NEW ZEALAND NEWS.

Dominion, Volume 4, Issue 1016, 4 January 1911, Page 6

NEW ZEALAND NEWS.

THE;QUEST FOR OIL, . (By Telesraph.-Prcßs -Association.) . ■'- '■■■■■ < Gisborne, January 3. Satisfactory indications are- reported from; the, Gisborne Oil Company's. Waitangi. .boW'.-A,-considerable quantity of oil. arid gas is coming up between the Bin. and Oin. piping,- the -Bin. 'piping'ex-tending-57ft.'. below the strata.where the ■ oil'-was 'first tapped at-'Gssft. : The sin. casing, which. is now down to 1447 ft. also shows signs; of gas ,and'petroleum. The,.bore--is now passing through more clayey; slialo for 180 ft. ■ ;• COUNCILLORS : AND ' .. Nelson, January..3. ' As--tho new-:;srunicipal,Act prohibiting directors' of Contracting; companies -or members of 1 firms being.on local bodies docs, not. exempt, existing- -contracts, Councillor Field, manager of the Wilkiiis" aml Field Hardware Company',- whose firm is ''a -ICity.' Councillor 1 contractor, ■will probably, bo -compelled 'to" resign. Tho' firm's contract expires at the end of .March,. There, is some local comment as to why existing annual cbntracts.-wera riot exempted under-the Act as. here! of ore. IN HEAVY FLOOD. . - "•'■' ;■-'.;■. Hokitika,, January 3. There was ..a" heavy, downpour,.of rain _n 'Sunday' arid. Monday,'.culminating in a- loud thunderstorm last, night All outdoor . fixtures were •postponed. The river', is in.; heavy, flood.