The Wairarapa Daily. FRIDAY, JUNE 29, 1888. Wellington Woollen Company.

Wairarapa Daily Times, Volume IX, Issue 2937, 29 June 1888, Page 2

The Wairarapa Daily. FRIDAY, JUNE 29, 1888. Wellington Woollen Company.

The Chairman of the Wellington Woollen Company at the annual meeting of shareholders held on Wednesday last, declared that the curse of New Zealand in reference to public companies had been this, that shareholders had established enterprises of great value in themselves with a nominally large capitals, but the amount actually subscribed had been exceedingly small. They had gone to finance companies and bankers and obtained advances, and everything had gone on extremely well until a crisis came, and then the bankers and companies wanted their money, and the shareholders had to pay it at a time when they were pressed for other matters. This experience of companies holds good with many private enterprises, and it is a sign of amendment to see such a broad, commonsense, commercial principle distinctly recognised on the present occasion in Wellington. A very large percentage of Wellington and Wairarapa companies have been dismal failures, and if the Wellington Woollen Company is proving an exception to the rule, it will at least only reach a dividend paying stage after several years' struggle with the unfavorable • conditions under which it was launched. It is satisfactory to find that during the past year its operations have yielded a profit, and it is still more satisfactory to find that the directors till they make the position of the Company a little more secure do not propose to pay a dividend, If Wellington companies are administered with a prudential care of this kind such enterprises will soon be freed from the distrust with which they have during the past few years been regarded. People now who have money to invest. are afraid to touch shares. There is no doubt plenty of scrip in tho market which is a really good and sound investment, but it is depreciated bv the bad reputation of other enterprises which havecome to grief, and have severely punished the investors who once had confidence in then). It gives us great pleasure to Ijno.y that the shares of the Wellington Woollen Company are likely to increase in value, and that the prospects of future trade are excedingly satisfactory. The increased duty under the new tariff on woollen goods and apparel plays right into the hands of Jhe nine woollen companies of New Wand, These Com. panies have the ball at tapir feet provid. ednonew cpnjp anies stajrt, and bj com. petition decrease the value of the mo.

nopoly which they bow enjoy. Should a tenth Company come iuto existence, and wo fear a tenth will, ,we trust it will be located at Masterton. There is a better opportunity now for establishing a paying woollen factory in the Wairarapa than there was a few years ago when many of our settlers were, induced under very specious and delusive promises, to take up shares in the Wellington Company.

Mr Georgo Welch, ofßontley Street, advertises several first-class dairy cows for sale, Those interested in rinking are reminded of the private bon-bon party at tho Theatre Royal Rink tins evening, Tenders are invited by MrW.Prangnell, contractor, for filling three hundred yards metal, Tenders close at bix o'clock tomorrow. At the London wool sales on June 2G, the bidding was conducted with bettor spirit, Some excellent selections of New Zealand wools realised firm prices, A Sydney telegram states that the Payment of Members Bill has passed through all stages in the Legislative Assembly, Hanlan has issued a challenge to row Kemp for £SOO a side and the championship of tho world, the race to be rowed in tin ee months. The New South Wales Government have declined, on grounds of expense, to take part in the Federal volunteer encampment arranged to take placo in Melbourne during the Exhibition. On the departure of Mr G, M, Park to Nelson, Mr J. Uagge will bo tho head of both Post and Telegraph Departments, a position ho formerly occupied when he first came to this district, In tho cricket match between Surrey and Oxford University, which commenced at tho Kensington Oval, London, on Monday, tho Surrey eleven scored 650 in their first innings, Mr W. W. Road made 338. At a meeting of the committee of the Masterton Horticultural Society hold last night it was decided to hold the Spring Show upon the 22nd November, the same day upon which the Masterton Agricultural Society lias fixed fur its annual Show. Wo are given to understand tho public ot Masterton will, on the production of " H M.S. Pinafore/' have the chance of hearing Mr Gant in his original character of "Buttercup," which he personated with such success in tho first production of this play in New Zealand by the Carey company.

The English bishops aro opposed to cremation, with tho exception of Dr Moorhouse, of Manchester, who, in a recent speech at Blackpool, declared that the question of interment or cremation was merely a matter of sentiment, and had nothing to do with Christian doctrine.

Tho remark of the Chairman at the annual meeting of the Wellington Woollen Company that they had not had to write off a single penny for bad debts was received with cheers. He claimed this as a credit to the caroful management of the directors.

