Page 6 Advertisements Column 7

New Zealand Times, Volume XXIX, Issue 6362, 9 November 1907, Page 6

Reprint from Melbourne ."Age/* 27th ' February, 1907. , AUSTRALIAN IRON. IMPORTANT financial scheme. An interesting new development t is about to take place in connection with the financing of the Australian iron industry. It is announced that a power* ful new company is being registered to erect large works for manufacturing iron and steel in tho Commonwealth. Colonel Stanley, A.M.1.C.5., consulting engineer to the Queensland Government, and Australian, representative of tho world-renowned firm of Armstrong, Whitworth and Co., Limited; Mr F. H. Moles* worth (metallurgist), accompanied by Mr J. Earle Hermann, organising manager ortho Now Direct Process, Iron, Steel, and Metals Corporation, Limited (who have purchased tho Commonwealth and New Zealand rights of the Moore-Hes-keth process for- making iron or steel in one operation) are in Melbourne. These gentlemen are making exhaustive tests at the Moore-Hesketh works in South Mlbourne. . Among tho party, too, is Mr Noakcs, managing director of tho Clyde Engineering Works, Sydney, which employs 900 men, and recently secured the contract for making GO looomotiyea for the New South Wales Government, who is also making a visit of inspection. Tho capital of tho new company is .£400,000, to be increased if necessary, and the site of the works is 104 miles from Sydney, and contains unlimited quantities of iron, coal, limestone, manganese, etc. The board of the now company is a very strong one. Mr J. Earle Her-, maim had an interview with Mr Alfred Deakin, the Prime Minister, on tho above subject yesterday. Messrs Wilson, Rattray and Dauby, the incorporate accountants, have been appointed Melbourne reproeentativos of the now com* pany. The Minister of Defence is greatly interested in' the Moore-Qeekett steel process in its relation to the naval oonstruci tion programme of the Government, and is making private inquiries in that re- 1 gard.—Advt.

(ALGETY AND COMPANY, LTD., WELLINGTON. FOE PEIVATE SALE, OKA A AGEES FEEEHOLD, situated IiOUU 35 miles from Masterton by main rood. 2800 acres easy sloping hills. 200 acres of rich alluvial flat, which when stumped would bo first-ciaas agricultural , land. The property is in two separate blocks, one comprising U2O acres and the other 1400 ocr«». ’ The places are only two miles apart, and can bo well and easily worked as one property. The country is well adapted for carrying sheep, and is splendidly grossed. About 150 acres are in standing bush; 200 acres of bush have been felled this year. First-class bum was got, and a heavy seeding of grass put down, which has come away, and. now shows splendid feed. The property is divided into 13 paddocks, and is well watered in each. BUILDINGS;—The buildings consist of one first-class 8-roomod house and another good 7-roomed house. There is a splendid orchard on the property. The property will winter 2500-khcop and 200 head of cattle. PRICE, ' PEE AGEE. ; This property is well worth inspectii

A SPLENDID INVESTMENT. . A A ACE.ES, V mile from Otatl rail* I Iv way station. - An ideal Sirm for Wellington milk,supply, with, a sure demand for all milk produced: at an overage of over Cd per gallon; 40 acres are let to marfcet gardeners, producing ,6212 10s per annum for a term of about four - years. Bent paid, quarterly in advance. Anomor oo acres can readily be lot for the same purpose .ar .a rental of JtJ per acre, or JE93O per annum. Those amount* total JJ572 10* per, annum, and will , prootioally pay the ■ interest on ■ the whole place, and leaves the purchaser with- 870 acres free of interest. There are * small' clumps of native bush of a, permanent nature, which'would make; grand residential sites, and ar* of great value, owing to the demand for country residences for retired gentlemen and Wellington business men, The whole place is flat and of a dry, warm nature j a porviun is stony. Every paddock is permanently watered by water-races, and the place is quite free from food, It la well grassed, and as a whole is capable, of carrying 8 breeding ewes per acre.. Buildings comprise 4-roorned cottage, woolshtd, dip, etc. Price JC27 per acre, Band in'this vicinity is sailing up t« £io per acre. ABRAHAM & WILLIAMS (LIMITED). LAND, STOCK, STATION, AND GENEEAL COMMISSION AGENTS. LEONARD AND CO,, 4, FEATHER STON STBEET. DAIKY~I'AKM.