SHIPPING.

Otago Daily Times, Issue 7223, 11 April 1885, Page 2

SHIPPING.

fOBT CHALMERS. phases or nn uooh. rll T-£utqnutM ' .„ „ Ik 45m , U-Nowawon «, „ Hh *lm , 21-yirst OEiutei «. „ i>.h XOm 58—Vdl leoon.. v, -, I3b llm i 6«-ApoKeo ~. ~. «. 4h Cm i Id—Fejrtgoo ■> „„ « Sh Om Inril 10— Wind, S.W.; ■weaihoif, lino. 8 i.—Barometer, 39.82; thermoinotor. 62. Noon— romoSei, 80 83; thoraometar, (6. ii p.m.—Bwrotill! SO 83; thertaometor, 66. man waiu. kpril 10 -« AS the Hcudg, 026 p.m. i »i Port Jmiwa, 1 $ p,m, 5rJ Daoodin, 161 p.as. AMIVALB. anet Rainsay, schooner, 41 tona, Norman, from orcnrgill. Dunedin I and \V Co, agontu. lahlnapua, a.0., 423 tons, Holmes, from the Wost tat. J Millo, agent. Passengers—Mr and Mrs a and child, DBPABTOBIB. innio Hill, brlgantine, 121 tons, Paterson, lor cktand. Iv Ramsay, agent. 'alaroa, 9.8., 488 tone, Thompson, lot Ndaon, via ormodiato ports. J Mills, agent. enutlful S««, 0.9., W toao, Vfasta, (or Oamara. .Ills, agent. lahlnapua, s.e., 428 tern, Holmes, Jor the West vst. J Mills, agent Jliza Firth, brtjanfoe, 143 tons, Connor, for the st Coast. OUSIOKB ENTRIES. nSWABDS. Coranui, 801 tona, Oliver, from Tlmaru, with go. A J Burns, agent. OUTWARDS. Illzj Firth, 143 tons, Connor, for Groymouth, with go. K Ramsay, agent. itmuilful Star, iat! Sona, Whlio, lor Oamain, h oargo. J Mills, agent. laiaroa, 223 tana, Thompson, for Timaru, with no. J Mills, agent. (ahinapua, 205 tona, Holmes, for Oamaru, with go. J Mills, agent. 40VBKK3XB OF UHION BTS&'d SHIP COMPAOT'3 SSW.MEEB. Fridat, Aprii> 10. Hud—Wairarapa Bailed B p.m. for Melbourne, via bars. ,yttolton—Hawea arrived 9 a.m.; galled 2 p.m. awera sailed 6.80 last night for Wellington, katlpu Balled 12.80 a.m. for Wellington, rolson—Ponguin arrived 4£o a.m.; sails 6 p.m. Taranaki. Wellington—Kotorua arrived 6 a.m. from Plcton; ed noon for Lyttelton. Tarawera arrived 8.20 a Lyttelton; Eall!) S p.m. for Napier, liaborne—Suva ariived 1; left 7.L0. IMPORTS. er Janet Ramsay, from Invorcarglll: 24,000ft SHIPPING TELSGIRAHS. t?BSi DmSBD FRKM A&gOOUIECM.j Whlmhqton, April 10. rnrod: Hinemoa, from Lyttelton; Ruapehu, a Lyttelton j Wakatipu, from the South, ailed: Wanaka,.for Nelson; Tarawora, for the th; Rotorua, for Lyttelton. Passengers-Misses ,n and Nutta!, Mcsdamca GaYnble, Broan, Doble, rce and two children, Rev. Father O'Halloran, Dr ley, Messrs Rainsny, Stone, Gamble, Stuokoy", rison, Poareo, Batea, Uibbß, Dick and party. Lyttbotok, April 10. Riled i Hawfin, ' W i Dunedln. THE RUAPEHU,, /.GROUND. (Pun Uniibd Prkss Association.) Wellikoton, April 10. Yhile the Ruapohu was being brought up to the ',r( Pilot Sims, who was In charge, hugged the ro too close, with the result that the steamer unded clcao to the To Aro baths. It being high > at the tiroetho engines wore rovereed >nd the 3 set, but the steamer did not raivo. The Union npany'B Taiawera was Bent to tonder assistance. was anabla to move her The Ruapehu remained i all tho afternoon, and towards evening the Ircezhulk was taken alongside, and portion of her ;o, consisting of 1000 carcasses of eheep, ia to bo en out of the fore hold. It Is fully expected the imor lull be floated off successfully when the tide ios, botween midnight and 1 o'clock. She is not ly to have sustained any damage, ao there Is a jy bottom, but divers have boeu sent down to mine tho hull. The Hinomoa h.ia beau ordered to Jar what assistance she cau. preliminary inquiry was halt! this afttirnoon. The, t in his evidence admitted thst all his orders wore nptlycaniad out, that ho hugged the shore a e too cloeo, and tl>.M ho was alone to blame in the >ter. WJSATHES BXOEAJIQH. (Faa Oman Psass Acmwiahok.) Wbhilnqton, April 10. ew Zealand.—High pressure, but most In south ; d moderate 3. nnd S.W.; generally line. ÜBtralia.—High pressure, especially over south it and Tasmania; winds moderate and southerly; , but cloudy. irornetors.—New jZcaland; Kue=oll and Wolllng--30 2; BluH, 80 3. Australia: Hobart and PortI, BUA; Sydney, 8C 8. he Union Company's ator.mor Mahinnyua, from Woßt Coast, ariived at Port Chalmers at 11 p.m Thursday. She left Qreymouth at 6 45 p m. of tho inat., had light variable winds and One weather, . nrrlvcd at Wellington at 6.50 p.m. of tho 6th t.; left agalu at 7.30 p.m. Fame day, and atrivod ati telton at 4 p.m. o[ the 7 h inst.; piishe lon for quarters at 0.4.) «,ni. if th i fct;i i.tet, had strcn^ thorly wlndi wilii lrjad uea down the co.itt, ircd Otago Heada at 10.16 p.m., and arrived as vo. We thank M? Anderson (tho purser) for ort und files. ho schooner Jane Anderson sailed down from lotlin yosterday morning and went alongside the :ort Pier. he brlgantine Annie Hill siiled yesterday morning :i cargo for Auckland. he schooner Janet Ramsay, timber-ladon from orcirgill, beat up from Otago Headj on Thursday nlnir, and anchored in Maneford Bay at 10 p.m. lolt Invercargill on tho Bth lnst.,|had moderate '. winds and thick vreather along the coast, arrived Jtago Heads at 3 p.m. of the 9th inst,, and arrived bove. he s.s. Taiaroa left Dunedin yesterday afternoon hor periodical trip to Nelson, via intermediate ;s. _ M _ jn __ Ml , M , „ „ IIW terday evening for Oamaru. ho ship Connaught Ranger is nearly clenr of cargo. has commenced taking in ballast. he brigantine Elizi Firtb sullod yesterday afta n for the West Coast. he Lady Jocclyn, which tailed for London from iler East Monday, took S'-.b'i carcases of frozen iiw ' VESSELS IN PORT. t the Bowon Pier.