KAURI TIMBER CO.
SATISFACTORY ANNUAL .REPORT. By Telegraph—Press Association—Copyrhrhv MELBOURNE, December 6. The Kauri Timber Company’s gross profits for the year ended August 31st totalled £90,726. The sum of £0222 has been transferred from profit and loss to the contingency account, £2OOO to the log residue account, £1322 to the marine insurance fund, and £6870 is being paid on shares held by the company in other concerns. The net earnings were £49,753. A dividend of 8 per cent, for the year absorbs £46,820 and £3179 had been carried forward.
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Bibliographic details
New Zealand Times, Volume XXXIII, Issue 7977, 7 December 1911, Page 5
Word Count
89KAURI TIMBER CO. New Zealand Times, Volume XXXIII, Issue 7977, 7 December 1911, Page 5
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