"Wellington, "March 10th, 1904. ' Having been requested to supplement our lon the 7th December last with a stateni""* "' *' the Empire Hotel for the four r November last, wo have accordingly made a examination of the books of the Empire Hoi , have to report that the receipts of the business for t' four months from the Ist November to the 29th February last, inclusive, as shown therein, amount to £10,571 6s. lid. " This brings the total receipts for the year ending 31st December, 1903, to £28,671105. 6d. "BADHAM & BISS, It will be seen from the reports that the receipts show a marked increase year after year, rising from £14,040 for the year 1900, to 228,671 for the year 1903—an increase of over 100 per cant, or more than double. Compared with 1901, only two years ago, when the new buildings were completed, the receipts for 1903 show an actual increase of over 60 per cent. An etamination of the books shows that the receipts for January and February, 1904, amounted to £6,570 10s. lid., which is at the rate of £33,423 per annum. The present rate of profit on the Empire Hotel alone represents in itself over 8 per oent. on the entire capital of the consolidation without taking into account at all " The Mansions " and the " Bellevue Hotel and Gardens." With more accomodation available, which the addition of another story would give, coupled with the large economies which can undoubtedly be effected under the consolidation, the net profits should be increased by fully SO per oent. RECEIPTS OF "THE'.MANSIONS." The receipts of " The Mansions " amounted for the past eight months, to £2,131195. od., and the expenditure t0£1,621 llis. 9d., leaving a surplus of £513 2s. 3d. It must be borne in mind that the house is a new one, opened on the Ist August, 1903, and that these figures represent the returns for the period in which the house was started, and before it can be said to have been in full working order. The Mowing ia a copy of Messrs. Badham & Biss's report:— "Wellington, "April Bth, 1904. " We hereby certify that, having examined the books in connection with the establishment known as " The Mansions," Ohuznee Street, Wellington, we find the receipts for the past eight months, from August Ist, 1903, to March 31st, 1904, amounted to £2,131 19s. od., and the expenditure to £1,621 10s. 9d., leaving a, surplus of £513 2s. 3d. j but in the above figures no amount has been included for interest on capital invested in the business. "EADHAM & BISS, " Professional Accountants." RECEIPTS OF THE "BELLEVUE" HOTEL & GARDENS. The receipts of the " Bellevue " Hotel and Gardens, from Ist unary, 1902, to 20th February, 1904, amounted to £10,221 Os 4d, bile the expenditure was £8545 7s 7d, leaving a surplus of £1675 12s 9d. During this period 52,108 visitors paid £ , °"" "- "' • — 3 mission to the grounds, and £416 9s Od was re-...™ ™ „„,„..„. In the expenditure is included the sum of £1609 10s lOd, improving the property. The Values of the Properties. As to the values of the three proper are well known in Wellington for their absolutely unbiased judgment, skill, and experience in this dais of business for a long period of years, and generally their " bedrook " valuations. The whole of these three properties have been carefully valued, would realise considerably higher prices. Moreover, from the faot that business in Wellington is eipanding enormously, and that the values of th — " " ' : ' : —'-' , which are already so high, must be materially enhan in the immediate future. Early application for shares is invited, and should be forwarded to the brokers, accompanied by a cheque for £1 on each °hare as application money. brokers of the Company, or the vendor. The vendor or the any of tho properties, and to give any further Information desired. ~
If asked to name the commonest ailment we would say—a cold. Wo would give that answer because a cold is the starting point of many fatal illnesses. A cold is the first ehapter ill the history of every caso of consumption. A cold is the first stage of chronic catarrh. A cold is the parent of bronchitis, pleurisy, pneumonia, ' quinsy, asthma, croup, ' whooping cough, sore ' throats. < You can't be too careful about this common ailment—a cold. You can't be too careful because you never know how or ' where a neglected cold * will end. The best thing < to do is to take < at the first signs of a cold, and keep taking Lane's Emulsion until the cold has completely gone. That is the best and wisest method, and is the means to keep your lungs and throat strong and healthy. Lane's Emulsion, At Chemists and Stores 2/6 and 4/6. Take none but Lane's.
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Taranaki Daily News, Volume XLVI, Issue 162, 13 July 1904, Page 4
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785Page 4 Advertisements Column 3 Taranaki Daily News, Volume XLVI, Issue 162, 13 July 1904, Page 4
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