COMMERCIAL.

Gisborne Times, Volume XXV, Issue 2100, 7 June 1907, Page 2

COMMERCIAL.

COLONIAL SUGAR COMPANY.

United Press Association— I Copyright SYDNEY 7 , June 6. The Colonial Sugar Refining Company has decided to iucrease the capital, and is-issuing 15,000 new shares of £2O each, bringing the paid-up capital to 2} millions, ft proposes to pay £5 per share by the transfer of £75,000 from profit a.nd loss to capital, the shareholders paying the balance of £ls per share. The Sugar Company’s shares will be issued in the proportion, of three new to 22 old shares., The share"holders —conxnbtltion wUHBe - Tipriad over a period from October Ist next I to October 1908.

Received June 7, 0.2 a.m. MELBOURNE, June 6. I There is good competition for I hides. Prices are firm and unI changed. THE MUTTON MARKET. Press Association. I NAPIER, yesterday. 1 The Colonial Consignment and DisI tributing Company, London, cable I the following quotations for frozen I meat: —Canterbury mutton 4Jd, NaI pier, Wellington and North Island 3fd; lamb, first s|d, second sid; beef Id, fores .31 d. GOLD-MINE LEASED. AUCKLAND, last night. At an extraordinary general meeting of the shareholders of the Hauraki Freeholds Limited, held at the Company’s office, the resolution passed on May 20tli last was confirmed, that the directors enter into anagreement with Mr. William Dawson of Auckland to let the mine and property of the company to him on tribute for three years at a royalty of 10 pier cent, in net proceeds derived during the time of tribute, and furthermore to grant the tributer the opition within twelve months of pmrehasing the mine and piroperty for £20,000. MEAT COMPANY DIVIDEND. WELLINGTON, last night. The Gear Meat Company to-day declared a dividend for the six months ending May 31st, at the rate of S pier cent, pier annum.