Notes and Events.
The Makomako, or the wineberry, as it is usually termed, is one of the most frequent plants in the colony, forming a shrub or tree 10ft to 80ft high, with distant slender branchlets clothed witb red bark ; the broadlyovate pointed leaves are sharply toothed and almost membranous ; the rosy flowers are produced in vast abundance in the early spring, and render the tree most attractive. The wood is white, straight in the grain, and often prettily figured, it is very light and of small durability, but it is highly valued for the manufacture of charcoal for certain kinds of gunpowder.
New Zealand bad in 1896 nearly twenty millions of sheep and in all Australasia only New South Wales that had more.
The South Island has only seven hundred thousand more sheep than the North Island. Whilst the latter island holds 71 per cent of the cattle. There are also nearly double the number of dairy cowa in the North Island.
To the Mines Statement laid before Parliament appears the following warning, may be, addressed to the Anglo German syndicate :— ln the truest; interests of the mining in* dustry I deem it my duty to direct attent'on to the over-capitalisation which has taken place in connection with the flotation of some of the mining properties of the colony on the European market. Tbe absolute necessity of investors ascertaining that the working capital of mining ventures bears an adequate ratio to the amount of cipiial actually subscribed cannot be too strongly insisted on.
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Manawatu Herald, 14 October 1897, Page 2
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254Notes and Events. Manawatu Herald, 14 October 1897, Page 2
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