FOUR STEAMERS SOLD.

Auckland Star, Volume LXI, Issue 59, 11 March 1930, Page 9

FOUR STEAMERS SOLD.

SHIPPING FIRM GOES OUT. INTERCOLONIAL TIMBER TRADE. Three steamers —the Omana, Kallingci ' and : Gabriella—belonging to the R. S Lamb Line have been sold to the Union Company as well as a fourth of 2000 tons, "which is at present being built at Home, The latter is due for delivery in May•June this year. The steamers, which have been engaged in the intercolonial timbei trade for a number of years, will still be maintained in that service. This information was given out Hr. D. F. Stewart, director of R. b lamb and Co., Ltd., who came across from Sydney by the Mararaa tln= Morning. The steamers were buLt expressly for the timber trade, am. according to Mr. Stewart, are eminently suitable. Mr. Stewart said the timbei trade as far as Australia was concerned was very dull. Foreign importations of Oregon pine were still coining 11 although the New Zealand white pint •and riinu were most favourably accepted in Australian markets. The firm of Lamb and C°- weie a. New Zealanders and Mr. Stewait li\Q( at Hclensville 35 years ago. _ Hd h&i come across for three weeks' holiday and will then return to Sydney.