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COMMERCIAL.

ho™« f T enu ? coUected at the Customn2?fL,w? ual meet!n g of the Milburn Lime and Cement Company was held this week. The direcshowed a credit balance for the year of £2,582125. ?™™. whl * the directors had already paid an interim dividend at the rate of 6 per cent. 5 e i r (»? D i U . n \ 1 ? avi - nK a balan ce for distribution of ' j jf£ ld - ■ From this the directors recommended the payment of a further dividend at the same rate, amounting to £753185. to write £450 %?t ?? Setc., and t0 carry forward the balance of £624 Ids Id. It was stated that the sales during the past year had been 25 per cent, in advance of those of the previous year, the increase being largely in agricultural lime. To overtake the demand the directors had decided to erect another kiln, and when it is completed it will be possible to put out about 1,400 tons of lime per month, fi?™""^ dlat e Prospects were good, prices being firm. The retiring directors (Messrs T. Brydone and John White) were re-elected, and Messrs Barr and Leary were re-elected auditors. MINING NOTES. «tC w uape H?J, m £ s .' > s the Allowing items: - The Round Hill Mining Company washed up for a fortnight for 1340z, valued at £530. The Kf-ft 8 r^ turn J - fO I five davs ' w o* is w\£ g ° ld -, A ?other dividend of Is per share has been paid. A dividend (the eighth) of Is per share has been declared by the Otago Gold Dredrf ing Company. The Golden Gate dredge is said to be on a capital bit of ground, and getting gold freely Her returns for the last few dafs are expectedto be large." Mr C. S. Reeves reports 20oz 19dwt 6gr gold from the Enterprise dredge for this week. THE LABOR MARKET. J£ r ,w ko 5 e re P9jte:-" Farmers should now be in grand fettle with the promising spring -sunshine and showers made to order. Farni hands are healthy, and there is a big rush for boys and lads, but they must have milking diplomas. Station people are making a move, and wages keep right for all but duffers.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18970925.2.35

Bibliographic details

COMMERCIAL., Evening Star, Issue 10429, 25 September 1897

Word Count
369

COMMERCIAL. Evening Star, Issue 10429, 25 September 1897

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