DIRECTOR OPTIMISTIC REGARDING FUTURE OF COLLIERIES.
Per Press -Association. WELLINGTON. December 5. At the annual meeting. of Brunner Collieries Ltd., Mr Stitt, the chairman and managing-director, said that the directors had had a strenuous year. There had been delay in disposing of shares. In consequence the directors had decided to issue debentures and it was hoped that these would all be placed during the year. It only required completion of the bins to enable output to take place. It was anticipated that work would be in progress early in the New Year. Shareholders could look forward w r ith confidence to the future. Mr I. Patterson, in seconding the adoption of the report, said that the' Railway Department was satisfied with the coal and it would be a large and immediate customer. Other speakers were also optimistic. The retiring directors were re-elected.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19281205.2.94
Bibliographic details
Star (Christchurch), Issue 18629, 5 December 1928, Page 10
Word Count
142DIRECTOR OPTIMISTIC REGARDING FUTURE OF COLLIERIES. Star (Christchurch), Issue 18629, 5 December 1928, Page 10
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in