Auction Notices

Sun (Auckland), Volume 1, Issue 186, 27 October 1927, Page 14

Auction Notices

Mr. Chegwiggen will offer several fine car bargains at his usual weekly automobile sale at the rooms, High Street, opposite Central Hotel, to-morrow, Friday, at noon. Accessories, of which a good range is offered, will also be sold. The Easy Payment Furnishing and Auctioneering Company, Ltd., will continue to hold their colossal removal sale of household furnishings and effects at their rooms, 183 Karangahape Road, opposite Newton Post Office, to-morrow, Friday, at 1 p.m. Neville Newcomb, Ltd., will sell by public auction at their rooms, 4 Wyndham Street, Auckland, at 12 o’clock on Friday, October 28, the following property:— Gentleman’s residence of eight rooms and offices, garage, tennis court, fowl houses, glass houses, large section and orchard, two road frontages, section 150 x 287. Can be subdivided. Messrs. Robert C. Carr and Son will sell by auction to-morrow at 12 noon an attractive house with tiled roof, situated on a-quartev acre section on the wellknown Winstone Park Estate. The sale is by order of the mortgagee and under conduct of the Registrar of the Supreme Court. William A. Horne, Ltd., will sell by public auction at their auction rooms, Horne’s Buildings, corner High Street and Vulcan Lane, to-morrow, Friday, October 28. at 1 p.m., a semi-bungalow of five rooms and kitchenette, motor garage and workshop, up-to-date conveniences, on level section 50 x 150 feet, situated at 3 Bollard Road, Point Chevalier. Also, under conduct of the Registrar of the Supreme Court, a bungalow of four rooms and kitchenette, all modern conveniences, on section 50 by 236 feet approximately, situated Oliver Point Chevalier. London Tallow Markets. —Under date October 26, the London office of Dalgety and Co., Ltd., cabled as follows:—"One thousand casks of tallow offered and 50 per cent, sold; good mixed unchanged; other descriptions 6d higher.” Murchison Oil Company. —Reporting for the year ended August 31, 1927, the directors of the Murchison Oil Company state that during the year the bore was continued from 1,494 feet to 3,340 feet. At various depths shows of gas and oil have occurred, proving that the company is operating in petroleum-bearing strata. The latter at present consists of mudstone and sandstone of varying thickness. The presence of oil is evident in the balings. The indications are very promising and it is hoped the drill will soon reveal the beds of porous sandstone which should prove to contain oil in quantity. The report states that additional capital having been raised for the purpose, the directors purchased 3,200 feet of five-inch casing, which has been delivered at the bore. A new drilling cable will arrive about the middle of November. The balance sheet shows that capital to the amount of £14,737 has been paid up in cash. Plant, tools and building have absorbed £7,085.; the cost of the bore has been £3,744; general development amounts to £2,663; deposits and other expenses, £753.