DAIRY COMPANY'S EXPERIENCE.
, A POOR YEAR. TIMARU, August 23. ' The South Canterbury Dairy Company held jts annual meeting to-day. The re- * port and balance sheet reflected the dry . seanon. During the year 6,80O,(3O01b of milk were received, or 2,b00,0001b less than the year before, Avhieh was also a dry one. _,With provision for bad debts and" depreciations the year's ,work show* a loss of £798.' During the "year 3000 preference shares were created to rais« more capital. Of these, 2000 were, under-i _ written by one shareholder, and_ less than 100 cold. The l'etiring directors spoke- - 1 " hopefully of the future. The number, of directors Tvas reduced from nine to five.
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Otago Witness, Issue 2811, 26 August 1908, Page 21
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110DAIRY COMPANY'S EXPERIENCE. Otago Witness, Issue 2811, 26 August 1908, Page 21
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