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AUSTRALIAN.

FACTORY RETURNS. (Received 10, T.'JO a .1,-1; 1 Sydney, .! no .'Si. The manufactories in N r c.v South Yales at fcho end of 1910 totalled ■OS, an increase of 117- during the ear; tlie prisons employed were 00,000, an increase of 3000; dm saltries paid amounted to £B,6c6,UiJO, or H,O2U,(M) aoovo the previous year. , ,)c value of plant and machinery Wf.s ill 1,512,000, an increase of £1.211. Land and buildings were valued at 27,252,000, an increase of £O-7,000. FIRST CRUISER. Melbourne, .111110 15. The cruiser Australia will bo ready or delivery by September 30, 1912. ,ATE MARQUIS OF LINLITHGOW Melbourne, Juno 15. Tiro Governor unveiled at St. Kilda load a bronze equestrian statue of the late Marquis of Linlithgow, first Governor-General. The present Mayinis and Marchioness participated in Pie ceremony. A ROUGH TRIP. Hobart. Juno 15. The Uliraaroa has arrived after a -nigh trip. She sighted a quantity >f wreckage, including what seemed to ho the top of a deckhouse. She, virelcssl.y spoke the Hotel Australia in Sydney, a distance of 1100 miles. KAURI TIMBER COMPANY. Sydney* June 15. At the half-yearly meeting of the Kauri Timber Company the chairman declared a dividend for the half year at the rate of 8 per cent, per annum. * Ho referred to the statement made at a previous meeting that there would boa, falling-off in profits. This happened last year, which, lie attributed to their having cut up a largo quantity of inferior logs. He thought that, in future,, though there would still he some of the same logs to clear up; their output would lie a diminishing one. The figures for the six mouths showed their anticipations were being realised. In anticipation-of the exhaustion of the kauri bush in tho not very distant future, it had been the policy of the company for some rears past to strengthen their interests' in other New Zealand timbers, with a view to protracting tho life of the company. The recent rains in Now Zealand had brought down a supply of logs, enabling them to skirt some idle, mills and keep them ■going for a few months, Business for tho past six months, had been voy active, and sufficient orders were in hand to load them to expect a turnover for the year considerably in excess of last year. The report was adopted.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19110616.2.16.9

Bibliographic details

Stratford Evening Post, Volume XXIX, Issue 99, 16 June 1911, Page 5

Word Count
388

AUSTRALIAN. Stratford Evening Post, Volume XXIX, Issue 99, 16 June 1911, Page 5

AUSTRALIAN. Stratford Evening Post, Volume XXIX, Issue 99, 16 June 1911, Page 5

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