N.Z. FARMERS' CO-OP. DISTRIBUTING CO.
(By Telegraph.—Press Association.)
"_ MASTERTON, 20th November. «. £• ann r ual meeting of shareholders of the New Zealand Farmers' Co-op. Distributing Co.-was held to-day, presided over by Mr. J. J. Bryce, chairman of directors. J-ne annual report showed that the surplus of. assets over liabilities had increased from £72,166 in 1923 to £155 933 in 1929. As the result of increased business new records had been made in both trading and commission departments. The net profit" for the year amounted to a record, and the substantial sum of £15,527 The payment of a dividend of 7 per cent' on capital of the company called up and paid wilT absorb £7250, and £2000 is to be added to the reserve fund _Jhe retiring directors (Messrs. E. Eagle, G..L Marshall,'and A. Stuart) were reelected. .
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Bibliographic details
Evening Post, Volume CVIII, Issue 124, 21 November 1929, Page 12
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135N.Z. FARMERS' CO-OP. DISTRIBUTING CO. Evening Post, Volume CVIII, Issue 124, 21 November 1929, Page 12
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