The report of the Hongkong Rope Manufacturing Company, Ld. has appeared. It shows again excellent results in spite of the hostilities in the Philippines interfering supply of emp, the net profite to no less than 393,592.96. Out, of this it is proposed to pay a dividend of 20 per cent (absorbing $50,000), to place $38,730 to Reserve Fund, and to carry forward the balance of $4,862.96 to new account.
Tu rather striking contrast to these results the report of the Punjom Mining Ca. Ld. just issued, shows debit balance of $19,840.98. " It is announced that Mr. L. L. Bally has been appointed manager, and the Board are still hoping for a more flourishing state of affairs under his administration, So ure other people, but "hopes" are not very sure ground to go upon, especially when accompanied by x call of dollar per shure.
may be hoped that, at the annual meeting next Wednesday the Directors may be able to the shareholders some more data to go upon than mere 2 "The shareholders have lived upon these for the past decade, and they have proved far from nourishing as a diet. The history of. this riy, la strong contrast to-tha: of its rival the Raub Ca, has 80 far been one of " blighted hopes."
Text read from the printed page and cleaned; old type leaves the occasional error.