COLONIAL SUGAR COMPANY.
Press Association Copyright Sydney, October 31. At tl.o half yearly meeting of tlie Coionial Sugar 'Company it was stated that not profits wore £118,053, which with £!)182i) brought forward made £'-100,852 available for distribution. A ten per cent dividend would be declared and £9!>,883 carried forward. It was said that the abolition of the duty in Now Zealand excepting that it might possibly create a larger demand would not alter the position as sugar refining had never been protected in New Zealand. The present crop was heavy but the drought both in Australia and Fiji was likely to have a bad olfcct on next year’s output.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8963, 31 October 1907, Page 2
Word Count
109COLONIAL SUGAR COMPANY. Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8963, 31 October 1907, Page 2
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