FARM AND DAIRY.
TARANAKI PRODUCERS FREEZING WORKS The balance-sheet to be presented to the annual general meeting of the nbovo company on August 30, shows the liability on shares at £OO,IIB, sundry creditors £10,876, bank overdraft and interest £l6Ol, Government loan £7500. and suspense account £555, the total amounting to £85,711. Tho assets consist of: Land, machinery and plant (including additions last year, cost £9426), set down at £4«,r,3;, office furniture and stocks £221, storage accrued £7200, sundry debtors £5224, Meat Company shares £25,000, leaving a credit balance of £1483. The profit and loss account shows expenditure amounted to £11633, and, with depreciation £3002, totalled £12,605, wagon and management accounting for £4736, coal £1359, electric power £7Ol, charges £707, Insurance £346, wear and tear £797, Income tax £2OO The profits, exclusive of £503 brought down from the previous year, amounted to £ 13,675 ~ the chief Itonis being cool storage £12,523 and freezing charges £ll2B.
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Taranaki Daily News, 18 August 1919, Page 2
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153FARM AND DAIRY. Taranaki Daily News, 18 August 1919, Page 2
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