ART UNION PROFITS
OVER £BO,OOO FOR YEAR THE RELIEF OF DISTRESS TOTAL OF £66,850 ALLOCATED t [by tklegbaph—special kepohtek] WELLINGTON, Tuesday A net profit of £80,956 was made from the £SOOO gold art unions hold during tho year ended March 31 last, according to tho annual report of tho Department of Internal Affairs for that period which was presented in the House of Representatives to-day. Eleven of those art unions were held and the gross sales amounted to £224,657; commission on sales amounted to £33,698; expenses, to £32,537; prizes, to £55,000; net proceeds, to £103,421; and lottery dutj', to £22,465. Of tho net profit of £80.956, £66,850 was allocated for tho relief of distress. This makes a total of £235,000 made available during tho past four and a-half years from tho art unions to the various mayoral and other recognised central funds established for the relief of distress.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19371020.2.117
Bibliographic details
New Zealand Herald, Volume LXXIV, Issue 22864, 20 October 1937, Page 16
Word Count
148ART UNION PROFITS New Zealand Herald, Volume LXXIV, Issue 22864, 20 October 1937, Page 16
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in