The position of the New Zealand Farmers’ Distributing Co., as revealed by the balance-sheet laid before shareholders at the annual meeting held last week, is a most satisfactory one. This company has overcome a weakness that has afflicted so many farmers’ co-operative trading ventures, lack of reserves. The balancefiheet shows reserves (visible ones) totalling 20 per cent, of the paid-up capital. This is a good showing and one that is to be commended.
During a recent performance at the winter circus in Paris, a tiger turned on its trainers. Dr. Schirow and Mme. Valeria Leine, both Germans, and caused such injuries that they were taken to hospital for treatment.
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Dominion, Volume 30, Issue 64, 9 December 1936, Page 6
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109Untitled Dominion, Volume 30, Issue 64, 9 December 1936, Page 6
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