SHIPPING.

Evening Star, Issue 16051, 1 March 1916, Page 1

SHIPPING.

HIC4H WATER. TOMORROW, Tnmrcvi Head: 0.57 a.m., 1.23 p.m. Port Chalmers : 1.37 a ..m., 2.3 p.m. Dunedin : 2.7 a.m., 2.33 p.m. THE SUN. Sets to-day, 6.52 p.m.; rises to-morrow, 5.50 a.m. THE MOON. Sets to-day, 5.23 p.m.; rises to-morrow, 2.58 p.m. WEATHER REPORTS. The Government Meteorologist (Rev. D. C. Bates) supplied the following weather reports at 9 a.m. to-day : » ~ , „„ Bar. Then Weath. Auckland—N.E., 1 ... 30.10 31 CB Napier—N.E 30.15 69 B Wanganui—N., 1 ... 30.09 70 B Wellington—N.W., f 30.09 70 C Westport—N.. 1 ... 30.19 67 0 Greymouth—E., ] ... 30.06 67 0 Bealey—W. 1 29. 64 0 Christchurcli—N.E., 1 30.04 66 BC Timaru—Calm 29.85 66 O Oamaru—Calm 29.87 65 0 Dunedin—N.E.. 1 ... 29.81 63 O Queenstown—Calm ... 29.85 66 0 Nuggets—N., 1 29.73 63 V Bluff— N., 1 29.78 55 BC Port Chalmers—N., 1 29.81 64 O Naseby—N.W., 1 ... 27.85 64 O Pembroke—N., str ... 28.90 69 0 Clyde—Calm Roxburgh—N.E.. 1 ... 29.50 68 OD Invercargill—Calm ... 29.60 64 B-C Balclutha—W., 1 ... PuysegurPt.—N.W..m 29.59 67 C Weather.—B, blue sky, bo the atmosphere clear or heavy ; C, clouds, passing clouds; D, drizzling rain; F, foggy- G gloomy, dark weather: H, hail; f, lightning; M, misty; 0, overoast, the whole sky covered with thick clouds; P, passing showers; Q, squally; R, rain, continued rain; S. snow; T, thunder; U, ugly, threatening appearance; Z, hazy. ' ' Forecast. The Government Meteorologist (Rev. D. C. Bates) supplied tho following at nOon to-day : —Strong northerly -winds, veering by west to south; cloudy and unsettled weather; ram probable; barometer has a falling tendency; tide's good; sea rough. ARRlVED.—February 29. Kini, s.s. (7.50 p.m.), 1,122 tons, Platts, from »Westport. March 1. Kowhai, s.s. (7.30 a.m.),, 792 tons, Nicholas, from Bluff. SAILED.— February 29. Flora, 8.8. (9.30 p.m.), Appleyard, for Chatham Islands. EXPECTED ARRIVALS. —Coastal and Intercolonial.— Monowai, from Auckland, March 2. -PROJECTED DEPASTURES. —Coastal and Intercolonial.— Wimmera, Tuesday, March 7. Tho Kini loaves to-morrow for Westport and Greymouth. The Kowhai leaves to-day for Napier and Gisborur via Oamaru and Timaru. x „, Moeraki leaves Sydney to-morrow for Wellington and Lyttelton. The Kaiapoi is expected to leavo Newcastle at tf:6 end of thi> week for Wel- ■./ u>tcm. ■:*.* '■:..„. - .■.,.>■s 'the Kittawa left Greymouth yosterdav for Oamaru and Dunedin. The Corinna.. which left for Now Plymouth yesterday, arrived at Oamaru "at midnight. The Flora left Port Chalmers late last night for the Chatham Islands. A Press Association telegram from Wellington states that the steamer Tatauekai shipped cable repair winding gear yesterday preparatory to going to Cook Strait to overhaul the cable thoro, which has developed a fault. The vessel will be ready for the work about tho end of the week. THE FERRY SERVICE. The Mararoa reached Lyttelton at 9.25 a.m., and connected with the second express. ONE SHIP COMPANIES. One of the striking effects of the high shipping freights that can now be earned by vessels of almost any description is.the revival of the one-ship company, which was a prominent feature of joint stock pi'omotioiis in certain circles about J5 years ago. Circulars touting for subscriptions to these concerns were then sent out all over the country, and though perhaps in one or two instances investors received a few dividends, in the majority of cases they lost most, if not all, of their money. There is a likelihood of this experience being repeated now that the example of the great prosperity of established shipping companies can be used as a bait. The number of these companies registered in England during the first 10 months of 1915 was 38. and their combined capitalisation of about £28.600 per company, obviously much too small an amount for an effective shipping company m these days. Many of the companies m the list are quite legitimate and proper promotions; but of the others a number cannot be regarded as serious business propositions. Deducting the company with capital of £50,000 and over the average is reduced to £IB.IOO, which' still further emphasises the purely speculative character of many of these ventures. Advantage is evidently being taken bv promoters of the present inflation of shipping values, and investors have been warned to be on their guard against invitation to embark money in enterprises unless their bona fides are beyond question. SHIPPING TELEGRAMS. WELLINGTON. February 29—7.40 a.m.. Monowai. from Auckland and East Coast.—o.lo p.m., Putiki, from Wanganui. —0.15 p.m., Petone, from the south.—l p.m., Karu, from Lyttelton.—o.4o p.m., Mapourika, for Picton, Nelson, and West Coast.—2 p.m., Waitomo. for Sydney.— Rotonia. for London.—March 1 ; 8.35 a.m., Wagama. from Svdnov. LYTTELTON. March 1.-10.30 a.m., rarawera, from Port Chalmers. OAMARU, February 29.-6 p,m., Ngahere, from Dunedin.—Midnight, Corinna, from Dunedin. BLUFF. February 29.—3.40 p.m., Rachel Cohen, from Maoquarie Islands.— 5.30 g„m., Kowhai, for Dunedin. SYDNEY, February 29.-3 p.m., Manuka, from Wellington. NEWCASTLE, February 29.-Rakanoa. troin Wellington. MELBOURNE, March 1.-Waihemo, from Vancouver. (For continuation see Late Shipping.)