LOCAL AND GENERAL

Te Awamutu Courier, Volume 75, Issue 6442, 5 November 1947, Page 6

LOCAL AND GENERAL

Two Fire Calls Yesterday The Fire Brigade received two calls yesterday. The first was in the morning to a residence in Mangapiko Street where a chimney was on fire. Last night the Brigade responded to a call at Magill’s butcher shop, where the door of the smoke room had caught alight. No material damage was done in either case.

Local Calf Club Competitions Fifty-nine entries have been obtained for the competitions to be held by the Te Awamutu Calf Club at the High School on Friday, 14th November. Forty-four calves have been entered by pupils of the High School, and nine from the Convent. Judging will commence early in the forenoon, with a grand parade of a wide range of animals later in the day. An Ancient Craft

A large and beautifully decorated wedding cake, prepared as a wedding present for a former member of the staff of the Regent Lounge, was the subject of much admiration from members of the Te Awamutu Junior Chamber of Commerce at their meeting last Monday evening. The cake was baked and decorated by the Regent Lounge staff, and with its elaborate “architecture” it provided a magnificent example of the age-old art of the baker.

Concert in High School Hall Members of the Hopkins String Quartet, with Owen Jensen, pianist, and George Hopkins, are at present visiting Te Awamutu, and will present a musical programme in the assembly hall of Te Awamutu High School to-morrow night under the auspices of Te Awamutu branch of the Community Arts Service. To those who have had previous experience of presentations given by these artists, commendation of their performances is unnecessary, and an assurance of an excellent concert that will be appreciated by all who attend can be given with confidence.

State Housing Information on the financing of State housing was sought by Mr W. S. Goosman (Piako) in the House of Representatives. Replying, Mr Nash said that until 1942 finance for housing construction was drawn directly from the Reserve Bank on the security of Treasury Bills, and since then indirectly from the same source. A considerable amount of Treasury Bills was also issued for war purposes, and now funds in Public Account that otherwise could be used to redeem these bills were provided for housing construction as required. Thus, although the total of Treasury Bills on issue had remained constant for the past two years, the position was the same as though the required amount of bills originally issued for war purposes had been redeemed and another lot of bills issued for financing housing construction. Over the period of housing construction the rate of interest on Treasury Bills varied, but since 1942 the Housing Account paid to the Public Account a uniform rate of 1 per cent on the first £5,000,000 of debt and 11 per cent on the remainder. Up to March 31, 1947, £36.3 million had been spent by the Housing Construction Department.