A PARADOX
COAL COMPANY'S PROFITS NEWCASTLE, dan. 29. To make a profit when its mine was closed, but to show a loss when the. mine was working, has been the experience of tbe Newcastle Coal Mining Co., Ltd., as revealed at the half-yearly meeting this aftepuoon. It was explained that intcrinittency of work before the trouble on the coalfields caused the company to lose money. Now, however, it can show a profit by leasing its coal wagons to unassociated collieries.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17182, 12 February 1930, Page 10
Word Count
80A PARADOX Poverty Bay Herald, Volume LV, Issue 17182, 12 February 1930, Page 10
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