FARMERS’ TRADING COMPANY
A GOOD YEAR [Per United Press Association.] AUCKLAND, June 23. At the annual meeting of the Farmers’ Trading Company the chairman of directors (Mr* A. A. Ross) said the turnover approximated £2,000,000. The gross profits were £405,8(5, and after allov, *' tT for depreciation and outgoings the noiTprofit was £104,236. The directors recommended a dividend of ( per cent, for ordinary shares. During the year £179,649 worth of shares was taken up increasing the number of shareholders by 1,200. , , , , . Replying to a question, the chairman said, although they had disposed of the Queen street lease to Shillings Ltd., there was nothing to prevent them opening a store in Queen street or elsewhere if it suited them to do so.
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Bibliographic details
Evening Star, Issue 22682, 23 June 1937, Page 12
Word Count
120FARMERS’ TRADING COMPANY Evening Star, Issue 22682, 23 June 1937, Page 12
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