STOP PRESS

Evening Star, Issue 22326, 30 April 1936, Page 16

STOP PRESS

NEW ZEALAND LOANS. LONDON. April 29.- Thu Treasury tta-- agreed Jo the New Zealand Government immediately issuing si ork for refunding purINVESTMENT EXECUTIVE TRUST. Called by the Public Trustee, a meeting of SO debenture-holders from all parrs of New Zealand in ilm Investment Executive Trust of New Zealand Limited (in liquidation i K being held at Wellington to-day. The passing of legislation for the liquidation of the assets of the company without an expression of opinion from Ilia debentureholders and the action of the Public Trustee in regard lo the sale of the assets wore criticised. The opinion was expressed that realisation of the assets was not in the host interests of the shareholders, and resolutions to this effect, with the suggestion that the Public Trustee, in consultation with the debenture-holders, settle a scheme for the preservation of the assets, are still under .the consideration of tlie meeting.—Press Association. DANXEVIKKK PACES. Ilartgill Memorial Handicap.—-1 Arctic King 1, 5 Alhy 2. I Gay Bor 6. All started.

FOR BURY PARK TROTS. St. Clair Handicap, ITosovs. 1m and ■’>!.-—2-3 Groat Wood 00yds (A. Butterfield) 1, 5-5 Carl 06yds (J. Fraser, jnu.) 2, 6-8 Gaynor 36yds (T. Smith) 0. Scratched; Boil Haven, Tyrone Lass, Prince Harvester. Won hy two lengths; length. Times: 4min 2 3-osec, linin 0 ]-sscc. 4min 0 3-oscc. Renown Handicap. 200sovs. lux. ami Of.—!)-9 Young Travis. 12yds GJ. Pringle), 1: 2-2 .Rocks Ahead, scr 2, 11-10 Aristotle scr 0. Scratched: Battlefield, 'Peter Lora nda. Head each way. Times — Omin 1-1 l-ssec, Oinin .15 0-ssee, Omin 15 4-osee. .MR .NASH RKASSIiRING. The Hon. W. Nash in funned the Dairy Conference at Wellington that any deficit between the guaranteed pricey and the market price would he the Government's re- ■ ponsihiliix. He could not alter the price basis of eight to ten .rears. That priee would not be a fancy one. hut would he better than prices riding tor some time. He could not see that there would he any extra cost that would not have appeared even if the Government had not taken over the marketing. [The questions thus answered appear elsewhere in this issue.]