The following members of the Volunteer Football Club are requested to go into practice in view of the approaching match with the United Brigades;— Thompson, Hooper, Wilton, Blane, Blinkhorne, Enersen, Hoar, Hoiliens, Mutric, Braggins, Grant, Ingram, King (2), Langton, S. Minitie, fcipackinan, Vile Woolf, and Baylor. William Shirres, occupier of runs 243 a and 24u, was charged at Oamaru yesterday by the Inspector with failing to destroy rabbits, according to the provisions of the Rabbit Act. There were four charges against the defendant, who was lined L 5 on each case, with costs 14s, The cases were heard before H. A. Stratford, R.M. The Masterton Riflo Volunteers paraded for inspection last night at the Drill Hall. There was a good muster, Captain Donald and Lieutont Thompson being in charee. Lieut. Hooper was reported on the sicklist. Sergt-Major Bezar instructed tho corps in gun practice and company drill, The Band, as usual, gave a good account of itself.

Mr David Pickering was very properly fined five shillings for breaking the law by marching up stairs to a boarding-house bedroom and punching the head of a ssamp who had wronged his friend. This no doubt, was a very improper thing for a man to do, but it must be admitted if there were more Pickerings in the community them would certainly be fewer scoundrels about.

The following are the Carterton Rival selected to play against Greytowu on Saturdry next for the Senior Cup of the Wairarapa Union: —Backs—Fairbrother, Usher, jKemball, Baumber, McCarthy, Snodgrass; Forwards - Reid, Smith, Tyler, Fairbmther, Richmond, Eaton, Eagle, Moore, Kembell. Emergencies, forwards—A Nicholsen, M. Nicholson, MoKenzie; backs—J. Moore, Parker. In attempting to account for the extinc* tion of the buffalo, a new York paper says it will never be known how many times the animal, which is one of a highly sensitive organisation, lias been drjvoii frantic by the contemplation of the chocked trousers of the average British sportsman, and so led to destroy himself. The annals of suicide among animals contain a number of interesting cases of this kind,

Tlio average indebtedness per head the Australasian colonies is*L44l4s 3d. Tlio New Zealand average is LO3 15s (id per head, and that of Victoria LHO Os fid, Taking the average family at live personsthe NewjZealand paterfamiliarlias to pro. vide yearly the interest on L3lB, while his fellow in Victoria has to provide interest on Ll5O, Wo require "protection" in New Zealand—from unscrupulous politicians and reckless borrowing. Our taxation per head under the old tariff (what it will be under the new one is too dreadful to contemplate) was £3 7s 5d for every man, woman, and child in the colony, as against £2l4s 3d per head in Victoria. Now South Wales, although she has a larger debt average than Victoria, £49 9s Id, has a lower average of taxation, which is £2 ljls 4d.—Hawke's Bay Herald, The Christchurph Telegraph reports a clever capture by detectives. The arrest of tlio two men Anderson and (Wc, which was effected early yesterday inornin? by Cliief-Deliectjve Nejl apd Detective O'Connor, was the result «f a cleverly laid trap. .H appears that the landlady of the White Horse Hotel, whose house the men attempted to break into, won a considerable sum of money at the New Brighton races on Thursday. Before leaving the course, it is said, the two prisoners attempted to steal the bagj but faijei. Detective O'Connor was apprised, of the men's intentions, and ho thought it not unlikely that they would make an attempt to take the money from the house, knowing it would be kept there all night. The two doteptives placed thomsoiyes in readiness in the hotel to ineet flip wopld-be burlaw should thoy try to. force an entry. As the sequel proved, the two officers brought their plan to a successful issue. When arrested Anderson had an unloaded revolver in his possession,' and the other other man a burglar's f'jimmy" and a lock picker i.uadp Ojjt oj a |jece'.Qf wire;

Mr Levi Morton of New York city, lias been nominated by the Republican party for the Vice-Presidency. At the Elite Roller Skating Kink this evening the Volunteer band will perform at intervals.

On the departure of Mr G M, Park to Nelson, Mr J. Bagge will bo the head of both Post and Telegraph departments here, a position he formerly when lie Bret came to this district. Tho Rev B. D, Cecil will .deliver a lecture in tho Presbjterian Church, Masterfcon, on Tuesday, July 3rd, on Spiritualism. An advertisement appears in another column.

