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Star (Christchurch), Issue 18587, 12 October 1928, Page 1

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FOURTH EDITION. STOCK EXCHANGES. AUCKLAND, October 12. Sale on 'Change.—Bank of New Zealand 61s. Sales Reported.—Hayward’s Pictures 20s 9d; Wilson’s Cement 39s 3d; Eleetrolytice Zinc (ord.) 32s 6d. WELLINGTON, October 12. Sales Reported.—P. and O. Deferred Stock £247; Newton King (pref.) A COUNCIL INQUIRY. (Continued from Page 10.) In the first place, it was proposed to inquire into the letting of contracts without calling for tenders, and to discover, if possible, whether the alleged breach of the Act was committed, and if so, who committed it. As far as the City Council was concerned, it was not merely a question of inquiring into the actions of Mr Hunter. That, as far as the City Council was concerned, was a minor matter. Practically every ymember of the City Council was involved; many officers of the City Council would be involved in the proceedings; and it was advisable to inquire into the whole matter. The -City Treasurer, Mr J. Anderson, said that he had no knowledge of any document existing between the Council and the Point Elizabeth Coal Depot. He produced the vouchers of payments made to Mayo for the supply of coal lo the Council. The first he knew of tin transactions being questioned wan wjjw» tfta Audit Inspector commenced making inquiries.