FINANCE FOR FARMERS

Taranaki Daily News, 12 September 1934, Page 8

FINANCE FOR FARMERS

RURAL CREDIT SYSTEM. STRATFORD ASSOCIATION MEETS. Since its inception the Stratford Cooperative Rural Intermediate Credit. Association has not had any losses either of principal or interest or had any reductions in interest made through applications to the Mortgagors’ Relief Commission, anc at the annual meeting yesterday another successful year’s working was disclosed. Mr. A. David presided. . During the year 21 meetings were held, the . report stated. The number of applications for new loans received during the year was a little smaller than last year. . During the year the rigidness of the regulations was considerably relaxed in the direction of easing the repayments in the first two years where necessary, granting concessions on repayments of older loans, and in making re-advances and further advances. All accounts were satisfactory and no further call on shares was made. The total number of loans current was 42, and the number of shareholders increased to 59. There were three applications against the association for relief under the . Mortgagors Relief Acts, but in . all cases ' the association’s security was considered to be within the margin of safety, and the applications were in all cases made primarily against the land mortgagees. The association and. the board had been willing to assist in all cases where it was necessary. The relations between the directors and the- Stratford officers of the. board were most cordial, and they desired to thank the district supervisor and all his officers for, their courtesy. The year was very trying to everybody, and they always rendered all possible assistance. The fact that the association had made approximately? £25,700 available to the farmers, of the district since 1929 proved that the original shareholders rendered valuable service to the farming community in starting the association. The work of the association was considerably increased, There were many applications for refunds, and further advances, and that had- entailed a great deal of extra work on the part of the secretary.

Several farmers spoke on the benefits they had derived from the scheme, and surprise was expressed that many more farmers had not availed themselves of the opportunities the scheme offered. Mr. David was the retiring director and was re-elected, Mr. G. A. Carter being reinstated as auditor. Subsequently Mr. David was re-elected chairman. Appreciation was recorded of the work of the directors and the secretary, Mr. R. R. Tyrer.

GENERAL ITEMS. A dance was held in the Foresters’ Hall, Stratford, on Monday night by the combined friendly societies. The music for the dance was supplied by Vem Henry’s Valencia Band. Misses H. Henry, M. : Brown, G. Keightley and Mr. Kehely played extras. A Monte Carlo waltz was won by Miss Mather and Mr- Stewart Mr. W. Whittington was master of ceremonies. Not a Penny Lost. “We have not lost a penny of capital or interest,' and when one considers the association , commenced and has carried on operations during the slump period ’ the administration must have been particularly sound,” stated the district supervisor,- Mr. J. C. Robins, at the annuaT meeting of the Stratford Co-opera-tive Rural-Intermediate Credit Association yesterday. He was paying a tribute to the work Of the directors. Strathmore Catholic Concert. A packed house greeted the artists who visited Strathmore on Monday night on the occasion of a Catholic concert. Despite the unfavourable weather settlers attended from many miles. A feature of the evening was a short play, “The Proof of the Pudding,” produced by Mrs. F. P. Uniacke, and played by Misses A. and C. Uniacke and Mr. H. Goodman. It was of a farcical nature and provoked ■ rounds of applause. Other items were songs by Miss Good and Miss H. Grant and an elocutionary number by Mrs. Milne. Community singing was led by Mr. A. O’Sullivan.

Cups for Fishing. Senior and junior competitions will be conducted again this year by the Stratford Acclimatisation Society for the approaching fishing season. Cups are offered for the heaviest fish caught in each class and in respect of ihe senior competition Mr. E. P. Pridham has donated a cup to be won by the angler catching the heaviest fish on a fly in the. event of the society’s competition being won by a fish- caught on natural bait. Fishing Demonstration. For the benefit of novices, the Stratford Acclimatisation Society decided last night to hold a casting demonstration on September 30, the day before the season opens. : SERIES OF CYCLE RACES. HANDICAPS FOR TO-MORROW. The Stratford Cycle Club will commence the second of a series of road races to-morrow with a run to Douglas and back, via Beaconsfield Road, a distance of 35 miles. A silver medal will be awarded for first place. The handicaps are:—S. Harrison 18m., R. Webb 11m., P. Wisneski, H. Davis Bm., H. Phillips, W. Ludlam 6>,4m., H. Mclvor, E. Winmill 6m., C. Pittams, D. Coleman 5m., I. Belk, L. Pittams, E. K. Stockman, K. Stockman, R. Hosie, J. Hosie 2%m., E. Edgecombe, W. Brewer 3m. NEW ZEALAND ON THE SCREEN. FINE FEATURE AT THE PLAZA. “Romantic New Zealand,” a full-length feature, containing 6000 feet oi film, which includes shots of characteristic New Zealand scenery and a concise description of the development of the country from the days of Captain Cook, will conclude its Stratford season, at the Plaza Theatre to-day, with a matinee at 3 p.m. and the usual evening screening. For the special matinee arrangements are being made for the pupils of nearly all the schools within a five-mile radius to attend, The most ambitious attempt ever made by a motion picture studio to bring, an adventure story to the screen has just been completed with the filming of “Tarzan and. His Mate,” , which commences at the. Plaza Theatre to-morrow. This i picture, featuring Johnny Weissmuller | and Maureen O’Sullivan, is a thrilling picture of the jungle. The notable supporting cast includes many players remembered for their roles in “Tarzan, the I Ape Man,” including Neil Hamilton, For- ■ rester Harvey, Doris Lloyd, of the original cast, and Paul Cavanagh, William . Stack, Desmond Roberts. |