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N.Z. REFRIGERATING COMPANY

[by telegraph.— press association.] Ddkkdin, Wednesday. At the annual meeting of the New Zealand Refrigerating Company, Mr. John Roberts, the chairman, said that about 30 per cent, of the cost of works had now been written off. As the profits depend entirely on the amount of work which the company gets, it has been impossible to say till the end of the year what the result would be, but it is possible they could see their way at the end of next year to make a reduction of one - sixteenth of a penny. Shippers at Burnside and Oamaru will be placed oh an equal footing. He mentioned that the tendency seemed to be towards a reduction in the number of shipping. The retiring directors, Messrs. Brydone and Roberts" were re-elected, and a vote of thanks was passed to the owner of the Elderslie and Fifeshire for having reduced the freight while under contract to carry at per lb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18880802.2.30

Bibliographic details

New Zealand Herald, Volume XXV, Issue 9122, 2 August 1888, Page 5

Word Count
161

N.Z. REFRIGERATING COMPANY New Zealand Herald, Volume XXV, Issue 9122, 2 August 1888, Page 5

N.Z. REFRIGERATING COMPANY New Zealand Herald, Volume XXV, Issue 9122, 2 August 1888, Page 5