The Maritime History of the Great Lakes
Daily News (Kingston, ON), Feb. 10, 1877


Description
Full Text

p.3 The Richelieu & Ontario Navigation Co. held their annual meeting in Montreal last week. Their report showed a profit of $101,639 of which a dividend of four per cent absorbed $62,600, the balance, excepting $16,809 added to reserve fund, was applied to building wharves, stores, etc. The stock, which was held at about $89 at the beginning of the year, has fallen since the issuing of this statement and is selling at about $76. The year was undoubtedly a severe one on floating stock, and the competition, in which the Company indulged, still further affected its revenue. [Monetary Times]


Media Type:
Text
Newspaper
Item Type:
Clippings
Date of Original:
Feb. 10, 1877
Local identifier:
KN.26134
Language of Item:
English
Donor:
Rick Neilson
Copyright Statement:
Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
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Maritime History of the Great Lakes
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Daily News (Kingston, ON), Feb. 10, 1877