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THE DISSOLUTION OF PARLIAMENT.

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BARRY DOCK AND RAILWAYS.

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BARRY DOCK POLICE COURT.

THE DOCK ENTRANCE AT BARRY.

A VIGOROUS MEMORY.

. (Original ftottvg.

HEALTH COMMITTEE MEETING iAT…

THE MARKET VALUE OF BARRY…

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THE MARKET VALUE OF BARRY STOCK. Barry Stock still attracts a large amount of attention, and as its price is still advancing, and the shipments are eminently satisfactory, there are not wanting those who foretell that ere the expiration of another week the Ordinary Stock will have again reached 200. It is pointed out that since the half-year in which the shipments fell away to an appreciable extent the value of the property as a dividend-producer has largely in- creased, the large works taken in hand for the im- provement and extension of the undertaking hav- ing been vigorously pushed forward. The new low-water entrance and the new graving- dock, when completed, must give Barry an almost un- rivalled position for rapid despatch and prompt handling of vessels as well as of cargoes. We are informed that the shipments of the current half- year will show something less than a falling off of 50,000 tons as compared with those for the corres- ponding period of last year. Good as the ship- ments were last week-a little over 96,000 tons- they are likely to be considerably higher nexb year, as there will no doubt be a rush to getshipS clear before the Whitsuntide holidays, while the, number of vossels waiting to load or actually uu^ der the tips is exceedingly large. All these things being taken into account it is not to be wondered at that Barry Stock is so much sought after at the present moment. The new Stock was done early in the day on Monday at 193, and the old Ordinary at 194, but it quietly improved on that figure, and later there were no sellers at 195s. Considering the position and prospects of Barry, it has all along been below its market value. A 10 per cent. dividend is assured, not only for the present year, but, so far as can be foieseen, in the future. That being so, the Stock is cheap at 205 inclusive of the dividend, when the yield would be a clear 5 per cent. There is no other railway stock of any character of the standing that yields a similar return. That the 10 per cent. dividend will be maintained is pretty generally regarded as assured, for if it were at any time endangered, the probability is that the directors would put up the rates, in which course the directors of the Taff Vale and Rhymney would be only too glad to fol- low. But so long as 10 per cent. can be main- tained with the existing rates they have felt that they would not be justified in raising them.

PENARTH POLICE COURT.