MORE WORKING HOURS

New Zealand Herald, Volume LXXVII, Issue 23770, 25 September 1940, Page 5

MORE WORKING HOURS

NEED DURING THE WAR WOOLLEN COMPANY'S CASE TAXATION AT 12/1 IN POUND Comment upon the increase in award wages granted by the Arbitration (omt recently was made by Mr. T. W. Lewis, chairman of the Ivaiapoi Woollen Manufacturing Company, Limited, at the annual meeting in Christchurch. "While we do not question the Court's decision," said Mr. .Lewis, "wo are ol the opinion that if cosls are to be stabilised extra production is required. Tlie position could have been met at this point by expanding the working week to,, say, a nine-hour day of live days of the week for the duration of the war at standard rates." Mr. Lew is added that lengthy hours were being worked in enemy countries and ho also referred to the example of what is at present being performed by workers engaged in all industries in Britain affected by the war.

Discussing taxation, Mr. Lewis said that, owing to the size of the company, to pay even a 2i per cent dividend to shareholders qualified it tor the highest scale of taxation, which with national and social security taxes added now reached the astounding figure of ]2s Jd in the pound. "Some of if we quite appreciate is emergency taxation, brought about to meet, as far as possible, the Government 'pay as you go' policy for the war," said Mr. Lewis. "This position, of course, is accepted with good grace, but, added as it is to the previous heavy increases, the incidence of taxation is becoming such a burden that it will have the effect of crippling companies if it continues. Under its operation enterprise will be stultified and endeavour diminished."

During the year, the chairman stated, the company had been called upon to take a full share in the production of supplies and equipment for the armed forces. These demands had precluded it from making available to general clients the extended output it had hoped for under the policy of import selection.

COUNTRY STOCK SALES mANKTON QUOTATIONS GOOD SHEEP YARDING LARGE ENTRY OF BACONERS [rito.M OUlt OWN coukksponoknt] HAMILTON, Tuesday A good yarding of all classes of mutton was penned at the Frankton stock sale to-day, the majority comprising shorn sheep. Wethers sold freely, while hoggets were in keen demand. Thero was an average entry of fat cattle, with values remaining firm at late rates. A small yarding of fat calves brought slightly higher rates. The pig section, which was a good one, consisted mostly of haconors, which remained firm. Porkers were not in such keen demand, but a fair sale resulted. Stores and weatiers sold well. Auctioneers' quotations are:— Farmers' Auctioneering Company,' Limited. —Fat wethers, 2fis Od to Ms (id; fat ewes, 17s fo 275; fat hoglfets, 25s Od lo 32s (id; medium prime bullocks, £1) 3s to £ll 2s fid; medium prime heifers, £S 12s fid to £9 12s lid; Polled Angus cows, £7 fat cows," £5 -Is to £0 2s; boner cows, £2 lis to £1 19s; runners, £7 (is to £7 7s; venters, £2 -Is to £3 17s (id; calves, 5s to 17s; three-year Polled Anjfus and Hereford steers, £S 3'ls to £!) 7s; yearling Jersey heifers, £-t to £7 12s. Choppers, to £-1 l!>s; baconers, £3 Ms to £4 9s; buttermilk pigs and. porkers, £2 os to £3 12s; stores, £2 2s to £2 Tss; slips, 31s (id to 3fis (jd; weaners, 10s fid to 30s.

C>. W. Vercoe and Company, Limited.— Fat bullocks, no Ms (o i'lß ss; prime heifers, i' 7 JOs to i'lO IDs; fat cows. i'O 30s to £S J!is; Jersey cows, .t's to £7 ss; honors, i'B 5s to i'l 3Ss; runners, to if! .1 Ss; vealers, i"2 5s to i'l 15s; small calves, to i'l'; store bullocks, ex East Coast, to iO J7s; yearling .Jersey heifers, i' 7 10s to i'B Js; prime wethers, '-'tis (ill to 88s fill; prime ewes, '_"_'s to vios ;iii; prime hoggets, •JSs to 81 s (3d; sprinsr lambs. 85s (id to 80s (id; ewe hoggets, to 80s Od; wetlier hoggels, '_"_'s to 20s 8d; shorn Southdown hoggets, i!>s to '_' is t»d; cull hoggets. to 17s; mixed aged ewes with lambs, Ms, all counted; baconers, i'B Ids to i'l ios; porkers, 17s 16 £"8 Os: stores, i"J 8s to i'V! Ills; slips, VM)s to i"J lis; weaners, '-'(ls to VMJs; young sows in pig, to i' 7 1 is fid; Berkshire boars, to i'O.

Newton, King, Limited. —Top cattle, to i' 7 17s; others, i' 7 Is to £7 I ts; flit Jersey cows, .I*s 15s to ,L~ ss; boners, i'B to 15 ss; fat wethers, -(is to VJSs (id; fat ewes, 10s; shorn ewe hoggets. Bls !ld; baconers, i'B .Ills to i'l 10s; porkers and buttermilk pigs, i'V! IDs to i'.'i ss; stores, i'J '_'s to i"J Ms; slips, 81s (id to i'l'; weaners, 25s to V!Ss till.

