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Hitherto little effort has been made to ex tend the market for coal, the produce of th« Auckland mines. The use of the Bay ol Islands coal by the Union Company'* ateamera and the mail steamers has large!} increased the consumption of this article, and as fresh marketeare being opened for it, the company will be compelled to considerably extend their operations if tliey expecf to keep the supply equal to the demand. The telegrams from Wellington, published in another column, show that with Terj little effort the whole of the Wellington market could oasily be secured for our local coal. Captain Abrara, of the schooner Laurel, recently took a cargo o£ Bay of Islands coal to Wellington as an experiment. This has resulted in a way which is likely to cause the experiment to be repeated again and again, as the coal found a ready sale at from 30a to 40a per ton. Captain Abram has paved the way, and it will be the fault of Auckland shippers and the owners of the Kawakawa coal mine if our local shipping is not kept fully employed, now that it has been found that Auckland can send an article to the South which will find a ready sale at remunerative rates. We see no reason why the iNew South alee coal should not be driven out of the New Zealand market within. 12 months.

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https://paperspast.natlib.govt.nz/newspapers/NZH18790626.2.16

Bibliographic details

New Zealand Herald, Volume XVI, Issue 5494, 26 June 1879, Page 4

Word Count
233

Untitled New Zealand Herald, Volume XVI, Issue 5494, 26 June 1879, Page 4

Untitled New Zealand Herald, Volume XVI, Issue 5494, 26 June 1879, Page 4