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EXPORTS.

Per Kennedy, for Westport: 1 case, 4 bundles wheels, 4 kegs nails, 1 parcel. For Nelson : 64 tons coal. Per Ota<£o, for Melbourne : 1 box gold, 841oz, Bank of Australasia ; 1 do, IOICoz 15dwt, Bank of New Zealand.

The p.s. Lioness arrived from Hokitika at an early hour yesterday morning, with a portion of the cargo of the Alma. After tendering the Otago, she sailed for Hokitika on the afternoon tide. The s.B. Otago arrived in the roadstead yesterday forenoon, and was tendered at tide time by the p.s. Lioness, which placed on board 10 saloon and 58 steerage passengers a large proportion of whom were bound for the Palmer. The Otigo brought 34 passengers to Greymouth, 12 of whom were Chinese, and sailed at 4p m. for Melbourne via Hokitika Thea.B Kennedy sailed yesterday afternoon for Westport and Nelson. The New York papers publish the prospectus of a mammoth scheme for the formation of a steamship company whose vessels will ply between England and various ports in the United States, the sailings being daily throughout the year. The company proposes to build, on the Delaware River, and of American material, a fleet of 45 first-class steamships, of 4000 tons each, which, will have accommodation for 100 cabin passengers, 1000 emigrants, and 2500 tons cargo. The estimated cost of these vessels is about 36,000,000 dols ; and it is proposed to issue bonds payable in 20 years at 6 per ceDt. interest, the Government to guarantee the bonds and pay the interest half-yearly in consideration of the mails being carried without subsidy to and from Liverpool for 20 years. In order to make the company a thoroughly national one it is suggested that the sailings from the States should be alternately throughout tbe week from the four northern torts of Baltimore, New York, Philadelphia, and Boston, by which arrangement all the principal shipping centres will be secured in the interest of the company. The scheme is said to be put forward by eminent and practical capitalists, who have the means to ca^ry out the undertaking.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18740327.2.3.3

Bibliographic details

Grey River Argus, Volume XIV, Issue 1761, 27 March 1874, Page 2

Word Count
345

EXPORTS. Grey River Argus, Volume XIV, Issue 1761, 27 March 1874, Page 2

EXPORTS. Grey River Argus, Volume XIV, Issue 1761, 27 March 1874, Page 2