MONEY IN CONDENSED MILK.

Dominion, Volume 3, Issue 719, 19 January 1910, Page 10

MONEY IN CONDENSED MILK.

ti f K;TKerb Tis^evidently; ■ money '••-to ■be .made %h in-'condensed, milk.;. The'accounts of the 'jv-fßacchus-Marshi.Goricenrated •Milt;. Cora;;Spany:of:Tictoria'foi,<,tho year, qnded :Octitober 31, - 1909,v;show;; profit',of. :?:&yh1,862,v- to'.liifjiioh'-:'- :is v ;Sadded g'-vbrought- a .total 'K : t.of.; J15,274; ;i :4usinterjin';^.divideiidv; abv :::!';:;;Borbed .£2loo,:!arid,'a .further/dividend, ofj^Scent.: for Jthe .year, absorbs "'U;2801..: 'Dur-jf.;'irig:.:the-.;yoar>"i!3Co() *,was .(transferred' t-_ ifijTCsefye/r/'WhiohiV,;;.together ':.:withV'"other brought 'that; : account ■;;: up X' to 'Wv'^B46l,; outyof ; {which: a.:b6rius; ; of ':'2s.vCd:' :;,;!: per-share'was paid,on July 9 on.tho;. then ;Vp capital? of the,: company!:.lt ; is. now- proJv'posed -to.;carry.V£iOOO, to ispecialiresorvo. ir '.accoant, v :-;le'aving:..'a':. balance. ;of J55772' at 5;/;;credit of• proiit;.and:loss occduiit. Tho com-' has a-paid-up'capital of'Jß2B,oll, and '■',:'■'.- adding reserve" jßiifil, profit and loss :.:£SSli, .;'■••'■; and ; . bills, payable"; arid :'sundry creditors the^balahcc-sheet.total; is'isi,7Bo: y. r ' Assets include":.building;.land, .plant, .and #' and. other: items; :ii •■•;"'.- During. tKe;: yearVthe.'cbinpany 'purchased j;y: the.;-business. ; pf_; Messrs. '/.Charles Diirin 3; r i and .'Co.;: and; the'" Bacchus,Marshifactory; : f. ; ,:';ondl.busine'ss.;'of'Thomas Anderson.'arid again" entered '■% Jslrito"; thei manufacture .'of,sweetened,, con';^:i i densed:milkj ; the; ; results warranting the c3J::> : »top'; and;though; competition with other av^milks:;£s';-very:,keen,{.the •company'.'.haye .;!'": established ia.strcng.-.'pcsi lion,. continually , : improYinE. ■■[.;■'■