Page 4 Advertisements Column 5

Evening Post, Volume LXI, Issue 87, 15 April 1901, Page 4

LOCAL AND GENERAL. The annual balancing period of the Bank of New Zealand, closed on tho 31st ult., and' it is unofficially stated that the profits for the year exceeds those of the previous year by about £50,000. If so the profits will amount to about £300,000, which will admit of the payment of all statutory obligations, and leave a handsome sum for writing off paper assets. Nearly all the banking institutions of Australasia have recently issued excellent balance-sheets and increased the dividend distiibutions to shareholder^. The National Bank of New Zealand will also exhibit a very satisfactory balance-sheet, but no details are available, as . all the papers must be sent to the London office. The Petone Co-operative Building Society balloted for a loan appropriation of £300 on Saturday evening. Three fruitless ballots were first, taken, for in each the owner of the number drawing was the holder of one share, while all three decided to forego for the present their right to take bonus. The fourth ballot resulted in favour of Mr, J. Gaynor, who, holding, thl r ee shares, accepted a loan of the £300. Tenders for an appropriation of £300, to be sold by the society, were considered, and that of Mr. W. H. Burridge was accepted. At ils next meeting the Wellington ..Educational Institute will consider the following motions: — By Mr. G. MacMorrari — "That this Institute considers that the recent change in the regulations rendering it necessary for pupil teachers to retire from the service at the end of their fifth year should not apply to those apprentices who were in the employ of the Board previous to the change being made, and would respectfully urge the Board to reconsider its decision as regards such pupil teachers." By Mr. C Watson—" That after the end of this financial year this Institute ceases to contribute to, the local defence fund.' Some twenty designs have been received from all parts of the colony in the competition instituted by the Government for the invitation card for the official receptions to be given the Duke and Duchess, of York in the four cities. Dr. Fell and Messrs. A. D. Riley and H. S. Wardell are to be the judges of the competition, and began their work this afternoon. It will be remembered that when the Wellington Provincial Lawn Tennis Association tournament concluded in the early part of last week the final stage of the Ladies' Handicap Doubles remained unfinished. This game was played on Saturday, when Mrs. Holmes and Miss Barron (Thorndon Club), receiving 18, beat Mrs. Baxter (Thorndon) and Miss Harman (Christ church), receiving 18, by 64 points to 52. The prizes were trophies presented by Messrs. H. M. Gore and W. E. Pearson. The balance-sheet of the Citizens' .Life Assurance Company, Limited, has been forwarded to this office by the Resident Secretory, Mr. James F. Lane. The main features of the balance-sheet were transmitted by cable from Sydney, but there are points about the*document and the valuation report which we hope to refer to at length in a day or two. There was a large attendance of buyers at Messrs. Sidey and Co.'s auction rooms on Friday, when the firm held a sale of frethold and leasehold landed property. The Elizabeth-street property, comprising two house;?, realised £772 10s ; Queen-street, three 3-roomed -cottages, £655 ; Taranaki- street, two cottages on land 40ft x 132 ft, £570; and the two cottage properties in Hall-street, £255 and £235. The Salisbury-terrace property was also submitted, but was passed in at £1300, and along with the leaseholds in Victoria and College streets, is in the hands of the auctioneers for private sale. The firm also report the sale privately of a gentleman's residence for £1250, a business property in Torystreet (price withheld by request), and a small building site for £50. Total amount of sales for past' few weeks £5637. The death of the Queen was the occasion for much enterprise on the part of English illustrated newspapers. Messrs. H. BailUe w and Co. have just received advance copies of the special memorial and funeral issues of the Illustrated London News, the Graphic, and Black and White. All these leading papers pressed into their service 'the foremost British and foreign black-and-white artists, and the result is a very fine collection of artistic work. All the main points and features and incidents of the funeral proceedings on sea. and land, from Osborne to Windsor have been caught by keen pencils, and reproduced for. the benefit of the millions of the Empire's subjects who could not crowd into London for the great occasion. There is also a great deal of information accompanying the pictures in these special numbers, Mr. Max Pemberton (a prominent editor and novelist), for instance, has written the story of Queen Victoria's life for the Illustrated London News. There will doubtless be a rush 'in the colony for these pictorial and literary records of the gx-eat Queen's life, death, and burial. A telephone line has been laid giving comnumica'tion with Pencarrow Head. No. 59 of the miscellaneous leaflets" issued by the Department of Agriculture shows that last month 28,316cwt butter, valued at £119,227, was exported from the colony, as against 16,639cwt, valued nt £71,150, in the corresponding month of last yenr.' Thd cheese exports totalled 18.318o\vt, valued at £42,239, against 18,586cwt, valued at £41,412. Undeserved praise, remarked the great Lord Chesterfield, is the severest c6nsure, but it is quite another thing when the praise is deserved. Black S:vnn Butter is deservedly popular, because it is invariably of orhne aualifcv — Advt-..