N.Z. SHIPPING COMPANY

Taranaki Daily News, Volume LII, Issue 247, 24 November 1909, Page 2

N.Z. SHIPPING COMPANY

By Telegraph-Press Association. Christchurch, Last Nh'lit. At the annual meeting of the" New Zeaand Shipping Company to-day ' the chan-man (Mr. 11. P. Murray-Aynslov moving the adoption n f the'report balance-sheet, said the rcduciio, „ pro fits was partly «l„e to « fnlliu-off in the quantity of cargo caiii..,l from ,'„ n flon to the dominion, and partly to (he low rate of frt,'gl,t llt which a la ,e portion of the woo] freight wns'cnrri"d ome last year. | t „, ls , h ;' "ftory hat, notwitlKtan.ling tl,; ~ ~ acks the .llviden.l ha,, been main ui . r t ™.„. s, " llm " s V?r share. S'r f.eorgc Cl.flor.l. i„ second!,,?, rcfcriv. Nt considerable length tn the , „,vc,„, ehien.y,,. the \orth Island, for , ," hi' | t™,n «-o„| f ri .ig|, fs . , lm| ~,' ""in that the movement was th,. re. An.tralian.uhil,, | ho ,„ ;,..'. " -on* why they should k , ~,„, !> 'V£; «*ho r stated thai if the eompW wcr loieed In reduce rates to a li..nro»vl,;, """LI not pay, it ,o„M „„ * Z I'ire the company's ability In ,n ■ "regular an!, ° To?™ conveyance of the dominion's lah'v i , m-e an, frozen meat to the Itom-,;. ': n H ( c , ls » <'«'«• Attention to 'he tact that the company's profits »-,.„. , ' the company's shares had not rea ", ?Ste^ir^ctr dT ' lr - rl --