Page 7 Advertisements Column 2

Nelson Evening Mail, Volume LVI, 4 October 1924, Page 7

A saving to Taranaki of approximately £150,000 has been effected by direct importation through the port of New Plymouth during the past five years, according to a statement made at the last meeting of the New Plymouth Harbour Board. Mr C. E. Bellringer said that he had gone closely into the trade figures with the secretary, as a result of an inquiry whether he was satisfied that the board’s financial proposals with regard to the proposed £600,000 loan could be carried out with the necessity of striking a rate. He had also gone into the details with the Finance Committee, and he could now say that, as far as could be ; humanly foreseen, there was not the slightest chapce of a rate being levied. If the progress in the trade in the next few years was anything like that of the five years since the £300,000 loan was authorised; there wmuld be ample revenue from wharfages, etc., to meet »H calls for interest and sinking fund.