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NOTES.

Captain W. J. King, late of the Ron, proceeded -to Lyttelton yestor- ,, to join the Rakanoa temporarily jj'plate of Captain C. M'Lean, wlio units ashore for instructions. . lie turbine steamer Maori will sign nierrrcw to-day, and will leave Port (lalmers to-mnrrow to resume her runbj; in the ferry service. ' The salvage work on the steamer Policies is apparently to be a profitventure. The latest advices fram •it scene state that the syndicate conSoiling the work has already sncceeda beyond expectations, although necesurilv progress was slow during the j pitcr months, and that No. 4 hold y been opened. This is full of wool, nhedni £IOO.OOO, all of which, it is 3ted, is easily recoverable. " The & are all intact, and are not seriousiaffectcd by the immersion in water, t ronipauy estimates that it will now jc seven months' fine weather, durs which time it hope's to be able to f iuge at least 7000 bales of wool, in fiion to other cargo. The compE's expenses amount to about £6OO perianth. It takes 60 per cent, of lie «rgo recovered, and the underrfe 40 per cent. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM19101025.2.24

Bibliographic details

Oamaru Mail, Volume XXXVIII, Issue 10594, 25 October 1910, Page 3

Word Count
185

NOTES. Oamaru Mail, Volume XXXVIII, Issue 10594, 25 October 1910, Page 3

NOTES. Oamaru Mail, Volume XXXVIII, Issue 10594, 25 October 1910, Page 3