TELEGRAMS

Patea Mail, 4 August 1882, Page 3

TELEGRAMS

TO THE “ MATT,.”

(per united , press association.)

THE N.Z. SHIPPING COMPANY. . FROZEN MEAT AND MONTHLYSTEAMERS.

Christchurch,' 2nd,—At the annual meeting of the shareholders of the New Zealand Shipping Company held to-day, the directors’ report and balance-sheet for the past year, including the recommendation of a dividend of 10 per cent., were unanimously adopted. . Mr Coster, the chairman, said the company had been in communication with the Government re direct steam service, but nothing had been settledThe company considered that, if the service was to be established, they were the proper people to take it up. The company, had offered to , establish a monthly line calling at the four principal ports. He stated that the company had a number of applications for refrigerating vessels, but it would not pay to carry at a freight of 2|d per lb. Tbe report recommending a 10 per cent dividend and carrying forward £10,628 was adopted) and the retiring directors and auditors re-elected. Electric Light for Wellington. Wellington, 2nd, —The prospectus of the New Zealand Electric Light Company Limited has been circulated. It is to be floated on 10,000 shares of £lO each. The company is formed for the purpose of lighting the principal cities in. New Zealand by means of electricity, and also for using it as a locomotive power. A provisional directory has been appointed. Nearly 6000 shares have already been subscribed. Heathcote School Affair. Christchurch. The Education Board had Mr Wilkes’s case again before them yesterday. Dr Giles, the commissioner appointed by Government to investigate this case, now reported that Mr Wilkes’s conduct was totally unjustifiable.