MISCELLANEOUS ITEMS

Hokitika Guardian, 30 April 1927, Page 4

MISCELLANEOUS ITEMS

Australian & N.E. Cable Association.] IX THE COMMONS. j I Received tins day at 9.30 a.m.) LONDON', April 29. ’ In the Commons Hrskine inquired if Australia and New Zealand had offered to contribute to Singapore, bow much and what eondtions. Mr Baldwin said: “As far as Australia is concerned I must refer you to Mr llruce’s statement at the Imperial Conference.” He then outlined Mr Coates’s recent announcement without comment. The Mouse discussed a private lull regulating employment of married women. I.ndy Aster in a lighting speech turned sharply on her opponents. notably Captain Bourne, for savin'' married women were inefficient.

ENGLISH RACING. LONDON. April 29

Olio Thousand Guineas (Newmarket) resulted:—Cost.arun 1. Book I.aw and : Endowment (dead heat) 2. 28 started. I BILLIARDS. LONDON, April 29. The closing billiard scores were: Reece (playing) 5875, Peall 4485. T.l'.C. C ONFERENCE. LONDON, April 29. The T.l’.C. Conference rejected an ameiidment instructing the General Council to prepare for a .general strike. X.S.W. LOAN. 0 )NDON, April 29. Ale McKcII says the New Zealand, hum v.as long anticipated am! is therefore unlikely to prejudice New South Wales Conversions, in which direction a; gotiat ions are progressing. EMPIRE TRADE. ! LONDON, April 2S. At the annual meeting of tin: Association of British Chambers of Commerce. resolutions were passed deploring the existing tariffs as harriers to trade within the Empire, and urging Oovememnt to take every practicable step to remove them. A delegate from Nottingham said while the manufacturers there entirelv favoured de-

veloping trade relationships with every part of the Empire they could not do so if the Dominions placed such ■•estfietive tariffs on British products, particularly hosiery, as effectively to exclude them from the market. A delegate from Leicester said if the new Australian tariffs were imposed, thousands of Leicester workers would V* idle. Agent-General Price said all faults verc not with the Dominions. A •rent deal of education as to what the Empire meant was needed in Britain ’c did not think Britain, had any com'hunts to make about Australia amt 'few Zealand. The greatest offenders is regards tariffs in Australia were cople from Britain who went out and ‘•nmediately worked the tariff to prn- >< t their industries, fie concluded: ' You want to put your own house in order.”

A TICK I ..A X D SWINGS BAN K. Ai:CKI AND. April 27. “Eighty years of uninterrupted pro-a-ess is a record t i he proud of. the •ignilir-snec of whic h is seen when contoured with the first balance sheet of ■t’le hank, in which Ihe total funds re shown at £lll3. To-day, as you ■ill observe, cur funds total £5.274.- ' ’•). of which £4 791.810 represents the direct savings of the people.” So stated Air Alfred 8. Bankart, chairman, at. the aunt.el mcetirg ei the trustees of the Auckland Savings Bank to-day in mentioning that the 80th anniversary of the hank or,Urie l in June. Continuing, the speaker said the financial standing of the Bank was: in a most satisfactory condition. Loans on mortgage stood at '£2,502,400. and as advances were made on approximately a fifty-fifty basis, a margin of probably well over two and a quarter millions existed before the reserve of £455.000 would he called upon. Debentures at £1.985,452 were of undoubted security. cmiprisiiig loans to the Government amounting to £1.119.720, ami to local bodies £835.710. “The profit for the year was £70,8.15 (£02,148),” said Mr Bankart, “and after making full provision for ascertained losses and depreciation of furniture we have a surplus of £o7,il'-' (£57,088), to which has to be added the Jubilee Institute for the Blind, the amount brought forward last year 1310,313 (less a donation of £SOOO to and £3OOO to the Knox Home for Incurables, duly paid over during the year), making a total of £70.055 (£OO.343). From this wo have passed to the reserve and investment fluctuation account £50.C00, thus increasing that fund to £-155.000, which is equal to 18 per cent on our mortgage investments, or over 10 per cent of our mortgage and debentures investments together—a very sound position. “We are carrying forward to next year’s accounts £20.055, but in accordance with your decision, have earmarked for donations the sum of £17.509being £12,500 to the Auckland War Memorial Museum; £3OOO to the Auckland Sailors’ Home, and £2OOO to the Auckland branch of the Plunket Society. When payment of these amounts lias keen made, the balance to the Profit and Loss Account will stand at £2555. The result of the year’s business easily constitutes a record in the history of the bank.” A LUCKY FIND. AUCKLAND FAST. April 30. The- day alter the city elections, an Auckland business man discovered the loss of a Clsoo cheque. On the chance that he may have deposited it in the ballot box when voting, lie notified the City Returning Officer and yesterday the cheque was found among a bundle of papers, whene boxes from the booth concerned were opened.