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THE WOOLLEN INDUSTRY.

Thb capital of the Wellington Woollen •Company has beenrfixed at £100,000. The Kaiapoi company, with a capital of £100,000, £89,C00 qi which had' been caliadoupl made a profit during the nine mpntjis'epdjng September last (£1825 Jbehig allowed for^depreciation) of \ 11s 7d, equal to 19 per cent, per annum. A dividend was paid »t the rate of 10 per cent; (absorbing £5000), and £4043 11s 7d was carried 10 the new account. The balance-sheet of the Mosgpl Compauy for the. year ending the ,6tii Octpber, 1881, isiiowed that the. profits were £9354 14s 3d, out of which a dividend of 10 per cent, (absorbing £4874 7s 6d) was paid to shareholders. <A ' 'sum of ■ £8000 was ! 'carried to the reserve fund, which was thus increased to £10,003, aud £1480 6s 9d was put to 4 the;p.iofiu and loss new account.! The authorised capital ot this company; was £8p,,0P.0 ? £56,000 of which had been PWd Vs>

LOCAL ANu GENERAL. [ ( Ifc ?s notified under the hand of the ■ Ol.erk of the Couuty. Council ■'■ that Mr John Johnston of Sanaon has been appointed pound-keeper m lieu of Mr Walter Jago, resigned. Tenders for sleepers for the SandonCarnarvon tramway close to-morrow at noon. Two' or three good railch cowa, are advertised for sale; some have jnstjcalved and the. others are about calvinj?. ■—■■ A committee meeting of the Manawatu Racing Club will be held at the Commer« cial Hotel next Thursday evening, at . 8. o'clock". The chief business, we under-, stand, is to consider the advisability of rooting m the grand stand. The Rendy Money Store is ag'un to the fore "with eomespecJal'-Bargainsj' for work inp men, by whom a perusal of the new .price-list will be/found ad vantHgepus; f> Investors wno applied for shares m tne proposed Kitehen-McLeod Soap . and Candle Factory are to have their deposits returned, the projected Company not being sufficiently supported. If is the common report at Marton (says' the Wanganui Herald) that Sir William, Fo* is^tryincr very hard -to bring the line to Westoe. For a long while past a strong-s melt of kerosene hns been noticed m some of tha water-races between Charleston aDd Fox's, on the West Coast. Siispecting the pre« , serce of a petroleum spring m the vicinity, an American gentleman of large experience has gpne ; there,. .wifchr* view, to. test", the nature of this exudation. A farmer sugi/eate to us. thatopqw- is the, time for sprinkling ground which is to be put down m wheat with a little poisoned grain as an antidote to the depredations of small birds,- , ; The New- Zealand. SbippingjGompany'a"' steptner lonic— being the third Vessel of the line — may be -expected to arrive m Wellington from London about eight days hence. She is announced to sail from, Lyttelton for London at. the end of the current month. j A correspondent of the Lyttelton Times j sends the following: — " The recent death j ait Rangiora of Sir Michael Le Fleming, Bart., will carry back the memory of many old colonials to the early days of Canterbury. Sir' Michael was the representative of the ancient family of La Flemings, who had been settled at Rydal Hall, West* moreland, for centuries. He arrived m ' Canterbury by one of the early ships, and took up a run under Mount Torlesee, naming it Easedale Nook. Sir Michael has led a retired life for years; but many will still remember the kindness and help ing hand extended to them by Sir Michael m the days of his prosperity." , ■An apple m perfect preservation, al- ; though ninety-six .years old, is m possession of a gentleman m Ulster county, N.TT. As it rounded up from the blossom of the , parent stem m the early summer of 1787, ' a bottle was drawn over it and- attached to the branch, and after the apple had ripened the stem was severed and the bettled sealed tightly. It looks as fresh as wheu first plucked. ) The Patea Mail recounts the following : — Tueother_ day a little fellow of the name of Ludlam was passing through Mr Smith's run, when he came across a horse lying down, with his hind foot through thepart of a "rope which was round its neck, and which to all appearances had been m that position for- some time. To get the I foal released was his first id«a, but haying no knife he hardly knew what to do.* However, a luck) thought struck him, and he pullod out of his pocket a match box, and using it as a saw, after a con* siderable time of hard work, he managed to get the rope off. The horse was too. weak to rise, althoughthe littlefellow tried all m his power to get him to. his feet. But failing m thisj the lad reported the occurrence to some to whom he thought the animal belonged, when he got back to town. The horse has since recovered. Tenders are now being invited for the erection m Christchurch of a theatre, Jwhich, from the : convenience of its arrangements, and the complete character of its appointments will be at least equal, if not superior- to any building of the kind m .the colony. . 'i: ; ' • The Wellington Post says that the late law ezaminatton is generally admitted by those competent to judge as far" and away the " Btiffest" of the kind ever held m the colony — m tact, it is said to have been mupb more, severe than the correspondent examination m England. At tbe Ministerial .picnic given" by the' M Re.W- South. Wales. Government-last week, the Press was rigidly excluded. Ministers had no desire to see another verbatim re« port m the Sydney Morning Herald. Major Smith is the author of the! antiflogging circular, " but," says one smiling and sarcastic, lady, teacher, "if Major Smith'had to manage 100 girls* he would find it necessary, to slap some of them/ It has transpired that Mr M. Dariahor, of Auckland, i? the successful tenderer for the Porirua sectiqn of the Wellington and Mannwatu Railway. The contract not yet having' been 'signed, the sum at which it was taken cannot be mentioned. The section m question extends from Johnsonville to Porirua harbour.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18830608.2.5

Bibliographic details

Manawatu Standard, Volume 4, Issue 154, 8 June 1883, Page 2

Word Count
1,027

THE WOOLLEN INDUSTRY. Manawatu Standard, Volume 4, Issue 154, 8 June 1883, Page 2

THE WOOLLEN INDUSTRY. Manawatu Standard, Volume 4, Issue 154, 8 June 1883, Page 2

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