Crosfield, Ld., for the year ended June 30, shows a net profit for the year of £149,000 as compared with £164,000 in the previous year. After provision being made for payment on preference shares? a 5 per cent. dividend on deferred shares is proposed. Last year the dividend on deferred shares was 74 per cent. The same amount is to ba carried forward as in the previous year, namely, £45,000.—Reuter.
Fast New N. Y. K. Ship London, Oct. 6.
The Nagasaki Maru, the first of two new turbine liners of 5,500 tons gross built on the Clyde for the Nippon Yusen Kaisha's passenger and mail service between Shanghai and Japan, has just successfully - completed her official trials. She sails from Southampton for the East on November 4 with a full complement of passengers. Her speed is 183 knots, enabling the completion of the voyage between Shanghai and Nagasaki in 37 hours, a reduction of 10 hours from the present time.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.