THE Kaipara Advertiser. AND WAITEMATA CHRONICLE. WEDNESDAY, JUNE 19, 1912. THE FOUR MILLION LOAN.

Kaipara and Waitemata Echo, 19 June 1912, Page 2

THE Kaipara Advertiser. AND WAITEMATA CHRONICLE. WEDNESDAY, JUNE 19, 1912. THE FOUR MILLION LOAN.

The Financial New does not love New Zealand, and the Standard is an impartial paper. Both unite in announcing the issue of the four million loan as imminent at a price superior to that at which the much discussed five millions came out last year. One per cent for underwriting against two, and a minium of £99 against one of £98, make between them decidedly good contract. It only remains to regret the allusion made by Sir Joseph Ward at the Wellington rehabilitation to this loan as having been withdrawn out of compliment to the wishes of the Opposition which had been wrangling against all loans, and insisting on putting in the plug. It appears now that the loan was not proceeded with at the beginning of the year because the market was not too favourable. It is now apparently all that could be desired and we shall get our money less only one per cent. Apparently it is going to be a fairly good loan. Much was said last year about the awful fate of the underwriters left with most of the loan on their hands for the moment. Vain was it to urge that these people knew what they were about and needed no pity therefore. The critics of scorn danced on the plea with much laughter. But here we have underwriters undeterred by the fate oj those who were tempted by a fee of two per cent on five millions, readily taking the risk for one on a loan of four millions. Let us be thankful for our good credit, and turn the hoss of ridicule on all politicians misguided enough to try and make capital out of it.

Application for the position of Clerk to the Town Board will be received up till Friday June 28th,

A meeting of the Helensville A. and P. Association was held last Saturday when the rival uf the catalogue was gone into for the coming show.

The opening of the Hunt Clnb will be held on June 27th. • The meet will start from the Public Library at 2.15 sharp. All members who received invitations last year ate invited to attend this years' meets.

An advt calling a meeting of those interested in the Central Railway Station pioject is called for Saturday evening next in the Public Library at 8 p.m. All those who have the welfare of the town at heart should at tend.

A football match between Helensville and a Fishermen's team will be played on Thursday afternoon. The Cup matches will be Helensville v. Otakanini at Helensville, and Parakai v. Woodhill at Wharepapa.

Mr. R, J, Vercoe, has disposed of his farm at Tokatoka to good advantage, and intends to take up hie residence at Mt Eden, where he has a residental site.

We are informed that the Kaipara Dairy factory will pay to suppliers l£d bonus per lb on butter fat, with the advance of 10id, this makes Is per lb for butter fat supplied to the Factory to the end of March last.

The interest in Saturday's match by the lady barrackers was very marked. One gentleman, who voiced his opinions contrary to a lady, got a smack in the face. He took to the other side of the field, and the lady still barracked for her side.

The Perry's Pictures show to-night and to-morrow night, one of the best programmes yet been produced in Helensville, which includes : " British birds of Prey," " Saved from the Torrents," 'Bobby practices Ju-jitsu," " Eobert Bouce*" «• Doctor's dilemma," G-auniot Gazette, " Kitty in Dreamland," Ramble through Devonshire. " Dad's girls*" and " Tontoline's Ma-in^law,"

The Parakai Euchre Club held a very successful Long Night Euchre and Dance last Friday, there being a large attendance. Euchre was played until about 10 o'clock, and after refreshments, dancing was indulged until the small hours of the morning. Miss 0. Donovan was the winner of the ladies' prize, and Mr R, Hunter won the gentleman's prize.

Mr T. M. Wilford, M.P., and late Mayor of Wellington, was accorded a welcome home from his tour abroad, on Friday afternoon. The gathering consisted of city councillors, and their wives, and the principal members of the municipal stafly numbering altogether about 50. Mr D. McLaren, Mayor, presided. In his reply, Mr Wilford said the doctors at Home told him that if he had not gone away he would have been dead now. He felt better that day than at any time during the last five years.

Residents in the District are reminded that Fry and Potter, "The Strand" Auckland are posting to your homes splendid unshrinkable Flannels for 3s 11 d ; Heavy Kibbed Wollen Underpants 3s lid ;Jgoods erviceable work* ing Trousers 3s 6d ; Mens fawn Canvus Overcoats with leather straps 22s 6d.—Advt.