ce., ID.
We have received from Messrs. Tats Sons and Ca. the Report for 1909-10 lot the Directors of the Tata Iron and Steel Ca,, Ld. The Company's Revenue from Toterest aod Transfer Fees, etc, doring the year Joly 1, 1909. to Jane 1910, amounted ta Rs. 1,01,064-10-10, against which " portion of the office and other expenses have been charged, learing " balance of Rs. 73,889-1-3 as not This, together with the balance 0 brought forward scconnt, makes op a total of Rs. 2,21,131-12-1, Out of this the sum of Re. 90,718-5-0 was paid on accvant of dividends on Prefer-fence Sharex for the year January 1 to December 31, 1909, leaving a balance of Rs. 1,30,413-7-1 ander Revenue A Tt is intended to pay out of dividend at 6% per annum 1, 1910, to December 31, 1910.
Accompanying the Report are some excellent half-tone pictures showing the progress of the construction of the Company's Iron and Steel Works at Sakchi, Bengal. Approximately 7,500 tons of iron and steel work have boce erected, exclusive of boilers and machinery, and the work for the blast furnaces and the i well been satisfactory and excellent progress has been made in laying the same; ten of the nineteen tric travel and " large quantity of machinery have been received snd are being erected. The Report states that the total erst of tha Works, iocladivg coal mince, ore mines, quai will come well cmithin the est capital expendi-
Text read from the printed page and cleaned; old type leaves the occasional error.