PETROL FROM COAL

New Zealand Herald, Volume LXX, Issue 21577, 23 August 1933, Page 5

PETROL FROM COAL

NEW PLANT IN ENGLAND OUTLAY OF £2,500,000 Dotails of a big now plant for making petrol from coal, which is to be built by Imperial Chemical Industries at Billingham-on-Tcos, Durham, been given by Sir Harry McGowan, chairman of tho company. Tho building of tho plant has been mado possible by tho -decision of tho Government to guarantee a preference of at least 4d a gallon to British-produced petrol. Sir Harry McGowan said that Imporial Chemical Industries have conducted research on tho hydrogenation of coal, tar, and other materials for six years. In view of tho Government's undertaking the directors had authorised a scheme for tho erection of a largo commercial plant at tho company's works, Billingham, where special facilities aro available. "An initial output of 100,000 tons a yoar of- first-grade petrol is aimed at by processing 490 tons of coal a day, and using altogether about 1000 tons a day of coal," Sir Harry added. "The operation of tho plant will give permanent direct employment to 2500 miners and other workers, as well as much indirect employment. "Tho construction of the plant itself, estimated to tako about one and a-half years, will call for much activity in tho iron and steel and heavy industries. Seven thousand men will find direct employment during this period, and it is expected that there will be indirect employment for a further 5000 men. Tho necessary new capital of about £2,500,000 will be furnished by Imperial Chemical Industries, Limited, . from their own resources, which aro ample for tho enterprise, and tho general business of tho company." COUNTRY STOCK SALES PRICES AT FRANKTON DEMAND FOR SPRING LAMBS [rnOM OUR own .correspondent] HAMILTON, Tuesday There was another good yarding of all classes of fat sheep at the Frankton saleyards to-day. "VVethers and ewes met with good competition at prices on a par with last week's quotations. Hoggets were yarded in larger numbers, and. competition waa slightly keener, prices advancing accordingly. The first spring lambs of the season were keenly sought, after at up to 395. Ox beef was in good supply, with a slightly fuming tendency on last week's quotations. Cow and heifer beef of good quality remained firm at unchanged rates. A medium yarding of fat pigs came forward and sold at late rato*. A full yarding of store and weaner pigs mot with good competition and sold at last week's quotations. Tho auctioneers report as follows: Farmers' Co-operative Auctioneering Company, Limited.—Sheep: Heavy prime wethera sold at 24a 7d io 2fis 8d: medium primo wethers, 22s 6d to 23a lOd; light, 19s 9d to 21s 4d; heavy fat ewes, 20s to 21s; medium, 17s to 18a 3d; light, 14s Bd. to lGa Od; killablo, 12s to 13s 3d; heavy P«me hoggets, 18s Id to 193 10d; medium, 15s. 8d to 17b 4d; light, 14s 2d to 14a lid; spring lambs, to 395. Cattle: Runners, £3 8s to £3 13s; vealers, £2 to £2 13a; heavy fat Bteera, £6 30s to £G 16s; medium, £5 7a to £5 10s; lighter, £4 8s to £4 14s; heavy fat cows, £4 lis to £1 14s; medium cows and heifers, £3 12b to £3 18s; lighter, £2 18s to £3 ss; tillable cows, 38a to £2 10s; boners, lGs to 28s. Pigs: Light baconers, 388 to £2; heavy porkers, 33a to 36a: medium. 27a to 325; light, 23a to 20s; good stores, 20a to 23a (id; slips, 18a to 20s: good weaners, ICs to 17s 6d; others, 12a 6d to 15a 6d. ... . Now Zealand Loan and Mercantile Agency Company, Limited.—Sheep; Prime heavy wethers sold at SI 3s to £1 5a 8d; good quality, £1 to £1 2a; medium. 16s to. 19s Gd; good Quality ewes, 18s to £1; medium, 15s to 17s Gd; lighter, 12s to 14s; prime hogget 1 *, 17 1 ! to 19s Gd; good quality, 15a 3d to lGs 9d; others, up to 14s Gd. Cattle: Prime heavy bullocks, £G to £6 12s Gd: good quality bullocks, £5 5s to £6; light bullocks, £4 7s Gd to £5; prime cow and heifer beef, £4 7s 6d to £4 15s; good quality, £3 15s to £4 ss; medium. £2 103 to £3 7s Gd; light, £2 2s to £2 7o Gd; forward, £1 13a to £1 17s Gd; medium stores, £1 Is to.