The Oakbank Oil Company Limited, Report by the Directors and Abstract Balance Sheet for Year Ending 31st March 1914
code: 200128
Description
The Oakbank Oil Company Limited, Report by the Directors and Abstract Balance Sheet for Year Ending 31st March 1914. To be submitted to the Twenty-Ninth Annual General Meeting of the Company on 13th May 1914. Details the: Profits and loss account Dividends Directors changing or retiring Liabilities Assets The balance sheet also states that: 'The value of products has ruled high during the year, but is now at a much lower level. All costs have also been high, and are unlikely to fall in the same ratio as prices have fallen. The supply of Shale has not been quite equal to teh capacity of the Works, but the development work necessary to meet the deficiency is being carried out as rapidly as possible.'
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