WELLINGTON WOOLLEN COMPANY.
Tlie ahmial ropOrfc of the '"faellinglon Wo&llen Company shows that the yfiar'a profits atfiount to £10,723 13e, which, With the amount brought forward (£1553 14s 8d), gives £12.277 ?s 8d for allooaitoa. An interim dividend for the sis months to Slefc January last, absorbing £2247 9e Id, had been paid; £2580 had been written, off for depreciation of plant aitd< buildings; and! , £200 and £1000 transferred to reserve end the employers' liability reserve funds respectively. The directors recommended the pay-. moht of a further dividend of per cent., making 8 per cent, for the year, leaving £1610 6s lid to be carried forward.
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Bibliographic details
Otago Daily Times, Issue 12447, 2 September 1902, Page 5
Word Count
106WELLINGTON WOOLLEN COMPANY. Otago Daily Times, Issue 12447, 2 September 1902, Page 5
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