a capital of £36,000 would be required, and this exclusive sf freight of machinery , en gineers, and workmen from home, or the salaries of officers' and other annual expenses on the spot.
To supply, ac cording to the above data, an annual quantity equal to 62,400 tons, (probable consumption for Port Phillip alone.)  a capital of £36,000 would be required, and this exclusive sf freight of machinery , en gineers, and workmen from home, or the salaries of officers' and other annual expenses on the spot.  To estimate, therefore, the called up capital at £50,000, and the nominal at £100,000, would be the least with which the Committee could advise a commence ment of operations; and upon this amount, the sale of 62,000 tons at 10s.