KAURI TIMBER COMPANY.
DIRECTORS’ REPORT,
United. Press Association. Copyright
MELBOURNE, Nov
The Kauri Timber Company announces that, subject to audit, it proposes to pay a dividend of 8 per cent. The company’s financial position has been greatly improved by the payment of debenture debt. The directors report that the revaluation, of the company’s assets will furnish sufficient to wipe out the depreciation account of £220,000. This means that the valuation of the company’s forests has resulted most satisfactorily, owing to care of the timber conserved, and the increased value of kauri and pine.
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https://paperspast.natlib.govt.nz/newspapers/GIST19081113.2.29
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Gisborne Times, Volume XXVI, Issue 2347, 13 November 1908, Page 5
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93KAURI TIMBER COMPANY. Gisborne Times, Volume XXVI, Issue 2347, 13 November 1908, Page 5
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