PARAPARA IRON COMPANY.

Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8935, 28 September 1907, Page 2

PARAPARA IRON COMPANY.

Almost Floated. Press Association. •New Peyhoutu, September 27. ‘ With reference to a telegram from Wellington re Parapara, Mr Berry informed a Daily Nows reporter that the wire was substantially correct. The amount floated in New Zealand was £103,000 which was raised in record time, £37,000 being subscribed in one afternoon. The English capital is all guaranteed and flotation will ho put in band almost immediately. The modus operand! of the company is not yet settled, but Mr Berry says no doubt works will bo established boro as well as at Parapara, although the latter will probably got earlier attention.