CRITICISM OF THE MEAT BOARD.

Press, Volume LXIX, Issue 20905, 12 July 1933, Page 11

CRITICISM OF THE MEAT BOARD.

FARMERS' UNION REMIT. MISMANAGEMENT ALLEGED. (paissta \B3omTio* r.'.t,Eoit>u.) WELLINGTON, July 11. Gome ?harp criticism was levelled against the policy or the New Zealand Meat Producers' Board at a meeting of the Dominion executive of the Farmers' Union to-day. Mr A. Dickie moved on behalf of Southland: "That the grading of our meat be reduced to grades in which it is sold in London, and that the Meat Board be urged to protect the individual producer and exporter from being eliminated as an exporter by the increasing costs thrust on him if he consigns." Mr Dickie said New Zealand meat, on reaching the retail shops in Britain, Was Jumped. Mr J. E. Benson (Poverty Bay) said this was just another instance of mirmanagemeno of the Mca: rroduC::r-' Board, which had ouUiveu its us, u.ness, and was lying down on its job "We intend to see that there wili be a radical change in tho personnel of the board at the next election," he said. Mr W. J. Poison, M.P., saitf he entirely agreed with the second part or the remit. He had brought a bill before Parliament, but had failed to get it before the House last session, solely owing to the opposition of the Meat Board. Further criticism of the Meat Board was taken in committee, and the remit ! was carried. |

N.Z. INSURANCE COMPANY.

TEN PER CENT. DIVIDEND. (PUBSB ASSOCIATION TELSOUAAI.) DUNEDIN, July 11. The directors of the New Zealand Insurance Co. recommend a final dividend of one shilling a share for the half-year, making the year's dividend two shillings, or 10 per cent., the same as last year. [The net profit for the year ending March 31, 1932, was £156,761, the net premiums being £1,050,351. The paidup capital is £1,500,000, and the reserves at the last balance £1,136,955 which included the reserve for unexpired risks.] THEATRE DIVIDEND.

INTERIM DISTRIBUTION. (mass association tblbohah.) DUNEDIN, July 11. The directors of the Regent Theatre (Dunsdin). Ltd.. announce an interim dividend of 2J per cent. (6d a share;, payable to-morrow. Last year the dividend was 6\ per cent. cum. BREWING COMPANY'S LOSS. LTHE PHESS Special Service. 1 AUCKLAND, July 11. The accounts of Dominion Breweries:, Ltd., covering the third year of operations of the company to March 31, disclose a loss of £14,002, after full provision for taxation, depreciation, bad debts, and the creation of a contingency reserve of £2OOO. This compares with a profit of £1044 last year and £4392 in the first year of business. By the use of a reserve of £4OOO, and the amount brought in from la3t year, £l-136. the debit balance is reduced to £8566, which ii being carried forward. HIKURANGI COAL COMPANY. PROPOSAL TO LIQUIDATE. [THE PRESS Special Serrice..! AUCKLAND, July 11. A proposal to go into voluntary liquidation will be considered at an extraordinary general meeting of fchareholders in the Hikurangi Coal Co., Ltd., on July 20. The company has been in operation for 40 years. At the date of the last annual balance • December 31, 1932) the accumulated losses stood at £32,295. The company has a capital of £70,000 in 140,000 shares of 10s each, consisting of 45,000 ordinary shares, 45,000 preference shares, and 50,000 A preference shares, all fully paid. No dividends have been paid for some years. In addition, the company has issued £30,000 of 10 per cent, debentures. It is understood that the debentureholders of the company propose taking over the mine and a new company will be formed. The mine is being worked by a Hikurangi miners' cooperative party, the company drawing a royalty on the coal produced. GOLDBERG ADVERTISING AGENCY. CELEBRATES 21ST BIRTHDAY. This month 21 years ago in Wellington, Mr Frank Goldberg decided to become an advertising service agent. Starting in the face of strong opposition he succeeded in building a business and organisation which to-day is one of the biggest not only in New Zealand, but in Australia (states the Sydney "Newspaper News"). When the New Zealand office was going well he decided to spread to Australia. Here he found a field that was being served by big, efficient, and influential agencies, who presented formidable competition. A'fter several years of vim and fight, the Goldberg Advertising Agency is firmly established, *-ith offices in Sydney and Melbourne servicing a good sized list of important clients. SALE OF BUNGALOW. C. E. Jones Limited, report having Bold Mr Campbell's new bungalow at the cor- >•■"■ of Dee and Oanford streets, comprißinjr /our room* and » kitchenette, together witn » comer site of 23 perches, to Jlr ana Mrs Cooke, at n satisfactory figure. Also on account of the owner, the firm has Foia » residence of live rooms, together wit" half .-n acre ~f l„;id, in Bryndwr, to a client at a satisfactory figure.