—Shljra: Dunedin, Captain Itaon; Connaught Hanger, Captain Williams, t the Export Pior.—Barques : Waimea, Captain eso; True Blue, Captain Davison. Schooner ) Anderson. i tho George street Pier.—S.s. Blngarooma, CapPopham. the Stream.—B.B. Takapuna; bila Star of the iey; schooner Janet Ramsay. i Dunedin.-Birques: Armistice, Captain Hughes; lerlck BassU, Captain Best; Albert William, CapJailray; Excelsior, Captain Edgar; Night Hawk, :uln Douglas ; Onyx, Captain Paterson; Ph'.lip- , Captain Bovle. Barquontiue Olen Ville, Captain ro. iJrigantlnes: Seagull, CaptalnjDawson; Enrise, Captain Bell. Brig Wild Wave, Captain 8. Ketcbes." Huon Belle, Alpha. S.s. Ino. I'ril? Twua 0034, Frlisy orsahj;. e amount of Customs Revenue recoived to-day rods cleared for consumption was £1768 10j 4d. 0 British and New Zealand Mortgago and Agency pany (Limited) have received the following wool ram from Messrs Helmuth Schwarlze and Co., 1 London, Bth inst.: —"The sales reopened with irate attendance of both Home and Foreign ra. Tone is dull. Prices are scarcely malnid." CREDITORS' MEETING. E. KILQOUR & CO. numerous meeting of Creditors In the estate of )ur and Co. (R. Kllgour and Allan M'Naughton), al and aerated water manufacturers, was held irday afternoon in the Official Assignee's office. I'Keay appeared for bankrupts, Mr Sim for the ord (Mr K Prceser, of S/dney), and Mr P. Dunor Mr Hartley (the holder of the bill of salo). e debtors' statement ehovved tho total amount of liabilities to be £2180 16s Bd, and the total int of assets £1800, leaving a deficiency of £380 Id. Tho liabilities consist of: Unsecured credi£loßs 53 4d; secured creditors, £1000; private ities, £9510s lid. The assets consist of: Stock,de, £1000; book debts, £160; furniture, £60; us in hands of secured creditors, £600. 3 following are the principal amounts in the list loocured creditors: J. Hartley,'settler, £226fis 3. Proesor, Sydney, £657 17s lid; Nelll aud Co. ted), £7318s Id; W. Lane and Co., £22 8s; A. } Inglis,£26; M. Fogan, £10; J. Scanlan, £10. lecured creditors aro: J. Hartley, settler, debt ; estimated value of security, £1000; J. Eilgour, r, Walkouaitl, debt £000; value of security, Tho principal item in the private liabilities is a if £22 03 8d due to Messrs Hogg and Hutton. i Assiosbb said that before the bankruptcy there distress in for root lor £163 He waa strongly disto put forward the recent clause of tho AmendAct to upset this distress, but then ho found was a bill of sale, which his solicitors advised /nil valid (with one exception), over all the plant, lat if he took any steps In this matter he should y be protecting iho intereatsof the own or of tho sale. There seemed to bo very little hope, as he could see, of tho property realising anything iver over the amount of bill of sale for £400 i was held by Mr Hartley, and was over tho stock, and book debts. A good many objecmight bo raised to tho portion of the bill of sale regard to the book debts, bud ho was sorry to lab the bankrupts had not acted properly. The iu charge for ths landlord was ,alao in charge m, as he had no funds in hand, and he did not > go to additional expense. The bailiff had his ctlons, and protected the property tor him as is tho other parties. Too ballifl arranged with inkrupt (Mr Kllgour) to make up hij books ihe took them away. Tho next thing ho heard hat Mr Kllgour had handed over the books to urtley, hia brother-in-law and tho holder of the sale. He told the bankrupt that ho had acted rroDgly, and ho had eummonod Mr Hartloy to r boloro him. Mr Hartley did not appear, and jwliablo to arrost. He had given his solicitor ctions in the matter. ?. Duncan, on behalf of Mr Hartley, protosted t the use of the term " arrest." Mr Hartley did ko the books as the bankrupt's brother-in-law, ccauao they belonged to him under the bill of AwiaHßß had no hesitation in saying that the idlng on the part of Mi Hartley was most per. It was the first time there had been an atto defy the Atßignco, and he did not mean to led. It was monstroua that an attempt should de with the collusion of the bankrupt to deprive ißlgneo of the bankrupt's books. Dvncan said that Mr Hartley took up tho posli»t the books were hia, and there was no ques- ' coliusion. Assiqhse said he could not have got possession books without collusion. Duncan pointed out that those books wore oxr Included in tho bill oUa'.o. AssioKEHealdhe had a right to the books of a Jukcun said it was for the Judge and not the co to decide whose books they wcie. Ukilet said ho was quite prepared to oxplain hlng. In the first place tho balll&s were put in ■ root, and the property was advertised for sale, editors had him to thank for saviog something m. i. Ikoms: Did you pay any money undor this cttle? I have heard of you before. laetiey : You keep quiet. AasraNKS Bald any questions must be -put h him. juncan : I saw tho money paid in my office. AssiaNES had projsod Mr Hartley on that point, d been assured that tho money was paid. He roa3on to doubt that assurance that £400 was .•er at tho time In Mr Hartley'sown money. He bo glad to have an expression of opinion from dltora as to what course he should take in roi the books. V. Watson said It would perhaps be hotter to in why the books were taken. r/NMN said Mr Hartley was advised to do so. 'anced £400, and he was entitled to all his

