THE EXHIBITION
LIQUIDATING THfc COMPANY
(By Telegraph. Press Association.) DUNEDIN, This Day. Formal steps are now being taken to liquidate the Exhibition Company. Mr Ross the chaMrman, in the course of a statement, said the attendance wa s 3,200,498. average per day 22,538. The Government gave not' £50,000 but £30,000 (and another £25,000 if wanted), all of which was' paid back, but only £IO,OOO of the latter was required. A total of £11,164 worth of pictures was sold from the art gallery. The band had not cost £30,000 as widely stated, but actually about £12.000. The shareholders would get back 14s lOd in the £. Receipts were: Admissions £100,262, space fees £61,555, commissions £11,578, amusement park £13,172, scenic railway, etc., £56,270. The cost of buildings was £211,062, including architect's fees £10,493. Expenditure on the grounds was £31,594, wages and salaries £35,578 advertising £11,353, and the band £12;556.
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Bibliographic details
Waipa Post, Volume 32, Issue 1777, 1 July 1926, Page 8
Word Count
146THE EXHIBITION Waipa Post, Volume 32, Issue 1777, 1 July 1926, Page 8
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