I.—10

102

From E. G. Barker, Flour-merchant, 162, Clarence Street, Sydney, to Mr. F. Williams, Christchurch. Dear Sir,— " 27th March, 1903. Your wire to ship 10 tons of Pillsbury's Manitoba flour to hand. The " Lochthrool" commences discharging on Monday, the 30th, and I hope the flour will be landed in time to catch the " Mararoa," leaving on the Ist. If this is impossible it will catch the " Zealandia " on the Bth. You will find this flour the best you ever received. The only brand that is perhaps better is the Gold Medal, which I will be able to ship any time after the third week in April up to the end of May, same quotation as last. Would strongly recommend you booking some of this brand. Yours, &c, E. G. Barker.

M. The Atlas Milling Company (Evans and Co., Limited), to Mr. F. K. Williams, Christchurch, Dear Sir, — Timaru, Bth August, 1902. Yours dated the 4th instant to hand, and should have been replied to before, but the writer has been in Dunedin, and only returned to-night express. Re delivery of flour :We are at liberty to sell our output outside the association should we desire to do so, but have promised them we will not go outside them, except they fail to let us have the output we are entitled to. Just now they are trying to deal fairly by us, and we do not care to rail to Christchurch, for if we did so we would cause dissatisfaction with Christchurch millers. Have therefore to for the present decline to quote for Christchurch delivery. Thanking you for your letter. I remain, Wm. Evans, Managing Director (For Evans and Co., Limited).

N. Eeturn showing Deliveries of Flour to F. Williams, Baker, for Two Years beginning September, 1901, and ending August, 1903. New Zealand Flour-millers' Co-operative Association (Limited), Branch Office, 142, Cashel Street, Christchurch, N.Z., 17th September, 1903. 1901—September, 21$ tons; October, 22 tons ; November, 18 tons ; December, 25 tons. 1902 —January, 16 tons ; February, 23$ tons; March, 17$ tons; April, 21 tons; May, 17$ tons; June, 19 tons ; July, 17 tons; August, 19 tons ; September, 29$ tons ; October, 22 tons ; November, 5 tons; December, Nil. 1903—January, Nil; February, 26$ tons; March, 18 tons; April, 13$ tons; May, 21 tons; June, 27 tons; July, 22$ tons; August, 27 tons. Total quantity delivered in two years, 449 tons. The New Zealand Flour-millers' Co-operative Association (Limited) (per H. E. C).

0. The Net Cost, Cart Trade, of working 6 Tons of Flour. £ s. d. £ s. d. To 6 tons flour, at £12 per ton ... ... ... 72 0 0 Less 2$ per cent, discount... ... ... 116 0 70 4 0 Less 60 sacks, at 4d. each ... ... ... 10 0 69 4 0 Wages— Foreman, £2 15s. ... ... ... ... 215 0 Second hand, £2 10s. ... ... ... 210 0 Two third bands, at £2 ss. ... ... ... 410 0 Three carters, at £2 ss. ... ... ... 615 0 16 10 0 Sundries— Potatoes, 4 sacks at 9s. per sack ... ... 116 0 Firing ... ... ... ... ... 110 0 Yeast ... ... ... ... ... 10 0 Salt ... ... ... ... ... 0 10 0 Eent of bakehouse ... ... ... ... 0150 Feeding three horses, 12s. 6d. each ... ... 117 6 Wear and tear of carts and harness ... ... 010 0 Books, bill-heads, &c. ... ... ... 010 0 8 8 6 94 2 6 Balance CO. ... ... .. ... ... ... 27 7 6 £122 10 0 This profit equals 28J per cent, on net cost.