THOUGHTS FOR THE TIMES.

Hokitika Guardian, 5 September 1928, Page 2

THOUGHTS FOR THE TIMES.

Tim New Hank. ()f all branches of commerce hanking shows the smallest number of now notations. To establish a bank involves raising a large amount of capital, and existing institutions are well entrenched in years of service. The two purely New Zealand hanks now doing business to date to 1861 (New Zealand) and 1873 (National), and the Colonial Bank founded in 187-1. died as long ago a.s 181)0, which date was about the I loginning of our long period of prosperity. In the intervening thirty-three years there 'has been only one addition to the banks doing business in Now Zealand—the Commercial Bank of Australia, which opened its doer*'

in 1912. Of course, the enormous growth of trade during this period lias made hanking very profitable, and it is not surprising that men outsit! ■ the circle of these fortunate shareholders should wish to share in this lucrative business,

Messrs Paterson Michel and Co. Ltd. wore advised this morning that the Zingarii had left Nelson and was due at Hokitika to-morrow.

The Westport “News” states: Tho AVostport Coal Company’s output last week was 13,309 tons 8 cwt., with local sales 170 tons 18 owt. and coke 105 tons 19 cwt. Tlio coal output was the Company's lest for some years.

A meeting of the Appointment Committee of the Westland Sub-Union will be held in Keller’s Sample Hoorn this (Wednesday) evening. Business: to make arrangements for the Canterbury v. Westland match on Saturday.— Advt.

A final word to those who propose attending the Hospital Bull at. the Drill Hall to-night when patrons will bo assured of a perfect night’s enjoyment. Tho finishing touches wero last night given to the decorations and floor and tho supper will be an additional item of first class excellence. To-morrow night tho children’s fete at usual prices will take place commencing at 7.30 p.m.

“Laddafre” Hose high pannel strengthened art silk ladies hose, good looking, fine wearing line in sixteen new shades, regular prices 4s Ud, McKay’s Special Price 2s 6(1 pair.—Advt.

AVe are shewing the advance styles in spring millinery, also exclusive robe lengths in artificial silk dress goods, comprising spots, stripes, and bordered effects. Inspection invited.— Schroder and Co.—Advt.