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IRISH TRA DE.

The result of the Hooley bankruptcy (says the Railway News) made itself seriously felt in Ireland, where a ikrge amount of investments had taken place in the Dunlop and other associated companies. The trade of the country has, however, been satisfactory, good prices have prevailed, and all the usual indications of stead/progress and improvement are shown at the close of the year. The Bank of Ireland stock v at 398 per £100, and the dividends of the joint stock banks are as a rule, on a higher level than last year— the Ulster Bank paid 20 per cent. The receipts of the railway companies exceed by about £30,000 the total for the second half of last year The great— we had almost said the staple— industry of the country continues to increase. The last return, made up to 49 weeks showed an increase of 355,000 hogsheads of stout, of which not less fi Ay! ? 6 ; M;^"*™* the Guinness Company. It ia gratifying to find that of his large potentiality of wealth acquired from this industry, the head of the firm contributes some half a million to philanthropic purposes to be devoted to the medical and sanitary condition of the people. Cattle and live stock have produced good prices and the trade has largely increased. The facilities which have been afforded for the construction of light railways have borne good results, and among other matters the railway of (58 miles in the Lounty of Donegal, upon which some £865,000 has been expended is now approaching completion, and promises to be of great value in developing the district through which the line will pass

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18990323.2.13

Bibliographic details

New Zealand Tablet, Volume XXVII, Issue 12, 23 March 1899, Page 6

Word Count
275

IRISH TRADE. New Zealand Tablet, Volume XXVII, Issue 12, 23 March 1899, Page 6

IRISH TRADE. New Zealand Tablet, Volume XXVII, Issue 12, 23 March 1899, Page 6

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