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A SHARE TRANSACTION On Monday, May 18, 1925, the Stock Exchange quotation for Bank of New Zealand £1 shares was £2 16s 3d. Seven weeks prior to May 18 (April 1, 1925) 750,000 shares were, BY ARRANGEMENT WITH THE GOVERNMENT, issued to shareholders at par (£1). This means that the shareholders have made a profit of £1,359/375 on the Government arrangement This sum would have restored the cut made on the SALARIES OF CIVIL SERVANTS receiving up to £350 per annum, or alternatively the wage of every organised INDUSTRIAL WORKER could have been INCREASED by 5s 5d per week. It b sufficient to provide an ENDOWMENT to mothers of 4s per week for each child under five years of age. The expenditure of this sum in any of these directions would have been more just, more equitable and more beneficial to the individual and the community than its distribution among the wealthier sections of the community, who render no service whatever for the particular benefit they have received. Labour Stands for a State Bank Vote for DUGGAN and LABOUR, and get your share

Kernohan’s F° r That’s the verdict of al! I JBSsfjfra householders who take the / I 1 Ik trouble to come round to GuyC I I / if rHB ton f° r th o * l Groceries. UJk I \ ?ErcES ASE always ■X IJ/K I gS LOWER J Because we pay no Big Avenue rents. You get all the ■ffiaES y l' Benefit—not the landlord. THESE WILL CONVINCE YOU: Sugar (1A), per 701 b. bag, 17/0. Flour, 251bs. for. 5/9. Sugar (1A), per 121b5., 3/6. Palm and Olive Soap, 6d per Harraway’s Rolled Ooats, 1/5 cake. per bag (41bs.) New Dates, 4d per lb. 4 Tins Sardines for 1/-. Pears, 1/3 per tin. Sultanas, 31bs. for 1/4. Pineapple, 6d per tin. Plug Tobacco, 1/- per plug. Peaches, 1/3 per tin. TEA TEA TEA Thousands of people drink OUR FAMOUS GOLDEN CROSS TEA (Registered). The Greatest Tea Value in New Zealand to-day. Try one pound and be convinced. By using this 2/2 Tea you SAVE OVER 1/- PER POUND. KERNOHAN’S Ltd. GUYTON STREET, (JUST OFF AVENUE). “WHERE LOWER RENTS MEAN LOWER PRICES.’’

Distinctive Glassware An outstanding range of FRUIT and FLOWER BOWLS. CANDLESTICKS, VASES and PLATES—Deep black Satin finish with rich Gold Motif.—the quintessence of charm. An altogether different, therefore distinct, addition to table equipment. Baronial and Queen Anne Glassware Which upholds the prestige and good name of our house to offer you with a high quality article, so moderate in price as to be readily within the reach of all. Craig & Co., Ltd. ’Phone 2402. 110 Avenue.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19251029.2.13.3

Bibliographic details

Wanganui Chronicle, Volume LXXXII, Issue 19441, 29 October 1925, Page 2

Word Count
437

Page 2 Advertisements Column 3 Wanganui Chronicle, Volume LXXXII, Issue 19441, 29 October 1925, Page 2

Page 2 Advertisements Column 3 Wanganui Chronicle, Volume LXXXII, Issue 19441, 29 October 1925, Page 2