FREEZING INDUSTRY
SOUTH OTAGO BUSINESS
(By Telegraph—Press Association.)
DUNEDIN, September 28,
The annual report of the South Otago Freezing Company states that stock dealt with for the past three seasons. 1936-37-38, is as follows:—Sheep and lambs, 281.585, 251,774, 317,223; cattle, 4010, 4009, 2698; pigs, 1036, 784, 620. After making provision for depreciation and transferring £9000 to reserve for income tax, the profit remaining, including last year's balance, is £16.814 0s Ud.
The directors recommend payment of a dividend at the rate of 5 per cent, per annum, which will absorb £6630 10s, and that the balance of £10,183 10s lid be carried forward.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 78, 29 September 1938, Page 12
Word Count
103FREEZING INDUSTRY Evening Post, Volume CXXVI, Issue 78, 29 September 1938, Page 12
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