WOOD PULP.

New Zealand Herald, Volume L, Issue 15390, 27 August 1913, Page 7

WOOD PULP.

NEW QUEENSLAND INDUSTRY.

[FROM OUR OWN CORRESPONDENT.] Sydney, August 16. A new industry has just been established in Queensland. This is the production of wood pulp. The Federal Parliament decided last year to givo a bounty upon the production of pulp, the amount being five per cent, on the market value, and the duration of the encouragement five years. The Act was only assented to in December last, and early in tho year the concessionaries from the Queensland Government were vigorously pushing forward the erection of their works at Yarraman, under the ranges to the north-west of Brisbane. There are immense supplies of pine in the neighbourhood, and the works, which were formally opened by the Governor of the Northern State (Sir William Maegregor) last Saturday, are now actually turning out pulp. Sir William Macgregor referred to the gradually increasing scarcity of paper, and expressed the hope that paper mills would be established before long. A considers, le amount of capital has been put into tho venture, and one feature of it will be that while the best of the timber will go upon the market, the branches and small stuff, dually wasted, will go to the pulping works. ,