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New Zealand Herald, Volume XXI, Issue 7002, 26 April 1884, Page 4

Amoxo the numerous associations haviß,, their head-quarters in Auckland, 3° creditably prosecuting their business w» benefit to the shareholders and w e community at large, there is none nw* e deserving of notice than that of "& Northern Steamship Company. Tll9 statement of accounts read by the °e**| tary at the annual meeting of the snai hohders yesterday shows the operations the past year to have been highly snc f e 7J ml, affording a dividend for six months* the rate of 10 per cant, per There are, we suspect, very few s tea ship companies whose dividends equal, this figure ; and, <» Mllie *;iy that the company has been <>»* three years in existence, it i 3 t „. e congratulated on the results of its vent • As the means of connecting the nu J?f r ; c t settlements in this provincial °?b> which have in the progress of been formed both north and Auckland, and on both coasts or island, this company occupies a and very important sphere of c on^" t ju activity, and it must be admitted w# directors are doing their best to growing necessities of the t* B **!* _ M large sum they expended during the p

few months.'on the priately described- by. the-.Chairman as "their best boat," ;and the authorising the building of hew steamer, the better to supply the traffic of Auckland with Tauranga and Russell, and the Waitara and. - West : Coast, furnish gratifying proof of their zeal aad enterprise. It, moreover, is thus made evident that they are desirous to keep abreast with the times, and that they realise the expediency of adapting the carrying capacity as well aa the comfort of their vessels to the expansion' of their' business, and the advancing taste of the travelling public. Th 6 time, it is to be hoped, will soon arrive when the company will recognise the advantage of extending the field of their operations, and when it will feel itself inr a position to make Auckland the centre of that larger ceastal and insular traffic which her pre-eminently commercial position entitles her to command.