COAL, OIL (N.Z.) LIMITED.

Otago Witness, Issue 3804, 8 February 1927, Page 22

COAL, OIL (N.Z.) LIMITED.

Reports on the coal and oil properties owned by Coal, Oil (N.Z.) Limited have been made by two Australian mining engineers, Mr John M'Geachie, of Sydney, and Mr C. Lindsay Clark, of Melbourne. The company’s petroleum field is situated near Dannevirke on lands selected by Dr John Wanner, a German geologist, the largest wells being at Waipatiki, near the northern extremity. Mr M'Geachie says it is reasonable to assume that the source of the gas which flows from the Waipatiki well is of some magnitude, and Mr Clark says there are definite indications which are sufficient to warrant the continuation of the search for oil.

The Calliope coal properties of the company are situated 14 miles from Westport, and Mr M'Geachie describes the coal as of first-class quality, the round coal being of remarkably good appearance,, particularly at the southern or Denniston end of the field. Mr Clark states that, subject to satisfactory results of the tests for quality, a well-equipped colliery on the area would compete under favourable circumstances with adjoining or other coal mines in New Zealand.

ELECTROLYTIC ZINC.

For the four weeks ended on January 12, 1927, 3717 tons of zinc were produced by the Electrolytic Zinc Company of Australasia (Lt«.), compared with 3690 tons for the four weeks ended on December 15, 1926, and of these amounts 100 tons were used at the works during both the periods. The lead produced for shipment to Port Pirie for realisation was 550 tons for the month ended on l5. and 530 tons for the previous period. The number of ounces of silver produced during the four weeks ended on January 12 for shipment to Port Pirie for realisation totalled 81,000, and 83,000 for the month ended on December 15.

COMPANY REGISTERED.

The Mercantile Gazette reports the following registration : — John H. Stevenson (Ltd.). Registered as a private company January 27, 1927. Office: Clyde street, Balclutha. Capital: £2150 into 2150 shares of £1 each. Subscribers: Balclutha—J H. Stevenson 2140, Margaret M. Stevenson 10. Objects: To acquire and take over as- a going concern the business now carried on at Balclutha by John Henley Stevenson, Ford motor dealer, under the style of “John 11. Stevenson,” to carry on business of motor car, motor omnibus, garage proprietors and general incidental.