THOUGHTS FOR THE TIMES.

Hokitika Guardian, 11 August 1925, Page 2

THOUGHTS FOR THE TIMES.

Wantkd. Economy and Tnitii r

After all ha- been said and done, tile financial .-hip of the State is cruising among shoals. Careful steering is essential. The margin of gain from the excess of exports over imports is still much too thin, and tends all the time pi further shrinkage. The Dominion has to borrow at the rate of nearly seven million pounds sterling a year to meet its interest on debts and promote development of national resotirce.s. It is the duty of the Government to lead the country in the practice of economy and thru b. —Christchurch “Sun."

Mr A. B. Spiers of Kumara has kindly donated a prize for the hat carnival at the Hospital Ball. Messrs Alex.. 1).. and H. T). M bite, opossum trappers at Humphreys, ill another column, relute the rumors ol their having poisoned opossums and offer a icward of £5 for information leading to the conviction ot the person circulating the rumour. Newmans Motors Ltd. have a few seals m the ear conveying Messrs Lawn and Gibbons to the Hnrihari Sports hall on Thursday leaving at 5.30 p.m. Early application necessary special price.—Advt. The ladies of the Hospital Ball committee are at present engaged in making their annual canvass of the town lor donations towards the supper for the hall and for contributions towards the Hospital Fund. The public have always contributed in a very generous manner to this annual event, and it is hoped that this year the efforts of those ladies who s> willingly give their services to making the event a -success will l>e rewarded by as hearty a response as in previous years.

The local corps of the Salvation Army are having a visit from Brigadier Wallaee and Major Bear. These gentlemen are responsible for tils' work of the Salvation Army in the Christchurch and West Coast districts, and being men uf big oxepriences they w ill he giving to the people of Hokitika a real fine night. Both these men are able musicians, and we would like lo giv them a real good welcome to our midst. The programme for to-night will he community singing, also a few spci ial items of solo work.

A statement of the affairs of the Bimu Gold Dredging Company appears in the last gazette which shows the company was registered on July 2()lh. 1920, with a nominal capital of £250,000. the amount paid up in cash being £l-12,8(53. The sum of £1 per share was called tip. there being no arrears of calls. The number of shareholders at the time of registration was 33. and at present 35, while on men are employed. The quantity ol goid produced since last statement was 10.000 ozs. valued at £17,120 and since registration the total quantity produced was 35.0-16 ozs., valued at £151.350. The amount expended since last statement in connection with the carrying on of operations was 031,038 and total expenditure since registration, £IOO.<V29. The amount of dividends declared total 09819, of which £25 -Is Oil have not been claimed. The amount -of debts directly due to the company is £12.181 9.s Id and debts owing by the Company £2-188 7s Oil.

A writer of Rugby notes in the X.Sportsman, referring to the mu

ol 31 r 31. Mali'my formerly of Hokitika says:— ALill'roy (’Varsity) has improved greatly and has fully ju-ti-lled his rise to the ranks ot a Wellington representative. As a wtug-three-quartcr. he is among the 1 '-st in New Zealand. His great- speed and Ills determination tu excel make him a good man in any team. Given the ball, and fair room to move in, he is a hard man to stop, and would lie a

great deal more dangerous il lie "'ere not quite so light. He is a splendid tackier, going fur his man hard and low. Again by reason oi his speed ho quickly overtakes most men well on the way to score. ’Yarsitys’ success Has been in no small way attributable to the good all-round play uf Malfroy.