LATE SHIPPING

Evening Post, Volume XCVII, Issue 131, 5 June 1919, Page 8

LATE SHIPPING

DEPARTURES. June s—Kapiti, s.s. (13.20 p.m.), 242 tons; Sawyers, for Wanganui June G—Bleuheini, s.s. (1.55 p.m.), 120 tons, Wilkinson, for Wanganui TORT PIRIE AT MELBOURNE. The Commonwealth and Dominion line advises to-day that the l'ort Pirio arrived at Melbourne on the 3rd June from London, via Capetown. She is to proceed to Sydney,. Auckland, and Napier, and will finally come to Wellington. Her approximate date of arrival at Auckland is not ascertainable owing to the labour troubles at Melbourne. WAIKATO SHIPPING COMPANY. Shareholders' of the Waikato Shipping Company held their second annual meeting recently at Hamilton. It was pointed out in the report that, although the balance-sheet did not show any immediate profit, the company's possibilities were enormous, and it was a sound financial proposition. In a subsidiary report it was stated that they were not running with sufficient capital. During the year's trading the cost of material had increased enormously. ■ Distillate alone, which before the war conid be bought at 13s Od a ease, had averaged 30s this year. But, although the costs had been doubled, the freights had not increased more than .20 per cent. It was also pointed out that in taking over tlie company had incurred contracts for the shipping of milk, cream, coal, and other commodities, which were at present being run at a loss, and these could not be altered until the existing contracts run out. The balance-sheet showed no depreciation on plant, as over £000 had been spent in repairs and upkeep, and their plant was in a better condition than at the end of the pre vious year. A large amount of trade had been lost through lack of capital, as more sheds and landing wharves were required. KAMONA FOR AUCKLAND. . Within. the next few days the Kamona will be loading general cargo at Wellington for Auckland. BY TELEGRAPH. LYTTELTON, st!i June ' Arrived—Maori (8 a.m.), from Wellington To sail—Maori (7.30 p.m.), for Wellington

NELSON, Sth June Sailed—Pateena (10.25 a.m.), lor Pieton and Wellington