TELEGRAMS.

Hokitika Guardian, 10 September 1920, Page 3

TELEGRAMS.

(Per Press Association.)

REGISTRATION OF COMPANIES. AUCKLAND, Sept. 8 Since the war there base been an nb normal number of new companies form ed in Great Britain, and according ti the cable news there has been a remarkably large amount of money -available for investment. These conditions have been reflected in Now Zealand. Enquiries made this morning of Mr W. G. Fletcher, Deputy Commissioner of Stamps and Registrar of Companies, show that there has been an exceptional number of companies formed during the present year. Even during the old days of the mining boom, when new concerns were as plentiful as mushrooms after rain, and the printing of articles of association was a profitable occupation, Auckland never added more than one hundred names to the company list in any one year. - F<JV the eight months of the present year, there have already been 120 new companies registered, and before the year is ended the number will probably reach 150, which will make 'a record. A commercial man who was seen said the activity had nothing to do with speculation. It meant, for one thing that there was quite a lot of money about, and commercial ventures were more popular than Government and local body securities. HOCKEY. GISBORNE, Sept. 9. The semi-final of the Ladies’ Hockey Championships was played to-day between Canterbury and Poverty Bay. The weather was ideal and the attend- 1 ance estimated at between five and six thousand. The two teams were evenly/ matched and amidst intense excitement the whistle blew with the score one each. Richie netting for Canterbuiy jynd K. Nelp for Poverty Bay. The match preceded a game between Wellington and Manawatn, which resulted in a draw of three goals each. Martin (2). ajnd Williams scored for Welling- j ton, and Pitt for Manawatn. To-mor-row Poverty Bay A. play Auckland for the championship.

POSTAGE, OF MAZAZINES. WELLINGTON, Sept. 10.

Representatives ;of booksellers and stationers waited on the PostmasterGeneral to-day in regard to increased charges for posting magazines, and pointed out that the charges for letters had been doubled compared with prewar rates, hut the charge for magazines had been quadrupled They suggested a revised scale. The Minister replied that when he heard there was a complaint albout the new rates he had it gone into by the Secretary of the Post Office, with the result that what the deputation had contended had been found to be correct. -Whew scale had been submitted and he would approve of it. Great minds must (have thought alike, for the scale was same as that proposed by the deputation. The new scale would charge two pence for eight ounces and a penny for every " additional eight ounces. -