THE MEAT TRADE.
A COMPANY'S LOSS. By Uelegrapli.—Prcsa Association. >ni Wauganai, ii««t Nignt. i "singaimi I'rocziiiir CompanvV balance-sheet for the past year has just been issued, The directors, in present- 1 >t, say that the past season lias hern the worst since lie commencement of the frozen meat trade some thirty years 'StRo. This,' Ims been brought about by t 10 persistent fall in prices, followed I>V utter collapse of the English meat market, llie balance-sheet shows that f'"* the authorised dividend I iJ7(i2 l.is 7d), the company commenced the year with ti credit balance to profit and loss account of £2050 15s 2d. l)nrin S the year the whole of the reserve fund ( £(1000) \y;us transferred, but, notwithstanding thisi, there was a. deficit of CUS24 15s 7<l, making a total loss for the year of £15,470 10s 7d.
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Taranaki Daily News, Volume LII, Issue 189, 14 September 1909, Page 2
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139THE MEAT TRADE. Taranaki Daily News, Volume LII, Issue 189, 14 September 1909, Page 2
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