'The report of the General Managers for presentation to the shareholders at the annual meeting on the 27th inst. has been issued. It shows that the traffic receipts for the year were $73,737.05, and the amount "available for' distribution is $30,611.77. Out of this it is proposed to pay a dividend of $14 per share, absorbing $817,500, to place $10,000 to permanent Reserve Fund, and to carry forward the balance of $3,111.77 to new account. This is an excellent report and fully justifies the quotation at which the shares stand, namely $200. The traffic on the line, however, has almost reached the maximum that cane safely undertaken, and there is a call for increased facilities, which will be greatly strengthened if, as is probable, the Military Authorities greatly extend their barrack accommodation op Mount Aust
Text read from the printed page and cleaned; old type leaves the occasional error.