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Shannon News, 2 August 1921, Page 2

A debtor stated in the Magistrate's Court at Auckland on Wednesday that he had borrowed £4O on his furniture and had to pay back £sl, at the rate of £1 per week. ' The Government has decided t it racing clubs must not only hand over all small fractions of dividends, but also unpaid dividends, to the Commissioner of Taxes. An observant dairyman, though he has grown fairly good shelter,- says that by rugging his cows he has in-, creased the milk yield by 25 per cent. He removes the covers on warm days and hangs them in the air to dry. The Mercantile Gazette says; “It will be some time before the easing of credit will be felt in New Zealand. In any case, our banks are not likely to help the situation until the liquidation of stocks is’more advanced.” Information has been received in Levin that the JRongotea Dairy Company has received an offer for its butter output for the coming season that would enable it to pay its suppliers 2s per lb butlerfal.