C. Bucnasas, enol is somewhat menacing to ite prosperity. but the effect of such advance in prices will undoubtedly lead to inc rented production of the native staple, and culvices from the States point for planting being on giguutic seule, which it is presumed will Tewd to a record crop. In view therefore, of plentiful supplies we shall doubtless see lower prices ruling for the new Cotton, and with the better knowledge we now possess, enabling us to practise economies in order to keep down the cost of manufacture, we Jock forward with confirlence to the suevessfal development ct our enterprise, expeciy as markets for local spinnings are now itly established, Chere being no questions, The Chairman proposed, Mr. Eh. Webrang seconded, and it was carried unanimonsly—
That the Report and Accounts for the period ending ihe wist December, 1899, ax printed and "proemed, be approved wud passed.
Drummond Hey secon cass Mr. J. Chambers proposed, and Mr.
That Mr, J. R. Twentyman be elected a
Text read from the printed page and cleaned; old type leaves the occasional error.