MISCELLANEOUS.

Otaki Mail, Volume XXVIII, 17 March 1920, Page 4

MISCELLANEOUS.

A box in hu-h;.-" man informed a * * ('ll rou ii.de ' ’ representative* that a aood deal of uiistspprc-henslon existe*. in the public mind regarding the profit: that were ttiicg* : to i*e made by sotn* biisi’icssf-s. I:.stance, tin article i: hi- line that was bought for fibs atu si'Ul for fids would !■<■ regarded by thi public as a profit ot fi"s. This was not SO bv a long v. ay. In the lirst place a i pi a cent cash discount, rcproseiitiiif IN tiii. v. as given the customer, bringing the figures from • ■'•'-* to 4*s (■■!: oxer head business expenses on such an artic!,- -were Ills. and thus with the cost price 3Us left a balance of its fid os the net profit on the article, and that must bo nit what is Known us a clean sale. When figur'-d out in this way, business these days was not the extra good thing it was supposed to be. not profits as large as was generally believe-!. The Railway Department has decided that the Key::! train which is to carry rho Price of Wales through the North I Island shall consist of—besides the engine and guard’s van-—three nay coaches. Hite*- sleepers, one Ministerial car. the Vice-regal car. and the Royu, ear at the end of the train. The Royal ec.r is at nreseut being prepared at the Pet one workshops. It is -tr-'c----tood thar hi ail there will be three trains, and thar sortie go to ?■" police will be in attendance. At a meeting ar Wanganui on Wednesday, huge!-'- attended by representative farmers, financiers and business men, it '■■■-.- nnarimously resolved tc form a woollen inti! company in Wan ganui with, a nominal capital oi co. o.ii,i , j I; v] share* of on initial subscription of £lt - ■ >evoral prospective application : tor i.u : blocks oi slur- - wore report'd, and there was a nuaaltnou concon . - of opinion that ,- ,u!y flotation is assured. A strong bcciid of provisional directors was :-.p----p mg 1 lid.