THE N.Z. DRUG COMPANY
I(Bt Telegraph.) Dumedin, March 19. .a Ckairniaia of the Drug Company at ;umud meeting, after referring to the C chanite;*.. said: "I will abstain from ctitras (on the action of the Governt nnam: to suspend the tariff changes tile stuck* were cleared). and teave the riiw (it tile whote proceeding to the rmum ot those who needlessly inflictinjurj. We sustained a heavy loss, but int not sure that it is in your interest or it of tie Company that we should pubt tie eXKt figures. I may tell you, row. ri.it, after sales of those h'ighffijftry.p;ii(i stocks at reduced tariff for , 'raxj ai five month.*, we found that in wlSqub, ire have had. as at January 31. In irrite off before stock-taking no less than £2875. Being the reduced value of the twfc then. held, and on which we had Bid tie histier tariff. However as we w nn possibility of redress we deterrined to push on the business- with, if nssibte. extra, energy, with a view to reii|ierating the loss and paying the usual ividenrf for the year. 1 am pleased now J be aife to say that the results of the to's operations, justify us in recommendW tlmt ;t full dividend for the past vear swiiii."
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Bibliographic details
Oamaru Mail, Volume XXVI, Issue 8074, 19 March 1901, Page 3
Word Count
212THE N.Z. DRUG COMPANY Oamaru Mail, Volume XXVI, Issue 8074, 19 March 1901, Page 3
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