Colonial Sugar Company.
Received Oct. 31, 12.52 a.m. Sydney, October 30. ■At the half-yearly meeting of the Colonial Sugar Company the profits were stated at £100,310, and a dividend of ten per cent was declared. The Chairman fsaid that since the break up of the drought New South Wales and Queensland had improved more rapidly than was Jexpected, and a fair crop was promised. In Fiji the crop had suffered from want of rain, and to guard against a similar loss in future they would probably gradually provide for irrigation there. The report was adopted ; also a resolution providing for an increase of the capital of the company from £2,104,000 to three millions by the issue of 44,800 new £20 shares* i
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Bibliographic details
Colonist, Volume XLVI, Issue 10862, 31 October 1903, Page 4
Word Count
122Colonial Sugar Company. Colonist, Volume XLVI, Issue 10862, 31 October 1903, Page 4
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