Page 11 Advertisements Column 2

Dominion, Volume 1, Issue 20, 18 October 1907, Page 11

Greenhills Estate, the well-known property near Kaikoura, Marlborough, is being subdivided into blocks of moderate size. There are 36,500 acrcc, of sheep l , country, and the estate will be open for inspection' early next, month. The New Zealand Loan ami llercniitile .Agency Co. and Mr. 11. Latter, Christchurch, are joint agents l'or the vendors. Startling figures arc given in a report issued suggesting that. America is within measurable, distance of tho exhaustion of her timber supply. It is shown that tho 21,000 sawmills in tho United States cut 37,500,000,000 feet of timber last year or V,000,000,000 l'eet more than in 1905. 'Tho total amount of growing timber is estimated at 2,(J00,000,000,000 feet, so that if -the demand be kept statioj iry, and no destruction is caused by forest lires, the present rato of cutting will exhaust the' standing supply in iifty yenrs. Reafforestation has been undertaken by most of tho States, hut four-lil'ths of the forests in the country are in private hands, and the private owner has yet to come forward who will pay attention to anything except tho turning of his trees into saleable timber as fast as possible. Tho average ago of trees cut for timber is 150 years; and it is evident that bofore any substantial reafforestation can have been accomplished a serious shortage in the supply will have boon experienced.