Page 6 Advertisements Column 5

Wanganui Chronicle, Volume 86, Issue 116, 20 May 1942, Page 6

AUCTION SALES. COMPLETE DISPERSAL SALI OF THE FAIRWOOD JERSEY STUD QN account of Mr. CYRIL W. t OSBORNE, who is compelled 1 give up farming on account of il health and leasing of property: On the Property, PUKEHOU ROAI BULLS. THURSDAY, MAY 21. AT 10.30 A.M. STUD JERSEYS, including tb outstanding herd sire “Heathei lea Magnitude,” a son of “Ainu dale Oemo” and “Hcatherlc Madge” V.H.C., C.S.P., C.0.R., 5£ lbs. fat; and the V.H.C. cow “Fail wood Moonlight,” two C.O.R. n cords and second in the Waipik Jubilee Cup, etc., a number of H.( cows, mostly young 2yr. old an yearling stud heifers and bul. (see catalogue). 4 registered Berkshire sows. 2 regi: tered boars, 3 grade sows an stores, 56 breeding ewes, 1 South down ram, 3 half-draught fan horses, 2 children’s ponies. 1 sprin dray and harness, 1 s.f. Reid an Grey plough, 1 set tripod harrow 1 Massev Harris 9-coulter drill, Bar.* 'ord mower. 1 hay rake, . ha v s, r, 1 scoop, 25 tons It cc 'fe i v. 2 lOgall. cream can; 70 'l. /-ill bearing Alfa Lav? separator, sundries. Light Luncheon Provided. Catalogues on appliction to the Auc tioneers— ABRAHAM & WILLIAMS, LIMITEF Or WRIGHT. STEPHENSON & CO LTD. Stud Stock Dept. HOWARD SMITH YEAR. Profit of Howard Smith. Ltd., and il subsidiary companies for the , year to p» cember 31, amounted to £97,043, after elin inating outside shareholders’ interest, a dcrease of £24,730, compared with ]'.i4l». Prof in struck aftei setting aside £71,066 for dt preciation and £51.969 for taxation, con pared with £120.124 and £55,748 respective in the previous year. Profit from tradin was £136,719, agaim-t £231,G:;3, and incon from general investments £88,055, against £s(> 075. Parent company earned profit of £l2l 555, after providing £6116 for depreciatio (£7352 in 1940), and £30,000 for taxatio (£27,000). Profit in the year before was £136 886. Dividends of 6 per cent, on prefei ence shares, and 4 per cent, on ordinal shares (last year 5 per cent.), absorb £95, 000 ; £25,000 is transferred to general ic serve, against £20,000 (making it £470,00(1 and £25,869 is carried forward, again; £24,314 brought in. Tickets—We have ; full range of roll Admissioi Tickets in stock. The Chronic!' Printing Department. ’Phone 2191.