THE S.S. ROSINA.
We are quite sure the commercial men uf Gisborne, and the settlers on tne East (Joust, will learn with extreme satisfaction that Mr R. G. Gibbous has - become the pin chaser uf the steamer Rosin a, for the purpose of keeping her 111 the trade. Had Mr Gibbons been unsuccessful m his negotiations, the Rosiua would have oeen bought up for another trade, and a great mischief would have been done to the port. We must therefore congratulate' Mr Gibbons upon the success ot his spirited enterprise. It. is not unlikely that the purchaser will give the Coast settlers au opportunity of participating m the benehts ot a locally owned steamer by the formation of a small company, which, m course of time, may find ii both profitable and convenient to extend its operations. The Rosiua, as shown by the accountant's books, has earned during the last twelve months £2250, as against working expenses of £L,701>, showing a clear net prone of £550, and this during a most unfavorable time. Whatever may come of the enterprise we are pleased to learn that this favorite little steamer is not to leave the trade of the port.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH18790920.2.7
Bibliographic details
Poverty Bay Herald, Volume VI, Issue 899, 20 September 1879, Page 2
Word Count
198THE S.S. ROSINA. Poverty Bay Herald, Volume VI, Issue 899, 20 September 1879, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in