INGLEWOOD BACON CO.

Taranaki Daily News, Volume LV, Issue 118, 4 October 1912, Page 8

INGLEWOOD BACON CO.

ANNUAL REPORT.

Following is the thirteenth annual report of the Inglewood Co-operative Bacon Curing Company, Limited, for the |jw ended August 31st, 1912, to be submitted; to the annual meeting of shareholders to be iheJ-d at Inglewood on Saturday, October 12th: Your directors are pleased to again submit to you the annual balance-sheet and! statement of accounts of the Company. As anticipated in the last annual .report the prices paid for pigs during the year have been very high, -probably forming a record for the Dominion. The number of pigs handled at the factory was about the sauie as for the previous year, but the amount p»id out for them showis an increase 'over tte previous year of £2421 4s 3d. During the year the Company ilias paid out to shareholders the sum of £598 18s 4d in excess of the : market price of pigs. There has been ,% considerable increase in the number of shareholders, and 1 tine .share capital account has been .still further improved. Tho Company's buildings have been further added to and improved, and the most up-to-date uethods of manufacture are lio'Y in live. The water power has also been inci eased, and alterations of a perminient nature Ihav-e }>eui\ made. The prospects before the industry are promising, and it is anticipated * that prices will be well maintained during the coming year. You are required to "elect two directors in place of Messrs. Brown and Hall, who retire in rotation and are eligible for re-election; also an auditor

in place of Mr. Hopson, who 'again offers his services.