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Mr. D. Berry, who is one of tho promoters of tho compauy formed in London to exploit our industrial resources, gave a i'arunafci Herald representative some particulars of the. recent visit to tho Mokau. I'lio party tirat inspected tho coal seams on their property at Manga, Awaltino, : and the land generally. Tho area is 4700 acres, and in this thero aro t-lcvon beams of coal varying in thickness from 18in tv 'lit 6in, judging by the outcrops. This property is nine miles nearer tlio heads than tho mines now being worked, ami suitable- steamers, capable of carrying 100 tons, could enter the river a littlo before high tide, load up, and go out on the •mine tide. Thus such a steamer leaving New i'lymouth, where tides would not have to be studied, could mako a trip a .lay easily. There was also on tho property aniplo timber for saw milhug, export, and local requirements, and for charcoal and every cont-wvabld puipo.se. Mr. Berry added that Mr. Farmer King (the English representative of the company) ifxprcawd the> opinion that tlioi (iovtrument would bo doing a wiso thing if it allocated £25,000 for tho purpo&o of in- j ducing capitalists and industrial men to I visit the country. The Government could treat them well when hero, and show I them tho great possibilities of thft country ! from an industrial eUmdpoint. He considered that moro attention should bo wild to inducing such men to come than m spending &o much on tourists. If capitalists at Homo only inspected the mineral wealth lyiug idle hero Mr. King ia certain tliati there- would bo millions of capital availnblo for investment in tho country. Personally Mr. King considem he could find profitable placing for 4)2,000,000 of capital. Mr. Cyril Tow»oy will resume teaching at 103, Lambton-quay, to-morrow. Mr. Sherwood, watchmaker nnd jowollcr, Cuba-street, announces that he in nailing tho balance of his stock at a substantial discount. All ropaira should bo called for before 24 th Fobruary. Mra. H. B. Mmon notifies inlonding SupU* that hor Monday »nd 'Wednesday anoing olaseon for beginnora will commence on Monday, 29th Fobruary. Intending pupiln are roquestod to coinmunic*to with Mrs. Mason, 56, GUuiznee-alreot, next Bt. Po tor's Church. To Oyoliflts.— -Morrow and New Dopnrture froo whciols fitted for 30«. Repairs executed promptly and reasonably ; also, latest slock of sundries at price* lo suit all at Gates, Lowry nnd Co., Cuba-stroot. — Adrt.

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https://paperspast.natlib.govt.nz/newspapers/EP19040201.2.50.1

Bibliographic details

Evening Post, Volume LXVII, Issue 26, 1 February 1904, Page 5

Word Count
402

Page 5 Advertisements Column 1 Evening Post, Volume LXVII, Issue 26, 1 February 1904, Page 5

Page 5 Advertisements Column 1 Evening Post, Volume LXVII, Issue 26, 1 February 1904, Page 5