PETROLEUM.

Taranaki Daily News, Volume LV, Issue 62, 31 July 1912, Page 4

PETROLEUM.

No communication has vet been rereived by Ihe loea! directorate of the 'laranaki i)][ Wells 1.i.,1. as to the date or the project„! arrival at New Plymouth of Mr. .Miliar, the refinery exmcrt. who is coming .mi. from Kmrhtud. ' lie was expecSd to leave Kvdne'v for'Wc'"lington lasj, Saturday, and in" that eesit is possible that he may arrive a I .V w Plymouth by Liu- mail train to-morrow evening.

Xo word has yet been received by (he Inglewood Prospecting and Porhm'Com]iany as to. the fate of its proposition on the Continental market, the option for which expired at Cm end of dune last The local directors are. it is oiider-tood inclined to (he belief thai this aimurs in favor of successful dotation, as when they last hoard~-bs| month- the proposition w:<s on the Paris nmrket. and it is possible that the promoters 'have seen fit to extern! Hie lime owin- to something . being -m vi"w at Paris Otherwise tie. ' d'i'"c!ors think Vh'..wonld have r-ceivod advice of mm-m'-cess. Meanwhile they have nothiim definite to go upon imnn: presinmd ion Ten cast-, ~r ))0 i ~,,,.,,„, „.„,.,, sl|il)n ' (ll] by the P.arawa to Onehnncra last night.