Tahiti’S Treasure

Seekers

It is reported that the members of the syndicate, which returned some three months ago to Tahiti from an island in the French Archipelago with a sensational report that they had discovered treasure, are now at work trying to raise the capital necessary to carry out the expensive job of recovering the treasure. The latter is reported to be under several feet of water and sand. The leader of the expedition, Mr. Edwards, a journalist, is at present in New Zealand: Mr. Snowball, the expe dition’s diver is in San Francisco; and Mr. Harold Samson, one of the principal members of the expedition, is in Sydney.

For the half year ended March 31 last, directors of Morris, Hedstrom, Ltd. —an island plantation and trading company with headquarters in Fiji—have declared a dividend at the rate of 2 per cent., pay able on June 30, which will make, with the interim dividend, 4 per cent, for the twelve months to the date mentioned. In 1932 and 1933, the ordinary dividend was on the same scale.