UNION STEAM SHIP COMPANY
, ■ THE. YEAR'S PROFIT £75,086. PRESS ASSOCIATION. ■. : \-W.'A DUNEDIN. December The ;thirty-fourth annual report: of tlur Union Steam: Skip Company ( States.• tkat I-f alter making provision for depreciation plant,. the net, profit for the year, ; includ- : ; I ing interest , on investments: and transfer. \ fees/ amounted to £75,086, Adding tko .bai*auce; from last,* year.- (£l4,629)thei-totnl’i’i® l u £89,818. ; After ■ deducting interest'’ on bentuves,;Hie interim dividend and nudw i « tors'; fees, there' is left* £51,307. • Tile: dircctors recommend the payment of a dividend at Ike rate of 9fcd per share' on 800,008 f ; ■ shares for : the -dx .■?. mouths i, ended: Septenv ; . her:: 30th, making«a total of Is 7d per. share” fund. This' will absorb £8335, leaving- • ; fng £19,640 to be carried forward .• The di- ‘ : : rectors also recommend that a bonus of 2itl per share bo paid out of the insurance fnnd. This will absorb £8,333. : ‘ . £441,463 to j the - credit of the • fund. • : ' C
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Bibliographic details
New Zealand Times, Volume XXXII, Issue 7301, 3 December 1910, Page 1
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155UNION STEAM SHIP COMPANY New Zealand Times, Volume XXXII, Issue 7301, 3 December 1910, Page 1
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