ANGLO-COLONIAL NOTES

Press, Volume LX, Issue 11478, 10 January 1903, Page 4

ANGLO-COLONIAL NOTES

(from ovr own- 'ORR>:spoNr}_st» ';■■ LONDON. Dcce-a*. 1 fl I hear that representatives of N*» s» 8 ■land producers are hard put to find «- B tonn-rs for frozen harts. One g uc j, X sentative told mo that he had _V) __? K, _l on bis hands, and did not know what Jr 8 with them. He could not sell them. ■__* men would hardly have them at *«* Quantities of Austrian and German have come upon the market fresh ail j selling at higher prices. Then also (w • is a good supply of hares from Pw, frozen. Up to December of last yea* jj» Zealand and Australia sent 6000 crates of frozen hares, which brocjta somewhere about 2s to 2s 3d each »__!. sale. A good many of these, however *»», held ov;»r in store, for there was no ft. ■ miund after January, and thvse are goh»fa_ something very much h.<s now. In___. some of the holders in tit? north of S land reckon that they will lose somatjjj?!' like one •.hilling jut liar?. ThL. hares are selling for about Is 6_ to big* per hare. whole.«aU\ and ate very diific_tto get rid of ut that. AevordiuJ to stir*, n.eii. tho day of high prices for frozen _uu ' lias passed. Considerably quantities w. arrived. Mid are expected .•shortly from tat. New Zealand and Australia. On Jantuiry 15th tha Shaw. SaviU «_» Albion Company's new steamer, th. ijl lonic, will sail from London on her Sat vuyaje to tlw colony. She will be coft. manded by Captain J. B. Ranson, R.KJR, ■ late of the White Star steamer Suevic, is perhaps better known in Australia jw in Xew Zealand. The lonic is a replica xt the, Corinthic, whose all out-ide cabins rangement* at once made that vessel«-,, . lar with her passengers. Tho PlyawS newspapers contain columns of eulogy <W tie Corinthic. Sir Arthur Douglas, Under-Secretarr ||' the New Zealand Defence Ommittee, gtn evidence as to the raising, equipment, tag' numerical strength and the transput to South -_xie_ of the several contingent! fri* New Zealand, at last. Wednesday, m*. ing of the War Commission. He also g_a information with regard to the training. g( officers in the local volunteer forces in Net Zealand, and as to the cost of the foren,' and expenditure by the New Zealand ty, vernment in connection with the w_ Within the last few days the cash pn. ments in connection with the purchas* <f the White Star Line by Messrs J. P. lfa. - g_t» and Co. were made. The amount |*> enured for the purpose was about £6,OGO,OQj}. The dispersal of this sum has arouaidi good deal of interest, and has been the ort gin of many rumours on the internatjMH.' money market. As a matter of faot, tt» money has been ready in London for MM days, having been secured by ordirmy t& change transactions, no gold' being liuppM for the purpose. The number of «__* holders in the Oceanic Steam Navigatta). Company (tbe company owning the-Wltitl Star fleet of steamers') is put at 380. _ portion of these are stated to have accepts Messrs -uorgan and Co.'s recent offer, _tf have taken bonds in tlie new concern, _. stead of cash. For the most part the lW grouped themselves into twenties and tMr» ties, and appointed agents to receive tit. money on their behalf. Everything bid been arranged. The matter really resobtt) itself into the sums being transferred .«* the bank account of Messrs J. P, Morgue and Co. into the bank account* of the ttaiuholders by the (simple meant, of cheeses. No actual coin changed hands. By the Penimular and Oriental Stem Navigation Company's report, issued _*_' week, it i# shown that the Company l_s -4 " t a very prosperous year, the net profit, aft* - providing for debenture interest, amountuf to £209,800, or £36,200 more than for Ut corresponding period. The receipts fits* passenger traffic during the first six mOftUf, of the year fell off £20,000 below thwe fit, the previous half year, but this louwU subsequently reduced to £6000. 0» _*'* other hand, the revenue from freights and charters shows an improvement on the j*acof over £64,000, and a gain of £_&-. made in receipts from Government contflrt services. The biggest item is the redw_WL= in the coal bill owing to the lower of the fuel. The saving under this Vift} amounts to over £91,000, but this owing to the increase in port dues and atMcc' charges and higher pay for the comii_id«»| and crews, is reduced to about It will be seen that, notwithstanding _f|; considerable falling off in the coal biQ„tjg& amount expended last year is still flK*. £4000 more than it was in 1901. It'c*i#i not be said that the report ia partiajlMjl|£ optimistic as to the outlook, but it srlpjf be remembered that at this time l«*t f*£s the view taken was distinctly The following k the report of the -j_«fe: tore of the New Zealand Loan and JMolfcantile Agency Company, which is ttf ■**? presented to the shareholders at the e***«sf£ annual general meeting, to be held fcfi Thursday next, the 11th of December*—|U|. "The directors beg to submit to the •****,! holders their eighth annual report, bJ-la_iits.--sheet, and profit and loss account for year ended 30th June, 1902, which »«***J!! thut after payment of interest on the Pri**K Lien and Second Debenture Stocks, l_***f remained *to the credit of profit sad ta*j& account the sum of £535 lQa Id, irbfch if£. terms of the third debenture stock twite deed is carried to the credit of the inteiMg account of that stock, thereby •»< the balance at the credit of that acCM-l; to £1258 9s 2d. Mr W. W. Oswald *g| signed his seat at the Board in March Mi|§ and much to the i-egret of the directors _•_■' death took place shortly afterward. Vk% vacancy thuc areated has been filled by tjjjk appointment of Zvfr Warrington Laing. Vesey G. M. Holt and Mr WuimlW?. Laing retire from office in accordance *•%£ the Articles of Association. Mr L&sf offers himself for re-election by the ■■■"Jit holders. The re-appointment of Mr H«#jif as the director representing the second *•»£ third debenture stockholders upon t&fo; Board rests -with th? trustees for th*%{ stocks. The retirr: auditors, Messrs %1 F. Kemp, Sons ~:.: Co., and Mr JM Worley, offer themselves for ic-el«rti<«i^