NO EXTRA TAXI LICENCE FOR PAEKAKARIKI

Dominion, Volume 36, Issue 33, 3 November 1942, Page 2

NO EXTRA TAXI LICENCE FOR PAEKAKARIKI

An application for an extra taxi licence for Faekakanki was heard by tho Transport Licensing Authority, Mr .1. Skoglund, in Wellington yesterday. Counsel for the applicant contended that I'aoknkariki was particularly ill-served with only one taxi licence, as the present holder had other interests, and was not always available. Few trains were met, and many people had up to u mile and a half to travel from tha station, which wap a terminus for many trains. The population varied from about 800 in thg winter to 1200 in the suuinier months. Mr. 8. Tansley supported the application, stating that he thought there was a definite need for another taxi licence in Puekakariki. Mr. Skoglund asked, if a man. could make a living by driving a taxi tn lackakariki without auy other employment. Mr. Tansley thought that was highly improbable. t . Mr. Skoglund said that was the test of the whole matter.- In normal times the issue of licences',Xqr. taxis was based ou one per 1000 of population, and even then Faekaknraki did-not measure tip. People would simply have to go without taxis and other conveniences tor transport. Tho application would not be granted.

Broken Hill South Dividend Broken HUI South Ltd. has ileclared a dividend of 1/- a share, payable in Melbourne ou December 23 Transter books will close on November 10. Sharland & Co. Profit The accounts of Sharland and Co., Ltd., for the vear ended August 31. ebow n net profit of £40,914. Provision for taxation is £30,000. and £2OOO is placed to general reserve The final dividend of 2J per cent, and bonus of 2 per cent., making 7 tier cent for the year, already announced, absorb £5625, leaving £7927 to be carried forward, against £77(13 brought In. Stocks are lower bv £4668. and book debts higher bv £8735. due to Increased turnover. Crons profit ar £96.136, Is higher by £19,365. The report states that tho new factory is making good progress, and though restrict-

ed by raw materials, continues to supply drugs mid pharmacfutjcala which are now being titled in greater quantities. Stock Exchange Sales Dealings in stocks and shares recorded on New Zealand Stock Exchanges yesterday Wore as follows, the number of shares in each lot being shown in the ease ot Wellington :— M’ELLINGTON.

AUCKLAND. laser. Stock, 3 per cent., 1952-55, £99 10/-- Comm. Banking Co. of Sydney, £l> 10/.: Bank of N.Z., £2; South British Insurance, £3/3/9: Goldsbrough* Mort, .£1 7/-: Auckland Gas (2). 7/-; Dominion Breweries. £l/S/9; Consol. Brick (3). ?/!♦; Wilsons Cement, 17/9; Broken Hill bouth. Emperor Mines, 10/9. CIIKISTCHUKCir. Christchurch Tramways, 4J per ,£ e nt-» 1951, £ WiB; N.Z. Drug Co., £-1; M ool; worths (N.Z.), 14/U; Broken Hill {South, £l/-t/-» Gold Mining The Ngaltere dredge for October returned 1,15 ounces for 524 hours from 217,739 yards. The Associated Gold Dredges return tor (he five days ended October 31 was 13b ounces from 56,000 yards. The following information has been cabled to tho London office of the Murtha Gold Mining Company (Waihi), Limited: For tho period ended October 17, 14,299. tons of oro were crushed for a result ot 3672 fine ounces of gold aud 29,838 fine ounces of silver. Crushing time was 20 days. Doav Jones Averages (By Telegraph.-P *ess Assn.—Copvright.) NEW YORK, November 1. Dow .Tones averages (1926 equals 100) and turnover on the New York Stock Exchange compare as follows: —

Pukekohe Produce Prices s Dominion Special Service. PUKEKOHE, November 2. Supplies of new potatoes from growers at Pukekohe are increasing, but ure being absorbed readily at the new ceiling price of 27/!i a cwt Thte price came into operation today and compares with the rate or £3l/10/- a ton merchants wore paying hist week. Cauliflowers remain at I*-/- a <‘hapman bag and cabbages at 11/-. swedes are going away at 12/- ? cw J/‘ thert is practically nothing else in other root vegetables at present.

British India S.N. Co., Ltd. The profit of the British India Steam Navigation Company, Limited, toi tin. vear ended September 30. to £203.008. compared with 1.4)i..1* the previous vear. This figure includes surplus on r'ealizatlon of Government securities totalling £170,492 (nil). The dividend on the ordinary shares is maintained at « Per ‘’('“t-- carry-forward being £62,576. The balance-sheet totals at £17J69.00S (£12,638,485). '

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2(1 Rail roads. 82 Indus! rials Shares . sold. 11M1 (Illg'll) .... :u>.«ss 133.50 — 1911 (low) . , 21.15 100.27 Oct. . . . 28.70 113.SO 02H.PW Oct. •*Q .... 28.01 11-3.11 •i'humw Oct. 29 . f»» * 113.1.1 453.000 Oct. :m ...» .... 2S.GI 113.50 ,->17,(HUI Oct. 114.07 330,000