Mr 0. h. DennißTon Bald It seemed to him a monstrous thing that tho Assignee ehould nod have tho boohs, without which It, wouid bo u3e1038 for him to tako any action. Eo for ono would be quite prepared to support Miyftcticn the Assignee might take to get poßsesalon o! tho books. Th« ABSiaNRa said thero could bo no justification for the action taken, aa Mr Hartley's position could not be in any way prejudiced by the Assignee holding the books, as he would then be acting fa trustee for Mr Hartley a] much as far any other creditor. Mr Faoan moved -'"Chat tho Assignee bo empowered to obtain possession of bankrupt's books, and that the creditors be responsible tor tho cost] of any any nocssi&ry proceedings for their recovsry." The "motion waj unanimously agreed to. The Assignee said tho next thing was to consider whether It was necessary to tako any steps to establish the legal rights of the parties with regard to the book-debts. Ho did not think it was deslrablo to go into tho lagal points, but he thought thmi was little doubt that tho book-dobta belonged to the creditors. Mr Hartley had a perfect right to try that before tho Judge. That aloo wag a matter that would Involve ho mo little expense. Unless they got the book-debts ho did not gee how they could go on. Mr Hartlet: Have you any moral right to thorn ? The AaaiciNKK thought this was a case where the moral rights were identical with the legal rights. Mr Denniston thought that surely there ehould bs mors than enough In tho property and the book-debts to satisfy Mr Hartley's claim. Ihe Assignee was afraid not, It would dopond upon how the proporty Was realised. Mr Hartley sold .he thought the Assignee had don'6 him scant just'oa as to the part ho had taken in this affair. At a meeting previously held he had expressed his willingness to sacrifice, part of his Security for the benefit of the rest of the creditors. He had offered to Rive up half of his security, so as to enable the rest of the crodltors to got something. The Asßignee, howevor, had been representing him as a fearful fellow, and had been putting a colour on matters which they did not bear. His s >lo endeavour had bosn to Btop the Bile and save something for everybody, yet ho had got small thanks for it. Tho Assionhe said he was quite willing to explain that Mr Hartley had oflei-ed to forego half his claim if the landlord would do likewise. He admitted thai Mr Hartley in that matter acted very fairly. Mr M'jJKiY thought ho acted very generously. The Absionhe taid that'if had expressed himself strongly ic was because he felt very indignant with regard to the action taken in reference to the books. Aftor somo further consideration It was rtßOlved that Mr Kilgour ehould be authorised to keep the business going pending ita disposal by tender of otherwise, and that his partner (Mr H'Naughton) should be retained as manufacturer. - The meeting was then adjourned till Monday next, at 11 o'clock, to enable the landlord and holder of the bill of eale to come to some arrangement as to the mode of disposing of the property, and to make some arrangement with the landlord so as, if possible, to preserve the goodwill by getting a written promise (already given vorbally) to let tho premises at the reduced rectal of 30s per week or less.

