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Bruce Herald, Volume LV, Issue 64, 21 August 1919, Page 3

Tlie authorities of the Bunk of New Zealand state that the Minister of Finance has sanctioned the bank's proposal to call up £3 Gs Sd per share of the uncalled capital on ]50,000 ordinary shares of the bank ix i present paid up to only £!! (is Sd per share. This' increases the' .bank's capital by £500,000. • The 'Alexandra Herald states that, provided a totalisator permit is procured, the newly formed Central Otago Trotting Club purposes to hold a twodavs' trotting- -meeting on .January 9 anil 10, which dates will suitably come in between the Cromwell and Blacks meetings. With a two-days' 'meeting an attractTve. prolamine can "be arranged, wiili prize-money running up to about £OOO. Great quantities of Southland, lignite continue to be carried 'by the railways j to Curistchurch and. other Canterbury stations, and the Christehurcli people I are finding the once despised Southland ] fuel something of a godseud-in the ] present crisis. The fact that its price I <iu trucks at Core is 12s (id a'ton, and ! the retail price in Christehurcli is i3os to UJs fthe ra : lagc •'being 14s) should- [ prompt, some, •onicinV > iiU|iiiries into the j question of profiteering. Another thing I that the railway authorities could look into in the transporting of lignite by rail from one pit to the proximity of another- There as a huge waste of fuel at present through 'this, trains loaded with lignite passing one-another on the J railway daily., Flourmillers are prevented from Tailing flour to the vicinity [of other walls, and the same rule should ' 'be applied to lignite. . .