The statement ts the 30th of June is out, Showing a net profit of $328,200.51. There was a balance in hand of $498,289.10, and after tab inthe modest sum of ten thousand dollars to remunerate the directors, and a beggarly $750 for the auditors, there is still $815,739.61 to divide among the shareholders. It isn't all to be divided, otherwise the sharex_would be as dear to buy as radium. Thred hundred thousands goes la dividend (12 per canty $14,407.34 is written off the Kowloon Dock (another dock approaching completion makes this advisable, no doubt), and the Directors want to put the rest ($501,332.27) by for a rainy dey. The report mentions with pardonable pride the little job of changing the big guns of the Glory and Albion last April.
Text read from the printed page and cleaned; old type leaves the occasional error.