CASTERBUBY FROZEN MEAT COMPANY.
» [by tklegiupii.— press ASSOCIATION.] Ohristohorch, Thursday. The annual report of the Canterbury Frozen Meat Company states that) the profit and loss account shows, after writing £3000 off works account) for depreciation, the net profit to have been £3143. Of this, £1500 was distributed in July by way of an interim dividend at 4 per cent, for the half-year. The directors recommended the payment of a further 4 per cent., leaving £143 to carry forward. During the year 599,357 head of stock were dealt) with, being 10,215 more than the previous year. The balance-sheet shows a balance of assets over liabilities of £45,282. The receipts on freezing, preserving, and similar accounts wore £40,587. £27,731 was paid in wages ; £4554 in general expenses; and £2221 in interest and insurance.
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New Zealand Herald, Volume XXXIV, Issue 10628, 17 December 1897, Page 5
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131CASTERBUBY FROZEN MEAT COMPANY. New Zealand Herald, Volume XXXIV, Issue 10628, 17 December 1897, Page 5
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