THE SHAREMARKET

Wanganui Chronicle, Volume 72, Issue 106, 6 May 1929, Page 9

THE SHAREMARKET

DOMINION EXCHANGES. SATURDAY’S TRANSACTIONS. [ Per Press Association. ] DUNEDIN. Moy 5. Sales Reported.—Bank of New South Wales, £5l 15s; New Zealand Breweries’ shiaes, 63s 3d; Electrolytic (prof.), 36s lid. Limited. The tug is 45ft in length, and has a beam of Lift 4in. A trial run to Bean Rock was made, the tug averaging a little over nine knots. Trial manoeuvring was carried out in the Auckland harbour to demonstrate that the tug could be controlled entirely by one man on the bridge, without attention being given to the engine. THE TARANAKI The. Shaw, Savill motor vessel Taranaki is expected at BluF on the 17th inst. from Townsville to load meat, dairy produce and general cargo, leaving later for Port Chalmers, Timaru. Lyttelton, Wellington, Gisborne and Auckland. The vessel is scheduled to sail from Auckland finally on June 12 for London via Panama. NEW MOTOR LINER The new Britannic, the first motor vessel of the White Star Line, will be launched from the Harland and Wolff shipyards at Belfast next month. The new r vessel is 27,000 gross tons, 680 feet between perpendiculars, has an 82 foot beam, and a depth of 43.9 feet. With the graceful flowing lines for which White Star ships are famous the cruiser stern and two-stumpy funnels —the characteristics of the motor vessels—the Britannic will have a distinctive appearance. The motive power to drive the Britannic will be supplied by two--10-cylinder Harland B e and W. double acting motors, while throughout the ship the fullest use will be made of electricity, both for navigating and controlling the ship, for cooking, ventilation, and for operating the enormous amount of service machinery neccessary in a ship of this size. Designed to carry cabin, tourist third, and third class, the Britannic has a passanger capacity of more than 1500. One of the outstanding features of the passenger accommodation is the provision of a large number of single rooms, an addition which is certain to prove very popular with the travelling public. The public rooms of the ship will be remarkable for richness of detail, beauty of design, and perfection of appointment, and with the advent of the Britannic a new standard of luxury \vill be set on the Atlantic. Constructed for service on the New York-Liverpool run of the White Star line, the Britannic will make her maiden voyage late in the new year, and during the European winter of 1929-1930 will make two cruisers to the Mediterranean. The Britannic is an honoured name in the White Star Line, and the new ship is the third of tho name. The first Britannic, 5004 tons, built in 1874, was recognised as the leading ship of her time on the Western Ocean. The second Britannic, 48,158 tons, had on opportunity to make history for herself, as she was launched in 1914, and in 1916, when acting as a hospital ship, was mined in the Zea Channel. GOLDEN STATE COMING j Cable advice has been received by Henderson and Masfarlano that the Oceanic and Oriental Line’s steamer Golden State left Los Angeles on May 1 with cargo for discharge at Auckland, Wellington, Timaru, and Dunedin. She is due at Auckland on May 27. TREGENNA SAILS The Hain Line’s steamer Tregenna, which was held up in the stream since Wednesday owing to trouble with the crew, sailed on Thursday for New Plymouth and Wanganui to complete her discharge of Nauru phosphate. From Wanganui the vessels proceeds to Nauru Island to load again for New Zealand or Australia, PORT DARWIN TO LOAD Leaving Wellington on Thursday for Napier, Gisborne, and Auckland, the C. and D .Line’s steamer Port Darwin is duo at Auckland on Friday next to complete, her loading. It is hoped to dispatch the vessel the following day for New York, Boston, Halifax, and London. CAPACITY OF LYTTELTON HARBOUR. The capacity of tho port of Lyttelton to accommodate modern liners was demonstrated in the case of tho New Zealand Shipping Company’s motor ship Rangitiki, which on arrival was safely and expeditiously berthed at No. 6 jetty, drawing 29ft ’fiin forward and 32ft 4in aft. Prior to the arrival of the Rangitiki, the largest mercantile vessel to berth at Lyttelton was the Suovic, in January, 1919, with a gross tonnage of 12,686 as compared with the Rangitiki’s 18,000 tons. The Suevie’e draft on arrival was 21ft 6in forward and 23ft aft.