r.—ib.

98

Milton ; Nicol and Sons, Waimate; Clark Bros., Maheno (Otago) ; Eedwood Bros., Spring Creek and Blenheim; Manawatu Boiler Mills Company, Palmerston North; Eollitt, T., Wakanui; Summerton, T., Templeton (Canterbury); Trapnell, George, Brookside; Wood Bros. (Limited), Christchurch ; Wilkie, Scott, and Co., Mosgiel. .

D. THE NEW ZEALAND FLOUE-MILLEES' CO-OPEEATIVE ASSOCIATION (LIMITED). Statement of Accounts for the Year ending the 28th February, 1903. Capital Account. Nominal capital— £ s. d. £ s- d. 2,500 shares of £10 each £25,000 0 0 Capital paid up .. .. .. 5,965 0 0 Less unallotted 410 Calls unpaid .. .. .. .. 305 0 0 shares .. .. 4,100 0 0 Capital uncalled .. .. .. 14,630 0 0 20,900 0 0 £20,900 0 0 £20,900 0 0 Genebal Account. £ s. d. £ s. d. Balance at credit of millers .. .. 34,862 111 Balance at banker's and cash on hand .. 16,634 19 7 Bills payable .. .. .. .. 30,198 510 Bills receivable .. .. .. 9,570 15 5 Sundry creditors . .. .. 735 19 2 Sundry debtors .. .. ..42,697 18 10 Capital paid up .. .. .. 5,965 0 0 Stock on hand .. .. .. 5,154 1 0 Bad Debts Account, special Furniture .. .. £492 5 1 provision .. .. £1,500 0 0 Less allowed for depreciaLess written off .. 265 4 9 tion .. .. .. 150 0 0 1,234 15 3 342 5 1 Drafts in transit .. .. .. 167 3 9 Estimated discounts on accounts, due 20th March.. .. .. .. 713 12 5 Profit and loss —Balance at credit .. 523 1 7 £74,399 19 11 £74,399 19 11 Pbopit and Loss Account. £ a. a. £ s. d Debit balance brought down .. .. 2,751 411 Commission earned .. .. .. 26,844 19 8 Discount allowed .. .. .. 11,757 13 5 Transfer fees.. .. .. .. 010 0 General expenses .. .. .. 10,163 9 9 Special provision for bad debts .. .. 1,500 0 0 Depreciation office furniture .. .. 150 0 0 Balance at credit .. .. .. 523 1 7 £26,845 9 8 £26,845 9 8 Contingent liability bills under discount .. .. £3,065 10s. George Jameson, General Manager. I hereby certify that I have carefully examined the books, vouchers, and other documents placed before me at the head office, Christchurch, and find that the above balance-sheet fairly represents the position of the association 28th February, 1903. Christchurch, 18th March, 1903. Alex. Montgomery, Auditor.

E. Issued to Shabeholderb only.] CHEISTCHCECH WOEKING-MEN'S CO-OPEEATIVE SOCIETY (LIMITED). (Eegistered under " The Industrial and Provident Societies Act, 1877.") Nos. 82 to 88, Colombo Street, Christchurch, and High Street, Kaiapoi. Open Monday, Tuesday, Wednesday, and Friday, 8 a.m. to 6 p.m ; Thursday, 8 a.m. to 1 p.m. ; and Saturday, 8 a.m. to 9 p.m. Twenty-eighth Half-yearly Eeport, From 31st December, 1902, to 30th June, 1903. To be presented to the Shareholders at General Meeting, to be held at Oddfellows' Chambers, Lichfield Street, Christchurch, at 7.30 p.m., on Tuesday, 19th August, 1903. Officers of the Society.—President—Alfred T. Hoddinott; Vice-president—John Ash Efford ; Trustees—James Hislop, George Frost; Committee—Thomas Armstrong, C. E. Baynon, S. Billcliff, G. Clothier, A. Duncan, Charles Mazey, W. Newton, Frederick Eobson, E. Scott, W. E. Woodham; Auditors —Alfred Marshall, Geo. W. Hulme, F.1.A.N.Z.; Secretary and Accountant —Mark W. Woodfield, A.N.Z.A.A. ; Solicitors —Messrs. Caygill and Widdowson ; Bankers —National Bank of New Zealand.