COMMERCIAL.

Evening Star, Issue 16626, 8 January 1918, Page 1

COMMERCIAL.

AUSTRALIAN WHEAT. VERY SERIOUS OUTLOOK The position that is developing in Australia in regard to wheat is very serious, a Sydney correspondent writes. For three years Australia has been producing lucre ising quantities of wheat. For three j eai a the number of ships available to cai' r v that wheat to Britain has been steadily decreasing. Yet Britain has bought and paid for the greater part of all the gram produced in Australia. That wheat to-lay is lying in huge stacks all over Now South Wales and victoria. There are nrilions of bushels of it, and it is being preyed upon by myriads of mice and damaged ly weather. It will, at the present rate, take over two years to ship the accumulated •wheat to Britain. So far as the new season’s wheat is concerned there has been no official i ronoancement, but it is known positively that Britain has declined to purchase tiie ne.v harvest. The Imperial authorities have explained that they have now .- ore Australian wheat than they can ship, that they can buy wheat in Canada, and the Argentine as readily as in Australia, and that her limited ships can visit those countries twice or thrico while they are visiting Australia once. The position is receiving the most urgent attention of the State and the Federal Governments. The New South Wales State Government have let contracts for wheat silos and tormina! elevators, which are to cost more than £1,000,000. Once in the silos the wheat would keep for years. But the building of silos is a huge undertaking, and they cannot be ready before the 1918-19 harvest is beginning to flow in. All the stores are full, and there are not sufficient sacks to go round COMPANIES REGISTERED. M’Skimming and Son, Ltd. Registered as a private company December 19, 1917. Capital, £55,500, into 55,500 shares of £1 each. Subscribers: Peter M’Sldmming 3,560, Peter M’Nash M’Skimming 13,750, Helen J. C. M'Kinlay 3,550, Mary Hislop 3,550, Jessie W. Polling 3,650, Elizabeth G. Boyd 3,550. Objects: To take over, acquire, and carry on the business of pipe manufacturers lately carried on A Benhar by Peter M’Skimming and Son.Benhar Goal Company, Ltd. Registered as a private company December 19, 1917. Capital, £13,000, into 13,000 shares of £1 each. Subscribers; Peter M’Skimming I, Peter M‘N. APSkiaiming 6,500, Helen J. C. M’Kinlay 1,300, Mary/Hislop 1,300, Jessie W. Felling 1.300, Elizabeth H Boyd 1,300. Objects; To take over, acquire, and carry on the business of coal mining and brick and tile manufacturing lately carried on at Benhar by Peter M’Skimming and Son. Lambert Bros., Ltd. Registered as a private company December 19, 1917. Capital, £12,000, into 12,500 shares of £1 each Subscribers: J. H. Lambert 4,167, W D Lambert 4,166, A. R. Lambert 4,167. Objects: To acquire and take over the business of brick, tile, pipe, and potter\ r manufacturers and coal miners lately earned on at Kensington by Lambert Bros and Co. lodd and Sons, Ltd. Registered as a pnvate companv December 19 1917 Capital, £14,000, into 14,000 shar4 bf £1 ? a T"- Subscribers: Margaret W. Howie w°?r m h - a z b o eth W ‘ T< ** d 2 - 000 > Robert d 6B4 ’ Thomas Todd 3,084, John C. Todd 3,402. Objects: To acquire and take over the business of brick, tile, pipe and pottery manufacturers and coal miners lately earned on by Thomas Todd and bons, Ltd. Otago Dairy Producers’ Coo] Storage T td - Registered December 20, 1“ 17 - Capital, £5,000, into 5,000 shares of £1 each. Subscribers: Neil Alex Stewart, Wilfiam Blaclrie, William Lee' Ihomas Parker, Colin M’Coll, James A. lark, and James Dow. Objects : To carry on business of proprietors of cold air stores and refrigerating works, etc.