Page 6 Advertisements Column 4

Evening Post, Volume LXXV, Issue 36, 12 February 1908, Page 6

LOCAL AND GENERAL. An improved tone was manifested on the Exchange to-day, and the call resulted in a fair turnover, with the promise of more animation in the mining section in particular. A security not often enquired for here is Auckland Tramways, and a parcel of ordinary shares (20s paid) changed nands at £1 4s 6d, at which price the investor receives a return o* nearly £5 17s 6d per cent. The preference issue of £50,000, and the ordinary of £300,000, are dealt in out here, the 5 per cent, debentures, amounting to £285,100, being appavent]y held in England. Leyland O'Brien United was again accepted at £2 ss, whilst Talisman operators came to terms at £2 12s 9d. Waihi scrip was decidedly firmer, for although buyers increased their bids Is to £8 15s, holders were not anxious to deal, and asked 2s 6d advance, or £8 17s 6d, on yesterday's rates. It is now generally realised that the cessation of London supplies has considerably restricted 'I he scrip area, and consequently buyers have now to depone! solely upon what shares are available locally. In response to. the request of residents, the Education Department has decided to erect a school at Lansdowne. The building will be iri brick. The attention of the Hutt County Council having been called to the bad stato of portions of the Lowry Bay road, it was decided yesterday to have the necessary repairs made. In conversation with a Press reporter yesterday; Superintendent Smith stated j that the fire t it the Colonial and Foreign Agency Company's premises brought the total number of fires in Christchurch during the past seven months up to 112. Tho proposal for a fortnightly steam service betweeen Nelson and the Croixelles, in lieu of the weekly service by oil launch, has been accepted, at» a subsidy of £10& per annum. The service will be run by tho Lady Barkly. The postage rate for letter cards for oversea places is Id. The postal authorities state that a number of letter-cards addressed to oversea places have only a half-penny stamp on them, and these cards having deficient postage are surcharged. On the 2nd prox. a ballot is to be taken by the members of the polico force for the purpose of ascertaining whether members arc desirous of joining the Government superannuation scheme oi' whether they will continue under the Polico Provident^ Fund, which on 31st March last was about £30*000 in credit.