SHIPPING

Greymouth Evening Star, 10 June 1933, Page 8

SHIPPING

HIGH WATER—JUNE, 1933. June 10 —11.40 a.m.; . June 11—0.5 a.m.; 0.30 p.m. June 12—0.55 a.m.; 1.25 p.m. June 13—1.50 a.m.; 2.20 p.m. June 14 —2.45 a.m.; 3.15 p.m. June 15 —3.40 a.m.; 4.15 p.m. DEPTH OF THE BAR The depth of the bar and river at high water yesterday was:—Bar: 23ft. 7ins.; river 21ft. 7ins. ARRIVED. June 10 —Titoki, s.s, 247 tons (Wahlstrom), 7.15 a.m., from Westport.

SAILED. Nil. IN PORT. Titoki. EXPECTED ARRIVALS. Kaimiro, Wellington, Monday. Kanna, Wellington, Thursday. Kiwitea, Westport, June 19. PROJECTED DEPARTURES. Titok, Wanganui, to-night. Kaimiro, Westport, Monday. Kiwitea, Melbourne, early. Kanna, Wellington, early. AT OTHER PORTS. SYDNEY, June 9. Sailed: Marama, for Auckland. SUVA, June 10/ Sailed, Maimoa, for Port Chalmers. LONDON, June 9. Arrived at Colon, Cambridge. Sailed, Otaki from Las Palmas; Port Dun : edin from London. SHIPPING”NOTES. The Titoki arrived this morning from Wellington, via Tarakohe and Westport. She is scheduled to sail tpnight with coal for Wanganui. The Kiwitea is due about June 19, from Bluff via Westport, to load timber for Melbourne and Adelaide. The Kaimiro is due on Monday from Wellington, to load for Auckland, via Westport and New Plymouth. The Kanna is due on Thursday from Wellington to load coal for return. WHITE STAR LINE. LONDON, June 9. At the White Star meeting, Mr Canty presiding, referring to the Aberdeen Commonwealth Line, said that during the White Star’s default, the directors voting as trustees endeavoured to arrange with the Australian Government a new basis of dealing with the unpaid balance. These efforts proved abortive. The directors learnt with dimay and disappointment that Australia had decided to realise its security under debenture charges on the fleet. “I am unable to give adequate expressions of the feelings of the directors at the disastrous ending of the transaction, but in their opinion you have been victims of a very hard bargain. During the whole period of the White Star’s ownership, the vessels operated under conditons rendering it impossible to show a profit whence dividends could accrue. The Australian Government is well aWare of this, yet has chosen to exercise its strictly legal rights to enforce the security at very heavy loss to us. The directors are of the opinion that the Government has already received full value for the ships, and it would be barely an act of grace to cancel the remaining indebtedness. Representations here auent have already been mad’e.”