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Tfta* the tpemertdous demajid* for iron Ore, ?created by the war, Has led to Close search, for new sources of supply on 'the hart of overseas merchants, was* proved I lately by a eaibled *egu'esfe .-■■reo'eiyedv.by •Mi* R. Ry Httnt; fiot< Aucklaha, aakkigyif 30OQ toiiif ci **iw«i are.^could ber shipped frbiiir T?at»parav* Nelsony^toy, England/ Frtiihee;" irer.: ltaly ifi. ■ After ycbtisultatknK' with, tho Parapara Iron Ore Companies,' ibVwas found:. that none oould *be slipped, for -the reason .that capiat . was- laokjng to. erett the necessary 'plant. to •and lo^ly the 'ore .into :-the- vessels. ;./ It was istated^' that one 1 : of' ■ the 'companies ■"had 7200Q -.'.torts.'. 9* ov^ a-yailable, but owing .itot; th© ?di(ticiiity mentioned,?, a^id .the.shpijfege of. shippttijg space,- nothing could be done m the matter. As. the development <ii New Zealand's riatunil is ■«,- matter that is . receiving a,, good deal of attention just now, and a heavy demand for iron ore is predicted foi many years after the war, the suggestion that the Government should take ■ steps towards aiding this industry has been made to tiie Efficiency Board by ' .Mr«Hunib.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19170430.2.45

Bibliographic details

Poverty Bay Herald, Volume XLIV, Issue 14285, 30 April 1917, Page 8

Word Count
181

Untitled Poverty Bay Herald, Volume XLIV, Issue 14285, 30 April 1917, Page 8

Untitled Poverty Bay Herald, Volume XLIV, Issue 14285, 30 April 1917, Page 8