THE COLONIAL SUGAR COMPANY.
[PER PRESS ASSOCIATION —COPYRIGHT.]
Sydney, Oct 30,
The Colonial Sugar Coy’s profits for the half year are £93,927, and a dividend of ten per cent is declared, The report was adopted. It stated that the crops in New South Wales and Queensland have suffered much from frost, and the Fiji crop from drought. It is improbable that ihe yield for the present season will reach the estimate.
The Chairman stated that the stoppage of Kanakas coming to Queensland must necessarily cause a collapse of the sugar industry within the tropics. For the consequences of this proposed act of injustice the company is fully prepared, but it is (eared that the same is not sayab'e about many farmers. The expected chang- sof duties will not materially alter the position. The depression in the sugar market is serious and they must prepare for a lower range of prices than previously allowed.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/GEST19011031.2.39
Bibliographic details
Ngā taipitopito pukapuka
Greymouth Evening Star, Volume XXXI, 31 October 1901, Page 4
Word count
Tapeke kupu
153THE COLONIAL SUGAR COMPANY. Greymouth Evening Star, Volume XXXI, 31 October 1901, Page 4
Using this item
Te whakamahi i tēnei tūemi
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