THE NEW ZEALAND FROZEN MEAT COMPANY.

Waikato Times, Volume XXIII, Issue 1928, 13 November 1884, Page 3

THE NEW ZEALAND FROZEN MEAT COMPANY.

At the annual meeting of the company, held in Auckland on Tuesday, the following report and balance-sheet were lead and adopted :—: — The diiectois ha\e pleasmo in laying bcfoie the shareholder-, the accounts of tho company f«'i tho peuod ending ."30th June List, m ipspect of which a dividend of 8 per cent has been alie.idy declated. Alckl\no Ki.cm \m vhon Works vxn FitM /in t (, Piant. — Considei.ible delay lias occuried in the prosecution of these vvoik", n« ing to the difficulties which arose in <u tanging with the \anous inteiest* invohed in cutting down Emily Place, ft om which thonecessaiy matenal for till ing in has been obt.iined. These difficulties have been sin mounted, the foundations of the company's budding-* have been completed, and the buildings are lapidlypro cficssmtr, and will bcieady foi opeiatioiibto commence in A]nil next. Qinv-sniu.r PRoriim.— ln anticipation of iemo\al of the company's business to the leclamation, your directois have effected a sale of tliese piemibes at a pi ice which leaves a good piofit on the amount at which the piopeitv stood in the books of the company. Acid and Mvnuiu: WoukS.— -These woiks are in course of election on a por cion of the company's piopeity at Ht Anne's Budge, Otahuhu. Tt is anticipatad that the company will be in a position to commence the manufactuie of phosphates and other manmes at about the teiinuution of the cut lent yeai. Teh Works.— ln Apnl last theio being tho prospect of consideiable depiession in the fio/en meat nidustiy in the London maiket, your diiectois weie led to consider uhcthei it would not bo mote piactical to o tablish these woiks at sonic centie where alaiger population and a wanner climate eiibiuea gie.iter demand for ice. Acting o i this \iew a company has been foiniod in Sydney, to which the ice plant ordered fioin Ameiica has been tiansfened, and in ivlnch your diiectois have retained onehalf mteiest ; and the election of the ice works in .Sydney is now approaching oomp'ctiou. Owing to the faduic of another company that has hitheito supplied .Sydney with ice, and lelymg upon the supoiior quality and economic production of tho ice under the conuianyV patent, secuied in America, your dnectoia anticipate a \eiy favourable issue to tho opeiations of this company. Wvh'aka Works.— With a view to placing the company in a commanding position for the successful piosecution of the pieseived meat and kindled industiies, your directors have taken stops to establish fiist-class free/ing and meat picsciving woiks at Waitara ; and a -site having deep water fi outage has been secured from the Waitara. Harbour Board for a long tuim at a nominal rental. The position of these works, connected by railway with the lich giazing lands of tho West Coast, leaves nothing to be desired ; and a contract has been entered into for their completion by Apiil ne\t. Arthur BhLX*. Chaiiman. BVLANCK-SHIXr. Capital (40,000 .shares, at £5) £2:30,000. I)r.— Subscribed capital issued, 20,000 shaies at £~>,£loo ; capital uncalled, £07,821 14s 7d-£32,178 5h 3d ; bills payable, £25.()18 os 3d : accounts owing by company t'2174 l")a 4d ; open liability on lemoval of &hed, £39 7s lOd ; balance piofit and loss account, £807 os2d total, £GB,OS(i 0s 2d. Cr. — Fieehold propei ty, £2),005 8s Sd ; leasehold pi opei ty, £(!571 10s 3d ; inochinery, plant, and furniture, £0418 19s Id ; hoises, £492 17s Gd ; stock on hand, £11,024 (!s 5d ; accounts owing to company, £13,012 Is lOd; bills iccievable, £5G5 14s M ; Bank of New Zealand, £4150 0s 8d ; cash in hand, £205 15d : Total, £08,080 0s 2d. Profit and Loss Account. Dr.— lntere&ts and Discounts, £1595 0s lOd ; freight, £1105 11s Id ; charges, £2344 l(ss Id ; wages and salaries, £0828 7s 7d ; bad debts written off, £1179 8s 2d ; bonus 25 per cent, paid on Fisher and Co.'s capital, £9367 7s 3d ; depreciation value of property, &c, £052 Is 9d ; expenses forming company, £572 9s* fld ; balance at credit, £807G Gs 2d : Total, £32,021 8s Bd. Cr.— Balance at 30th June, 18S3, £0534 10s 8d ; rent, £314 19s 10d ; transfer fees, £1 15s ; itiburance (commission), £3 14s Gd : unclaimed dividends Fisher and Co., £0 8s ; profit on sale of Queen-street property, £11,225 19 3 lOd ; profit Thames branch for year ending 30th June, 1884, £007 4s Id ; gJofs profit on stock account, £13,320 10s 3d ; total, £32,021 8s Bd.

August Flower. The most miserable beings in the world are those suffering from Dyspepsia and Liver Complaint. More than seventy-five per cent of the people are afflicted with these two diseases and their effects ; such as Sour Stomach, Sick Headache, Habitual Costiveness, Palpitation of the Heart, Heart-burn, Waterbrash, gnawing and burning pains at the pit of the Stomach, Yellow Skin, Coated Tongue and disagreeable taste in the mouth, coming up of food after eating, low spirits, &c. Go to your Druggist and get a bottle of August Flower. This valuable medicine has cured thousands and thousands of sufferers and is known in all civilised countries. Two doses will relieve you. It costs only 3s 6d a bottle. Sample bottles 6d. Messrs Lewis and Simpson, wholesale and retail ironmongers, wine and spirit merchant*, and General Commission Agects, Cambridge and Auckland, insert a new advertisement in this issue. They* intimate that they will receive order* for wines and spirits at Cambridge and forward all $oogt by waggon pr rail.