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ENGLISH SHIPPING. PASSENGER LISTS.

Per Messrs P Henderson ami Cud LyLteUon (Captain Strong), from Glasgow May 23rd, and Greenocls

May 241h.-For Otago, N Z (consigned to the National Mortgage and Agency Company ol New l»» d: Limited):-Saloon-Mrs M'Callum and familj, Mr John C M'Callum and family, Miss Elizabeth lorsj th, Ml-sAituesForayth, MUs Margnrot Powytli, Mr N: M Hunter, and Mr J Emerson. Steerag,.-Henry Ua«thorne and wile, Andruw Brown and family, Jose M'Vcy aud family, Duncan M-Donald, Mrs Waldir a,nd family, Mrs Ann Chalmers, Agnes D Chalmers, Jeaitic O Chalmers, Daniel Branagan, Ca'.heiine Cardiw ana family, Ann Keman, Maggie Gamble, Eliza Seal y, James J Colcloiigh and family, Abraham Lußgley ami wife, Mrs Ami Mackenzie, and Charles Allan. Per Messrs Shaw, Savill, and Co.'s Auckland (Cap t«in Alexander M'Dousall), from London June 14th.ST,f^^r Ijol,^S;^i^wS;1jol,^S;^ i^wS; and John Walker.

THE SUEZ CANAL. Great hopes have been cxpressod of tho futuri) of tho Suez Canal r.s a commercial speculation. It appears from a report Just is ucd that for tlio year ISSI the total receipts amounted to 64,(170, lS«f 25c. Deducting working expenses, iutevort, and redemption of obligations, and i tevest at 5 per cent on shares, there ronmiiis, after providinj; 5 per c«--t. for tho statutory reserve, a not profit if 21,078.041 if 3-o ; consequently, the dividend for l&Sl is 4:it 80c pet sha'O. In 881 tho maritime traffic ol the Ciuia1. consisted of 2?27 vessels, tho grosa tonnage of which gauged (i.794,401 tona. Compand with ISjO, tho ausrineiitalion is at the rate of 34 per cent. Seven new lines have been ostablUlicu during tho ye»r,..ntl tlio regular services have added to their material 40 newstcameis. The ex client condition ot the Canal haa been not only uuiiitaincd, but even still further improved by Hie works curried out by tho company in tlie interest of commerce. Ac at present circumstanced, the Su.z Canal is udcquiUo to double the tr.ifiic at I'rescM usinir it In prospect, however, o! a future bU\l greater increase of navigation, the directors rofluett treni the shareholders the necessary powers to enable them to realise at more frequent intervals successive issues of obligations, to extend over a period of it years. By such means improvements muht be oflccted with less delay, to the ad> antage of commerco aud navigation -European Mail.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18820728.2.4

Bibliographic details

Otago Daily Times, Issue 6383, 28 July 1882, Page 2

Word Count
382

ENGLISH SHIPPING. PASSENGER LISTS. Otago Daily Times, Issue 6383, 28 July 1882, Page 2

ENGLISH SHIPPING. PASSENGER LISTS. Otago Daily Times, Issue 6383, 28 July 1882, Page 2

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