LOCAL AND GENERAL

Nelson Evening Mail, Volume LXI, 18 June 1926, Page 4

LOCAL AND GENERAL

•'Experience has shown thai in some districts land has been brought into use that should have been left in its virgin state, for its actual value is less than the cost uf the improvements effected. The Minister of Lands is dealing with the position in regard to land leased frail Government, m a manner entirely praiseworthy. A successful farmer himself, his views, which he makes known Willi refreshing freedom, must carry weight with farmers."—Sir. George Elliot at annual meeting of the Blink of New Zealand at Wellington tins afternoon.

Despite what happened to 'Mr Sidey's daylight saving bills in former years, Mr Sidey is imperturbable. As soon as lie could get an opportunity after the House met yesterday afternoon, he gave notice to' move for leave to introduce the Summer Time Bill. The House received the intimation with laughter and applause in the manner it is accustomed to treat some of the "hardy annuals," which come before it at the opening of the session.

The appended statement regarding dividend was made by the chairman of the Hank of New Zealand at the annual meeting of the bank at Wellington today:— The Dividend, which is payable. in Wellington to-morrow, and at the various branches on receipt of advices will be at the same rate as that of last, year; but, next year, without making any definite promise, tho Directors hope to be in a position to pay a bonus of I per cent, on the Preference "B" and Ordinary Shares. This statement is being made now so that all shareholders may have early information of a probability that may eventuate a year hence'. The profit-earning power of the Hank has been augmented by substantial additions to the Reserve Fund which have been made' during The last few years. 'I he Directors desire, however, to warn shareholders against taking a nexaggerated view of this earning power. It is by no means certain that the institution will do as well proportionately in the future as it has done during recent years ,and in the distributions of profits the Board will most certainly not be influenced by the market value of the shares. Further, it is unlikely that such largo annual additions from ordinary profits to the Reserve Fund will continue to be possible."

This is how the chairman of the Bank of New Zealand concluded' his Presidential address at Wellington this afternoon i—" Let me close this survey witli a reminder, although it may be a repetition of what I have previously said, that as we in New Zealand depend on the Mother Country for so much of our material prosperity, it is our bounden duty, not only as loyal citizens of the Empire, but 'in. absolute [self-inter-est., to assist to our utmost the trade of Great Britain by purchasing British goods; in so doing each; individual may help, be it ever so little, to''unite and strengthen .the commercial bonds of Empire."

A Wellington Press message slates the regulations lengthening the law course required by students are having an appreciable effect at Victoria College. The registrar states that the number entering is lower than last year. The drop is in the first year subjects. "During the past year there has not been much demand for farm land, and not many would-be buyers are able to pay a reasonable proportion of purchase money in cash," said Sir George Elliot, in his address at the annual meeting ol The Bank of New Zealand at' Wellington to-day. /

Fashions Limited were fined £lO for permitting employees.To -perform work elsewhere than in a registered factory, says a Wellington Press Association message, and two employees were convicted and ordered to pay cost 7s, for working for a firm outside a registered factory.

Except in a few districts, it looks as if the country were in for a hard winter, said the chairman of the Bank of New-Zealand at the annual meeting this afternoon. To aggravate matters, the general strike in Great Britain will doubtless result.in a reduction of her purchasing power, which must to some extent affect the prices of the season's produce.

The Railway Department diaws attention in to-day's issue to advertisement re cancellation cf afternoon.goods trains on Mondays between Nelson and Richmond.

On Thursday evening the patients in the men's ward at the. Nelson Hospital were entertained by Mr Gavin, of Baiting's music store, to a musical evening. \ good selection of records were played and the patients were one and all ''unanimous in their praise and thanks to Mr Gavin for brightening one of the; many hours of trying convalescence.- - -

Alfred Gould announces cfetans of an auction sale to be held at Richmond", (next Home for Defectives), on Tuesday, 22nd inst., at 1 p.m., by order of the D.0.A., in the bankrupt'estate of Henry Martel.

Dairymen are reminded of the meeting to "be held this (Friday) evening in the National Bank 'Chambers, Trafalgar Street, at 7.50.

This week end there will be special meetings at the Salvation Army, conducted by Brigadier Bladin, Major Maeauley. and Adjutant Hayes. Brigadier Bladin will demonstrate the latestmethods of Sunday School teaching, and will, be pleased to renew old acquaintances after 15 years absence.

Our Shop will be open as usual tonight.—lt. Snodgrass and Sons. "Direct Importers." '■ '

Like the fusel oil in bad whiskey so the nicotine in strong tobacco is injurious to health. It is an astonishing fact that, the leaf produced in certain localities of the Aiu-kland and Nelson districts contains less nicotine than any other tobacco known. This is of the inmost importance with regard' to the development of the N.Z. Tobacco industry, because it is just these mild types' of leaf that are eagerly sought after by manufacturers abroad find fabulous prices are often paid for them. New Zealand, indeed will become famous for its unique tobacco, and- t the local product will be our national smoke. Unlike mine of the foreign tobaccos, the N.Z. article does not bile, .the tongue, it smokes smooth and mellow and leaves the mouth sweet and clean. Moreover it is all pure tobacco with a distinctive flavour, obtainable in various strengths. Cut Plug No. 10 for those who appreciate a full body, and Kiverhead Goid for the lover of a very mild aromatic, while 'Toasted Navy Cut (Bulldog) represents the medium strength".*

Emms' Motors are advertising a revised service for the coming season. Their i.iid-day car and also weekly lorry service will prove a great benefit both to the local residents and' tourists, giving as it does a surer means of transport between these places.*