The report of the directors of this Compwy for the half-year ended 30th June ins been issued. It shows a profit of nearly a million dollars, out of which it is proposed to pay a dividend and bonus to shareholders amounting to $9 per share, a bonus to contributors of $20,000, tu write off a considerable sum and to carry forward about four and a-half lakhs. This is a magnificent result, more especially as a sam of some $37,000 had already been taken from earnings to square up the naw capital. It is announced that Mr. D. Gillivs, the manager, who has for about a quarter "of a century guided affairs, is retiring, and a new manager, engaged in England, will succeed him.
Text read from the printed page and cleaned; old type leaves the occasional error.