ESTATE OF F. &. WHITE, OP WINTON.

(Southland Times)

Tho creditors in this estate met in the Courthouse on Thursday at noon, Deputy-assignoe M'Leod presiding. The debtor's statement showed his total liabilities to be £4043 4a, and his assets £3330, tho whole of the latter baing mortgaged to secured creditors. The Bccurcd creditors were ns follow: Surman and Co. (secured by bill of sale over household furniture, stock-in-trade, mortgage over stock, horcos, and icctlon ia VVinton), £21SfJ ; Southland Building Society (secured by first mortgage over Ballway Hotel, Winton), £030 ; Otago and Southland Investment Company (mortgage over section and property ia Winton), £2Coj—total, £3235; estimated valuo of eecurities, being total assets, £3380. The principal unEecuted creditors were as follow: Colonial Bank, £260, dishonoured acceptances to O. D. Moore; It. I). Yule and Co., £85; Proctor, Jonea.jand Co., £62; T. Jack, £61; O. F. Mcbardaon, £60; y*. Furbea, £J6; W. (imhiU and Co , £31; i homaon and BeatSie, £ 0; J. K. Loa, £25; Southland Times, £1?; aitkinand Co., £%•> ; F. 0. White, £16 ;A. Campbell, £18; and various amounts under £10, bringing the total up to £8034. The Chairman 'points J out that by the statement there was not a shilling for the unsecured creditors, i

