BRITISH NEW ZEALAND MEAT CO.

Evening Post, Volume LXXXIII, Issue 9, 11 January 1912, Page 3

BRITISH NEW ZEALAND MEAT CO.

ANNUAL MEETING. I 111 TJSUCOBAPa— PKESS ASSOCIATION.] CHRISTCHURCH, 10t.h January. The annual meeting of lho t British. New Zealand .Meat and Produce Company, Ltd., was held this afternoon.. ¦ ¦ The directors reported that, for the year ended 3lst October, ' 1911, there was a balance at credit of profit and loss account of £3101 12s Bd, which they considered very satisfactory. They recommended that" it be dealt with by the payment of an 8 per cent, dividend for the year, the extinction of the debit standing against tho depositor, and to carry forward the balance — viz., £489 14r <ld. During tho year agencies were opened at Bristol and "Cardiff, and business conditions were now established at all tho chief centres throughout England and Scotland. The profit and loss account showed : Dr. — Income tax, £338 8s 4d ; general expenses and cost of management, £4248 3s 2<l; balance, £3101 12s Bd;— total, £7688 4s 2d. Cr.— Balance on 31st Octoher, 1910, £639 8s 9d; interest, £Q3 14s 7d ; transfer fees, £4 ss; gross profits, £6960 16s lOd j— total, £7688 4s 2d. The report and balance-sheet were adopted on the motion of the chairman, who gave a lengthy review, of the past season's operations.

U) beat Chemists', 110. Bowling for Union, Cohen took nine wickets for 15 > runs. ; ; \ i [ \ L j > ; [ • ' t