INTER-IMPERIAL TRADE.

Press, Volume LX, Issue 18233, 18 November 1924, Page 10

INTER-IMPERIAL TRADE.

(FSOM OT7B OWN CORSISPOJTDMT.) LONDON, October 9. Sir Thomas Mackenzie, as a Freeman of Bristol, was present at the twentysecond annual dinner of Bristolians in London, and replied to the toast of "the Visitors," proposed by Viscount Haldane. The Lord Mayor of Bristol (.Alderman A. A. Semngton), acknowledging the toast of "The City of Bristol," said Bristol was the cradle of the Empire, and had had more to 4o with the spreading of the Empire than any other city. The spirit of adventure was stiil alive in Bristol, as was proved by tho fact that during the past few years they had spent between £7,000.000 and £8,030,000 on the Avon docks. Viscount Haldane. giving the health the visitors, said he was bound to Bristol by the sacred tie of Chancellorship —not. the Lord Chancellorship ; Heaven forbid that in these days he should refer to an office which seemed slightly dubious. After all, a university was not dissociated from the spirit of the Empire-. Many misunderstandings arose about the Empire. It was thought to 1k» an excresence, ilnrc it wcfi not; it was the natural development of this nation. We were passing into a condition of things in which it was tliD ordinary outgrowth of our civilisation that we should belong to an Empire across the ocean of .which at present we are the capital and centre, but which, more and more, was coming to live on its own account, and to ta.fio part in the pulse of the Empire as our complete equals. "Speaking for myself V' continued Lord Haldane, "perhaps with the prejudice of the titular headship of a great civic university, I affirm my be'iaf that the strength of tbir, nation "is, in the future, going to be found more and more in its centres nf higher-education. ' .''ope that the policy of the country will come to be based n?oro and more on the research and the knowledge which come from the universities, and make our sure foundation." Sir Thomas Mackenzie-, while acknowledging the strong ties due to sentiment and tradition, felt that- still more should be developed. We were extremely and spontaneously The conditions of modern life' and the intensity of competition justified us "in expect: nr/- that where tW,e forces were nd trade on mutually advantageous grounds should be fostered and encouraged by every means that- were jurctined hr honour. Those who wrffe visiting the Old Land recognised where much more could be done than was at present being done in order that the vci;-y best should be obtained.

BUILDING PROGRESS. PERMITS ISSUED. , « The following' building permits were issued by the City Surveyor in October:—

MUNICIPAL ABATTOIRS.

COAL FOR PORTUGAL. OFFER FROM STINNES INTERESTS. (BY CABLE—FBESS ASSOCIATION—COPYRIGHT) (AUSTRALIAN AND N.Z. CABLE ASSOCIATION.) PARIS, November 16. The Cologne '"Mining Journal" states that the Stinnes mining group is offering the Portuguese Government large quantities of coal at a price much below British quotations. Ordinarily Portugal imports £1,500,003 worth of coal from Britain annually,. ' TO BE WOUND UP. ASSOCIATED OIL COMPANY, LTD. The future of a commercial venture which, at its initiation, was expected to ba an asset to 'the Dominion as an oil producing company, was the subject of legal argument in the Supreme Court at Auckland on Friday, before Mr Justice Stringer. The British Petroleum Development Company, Ifld. acting through its liquidator, petitioned for the compulsory winding up of ths Associated Oil Corporation, Ltd. Mr Ziman appeared in support of the petition, and Mr A. Hanna represented Messrs A. W. Donald and W. M. Commons, two of the directors of the ciated Oil Corporation.

The associated company was the parent company, the Brkish Petroleum Company being subsequently formed with the same directorate, said Mr Ziman. The British Petroleum Company incurred considerable debts to workmen and others, and •then went into liquidation. The liquidators and the directors, of the associated company entered into an agreement ratified by meetings" called by an order of the Court, whereby the associated company was to settle Cn certain terms all the debts of the British Petroleum Company, including wages. Instead of settling the debts under the agreement, the directors of the associated company arranged to purchase the property of_ the associated company from the mortgagee, and then applied to the registrar to s'.rike it off the register. The object of the present petition was to have the 'transactions investigated and to prevent the associated company being struck off the register until it was seen whether anything could be recovered for the creditors of the British Petroleum Co. Mr Hanna pointed out that the directors of the associated company had incurred large liabilities, and had expended considerable sums in endeavouring to keep the company alive, a:nd were of opinion that the company would not realise anything over the amount of tho mortgage. He could not see any object in having the company wound up. After further legal argument his Honour, by consent, made an order for the associated company to be wound up by the Court, all questions of costs being reserved.

FROZEN MEAT MARKET. The New Zealand ■ Loan and Mercantile Agency Co., Ltd., received the following cablegram irom their London office, -under date 14th instant: — "Lamb—l2ld per lb (average). '"Mutton—Wether and maiden ewe, light, Bid per lb, heavy 7Jd lb; ewe, ligbi 7£d per lb, heavy 6|d per lb. Market strong."

Ward. 19:24-25. 1923-24. Value. No. Vnlup. Na CENTRAL — £. £. (Inner Area) .. .19,430 9 25,850 11 6,031 6 (Outer Area) .. 1,435. 8 ST.' ALBANS .. 30,352 51 17,287 14 14,380 14 13,268 10 12,478 5 3,191 32 SYDENHAM .. 3,995 17 24 22 5 LINWOOD .. 8,102 SPREYDON .. 3,301 WOOLSTON" .. 1,670 Totals .. 68,285 114 92,485 114 Since 4,pril 1st, the permits issued were :— Ward. 1924-25. 1923-24. Value. No. Value. No. CENTRAL— £. £. (Inner Area) ,. 136,680 56 102,938 55 (Outer Area) .. 26,686 58 65,787 69 ST. ALBANS .. 154,973 227 130,393 217 SYDENHAM .. 49,838 107 68,842 104 66,673 119 LINWOOD .. 56,616 122 SPREYDON .. 44,345 53 60,815 140 WOOLSTON .. 12,215 28 6,503 32 Totals .. 481,353 633 501j951 754

The abattoir returns for October were: — Slaughtered. Condemned. Cattle 1923 1924 1924 1923 15M 1547 31 ' 17 Sheep 8790 9617 26 18 Lambs 890 514 Pigs ■ .. 1379 1286 15 19 Calves 1033 1743 62 18