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GENERAL TELEGRAMS.

Press Association. NEW PLYMOUTH, Sept. 21. There is little to report from the petroleum bores, four of which are in the vicinity of oil measures. AH efforts are being now directed to shutting back water. The question of floating a big refinery company is being mooted. The Stratford Diairy Company's output lias been sold at IOJd and the Elt-ham output at a trifle over 10 7-16 d. Tlie two companies will aggregate about 1400 tons. Dominion Day is to be celebrated here by special evening performances. The amount of insurance effected to date in the Taranaki Farmers’Mutual Insurance Association is £IBB,179. So far the Association lias been most successful, and has in addition to premium notes £925 on fixed deposit and £124 in the general account.

The ironsand industry should soon be in full swing. Mr. Berry expects that a company will be successfully floated by the.end of October, and the experts now working at Parapara will soon be over here engaged in the preliminary work of setting up plant. . CHRISTCHURCH. Sept. 21. Three sailors belonging to the schooner Morning Light. John Erickson, Emil Johnson, and Thomas Murphy, who were, arrested oil the arrival of the boat at Lyttelton yesterday on charges of breaking into a shed on .Takaka wharf, near Nelson, and steal-ing-two lots of clothing were each sentenced to four months’ imprisonment to-day.

OAMARU, Sept. 21. The annual meeting of the Farmers’ Co-operative Association was held today. The directors’ report proposed to write off 5 per ceiit from office furniture and warehouse fittings, 10 per cent from the plant account, pay a dividend of 7 per cent, pay a bonus of 2i per cent on purchases of rh apery, ironmongery and groceries, p-’v a bonus of 5 per cent on salaries, refund 5 per cent of commissions or. grain and stock, 25 per cent on horses, place £772 to reserve, which stand at £3300, and carry forward the balance. The net profits for the year were £4013 15s sd. The report was adopted.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19070923.2.23

Bibliographic details

Gisborne Times, Volume XXV, Issue 2192, 23 September 1907, Page 2

Word Count
337

GENERAL TELEGRAMS. Gisborne Times, Volume XXV, Issue 2192, 23 September 1907, Page 2

GENERAL TELEGRAMS. Gisborne Times, Volume XXV, Issue 2192, 23 September 1907, Page 2

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