1,-17

10

" The rates of pay are as follows :—• " Wages rates for females : — Minimum. Maximum. Age. £ s. d. £ s. d. 15-16 .. .. .. ..100 176 16-17 .. .. .. ..150 112 6 17-18 .. .. .. 1 10 0 1 17 6 18-19 .. 1 15 0 2 2 6 19-20 .. ■■ •• ..200 276 Over 20 .. .. .. ..250 300 " Wages rates for males : — Under 17, £1 7s. 6d. ; under 18, £1 13s. 6d. ; under 19, £2 13s. 6d. ; under 20, £3 3s. 6d. ; under 21, £4 ss. If in charge of two or more, £4 155." The following statement regarding income-tax, &c., was handed in by the company : — A. Payments made in the Dominion of Companies operating at Petone Factory oe W. D. and H. O. Wills (N.Z.), Ltd. £ 1. Income-tax paid, February, 1930 .. .. .. .. .. .. •• 13,940 For Period of Twelve Months to 30th June, 1930. 2 and 3. Railage, freights, cartage, wharfage, and insurance paid on shipments of goods within New Zealand 19,110 4. New Zealand sawmillers, for packing-cases, other than those made on premises. Timber used is largely from second-hand cases .. .. .. .. .. .. .. • • 2,998 5. New Zealand paper-mills, for packing-paper, &c. .. .. .. .. . . . ■ 437 6. New Zealand tin-manufacturing, for tins, canisters, &c. .. .. .. .. 10,746 7. New Zealand printers, for labels, containers, showcards, &c. .. .. .. • • • • 36,075 8. Other requisites from New Zealand manufacturers .. .. .. .. •• •• 3,500 9. New-Zealand-grown leaf purchased, 1930—245,6321b. .. .. .. .. .. .. 25,828 10. Wages and salaries .. .. .. .. .. .. .. .. •• 102,870 £215,504 Tobacco-growing Companies in New Zealand. While the manufacturing companies all have as one of their objects the planting and growing of tobacco, their actual operations do not enter this sphere. The growing is done by small farmers on contract under supervision of instructors supplied by the two companies. Following on the success attained by the small farmers in the Nelson Province, there has been a sudden flotation up of tobacco companies in the Auckland Province. These companies are : — (1) The New Zealand Tobacco Co., Ltd., which is a public company registered at Auckland with a nominal capital of £100,000, a subscribed capital of £75,000, and a paid-up capital of £72,732. (2) The Union Tobacco Co. of New Zealand, Ltd., a private company registered at Auckland with a nominal and subscribed capital of £1,000. (3) The Tauranga Tobacco and Citrus Co., Ltd., which is a public company registered at Auckland. Nominal capital, £20,000 ; subscribed capital, £19,930 ; paid-up capital, £4,090. (4) The Tobacco Development Co., Ltd., registered as a private company. Nominal and subscribed capital, £1,000. This company is in liquidation. (5) Tobacco-growers (N.Z.), Ltd., is registered at Auckland as a public company. Nominal capital, £25,000 ; subscribed capital, £18,001 ; paid-up capital, £16,460. This company has also issued debentures to the value of £5,500. (6) The Standard Tobacco Co., Ltd., is registered at Auckland as a public company. Nominal capital, £55,000 ; subscribed capital, £20,555 ; paid-up capital, £6,663. (7) Auckland Tobacco-growers, Ltd., registered as a public company at Auckland. Nominal capital, £150,000 ; subscribed capital, £13,007 ; paid-up capital, £13,007. (8) Empire Tobacco Corporation, Ltd., is registered as a public company at Auckland. Nominal capital, £250,000 ; subscribed capital, £146,000 ; paid-up capital, £146,000. This concern was originally a syndicate of fifty-two shares, and when the company was formed the holder of each share received 2,807 shares in the company. (9) Pacific Tobacco Industries (Australasia), Ltd. This is a public company registered at Auckland. Nominal capital, £90,000 ; subscribed capital, £2-3,220 ; paid-up capital, £5,805. (10) Tobacco-producers Trust, Ltd., is a private company registered at Auckland. Nominal and subscribed capital, £25,000. (11) United Tobacco Corporation, Tauranga, Ltd., is registered at Auckland as a public company. Nominal capital, £125,000; subscribed capital, £7,356; and paid-up capital, £1,839. The Registrar of Companies in a report to the Committee states :— " Regarding the, amount of public money invested in the Auckland Province, the position is that the subscribed capital of the eight public tobacco companies registered in Auckland is £349,769, of which £266,596 is paid up. One of the companies has issued debentures to the amount of £5,500 (110 of £50 each). It is not required by the Companies Act at present in force that issues of bonds