MANAWATU RAILWAY COMPANY
ANNUAL UEPOKT.
Per Press Association.
Wellington, Last Night.
The annual report of the Wellington and Manawatu Railway Co. states that the gross earnings for the line for the ] year ended February 2!>th last amounted to £100,050, being £15,013 greater than for the previous year. Land was sold during the year t'n the amount of tIS,720. The balance sheer shows asscis as follows:—Railway ami rolling stock. £828,376; freehold hinds, CBIMS; balances due by bind purchasers, £t4,l!>o; debentures purchased and accrued interest, £94,043; sundry debtors, tiiOBS; railway stores, £10,727; cash balances, £31,233; total, £1,086,520. The capital of the company is nominally £1,000,000. Of this £850,000 is subscribed in 170,000 shares of £5 each. These shares are paid up to the extent of £l', and there are debentures amounting to £IIBO,OOO. Of the total number of shares 80,525 arc on the London register, and 88,475 on the Wellington register. As telegraphed the other day, the directors recommend a dividend of 4 per cent, for the past half-year, making 7 per cent, for the year.
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https://paperspast.natlib.govt.nz/newspapers/TDN19080318.2.9
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Taranaki Daily News, Volume LI, Issue 75, 18 March 1908, Page 2
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174MANAWATU RAILWAY COMPANY Taranaki Daily News, Volume LI, Issue 75, 18 March 1908, Page 2
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