The Oakbank Oil Company Limited, Report by the Directors and Abstract Balance Sheet for Year Ending 31st March 1910.
code: 200124
Description
The Oakbank Oil Company Limited, Report by the Directors and Abstract Balance Sheet for Year Ending 31st March 1909. To be submitted to the Twenty-Fifth Annual General Meeting of the Company on the 18th May 1910. Details the: Profit and loss account Dividend recommendations Directors changing or retiring Liabilities Assets The balance sheet also notes: 'While the value of Sulphate of Ammonia has remained steady during the past year, the value of all other products has suffered a further heavy decrease, and is the lowest recorded in the history of the trade. The Shales in the Duddingston Fields continue to develop satisfactorily. The New Mines near Oakbank Works are also opening out well, and will very soon give an output sufficient to enable the Retorting Department at Oakbank Works to be re-started. The extension of the Refinery is practically completed, and has been planned in such a way as to ensure the increased throughput being delt with in the most economical and efficient manner.'
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