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MAUNGAKARAMEA DIP.

LOSS ON OPERATIONS.

[BX XEtEORAP'H.—OWN CORRESPON-.*ISNT.J

WHANGAREI. Wednesday.

; The ; annual : report submitted to the Maungakaramea Cattle Dip .Association, shows that the past year had not been very successful, not much use having been made of the dip. ■:-' The presidont, Mr. hoped, however, that with the improved. tone of the market 1 for stocky \ that:- the ■ coming year would be a ; better. one. [ The balance sheet ; showed ; that :' the association was going back financially. Ho would like to see ■ some -arrangement:; come to, with regard ~to the overdraft. , Theirs : was the only dip - association whose overdraft -had not been called up by the bank. There -were 29 shareholders, and another £3 10s each would see them clear. He. thought it far;;better; to pay ;it off / and s have ■ the; dip : free. The : balance sheet showed a debit of £97 16s Id. • ■■■•' -. ---.:.-. Mr. T. ; " O'Carroll declared that ; there would : be .'a lot •of cattle dipped: this year.. All the stock coming fromHhc'Maugaltahia : would : bo ' trucked . at Tauraaoa, which meant that ■ they .would have vto be ' dipped ■"t&i Maansakaramoii.,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19231004.2.183

Bibliographic details

New Zealand Herald, Volume LX, Issue 18521, 4 October 1923, Page 12

Word Count
178

MAUNGAKARAMEA DIP. New Zealand Herald, Volume LX, Issue 18521, 4 October 1923, Page 12

MAUNGAKARAMEA DIP. New Zealand Herald, Volume LX, Issue 18521, 4 October 1923, Page 12

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