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£ 8 . d. £ s. d. Tho balance at credit of profit and loss account, after covering* losses on last year's grain charters, and making full provision for all liabilities to the close of this financial year is 36,523 10 10 Which your Diroctoi'.s recommend should bo appropriated as follows : — To tho reservo fund, which will then stand at .£120,000 - • 7,500 0 0 To pay a dividond of 10 per cent, of which a moiety was paid m January last - - 12,627 13 11 To carry forward to profit and loss new account • 16,305 16 11 ■ 36,523 10 10 Directorate.— Your Direotora have mrxch pleasure m stating that thoy have been joined on the Board by Mr Henry John Tancrod, and, m accordance with the Artioles of Association, the threo mombers of tho Board to retire from office are Messrs J. L. Coster, H. P. Murray-Aynsloy, and Henry John .Tancred, who, being eligible, offer themselves for reelection. Auditors. — It will also be necessary to elect two Auditors, Messrs David Craig and Alex. Carrick's term haying oxpired, but thoy are eligible for ro-olection. Tho dividend recommended by your Directors, if sanctioned by tho shareholders, will be payablo at the head offices and all tho colonial branches on and after tho 15th August noxt. For the Board of Direotors, H. P. Murray-Atnsley, Doputy-Chainnan. Christchurch, 31st July, 1883. Balance-sheet of the Now Zealand Shipping Company, Limited, on Juno 30th, 1883. (London accounts to April 30th, 1833.) Dr. £ a. d. £ a. d. To capital subscribed - - 263,310 0 0 Le3s amount uncalled - - 138,732 10 0 129,577 10 0 „ Bills payable - 103,091 10 11 „ Debentures, fixed deposits and accrued interest - - " 97,222 12 3 „ Dividends unclaimed - - 124 15 0 „ Sundry debts dno - - 141,565 10 5 „ Reserve fund 112,500 0 0 „ Insurance aocount - - 5,031 16 5 „ Balance at credit of profit and loss - - 36,523 10 10 14 10 Cr. £ s. a. £ s. d. By Company's fleet of sailing ships, costing 332,251 9 11 „ Compan y's stoam ships, payments to builders on account of three steamers m conrso of construction - 101,393 18 11 „ Sundry property, inclndmg refrigerators, coal hnlka, cools and stores on hand and afloat 40,926 4, 3 „ Properties and office furniture, at the hoad office, branches and m London - 23,179 10 0 „ Sundry debts due, including net freights collectable (insured) - - 106,272 10 6 „ Cash balance at credit with bankors - - 13,774 3 3 „ Petty cash at agencies - 30 10 0 „ Bills receivable - - 1,307 8 0 15,112 1 3 „ Dividend aocount — interim dividend paid m January - 6,250 0 0 X 625.690 14 10 PiJOPIT AND LOSS ACCOUNT. Dr. £ a. d. £ s. d. To Reserve Fund — Further appropriation, bringing it up to .£120,000 - 7,500 0 0 „ Dividond Account — To provido for interim dividend paid m January last - - 6,250 0 0 „ Farther proposed dividend, making 10 per cent for the year ondod Juno 30th, 1883 6,377 13 11 12,627 13 11 Balance — „ Carried forward to profit and loss new account - - 16,395 16 11 .636,523 10 10 Cr. ~£ ZI. By balance — Brought forward - . 10,623 16 3 „ Net profit — Of tho operations from June 30th, 1882, to Juno 30th, 1883 . . . 25,899 11 7 £36,523 10 10 We hava examined tho books, accounts, and vouchers of tho New Zealand Shipping Company, Limited, including tho London balance-sheot to April 30th, dnly audited and certified ns correct by Messrs Quiltor, Ball, Crosbie, Clogg, and Wolton, of Moorgato street, and heroby certify that the foregoing is a full and fair balance-sheet, and properly drawn np, so as to exhibit a true and correct view of the Company's affuirs to tho close of theso accounts. David Ceaio7 . „, A. Cabkick {Auditors. Christchurch, July 23rd, 1883. IBy. Telegraph. | WELLINGTON. Mr James O'Shea reports— Flour, Adflaido, Llo sales nominal ; Canterbury, LlO 10s to lilO los ; Oamarn, do do ; Dnnedia, Lll to Lll S3 ; sharps, 100s to 110s j bran, 85s to 90s ; oats, Is lid to 2s 6d for fair muling ; potatoes, oos to 60s ; maize, 3s Od to 4s ; barley, no sale • hams and bacon, 7Jd to 8d ; butter, 9d to lOd ; cheeso, 6id to 7d. ECONOMY. COMFORT. SAFETY. THE SHAG POINT COAL COMPANY (Limited), Beg to inform the Public of Timaru and neighboring District that their Favorite Household Coal Is supplied by all tho Local Coal Dealers at Prices to suit the times. Wo confidently solicit a trial of SHAG POINT COAL, as it is the Cheapest and Best m the Market, being Freo from Soot and Live Embers, and emitting a strong, steady and lasting Heat. Special Rates for quantities of Four Ton 3 and upwards. For terms, apply to your Dealer, or at Company s Office, P. 0., Bos 213, Dunedin. Ask your Dcalor for SHAG POINT COAL 7-26 6131 NEW SPECIALTY IN TEAS. ~ PACKED IN TIN CANISTERS. BENJ. HIBBARD, TncAßtr Tba Wabbhoubb.

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https://paperspast.natlib.govt.nz/newspapers/THD18830804.2.12.1

Bibliographic details

Timaru Herald, Volume XXXIX, Issue 2766, 4 August 1883, Page 2

Word Count
793

Page 2 Advertisements Column 1 Timaru Herald, Volume XXXIX, Issue 2766, 4 August 1883, Page 2

Page 2 Advertisements Column 1 Timaru Herald, Volume XXXIX, Issue 2766, 4 August 1883, Page 2