CO-PARTNERY SCHEME.

Press, Volume LXVI, Issue 13737, 19 May 1910, Page 9

CO-PARTNERY SCHEME.

(kro.i Ot'R owv CORRIW-OXnF.XT.) ' LONDON. April 8. The men employed at Irvine's si„pyard at Hartlepool have votc<l against tli-* continuation of .Sir Christop.ier Furiicss'.s co-rpartnerj" scheme. The ballot resulted :—For continuance 492, against 593. Enquiries among the wor__en show that the main cause of tlie opposition is.that such irregularity of work has arisen as to furnish anything but a full year's employment for most of the men, and that the lower-paid workmen, when they have been laid idle, have felt the need of even the few shillings they may have accumulated towards the shares. It is also stated

I that the co-partners are unable, to oh- ' tain employment iv other, local . yards ov.-ing to the attitude of-the men at I those yards, and. moreover, the opinion S seems to have gained hold that the I scheme would act to the disadvantage Jof the trades union at a time of crisis. ! When interviewed, Sir Christopher iFiirncss said:—"l understand there is j a /strong desire to give the co-partner-j ship arrangement another twelve months' trial. Tnere can be no doubt as to the feeling of the firm's -workmen jif they are left free to act apart from 1 the other members of the tra<les unions with which they are connected." IIEUTER'S TELEGRAM COMPANY. (PRESS ASSOCIATION' TELEGRAM.) WELLINGTON. May 18. I The directors of Renter's Telegram I Company hare declared the usual divi- | dt»nd at tho rate of 5 per cent, per j annum for the half-year ended 31st i December last. I AUCKLAND STOCK EXCHANGE. I trKESS ASSOCIATION' TELEGRAM.) I ■ AUCKLAND, May 18. j The following business was done, at this I morning's call:—Watchman, 2.* Id; Ho3S j Goldtields, 9s 9d, 10a 3d: Tolistuan. 53s 3d; • Wiiihi, £8 5s Cα to £8 7s ikl: Mount Lye!!, i 13i 111. The following business was done at the I afternoon cnl!: Dixon's Consolidated <con.), Mid; Waiotahi. 4s sd; Waitangi Consolidated, :2s I<M, 2s lid: Wutrhmiui, '2s sd;- Old H«uraki, la Gd; Kapacca, 7d: Tairua Monarch. ■1U1; Talisman Consolidated, 535: Yaihi, 167 a fid. 170s. 172=. lTJis GJ, 172s 6d. 1725, 171s Cd, 112s; Woiln Grand Junction, 31s 9d; Consolidated Cioldiields. 21s 3d; Old Alburnia, Is; Tuirnn Broken Hills, ]s 2d; Mountain Rimu Timber, 25.-*; Wilson's Cement (pref.), -ISs. WELLINGTON STOCK EXCHANGE. (I'ltE-iS ASSOCIATION TEL^UHAM.) WELLINGTON, May 18. To-day's mining sales were : —lO a.m.: Taliemun, £2 12s 3d (reported); Grand Junction, ill 10s 6d (reported); Koes. Us 9d fChange). Neon: Wflihi, £3 3s 9d (reported), £S 3s 6d, £8 •Is ('Change); Waitangi. 2b 9U TChangt); Hoss, 9s 9d (reported), 10a Gd ("Change). 3.15 p.m.: Talisman. £2 13s (reported); Waihi, £8 ■Is Gil (reported); Koes Goldfields, 11s 6d ('Change). DUNEDIN STOCK EXCHANGE. (PHESS ASSOCIATION TEI.Ef.RAM.) DUNEDIN, May Iβ. Stock Exchange sales:—Talisman Consolidated, £-2 13s; Waihi, £S 7s. £8 7s; Waihi Grand Junction, £1 11s 3d, £1 11s; Consolidated Goldfields (forward delivery), £1 2». Sales reported:—Consolidated GoldfiCTUs, £1 Is: Old Iliiurald, Is sd; Waihi Grand Junction (eight weeks delivery). £1 11s 9d, £1 11s 9d; Waihi, £S 2s G3, XS 3s Cd; Waihi Extended, 2s Cd; Tulisinun Consolidated, £2 13e; Bank of New Zealand, £10; National Mortgage, 3s Cd.