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ARGENTINE MEAT TRADE.

(FROM OH! OWN CORRESPOyDICT.) LONDON. April 29. What will be tho last report of Messrs James Nelson and Sons in its present

form—owing to the amalgamation with the River Plate Fresh Meat Companyshows a balance of £15.497. The directors declare a dividend of 6 per cent, on both classes of preference shares, leaving £3497 to be carried forward. They also propose an additional 1 per cent, on both ,classes of preference shares, and that the sum of £35,000, part of tho undivided profits of the tynsnpany standing in the reserve account, be appropriated to the distribution of a special bonus on the ordinary shares of 11 2-3 per cent, payable in new ordinary shares. This distribution is in connexion with the amalgamation of the company with the River Plato. Fresh Meat Company, for which the sanction of the Court has been granted. According to the report, the conditions of trade for the greater part of the year were abnormally bad.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19140604.2.100.4

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume L, Issue 14985, 4 June 1914, Page 11

Word count
Tapeke kupu
163

ARGENTINE MEAT TRADE. Press, Volume L, Issue 14985, 4 June 1914, Page 11

ARGENTINE MEAT TRADE. Press, Volume L, Issue 14985, 4 June 1914, Page 11

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