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It is proposed to increase tiie capital cl the Oamaru Wooden Factory Company, Ltd., to £200,000, by the creation ot an additional capital of £150,000. A Wanganui businessman commented t,says the Chronicle) on the fact that an overseas steamer berthed at Castlecliff Inst week, and that another was due. He said the fact that Wanganui business houses were able to get direct shipments to Wanganui was going to make a tremendous difference, as it meant on general merchandise, a saving of at least 28s a ton, compared with the previous method of shipping to "Wellington, and then transhipping to AYangnnui. For one thing, it would place \Yanganm business firms on a level with Wellington houses, which would result in increased business in the commercial zone served bv the port of Wanganui.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19240724.2.70

Bibliographic details

Hawera Star, Volume XLVIII, 24 July 1924, Page 9

Word Count
131

Untitled Hawera Star, Volume XLVIII, 24 July 1924, Page 9

Untitled Hawera Star, Volume XLVIII, 24 July 1924, Page 9

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