COMMERCIAL.

Daily Southern Cross, Volume XXXII, Issue 5288, 23 September 1876, Page 3

COMMERCIAL.

THAMES GAS COMPANY. The fifth annual meeting of the Thames Gas Company (limited) was held on August 28, in tlio office of Mr. F. A. White, Shoit land-street, Mr. C. J. Stone in the chair. — The advertisement convening the meeting was read, and the minutes of the last meeting read and confirmed. — The secretary, Mr. F. A. White, then read the fifth annual report and balance-sheet, as follows : — The report for the past year now laid befoi e the shareholders, notwithstanding the gio.it dopiession at Grahamstown, shows a f.urly s.it^factory Balance-sheet and profit and loss account During the last half-year the levenue denved from the consumption of gas has considerably fallen off, but, after making duo nppiopiiation for bad dobts, there is still an available balance of £891 12s. 4d., out of which the diiectors recommend piyment of a dividend of Is. Gd. per share, amounting to £748 13-.., leaving a balance of £142 lfl->. hi. to be c.rried forward to piotit and loss new account. The dhectois iej;iet that through the decease of the late Mr. "W. C Wilson, they have been deprived of the sei vices of an experienced and most valued member of the Board. In accordance with the company's Articles of Association, one-thiid of thediiectois retire ; with a view, however, to economy, by the saving of one-fifth of the houoiaiium, the directors do not recommend the nlling up of the vacancy occasioned by the death of the 1 itc Mi. W. 0. Wilson, thus reducing the duectois to four instead of five ; theiefore, should the sh.ueholders agree with the director, it will be the business of this meeting to elect a ihiectoi in the room of Mr. J. Howaid, who letnes, and, being eligible, offers himself for re election. It i3 aUo required t > elect an auditor foi the ensuing year. — ForthoBoaid of Dnectois, C. J. Stone, chairman. The report was adopted. The Standard Insurance Company's annual meeting was held on Aug. 28, when the report and balance-sheet were read and adopted. Tho recommendation of the repoitwasth.it a dividend of 6d. per shaie tor the halfyear be declared, and earned to credit of capital account, which would make shares then stand at l'2s Gd paid up ; 40 per cent, of the sin plus to be earned to the credit of tho reset vo fund, 30 r>ei cunt. to be paid to the policy holders in the company whose accounts show a credit balance for tho preceding 12 months, and the lemaining 40 percent, to bu also earned to the reserve fund. The capital would then &t,uul at £20,230, and the reserve fund at €j,S10.

The barque Dilpussund took her ripp.ntuienn Saturday Sept. 1, for London, with ,i Luge valuable cai'go, the particulars of which we

mbliih : Wool £l,0S7 0 Curios 700 0 Apparol 100 0 Kauri ffum •• 10,00' » 0 Minerals C37 0 Cobra 1,575 o Cottons . .. 1,851 0 Pearl Shell 5,100 0 Fancy Goods . . 5 0 Eieotroplato 35 0 Leather 62 0 Emptv ammunition boxes . . 300 0 Tallow 810 0 Drapery 3 13 Hardware .. •• 1 10 Clocks .. . •• 1 10 £22.200 13