FROZEN MEAT TRADE.

Colonist, Volume LII, Issue 12721, 17 February 1910, Page 2

FROZEN MEAT TRADE.

THE RECENT DEPRESSION. HEAVY LOSSES. f^2EBB Association — CoPYitmnT.] (Received Feb 16, 10.50 p.m.) IZondon, Fob 16. Nelson Bros show a debit balance of £32,590, and have transferred £50,000 from the reserve fund to cover the loss on the sale of frozen meat. The company pays a dividend of four percent on ordinary shares. . Sir Montague. Nelson, presiding at the annual meeting, said he had been informed, and he believed it to be true, that a million sterling had been lost at Smithficld during the late depression.