WELLINGTON MEAT EXPORT COMPANY ANNUAL REPORT.
: The twenty-ninth annual report of tie •Wellington Meat Export Company, Ltd:, states that owing to continuance of war conditions and consequent lack of shipping, stocks have accumulated exceed- : ingly, and the company's responsibilities ; are correspondingly great. In eonse- , quence, the directors have not taken lo ■ account estimated surpluses from sales of Jtocks in hand, but have decided to transfer i to profit and loss account Ihe balance of ,' .£IO,OOO standing in equalisation ol' divi- : ; dend reserve which, after deducting i .£5564 9s. 4d. depreciation, leaves al credit ; of profit find loss account the sum of ; -612,54-4 9s. 6d., from which the interim dividend of 4 per cent., amounting to .' 415929 13s. ffd., was paid at December 31, " 1917, leaving .£6614 165., which it is tcrommended to apply in payment of a further dividend of 4 per cent., absorbing .' 9s. lid., and leaving JC4S2 6s. id. 1 to l)e carried forward. The retiring directors are Messrs. .Tames Campion and Martin Klgar. who, 'being eligible, offer themselves for vei. election. Of the retiring audilors, Messrs. TI. P. i.. Bucholz and S. Wheeler are eligible for re-election.
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Dominion, Volume 11, Issue 263, 26 July 1918, Page 8
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190WELLINGTON MEAT EXPORT COMPANY ANNUAL REPORT. Dominion, Volume 11, Issue 263, 26 July 1918, Page 8
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