A YEAR OF PROGRESS.
Hie annual meeting of the Thames Fisheries Ltd. was lield last evening, the chairman of directors, Mr F. JJ. daxton, presiding; over 1 a good attendance of shareholders. The annual
report and balanidei sheet which were adopted disclosed that, the company was in a sound financial position, and that the past year had been one of steady progress, the statement drawing compressions of satisfaction from shareholders. <A dividend of 2s 6d per shaire-was declared. ." '' ■. Kes&rs S. Rowbottom, representing! C shareholders, and W. Reddish, representing suppliers* wei Je re-elected to the directoiiate.
The oomipany'g operations dtcring tlie year haiv© been of a varied nature as is shown by soane of tihe items on the balance siieet- In the^ past year" foi^ instance the company spent close; on £4000 in importing; nets* gear, bark 1 and ootton direct fwTn the maifcers. to tlie great advantagje 1 p£ the fishermen. Benzine w^s also siijp!})lied when it wa« available. The turncvea* for, tiie yena- 1 on fish sales was nearly £30,000, a oonsidermble advance on previous year's
operations. The oompaay now has! i&iur' sliojps of it« ctvm, including! a | now onti at Canabi-'idgle, while the | freehold of the Thames sh.op.had been ! pmrohased. Men^ori was made that ;
the fishermen suiptplying thfe company were paid a higher rate than those supplying the' A^Vlll^ Municipal Market, while the pride to the oonsumer 'is less in Thames than in any town from here to Wellington.' The company distributed during thte year th« suim of £4500 in wagiee.
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