MEAT BOARD FINANCE
ACCUMULATED FUND £96,000. LEVY ON MEAT '£36,400. • The financial -statement of the New Zealand Meat Producers’ Board shows that income for the year ended June 30 was £39,457, of which the levy on meat exported produced £36,071 (net); interest on investments, £3107, and net income from London cold store site, £279. The expenditure totalled £38,860, of which expenses of management accounted, for £13,149 (including head office and London office salaries, £6914); members’ honoraria and travelling expenses, £2566; supervision of grading and of loading and unloading ships (salaries and travelling expenses), £2955; board election expenses, £467; annual report, £491; advertising, £17,397; research grants and experiments, £617; prize money, £225, and “Eat More Beef” campaign, £205. The surplus of income over expenditure amounting to £597 has been added to the board’s accumulated fund, which flow stands at £96,390. The board’s assets include £58,500 invested in Government securities; cold-store site in London, £29,125; cash at bankers, £2680, and sundry debtors, £3645.
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Bibliographic details
Taranaki Daily News, 28 July 1932, Page 16
Word Count
161MEAT BOARD FINANCE Taranaki Daily News, 28 July 1932, Page 16
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