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. P.A. INVERCARGILL, this day. The total turnover of the Invercargill Licensing Trust for the nine months ended March 31 last was £114,868 and the net balance in the profit and loss account was £23,485. , Net losses are shown at £1125, and £16,082 is provided for taxation, \ leaving a working balance of £6277. , These figures are given in the Trust's first report and balance-sheet ' to Parliament, which was presented ! to the Licensing Commission in ! Invercargill yesterday. The Trust borrowed first £50,000 [ from- the Treasury and is financing i the balance through the Bank of ' New Zealand on current account, 1 says the report. A first mortgage and debenture over the Trust's i undertakings has been given to the i bank and a second mortgage to the Treasury. Interest at the bank rate is paid to the Treasury, with a table repayment liquidating £50,000 by March, 1954. "Members of the Trust are well satisfied with the progress made under the limited circumstances, but are of opinion that it would be unwise to judge the experiment too critically at this stage. Even with conditions restored to normal it will be four to five years before a comprehensive judgment would be possible. "The placing of contracts for the erection of temporary bars in the hands of the Public Works Department, was a costly mistake, as the buildings cost over £6000 each," continues the report. "Had the Trust been given manpower and 'materials we feel sure that we could have saved a considerable amount of this unnecessary outlay, The purchase of existing hotel premises and sites for the erection of permanent hotels proved a most embarrassing experience, as most of the hotels, after 38 years of prohibition, had reached the stage Where alterations were impracticable. The taking of buildings and land Under the Public Works Act also proved cumbersome and met with a* considerable amount of opposition from the owners. "Our experiment with the Brown Owl restaurant, where we are dispensing food and drinks side by side, has permitted members to bring about an experiment of sittingdown drinking. Our observation shows conclusively that the effects of alcohol are much _ easier controlled when taken In mixed com- ' pany and we can see no ill-effects ; through children frequenting this 1 restaurant with their parents, . although Isolated cases may be cited : where women take drink when , accompanied by their children. Public opinion in Invercargill is very strongly in favour of this class of restaurant. "We also find that the proportion of accommodation and drinking are not equal in our city and propose to erect a few taverns in the suburbs where drink, and refreshments only are to be catered for. This service will provide afternoon teas for ladies as well as drink for the public. In other words, we consider that it is not necessary or desirable that drinking houses should be only attached to hotels,' 5 adds the report.

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Bibliographic details

TRUST CONTROL, Auckland Star, Volume LXXVI, Issue 183, 4 August 1945

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TRUST CONTROL Auckland Star, Volume LXXVI, Issue 183, 4 August 1945

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