COLONIAL SUGAR COMPANY.
HALF YEARLY MEETING. Sydney, May 1, At the half-yearly meting of tbe Colonial Sugar Company, a dividend of 10 per cent, was carried, and the sum of ±BB,OOO carried forward. The profit amounted to £90,600. The Chairman said the cheap rates" at which Queensland and Fiji sugars were produced enabled the Company to successfully compete at the abnormally low rates ruling far imported sugars. It was expected that this year more sugar would be produced than could be consumed in tbe colonies, necessitating' tbe prices being kept very low. The Company, however, had made such arrangements that there was reason to believe competition could not cause any loss to its trade.
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Bibliographic details
Patea Mail, Volume VIII, Issue 54, 3 May 1895, Page 3
Word Count
114COLONIAL SUGAR COMPANY. Patea Mail, Volume VIII, Issue 54, 3 May 1895, Page 3
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