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Taranaki Daily News, 27 September 1924, Page 4

The Postmaster-General (the Hon. J. G. Coates) stated in the House that New Zealand would not be affected by the decision of the International Postal Congress to reduce the transit charges by 25 per cent. By the end of the present month the Dominion would have experienced a full year of the penny postage rate, which applies to all parts of the British Empire. The cost of the double concessions brought about by the 1923 reductions was approximately £600,000 per annum, and there was cause for congratulation that the revenue from postages for the year ended June 30 was only about £225,000 less than that derived from the same source in the previous year. “New Zealand is the first country within the conference that has reached the minimum, that is, the penny postage rate,” added the Minister. “With a continuance of prosperity this loss should shortly disappear.” “I do not want to set myself up as a prophet, but if no mistake is made this season in the marketing arrangements, wheat is going to be a good class of produce to hold,” declared Mr. J. D. Hall at a meeting of the North Canterbury Executive of the Farmers’ Union. Mr. Hall read a lengthy report by the Government Wheat Controller on the position of the world's wheat market and prospects which was forwarded through the Minister of Agriculture. The report set out that although Canada had a record crop of 447,000,000 bushels in the previous season, the estimate for the current season showed a reduction of 176,000,000 bushels. A decrease of 196,000,000 bushels was anticipated on the European market and of 32,000,000 bushels in the North African crop. On the other hand, an increase of 32,000,000 bushels was anticipated in the United States crop. It was too early yet for estimates to be made of the yield of the Indian harvest, but high prices looked certain on the world’s markets.

“We hear a good deal of talk these days about the over-importation of motor vehicles, that the saturation ■point has been reached, etc.,” said Mr. P E. Stainton, retiring president, at the New Zealand Motor Traders’ Association (states the Christchurch Press). “My candid opinion is that providing we do the business on sound businesvs lines, and that the vehicles are bought to increase commercial efficiency we need not be afraid of this prophesied state of affairs. In fact, I am prepared to make a prophecy that, providing the Motor Vehicles Bill does not tend to curtail motoring, and providing the improvement in main highways is vigorously prosecuted, the importation of motor vehicles is going to continue to steadily increase; also I am satisfied that within a reasonably short space of time the enclosed car ’is going to be the popular private car.’’ The New Zealand Bacon Co. will receive pigs at Opunake on Monday, September 29. “Paddy” Marchant advertises his usual auction sale at the People’s Mart, Eltham, to-day at 1 p.m. Ladies have not been slow to take advantage of the “tip” about the price of Fuji silk mentioned last week by the Melbourne, Ltd. There is so much of this material used nowadays, a saving of even a few pence a yard mounts to a considerable sum. To buy the Melbourne’s famous good quality genuine Fuji silk at to-day’s price is to practically “beat the market.” The annual .sale of work organised by the Fitzroy Methodist Ladies’ Guild will be held on Wednesday next, both afternoon and evening. Spring goods are now showing in great [variety; every department having its full share of newest creations direct from the leading markets of Great Britain and [Europe. That C. C. Ward, Ltd. are out to maintain their reputation for low prices is quite evident by the moderate prices being asked fcr* lovely goods. Call anc inspect.