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Timaru Herald, Volume XIC, Issue 13432, 2 November 1907, Page 6

PARA PARA IKON ORE DEPOSITS AND THEIR (DEVELOPMENT. Wjord has at last been received from Home that- the capital amounting to between half a million and £BOO,OOO has, after many delays, been wholly subscribed as the outcome of the labours of the late Sir A. J. Cadman and the late Mr E. H. Smith. The conditions were, that £IOO,GOO was to be subscribed in New Zealand, and Messrs-.. Schwartz Bros., -brokers of Christchurch, diet a remarkably smart piece of work in underwriting tins amount in'a fortnight. •' After 30 yearis of vain endeavours icompariy is ' ready to start work, and it should not be long before the furnaces; of Para Para are going in full . blast.n Many argumenta have been'made against the establishment of iron works in New Zealand, and are undoubtedly,, worthy of consideration. Indeed they would appear fatal io the prospects of the iron industry but for several most important- 'factors with which the public are unacquainted. First of all is the absolutely unique combination of facilities which exist at Para Para for the .cheap production of iiron. Not onlv is the ore °f excellent quality ; and practically , ■unlimited in quantity,, but it is so situated ; that no mining operations are necessary as it can all be quarried in open face. Then again -the fluxing materials, which in other parts, of the-world: have to be carried long distances, can be quarried alongside the iron. l Finally an almost land-locked bay adjoins the leases. Moreover, the countries round the Pacific are rapidy furnishing a; considerable market, and one comparatively -close at hand. Japan, in particular, though possessing plenty of unmanageable ironsand has no other deposits, and -is importing large quantities of pig iron at a high price from England and latterly from America, Information has been'received that the remaining -available blocks have been taken up by a Cliristchurfch snvdicate, and encouraged by fchij} JMessrs. , Webb and Kempthorne intend to cut up their holding adjacent to the;;proposed woi;ks into* small allotments at an early date.' ... FAT LAMBS FOR THE LONDON MARKET. ' To produce fat i'kmbs of the finest quality for export i; undoubtedly the ambition of a. large majority of New Zealand sheepowners to-day. They go to vast expense in procuring suitable sires and producing green feed to "top" off this valuable product of- their flock. It therefore behoves them' to see that no sc-rew is left loose which .might tend to deprive them- of any of the fruits of their labours. Strange to say, however, that screw too frequently is left loose, with a consequentleakage of,.the profits which should go to their owners' jiockets. It is a, greatpity to grow a good crop of rape or turnips and turn. in lambs thereon undipped. There are always more or less ticks about undipped lambs, and these ticks keep annoying the little bleaters to-' such an extent that it is quite impossible for them to make the best of the food provided. Lambs should therefore always be dipped in a uori-poieonous dip of the' best quality before being fed off. A poisonous preparation should never be used for. this purpose, because the latter is liable to give lambs of tender age a slight check, which, <i course, also means so much feed wasted. I ambs dipped according to directions in Quibell's Liquid Dip (non-poisonous) will thrive every hour after leaving the bath, an<l thus put the maximum amOant of profit into the pocke f « of the!r ownere. It. costs only one-fifteenth ptrt of a penny per head to dip your lambs with this -high-class preparation,