THE NEW ZEALAND DRUGCOMPANY.
ANNUAL MEETING. pet: press association. L-dnedin, March 16. At the annual meeting of the New Zealand Drug Company the report, declaring a 7-J per cent, dividend, was adopted. The Chairman said the dividends had been improved b per cent., and the Direciors hoped to be able to continue to improve on it. The volume of business had materially increased daring the year, but the trade profits, as with every other branch of the business, were cut remarkably fine. It was suggested that liberal inducements should be offered to growers of linseed, and the Government might be approached to give aid to the unemployed by assisting them in linseed growing. Mr Sievwrigbt, the Chairman, said the previous Government had robbed the Company of £IBOO over saccharine, and he did not intend to ask the Government for favours in future. Messrs Sievwright and James Seoular were xe-elected .Directors, and the Auditors were re-appointed.
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New Zealand Mail, Issue 994, 20 March 1891, Page 2 (Supplement)
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155THE NEW ZEALAND DRUGCOMPANY. New Zealand Mail, Issue 994, 20 March 1891, Page 2 (Supplement)
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