The patients m tho Masterton Hospital are progressing favourably towards recovery. The man Anderson who it will bo remembered was injured in both oyes afc]a sawmill has regained the sight of oiio eye, and is able now to take exercise in the grounds without a guide. On the verdict" fined ss" being given in Court yesterday in the case Morrison v Pickerin?, an open palm was extended with a shilling on it amongst the audience and immediately covered by many times the amount of tho fine. This was a plain expression of public feeling in tho case. Christina Lawson pleaded guilty to a charge of disorderly conduct in Bannister street. The Sergeant asked the Bench to deal leniently with the case, as although she waß on the Police books in Wellington it was her first offence here, and he would like to give her a chance to reform, The Bench cautioned the accused jind sentenced her to one hour's imprisonment.

The Wairarapa Exhibition Committee met last evening, when a statement of receipts and expenditure was submitted, the former being £1?,1 Is (id, and the latter £52 Is, leaving a balance of £79 0a fid. This amount will practically wipe out the debt upon the Masterton Wesleyan Church, which was the object of the promoters of the Exhibition.

A singular case was heard at the Resident Magistrate's Court, Blenheim, yesterday, between a blacksmith and a wheelwright, whose premises adjoin each other. On Saturday, the 2nd instant, the wheelwright accidentally found a charred wooden box under his shop, and, on the Sunday following, at 11 o'clock in the forenoon, ho observed the blacksmith lookim' about his (the wheelwright's) premises and, finding him going in underneath, ordered him off. The blacksmith went off, 'observing that he was looking for eggs. Subsequently, the blacksmith offered a reward, through the papers, for the discovery of the person or persons slandering him. On seeing this, the wheelwright, prompted by another blacksmith friend of his, laid an infermatson against 'he first blacksmith fur trespass and refusal to leave, The cane was Heard yesterday, and broke down. It was elicited from the wheelwright that he instituted the proceedings fur the purpose of bringing to light the affair of the box, The evidence was rather laughable. Both wheelwright and blacksmith made no secret of their dark suspicions against the first blacksmith, and the latter confessed he was frightened by his rival Vulcan every time he beheld him. Reference was made to a flask of powder which the second smith once found in his forge

Wouking-Men,— Before you begin your heavy spring work after a winter of relaxation, your system needs cleansing and strengthening to prevent an attack of Ague, Billiou3 Dr Spring Fever, or some other Spring sickness that unfits you for a season's work. You will save time, much sickness and great expense if you will use one bottle of Dr. Soule's American Hop Bitters in your family this month. Don't wait. "Burlington Hawkove."

A Good Housewife— The good housewife when giving her house its spring renovating, should bear in mind that the dcav inmates of her house are moto precious than many houses, and that their systems need cleansing by purifying the blood, regulating the stomach and bowels to prevent and cure the diseases arising from spring malaria and miasma, and she must know that there is nothing that will do it so perfectly and surely a 8 Dr. Soulo's American Hop Bitters, the purest and best of medioines, "Concord; N, H. Patriot,' The honourable member for Kumara evinced a large amount of wisdom in the debate on the new tariff in supporting the increased duty of 25 per cent on trimmed millinery. He said that the bonnets and hats locally trimmed were as pretty, if not prettier, than any imported from London or Paris; and, added the honorable member, in a line glow of enthusiasm," this can easily be proved by a single visit to Tc Aro Houso, Wellington. The honourable member is to be thanked for the justly deserved compliment to our abilities. H e only states in the House what the ladies of Wellington have said in their homes and among their friends, that choice, charming, attractive, and elegant millinery our own special make is to be at all times obtained at Te Avo House, Wellington. This season is no exception to others that have preoecdeil it, We never had a greater profusion, a. ohoiqor aolaatiQii or gvoator taste displayed. Wc have never had richer material, more graceful styles, more varied shades of colours, and move brilliant results than in our millinery for the present winter season, at Te Aro House, Wellington. Wellington ladies have always well patronised our millinery department, and it now only remains for our legislators to do the same, With the honourable member for Kumara- leading the van, and followed by •every member of tljo Hpuso, there might bo a grand selection made by each to take to their wives, their cousins, their sisters, or aunts, specimens of artistic skill from the millinery department at the Wholesale Family Drapery Warehouse, Te Aro House Wellington,—Auvr,