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Sunday 22 March 2020

The St. John's Mechanic's Whale Fishing Company at New Brunswick, USA according to Fisher’s Colonial magazine of 1843

In the magazine Fisher’s Colonial magazine and commercial-maritime journal, vol. 3, May-August 1843 was on page 78 attention paid to the whaling at New Brunswick. This magazine is digital available via Googlebooks. “The New Brunswickers find the whale-fishing a most lucrative employment. In May, 1841, the St. John's Mechanic's Whale Fishing Company declared a dividend of 20 per cent., and this year the Company declared the handsome dividend of 20s. a share - equal to about 14 per cent - on £7 4s. paid-up capital. These dividends prove the

p.79: Company to be in a prosperous condition, and must be highly encouraging to the stock-holders. This Company is formed jointly of American and British capitalists ; they have six ships.”