CORN SACK IMPORTS

Evening Post, Volume CXXII, Issue 120, 17 November 1936, Page 14

CORN SACK IMPORTS

WHY NOT OF FLAX ?

New Zealand imports of corn sacks from India will vary with the crop prospects, but last year they amounted to 5780 bales of 250 sacks to the bale and to 7367 bales for 1934. The sack holds about three bushels of wheat, but the weights and sizes imported vary, sizes being as follows: —48in x 26' 2 in, 2 7-81b; 46in x 261 in, 251b; 44in x 26>',in, 2 5-81b. The materials of all three sacks are the same. Australia has a standardised wheat sack 41in x 23in, 2,',1b. of lighter weight than used in New Zealand, and its imports for 1935 were 152,781 bales. The question has been asked by some in. the wheat trade why New Zealand could not standardise its wheat sack as Australia has done, and use New Zealand flax in its fabrication. Whatever may be the outcome of the investigations understood to be in progress as to the suitability of the New Zealand flax pack for wool, it would seem to the lay mind that no objection save any difference in cost could be raised against the use of New Zealand phormium fibre for wheat sacks. It might also be used for cement bags, of which 3210 bales were imported last year. Unless exported filled with wheat, the grain sack used in New Zealand can be used for flour, and it is used for potatoes and other articles until so long as its "life" lasts. Cost may largely enter into the question of a standardised flax sack for wheat,, but it is well known that the landed cost of jute wool packs, owing to low prices ruling in Calcutta, is much under the price-of the New Zealand pack, the sale of which in the proportion of one to two jute packs is now compulsory. ~ ~|' DIVIOENDS DUE. , Mosglef Woollen—-final 0 per cent., making 10 per cent, per annum Nov. li Bruce Woollen—pref. 5 8-0 per cent.; ord. 3 percent Nov. 1!> Anthony Hordcrn, Ltd., Sydney— prcf., 7Ms per cent, per annum (less statutory reduction) ; ord. . 4 per cent. per. annum Nov. li Mark Foy—Half-yearly, ord. and prcf., « per cent. Nov. 10 Y'ounghusbaml,' Ltd., ■ Melbourne—lnterim, half-yearly, 4 per cent. . Nov. -U Macks, r.o K an. Caldwell, Md.—half- , yearly at 5 per cent, per annum Not. 20 National Insurance—final »rt. per share, maldufr 9d per annum •• Nov. -I Leyl anil-O'Brien Tlmbci —5 per cent. Tier annum Nov. _j Westport Coal—final, Od, making Is for the year and 5s per share from reserve Nov. -a Xalioiiiil Timber —interim 2Vi Per tent , Nov- -' Tttttersiield, Ltd., Auckland—S per cent, per annum Nov. -a National Hank of Australasia—lnterim at the rate of r>M> Per cent, ptr annum Nov..;. Dalgety and Co.—final. 3'/a per cent., making G per cent, for the year Nov. 2C Gillespie'a Bcucb Dredging— Id per share 2D E.S. iinil A. Bank—final, 2V 3 Per Rent., or 0 per wilt, per annum Nov. 2(> North Wairarapa Building Society—interim at 5 per cent, per annum Nov. 20 Broken Hill Proprietary—half-yearly Is 3d per shore or at l'ZVz per cent, per annum Nov. 27 Wilson's Cement—interim, Od per . share Nov. 2, Bank of Xew South Wales—quarterly. (is per share, making 5*4 per cent. _ per annum ■••• Nov. -i Duneclin Brewery—iuterim, 2V6 per ccll t 4i Nov. 30 Ucnry .(ones Co-op.—final. Is Gd per share Dec. 1 Claude Xoon Lights (X.Z.)—final •! per cent., making S per cent, per ', annum .' Dec. - Nort/i Broken Hill—quarterly, <ls per share, eciual t,o 15s Gd for the year nee. 8 Xew Zealand Breweries —interim for half-year, 4 per cent Dec. 9 riacer Development— interim 50 cents (Canadian) Dec. 10 Biilolo Cold—interim, 1 dol. 40 cents (Canadian) Dee. :0 Broken Hill South—half-yearly, Is 3d per share Dec. 11 Bank of New Zealand—interim at rnlo oC 10 per cent, ncr annum ordinary shares, and at 1% per cent. per annum long-term mortgage shares Dec. 1Kauri Timber—s per cent I'oc. 12 Mount Lyell—Qnal Is Gd per share or 10 per cent, per annum ... Dee. 12 North Kalgurli—interim 9(1 per sharo (sterling, less English income tax) Doc 28 Morris, Hedstrom —interim 2'A per cent Dec. 30