TRAMWAYS AS A SPECULATION. TO THE EDITOR.

Otago Witness, Issue 1296, 30 September 1876, Page 22

TRAMWAYS AS A SPECULATION. TO THE EDITOR.

, Sik — It has sometimes been urged by the opponents of tramways, as one of their pet arguments, that they do not pay, and iv consequence of this many Companies in the Home country and elsewhere have come to grief. Fiom the enclosed paragraph, which I have cut from the Glasgow Herald, of 24th July last, I think there can only be one opiniou on the subject — tuat some companies at least can make such enterprises pay. The paragraph reads as follows :—: —

" The accounts of the Dublin Tramway Company for the past half-year, subject to audit, show a balance available for division, of L11,G23. A dividend at the rate of 8 per cent, is recommended, which will absorb L 960 0; L 1750 will be carried to the reserve fund, which will stand at L 933 2; and the balance of L 273 will be carried forward."

When, it is taken into account that the profit shown is for only half a year, and. yields a dividend of 8 per cent., I should think, that even in thiß Colony, where we look for large returns, money need cot go a begginpr. While writing on this _ subject, I would just mention that it is my opinion, and that also of a large number of the residents north, of + he Octagon, and to the east of George street, that if the route which the City Council has decided upon is adhered to, the value of the Dunedin Tramways will be considerably lessened, by Berving8 erving the minority who- live along tho line of

George -street and the 'smaller "Balf of Great' King street, instead of , running through one of the more centrally situated streets', giving the large number of people resident towards the Bay some small chance of being accommodated. ' — I am, &c, !' • i . ' ' D. ShITH, CUBBIB. .. Ducedin, 21st September 1876.

Moller's Cod Liver Oil. — " It is with great pleasure that I can bear testimony to the purity of Mr Moller's Cod Liver Oil,' l which I have used for some three years 'both in private practice and at the Home for Sick Children, Coatham. In comparing the oil supplied by Mr Moller with that used pre- ■ viously, I cannot but be struck with the few cases in which the stomach refuses, to • tolerate the oil — a great desideratum in an institution where so many cases of scrofula are admitted. I can confidently recommend Mr Moller's oil to the public as ,of exceptional purity, and of great dietetic value. Thomas W. T. Locke, Surgeon West Suffolk Militia, Admiralty Surgeon and Agent,' Suffolk House, Coatham, April 10th, 1876." Peter Moller is the only real manufacturer bottling his Cod Liver Oil, thus offering to'" the public the guaranteed article.' Head 1 offices at Christiania, Norway; Branch at 521, Oxford street, W.C., London ; and Manufactories at Lofoten Islands, Norway. ■ Sold throughout the Colonies by all Chemists and Druggißts ; but have Moller's only. Bjy

Historical I—Vide1 — Vide "Jurors' Reports and Awards, New Zealand Exhibition." Jurors : J. A. Ewen, J. Butterworth, T. O. Skinner. "So far as the Colony is concerned, the dyeing of materials is almost entirely con* fined to the re-dyeing of Articles of Dress and Upholstery, a most useful arc, for there are many kinds of material that lose their colour before the texture is half .worn, Q. : , Hirsoh, of Dunedin (Dunedht Dye Works, George street, opposite Royal George Hotel)' , exhibits a case of specimens of dyed Wools, Silks, and Feathers, and dyed Sheepskins, The colours' oh the whole are very-fair; and ' reflect Considerable credit on the Exhibitor, J to whom the Jurors re6ommended 'ah' Hono-. rary Certificate should' be awarded;" Hbnb»< < r'ary Certificate, 639 : Gustav • Hirscfy • Dunedin, for Speoimen of Dyeing' in Silk, ' Feather*, &o. . . <<< ' m •> -! „: ;i „

••• „ I . -1 • Taylor Brothers' MARAViiiLAi Cocoa,— „ Tayior Brothers, London, having the excltf«! 3ive supply of this unrivalled Cocoa, invite ' comparison with any ether Cocoa for Purity -f-fine Aroma — Sanative, Nutritive, and Sustaining Tower! One trial Will establish it as aj favourite Beverage for 'breakfast,' luncheon, . and a Soothing Refreshment ' after a late evening. For opinion's "didt ■ Standard j 'Morning . Post, British Medical • ' Journal, &c, &c. . • > "j Taylor, Brother's' Homcegpathio Cocoa-. -•-This original preparation,, which, hap at--., tamed such a world-wida reputation, is manufactured by Taylor Brothers, under, the ablest homoeopathic 'advice, aided by\jbh« skill and .experience of the inventors, and will be 'found to combine" in ' ah eminent 'de- . rt gree the purity, fine aioina,' and nutritious' 1 ' property of the fresh nut. Taylor Brothers' Soluble Chocolate, and Cocoa and Milk, are made in one - minute without boiling. Taylor Brothers' Chocolate Creams, Chocolate Cream Tablets, Chocolate Drops and Maravilla Chocolate ,are - highly delicious and "wholesome. — Packed in a superior and elegant manner. ■ Taylor Brothers' Mustard. — The " Challenge " braud (double Buperfine quality) is celebrated for its pungency, and purity of flavour. Steam Mills, Brick Lane, London. Export Chicory Mills, Broges, Belgium. 24ju