N.Z. SHIPPING COMPANY. ANNUAL MEETING.
(BT TEI.KGEAPH. — PXISB ASSOCIATION.} CHRISTCHURCH, This Day. At the annual meeting of the New Zealand Shipping Company to-day, the annual report recommended the payment of a dividend of 10s per share for the year, of which As per share was paid in April, carrying forward £15,508 15s 5d — a distribution equal to 5 per cent per share. It was stated that after transferring £20,000 to the Insurance fund, the balance of profit and loss was £12,383 8s 3d in excess of last year's profit. A contract had been let for the construction of an 8000 ton steamer to steam 13 knots, with improved passenger accommodation. Wool freight rates would not be increased, and fla^ was fixed at 45s and tow 60s per ten till 31st October, 1909. The report was adopted.
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Bibliographic details
Evening Post, Volume LXXVI, Issue 124, 24 November 1908, Page 8
Word Count
136
N.Z. SHIPPING COMPANY. ANNUAL MEETING.
Evening Post, Volume LXXVI, Issue 124, 24 November 1908, Page 8
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