Page 3 Advertisements Column 2

Gisborne Times, Volume XIX, Issue 1648, 15 January 1906, Page 3

The Auckland Star states The vain o of the Fuller's earth deposit at the Thames is still being tested by the Gisborne company formed to work it. The ground adjoios the Ophir licensed holding on Tararu Creek, and baa been known for years fo contain Ful'et’s earth, although it was not considered sufficiently valuable to work. Several small parcels analyst by Mr Pond for the company during the holidays bavo panned out an equiyalent of £lB per toD, which leaves a substant’al margin for profit. Is has now been decided to have |ja two-ton parcel dealt with, and this was despatched on Saturday. Should this prove equally satisfactory operations on an extensive scale will be slatted, The deposit is in the form of a slide or broak running ■aorcsj country, and the whole of this slide formation oppears (q be Fuller’s earth, so that should the present test provo as satisfactory as the smaller one, the oompany havo a very va'uable aDd big dividend paying propeity, as it is conveniently situa ed for working, and can bo easily worked, Mr Hardman has been appointed the company’s icpresenta-* tive at the Thames. Our Hastings correspondent repoifcs that an important sale of land was held at Mr A. McGraham’s auction mart, when G. A. Fail-brother, Limited, of Carterton, sold on behalf of the native owners 670 acres, part of VVaimarama run, situated on the Te Apiti boundary'. The landjis at present under a lease to Messrs Meinertzhagen and Moore. The leaso will ex- 1 pire on September Ist, 1907. Mr Fairbrother went exhaustively into the conditions of the sale, which were necossarily somewhat long and complicated, owing to tho native ownership. Before commencing the sale, the auctioneer, in answer to questions from an intending buyer, said that at present there was no title to the land, although the natives held a certificate of subdivision grantod by the Native Land Court; he would, however, give a bond for £2OO as security that the j gale would be completed when the title was secured. Bidding commenced at 4 per acre, and advanced very slowly in, half-crown and, at the finish, one shilling rises, until the land was eventually knocked down to Mr A. L. D. Fraser, M.H.8., at £7 7s per aero.— ' Napier Herald,