THE MEAT TRADE
A HEAVY LOSS. Per Press Association. WANGANUI, Sept. 13. The Wanganui Freezing Company's balance sheet for the past year has just been issued. The directors in presenting the balance sheet say that the past season has been the' worst sinco the commencement of the frozen meat trade thirty years ago. " This has been brought about by the persistent fall in prices, followed by tho -utter collapse of the English,market v The balance sheet shows that after ptiyiAg the authorised dividend (£2762 15s 7d); the company commenced the year with a credit balance* to nrofit . and. loss account of £2650 5s During the year the reserve fund ~" (£6000) was transferred, but notwithstanding this, there was >' deficit of" £6824 15s 7d, making 'a total Uoss S6r» the/ year of £15,476 10s 9d| ~',:; ; W" :!./:-"'.
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Bibliographic details
Timaru Herald, Volume XIIC, Issue 14005, 14 September 1909, Page 5
Word Count
134THE MEAT TRADE Timaru Herald, Volume XIIC, Issue 14005, 14 September 1909, Page 5
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