THE NITRATE KING.
There were meetings oi throo nitrate I companies recently lield nt Liverpool, ; Colonel North presiding nt each. In moving the report of the Liverpool Nitrate Company, ho said they were now turning out nitrate cheaper than before. At the meeting of the Primit.iva Company Colonel North said that no one was more disappointed than himself at the results of last year's working, for be had always considered the Primitiva a much better property than the Liverpool, which had paid back its capital three times over. The Primitiva had boon unfortuntao in having too big a plant and too big a house, but they had now sold the house and also a portion of their plant. The letters from the new manager wore very satisfactory, and tho shareholders would be pleased to hear that tho cost of production had been reduced by about £ 1 por ton, and tho profits for tlielastlhreo months were about £OOOO.
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Bibliographic details
Hot Lakes Chronicle, Issue 115, 15 February 1895, Page 4
Word Count
157THE NITRATE KING. Hot Lakes Chronicle, Issue 115, 15 February 1895, Page 4
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