NEW ZEALAND-BOUND VESSEL LOST.
k VALUABLE CARGO. Ee-jeivod 24,1.35 a.m. Sydney, May 23. The Oakburn had a cargo for Aucklind, Wellington, Lyttelton and Dunedin. The less of the Oakburn caused some excitement in insurance cirles. The local agents of the vessel state she carried a cargo of about eight thousand tons valued at two hundred thousand pounds The cargo included a thousand tqns of-rails for the Yictorian Government. Most of the Australasian insurance companies hold lines on the cargo, ranging from five thousand to twenty thousand. The hull, which was valued at forty-five thousand, is believed to be insured in Home ofiices betides.
[The above is the first intimation received by us concerning the Oakland, which has evidently been wrecked or lost at sea.]
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Taranaki Daily News, Volume XLVII, Issue 8118, 24 May 1906, Page 3
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124NEW ZEALAND-BOUND VESSEL LOST. Taranaki Daily News, Volume XLVII, Issue 8118, 24 May 1906, Page 3
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