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COMMERCIAL.

.Mr R. Dawson was the purchaser of Mr Justice Hoskins's residence. A meeting of members of the Otago Mutual Starr-Bowkett Society was held last evening at the f/ccretaiy’s office Mr J. 11. Wilkinson (chairman of directors) presided. A ballot lor two appropriations of £SOO was held. The free loan wan drawn by cluster 379. and the premium loan was drawn by two members. A Wellington telegram states that the general manager of the Bristol and Dominion Producers’ Association (Mr H. G. Hill) received a cab leg ram from the head office in Bristol yesterday, in response to one sent last week, asking what price was expected for tallow, wool, and sheepskins. The message reads as follows : *• Crosa-breds : Fine, 17d ; medium. 14d ; coarse, 17d. Steady, good demand, ‘fallow, 26s to 365. Demand good ; prices advancing. Sheepskins ; Full-woolled, lOd ; pc-lte. sd; prices firm." The result of experiments which have been in progress f--r tome time at Moturoa for the conversion of iron sand from Lara naki beaches, where a million tons are held, into pig iron, rtas seen yesterday, when the smelting furnace was tapped. About a ton of molten iron flowed therefrom The demonstration was witnessed by several townspeople, -who were greatly impressed with its promise. Tho patentee expects to bo able to produce a ton per hour when tho works are completely equipped Applications for loans to the amount of £4OO and fur 13 shares were received at this week’s meeting of the trustees of the Money Club. On Tuesday last a bale of wool and sheepskins, presented by Mr M. J- L' s : ter, of Hindoo, to the Belgium relict fund, were offered for sale by Messrs Donald Roid and Co., Ltd. The bale of wool was bought first By Messrs White and Co. for £ll 2s sd, and they presented it to the fund. It was then sold to Messrs Walter Hill and Co., ot Christchurch, for £ll 0s 4d. They also presented it, and it was then sold finally for £lO 9s 4d. Altogether the Belgium relief fund benefits to the extent of £34 2s lid from the donation. The Department of Agriculture is sending a long circular to the Chambers of Commerce giving particulars supplied by the Charge d’Affairs at Panama ns to the demand there for products which New Zealand might supply.— Wellington wire. __

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19141114.2.61

Bibliographic details

COMMERCIAL., Issue 15650, 14 November 1914

Word Count
390

COMMERCIAL. Issue 15650, 14 November 1914

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