£l 109; others, to £1; medium weaner lieifera, up to £2 12s. Pigs: Heavy baconers, £1 lGs to £2 la: medium, £1 10s. to £1 15s; heavy porkers. £1 7b to £l lis; medium, £1 4s to £1 6«; large stores, 18s to £1 3s; smaller, lGs to 18s; slips, lis to lGs; large weaners, 11* to 14s: smaller, up to 10s. G. W. Vercoo and Company, Limited.— Sheep: Medium-weight fat wethera sold at 23s Gd to 245; light fat wethers, 20s 9d to 21s; heavy fat owes, 17a Gd to 18s 3d: 'lighter fat ewes, 14s Gd to 16a Gd; light and unfinished, 8a to 10a Gd. Cattle: Heavy fat bullocks, £6 to £7; prime light fat bullocks, £5 15s to £5 18s; prime heavy fat cows, £4 10a to prime, £4 to £4 7a 6d; medium-weight, £3 5a to £3 15s; light, £2 5s to £2 10s; heavy fat heifers, £4 to £4 12s Gd; lighter, £3 to £3 15s; light, £2 to £2 10s. Pigs: Baconers, £2 to £2 3»; heavy porkers, 34s to 3Gs; light, 28a to 80s; lighter, 25s to 275; unfinished, £l' to 235; choppers, to 375; good stores, 20s to 21s; good slips, 15s to 18s; weaners, 10s to 15s Gd-; Tamworth sows, in pig, £4 to £i l sfl - -x Dalgety and Company. Limited.—Fat sheep: Beat heavy wethers sold at. 24s to 2Gs; good fat wethers, 22a: light and unfinished, 15a Gd to 18s; heavy fat ewes, to 19s; ordinary fat ewea, 15a to 17a 6d; light and unfinished, 12s Gd to 14s; fat hoggets, 14s to 19s; on account of Mrs. Moor®. Te Mata, the first five spring lambs of the season sold at 395, 84s, 31s, 27s and 2Ga. Fat cattle: Besfr fat bullocks, £G 5s to £7; light bullocks, £4 5a to £4 12a 6d; unfinished bullocks, £3 10s to £4 2s Gd; prime heavy fat cows and heifers, £4 to ordinary fat cows, £2 12s Gd to £3 15s; lignt fat cows and heifers, 85s to t 475. Store cattle: Jersey-cross yearling heifera, £2 4a; boners, 2la to 325. Fat pigs: Best baconers, £2 to £2 4s; light heavy porkers, 29s to 345; light porkers, 2Ga to 28s. Store pigs: Sows in pig, £3 5s to £3 10s; £oos store pigs, 23s to 275; light store pigs, 1.7s to 225; beat weaners, 14a to lGs; others, 12a to JBs Gd. I _____ PRICES AT RANGIRIRI Tho Co-operative Auctioneering Company, Limited, reports having held Rangariri stock sale on Monday, when a heavy yarding of cattle came forward. Fat cattle were In better demand than of late, while store cattle, particularly sound young empty cows and two-year empty heifers, were keenly sought. Dairy cattle, which came forward in heavy numbers, included many of good quality, but tho competition was not keen. Medium fat cows and heifers made £4 4s to £4 lis; lighter, £2 15s to £8 ss; killablo cows, £2 2s to£2 10s; f*£shconditioned cows, to £2 Is; boner cows, to 28s; two-year store steers. £2 10s to £3 3s; sound young empty cows, to £2 2s; two-year empty heifers, to 36a; one-year Jersey heifers, £2 to £2 lis; mixed coloured yearling heifers, to 82s; good quality springing heifers, £5 to £5 JOs; neifers, later calvers, £4 to £4 15s; more backward sorts, £2 to £3 10s; sound cows, £2 15s to £3 15s; backward cows, to £2 ss. CATTL£ AT TE TEKO [iJV TELEGRAPH —OWN CORRESPONDENT] WHAKATANE, Tuesday t Tho New Zealand Loan . and Mercantile Agency Company, Limited, reports having held its usual monthly sale at Te Telco yesterday. Rain fell throughout the sale and thev attendance consequently was poor. All lines offered were sold at reasonable prices. Best quality Jersey heifera close to profit brought £3 15a to,£s 8s; backward heifers, £2 to £3 ss; dairy cows, £2 10s to £4 15s; aged and unsound cows, io £4 15s; forward-condition cows, to £1 10s; store cows, to 255; boners, 10s; yearling Jersey heifers, to £2. SALE OF DAIRY CATTLE [from our own correspondent] PUKEKOHE,' Tuesday A Special sale of dairy cows and heifers was conducted at Pukekohe to-day by Alfred Buckland and Sons, Limited. The yarding whs moderate and the attendance of buyers was small. Competition was dull. Good .quality heifers at profit made from £5 to £G: lesser quality, £3 15s to £4 10s: small and backward, £2 15s to £3 ss. Very few cows wero offered, best sorls making up to £5. TIN IN NEW YORK (Received August 22. 5.5 p.m.) NEW YORK, Aug. 21 Tin (standard), August delivery, is quoted to-day at 43.50 cents a lb., compared with 44 cents on July 29,