AUCTION SALES

Dominion, Volume 12, Issue 259, 29 July 1919, Page 8

AUCTION SALES

FORTHCOMING FIXTURES. TO-DAY. Culnn Streot, Wellington, 10.30 a.m.—3alo of paper (E. Johnston and Co.). Fox ton Line, Sanson, 11 a.m.—Sale of stock, implements, oto. (Dalgety and Oo.i. Reikorangi, 12.30 p.m. Sale of stock and implements (N.Z. Loan Co.). Shannon, 1.30 p.m.—Pig sale (Abraham and ■ Williams). 45 ;Msmners Street, Wellington, 2 p.m.— -Furniture sale (Radford and Co.). TO-MORROW. Brlght's Theatre, Otaki, 11 a.m.—Property, sale (Dalgety and 00., and Abraham and Williams). , Otaki Yards, 1 ■ p.m.—Stock sale (Dalgety • and 06., and Abraham and Williams). Lyceum Theatre, Fellding, 1 p.m.—Land Bale (Abraham and Williams, and Levin, and Oo.). 195 Lambton Quay, Wellington, 2.30 p.m.— City property sale (Harcourt and Oo.). 151 Lambton Quay, Wellington, 2.30 p.m.— Suburban property sale (A. L. Wilson and Oo.). ■ THURSDAY. 195 Lambton Quay, Wellington, 2.30 p.m.— Bale of city, properties-(Harcourt and: ~Oo.).

, WELLINGTON MEAT EXPORT CO. >

THIRTIETH ANNUAL REPORT. The -thirtieth annual balance-sheet of the Wellington Meat Export Company,, Ltd., congratulates shareholders on the results shown. Tho balance to credit of profit and losa account enables, in addition to other provisions, tho re-establish-ment of tho dividends' equalisation reservo to tie full original sum of ,£20,000, together with a substantial addition which will bring its total to tho equivalent of two'years' dividends on present paid-up capital. The amount available _ after making usual provision for depreciation, interim dividend, etc., is 16s. Id., jvhieh the directors recommend should bo applied as follows Provision for payment of income tax for year just ended, •£29,500; reserve fund, £'Md; restoration of equalisation of dividends reserve fund, i 220,000; additional to this reserve, i 5000; half-year's dividend at 4 per cent, .CG3GS ■is. 6d.; bonus, 2 per cent., JE3IS2- 12s. fid.; carry forward, ,£SBG-i 17s. lOd. Total, <£74,4-12 153. Id. . • During the year the following directors resigned .from the board:—Mr. P. A. M'Hardy,!-Mr. Martin Elgar, and Sir Walter Buchanan. Tho vacancies created by the resignation of tho two firstnamed. were filled by the appointments of Sir. O. S. Watkins and Mr. A. P. Roberts. Sir Walter Buchanan tendered his resignation. This notification he confirmed by cablegram from London, and stated he would not be a candidate- for election. Tho board decided not to make an appointment to the seat thus vacated. Mr. ,0. S. AVatkins is the retiring director and being eligible offers himself for re-election. Of the retiring auditors, Messrs. O. G. Kember and A. T. Clarko are eligible and offer themselves for reelection.