Business Gossip

Sun (Auckland), Volume 1, Issue 38, 7 May 1927, Page 4

Business Gossip

Northern Steam Annou— May 17 has been m l ',i 1C nn :V‘' mee , tin i of the Northern Me. ims hi D cSSB Ltd. Transfer books of the closed to-dav until May 1" co »* Rising Sun Prospects Shored of the Rising Sun Gold Ltd., are shortly to decide ivhethV company is to go into liquid,,)!,' carry on with increased capita " general meeting is to be O.IIW May 26. According to the dW; the mine has just reached that v where, with all development 5 completed, profits are in sights no ready money available to ctrr," They consider it the height of a to abandon their interest in tht at the present juncture and h»w7 4 prepared a conn rehenalve rfror place before shareholders. ! Cunard Line Activities.— Operju* of the Cunard 'Steam Ship Cot ( 1926. registering an improvement *i» t o compared with the last four wallow the payment of a dividend ' per cent., and the allocathw -fe £IOO,OOO to reserves. The dividend s,® 1923, 1924, and 1925 was 5 per ailf while nothing was placed to the vlpt serve account. One factor contribt ing to the improved business i, it», | in the report to be increased tkifr! class tourist traffic, which the pany is developing. ' 1