Tee Dabtor was examined on oath by Mr Wade (representing the Colonial Bank). Ho had given a bill cf salo lately over Ira movable ■ property to Thomas Surrcan, the date of it being the 23rd February, 'lhat i-.aa over all bis then available assets, tho othtr property being mortgaged Ho know at the time that he had a number of outstanding unsecured liabilities. Ho writ had been Issued against him by tho Colonial Biok bo (ore he gave a bill of sale, but he had received a letter demanding payment of the amount due. He made over all his assets to one creditor for the following reasons: He had boon pushed by Stock and Co., and had endeavoured to raise money in every possible wsy, but without success. They (Stock and Co.) at that time held security over the Railway Hotel and property, and threatened to realise unless their claim was piid. Their claim was £367 for goods, and they wore one of three In a cash credit bond uiSh the Bank of New Zealand for £600. Not being ablo otherwise to settle the claim, Mr Surman agreed to pay off Stock and Co. and tako over their securities. Tha threo parlies to the bond were Thomas Surman, W. J. M:£tott, and Stock and Co. He gavo Surman the bill of sale to pay off Moflett, Stock, and the Sink of New Zealand. When ho gave tho bill cf salo ho got £1300 by cheque from Surman and paid it into -the Bank of Australasia, where ho opened a fresh account. On tho same day as the money was lodged he gave cheques for the whole amount to the Bank of New Zealand, Mr Jloffett, and Mr Stock, so paying oil their claims. The. amounts paid were A3 follow: Stock and Co., £367; W. J. Moffett, £227; Bank of Mew Zealand, £867. Amongst the goods included in tbe bill of sale wore some which had been obtained from Outbrie and Co, and not paid for. Mr Surman said, when tbe bill of sale was givon, that ho would sea the other creditors and arrange with them for time. Ho (the debtor) considered that ho was doing right at tho time. The proceeds of his business he paid into the Bank, giving chequoj for;t in tho ordinary course of business to meet various accounts. He did not tell Mr C. D. Moore or Mr C'olbcck that Mr Eurman would pay -them. Ho to!d Mr Moore, who hod been speaking about his bills, that ho should see Mr Surman and try to arrange with him. He did not expect to bo pulled up in the way he was, and had he not been adjudicated a bankrupt he would htvo gone on right enough. His creditors would bo paid yet: ho would work and make the necessary money. He would not have been able to pay had ho allowed Stock and Co. to sell the house, so ho give the bill of sale to Surman, expecting by that means to ba ablo to carry on the business. He had hod no desire to seek tho protection of tbe Court; it was not bis own doing that he was a bankrupt. By Mr Thomson : It never struck him teat by giving a bill of eale over all his property to ono creditor bo would bring all the ethers down upon him, and that he would get no more credit. — Mr Wado said ho did not uuimiu BeTiCirMea wouM Dtand the test of legal Investigation at all. From what tho debtor said his ground seemed to be quite untenable.

Tho Debtor, in answer to further questions, said he supposed he could have used tho £1300 for other purposes than thoje to which it was devoted had bo so chosen. There was no understanding or arrangement that he should again carry on the business tfter he got through.

The Chairman remarked thai he (the debtor) was not yet through, although perhaps he expected ai sometime to be.

The Dabtor continued that he was not aware when he gave the bill of silo that he wan insolvent.

The Chairman paid the present aspect of the case was that Mr White hod given a decided preference in paying the gentleman he had named.

Mr J. H. Ooddea said that in his dealings with the debtor he had always found him perfectly straight and trustworthy.

Mr Thomson bad also had a high opinion of Mr White, and was very sorry to see him mixed up in Buch a business. He hoped the creditors would agree to bear tho expenso of testing the bill of sale.

The meeting afterwards adjourned, consideration of whether or not Co take stops to teat the legality of tho bill of Eale beltig deferred.

CHRI3TCHURCH CORN EXCHANGE.

Report for the week ending Friday, the 10th lnet.l-

The holidays have encroached to a large extent on business during the past week, and transactions have therefore not been numerous. The tone of the market has not been in any way affected, and all lines with the oxception of barley, which ia a little weaker, remain unaltered. It ia almost needless continually to repeat the fact of so much grain coming forward in bad condition; nevertheless we would still urge on farmers tho propriety of using greater care in classing, on account of many good lines being depreciated by being placed with Inferior lots. Tho following are the latest quotations :,-

Wheat.—Sound dry milling, 2s 6d to 2t 0d ; chickwheat, Is 6d to 2s (f.o.b ). Oats.—Blight milling, 1b lOd; Bound short feed, Is 9d; inferior and discoloured, Is 6d to Is 8d (f.0.b.). Barley.—Prime malting, 3s 3d to 3s 9d; second quality, 2s 9;l to 8a; feed. 1b 91 to 2a (Chiistchurch). Grasß Seed.—Clean farmers' parcels of rye, 2a 6d to S3; machine-dresfcd, 3s 9d to 4s (f.0.b.); cocksfoot, 3{d ; damaged lots, 2d to 2Jd per lb (f 0.b.). Dairy Produce.—Butter, 7d to 8d; cheese, 4d to 4Jd (f.0.b.).