Hikurangi Dairy Payout Drops £ll2O

Northern Advocate, 13 July 1939, Page 3

Hikurangi Dairy Payout Drops £ll2O

A heavy decrease in supplies owing .to the most unfavourable season for years resulted in a fall of £ll2O in the Hikurangi Dairy Company’s payout for June as compared with that for the same month of 1938.

Under all headings, the disbursements of £29,447 19/2 to be made this month show a decrease of £371 0/1 compared with the some month of last year. The advance for butterfat supplied in June is £2219 11/1 (last year £3339 10/4), while deferred payments are £26,716 1/10 (last year £26,016 16/11). A 3£ per cent dividend on fully paid-up shareholding is also being made totalling £515 5/5, the payment under this heading last year being £426 12/.

Cost Of State Houses Criticised

[Special to “Northern Advocate ”] AUCKLAND, This Day.

Building permits have been granted in the Mt. Albert borough in the past few weeks for single-unit State houses, the average price being about £1149. Speculative builders in the city, using architects’ designs, state that they can build a house of four rooms and a kitchenette, providing a fairly close comparison with a State house of the same type, for about £B6O, and that one of six rooms, with built-in wardrobes and dressing tables, constructed in brick and tile, would cost about £IOB9.

Although such builders state that an accurate comparison is not possible, and that full credit must be given to the State contractors for the quality of their houses, they say that evidence is clear of enlarged overhead costs. Opinion was also divided whether the extra joists and other features used in State house construction were necessary.