THE GREY RIVER TUG COMPANY'S PROFITS.
[to the editor.] Sir, — I offer you an apology for seeking the privilege of setting myself right in. a matter which the manager of the local Steam Tug Company has thought proper to bring so prominently before the public. 1 challenged him to dispute my valuation of L4OOO of a tug which should be in all respects not inferior to the local tug, and that the earnings of the latter for the past twelve months represented about eighty per cent, upon this sum. He has taken such a round about way of replying, that I think perhaps the subject, in the interest of those concerned, can be safely dropped. Commercial men, I am satisfied, will be able to judge rightly how far I am out in my estimates. Finally, there are others possibly in the community equally as able as Mr G. W. Moss to define the impertinence or otherwise of anyone coming forward to verify a statement in which the public is, at any rate, so far interested that, without its support, there would be no occasion to dispute about the eighty per cent. I am, &c, Rich. Nancarrow. Greymoufeh, 19th March, 1880.
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Bibliographic details
Grey River Argus, Volume XXIII, Issue 3610, 20 March 1880, Page 2
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200THE GREY RIVER TUG COMPANY'S PROFITS. Grey River Argus, Volume XXIII, Issue 3610, 20 March 1880, Page 2
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