LATEST AUCKLAND NEWS
(BY TELEGRAPH. —OWN (JORRKSPONI)KNT.) Auckland, Friday. Hkavy rain has boon fulling all day. The Northern Stentnship Company's report showed a net prolit fur the half year of k'.">,417. The directors state they deemed it advisable to make a new valuation and find that there is a deficiency of some £30,000 between their valuation and that shown in the previous balance sheets issued during the late management. The writing off of this amount is a very seiious thing to the company. The report and balance-sheet were adopted, and the directors and auditor were re-elected. The inquiry into the collision in the Rangitoto Channel found Captain Kemp, of the steamer Australia, to blame, and suspended his certificate for three months, and ordered him to pay costs, £30. Sharemarket. —Bank of New Zealand, sellers, £8. National Bank, buyers, 3(is ; sellers, 38s. Colonial Bank, buyers, 13s (id. New Zealand Insurance, sellers, .£8 lis. .South British Insurance, sellers, -tOs. Colonial Insurance, buyers, £4 -Is. New Zealand Loan and Mercantile, sellers, OSs. Cambria, sellers, 3s 3d. Saxon, sellers, 10s (id ; buyers, 10s. Caledonian, sellers, 3s (id. Trenton, sellers, 4s lid. Manuku, sellers, la (id. Moanatairi, sellers, 2s (id. Alburnia, sellers, 3s 3d ; buyers, 3s. Crown, sellers, lis !)d. Woodstock, buyers, 2s (id ; sellers, 3s. Kenilworth, buyers, -Is 3d. Martha Extended, buyers, (id ; sellers, lOd. May Queen, sellers, lOd ; buyers, !)d.
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Waikato Times, Volume XXXII, Issue 2635, 1 June 1889, Page 2
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227LATEST AUCKLAND NEWS Waikato Times, Volume XXXII, Issue 2635, 1 June 1889, Page 2
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