PEDIGREE JERSEY BULLS [from our own correspondent] MOKKINSYILLE, Tuesday The eighth annual pedigree bull sale of the Morrinsville • Jersey Club was conducted by the New Zealand Loan and Mercantile Agency Company, Limited, and 80 balls were offered. The bulls came forward ill good condition and competition was keen. Top price was OOgns., which was realised by Mr. N. M. Colson's Brookdell Rustic, _ Ihe purchaser being Mr. \Y. A. Soiithee, of Kereone. The average was •js'.£gns. The following are the principal prices:—Two-year-old bulls: On account \V. J. Chynoweth, Walton, Marshlands irishman, v!sgns, F. ('. Hansen, H'aitoa; Marshlands Knight Errant, 85gns, I°. C. .Hansen, Waitoa; Marshlands Hay Boy, 80gns, T. Freegard, Taiihei, Estate S. E. Suntlico and Sons, Kereone, Korokoro Peer Dollar, 80gns, H. .J. I'irritt, Morrinsville; Korokoro Korokoro Dictator Toby, •_'sgns, R. McLaughlin, .Morrinsville; Korokoro Maslcrs Kobin, 'JOgns. J,. C. Allison, Thames. Mrs. A. K. Watson, To Puninga, Meadow Lea Corporal, .VJgns, (). M. Farmer, Kurunui; Meadow Lea Jester, L'Ogns, JO. W. Horn, Waihou. J. H. Williams, Waharoa, To Kara Squires Success, 51gns, A. Cunningham, Kereone; Te Kara Noble John, 15gns. L. P. Swatbrick, Kiwitahi, ,T. E. Laing, Te Hoc, Fen View Daylight. Olgns, (J. Mudford, Thames. Venrling bulls: On account W. (1. Petersen, Morrinsville, Rainbows Master, vi'Jgns, S. A. Ferguson, Motuniaoho. J. Colson, Waihou, Hrookdell Hector, :i(igns, H. C. Jiell, To Puninga; Hrookdell Nazi, lOgns. A. It, Deniler, Moliiiimoho; Hrookdell Surna, BSgns, ,1. Waugh, Te Arolia. J. IL Williains, Te Kara. Royal Owl, 1 gns, S. J. l.ithgow, Piako; Te Kara Hluo Prince, 81gns, N. ('. Bodmin, Morrinsville. N. M. Colson, Waitoa, Hrookdell Rustic, OOgns, W. A. Souther. Kereone; Brookdell (Lay Fox, 81 gns. .1. E. Leeson, Morrinsville; Hrookdell Victor Hoy, 87gns, \V. Mears, Walton; Hrookdell Paladin, 2Sgns, A. J. I/ilhgow; Hrookdell Nero, 88gns, li. N. flight, Waitoa. W. A. Souther, Kereone, Korokoro Owl Noble, Vilgns, .1. Park. Kiwitahi. P. 11. Miers. "Morrinsville, Pai Rata Duke, VJOgns, 11, C. Jones. Manawaru; Pai Rata lo\ I,ad. 88gns, T. M. McMillan, Kiwitahi. 11. K. Ferguson, Waitoa. (ireenacre's General, 80gns, J. Dibb'e, Kaihere; (ireenacres Sultan, 'Jlgns. C. Mc'tlillan. Kiwitahi; (• recnacres Noble, v!Bgns, A. if. Deniler. Motuniaoho. PRICES AT CAMBRIDGE The Farmers' Co-operative Auctioneering Company. Limited, reports the following prices at Cambridge: Hoggets, v!ss 7d to 80s 8<l; ewe hoggets, 'JSs to 80s; fal bullocks, .£'lo Ids to .CIV! Iv!s (id; fat beef cows, i' 7to to I vis; fat Jersey cows, i's to i'O Ts; store heifers, i'B 15s lo i'l its; boner cows, Cv! 5s to i'l ;ls; three-year Jersey service bull, L'l'J; yearling Jersey heifers, i'l ss; springing Jersey heifers, i'lß 5s lo i'ls ss; early culvers, i l'_' to i' 18; springing Friesian heifers, ill Ills lo i'lv! 10s; springing Jersey cows, i'O to i'lu 10s; baconers. i'B 5s lo i l Is; porkers anil buttermilk pigs, C"J r_'s lo L'.'t 8s; stores, t'l 10s to i'V! lis (id; slips, 80s Oil to BNs (id; weaners, vi'Js to Bl.s. MINING YIELDS f!illespie's Beach (Westland).—*t-t/<O7. from Hi, 100 yards in 18V! hours. Blackball Creek (West Coast). —170/. for 100 hours.