GENERAL TELEGRAMS.

Taranaki Daily News, Volume LVI, Issue 170, 17 January 1914, Page 2

GENERAL TELEGRAMS.

A NEW COAL MINE. By Telegraph.—Press Association. Wellington, Friday. The,opening of the new coal mine of tliu Wnipa Railway ami Collieries, Ltd., Blear Xgaruawahia, i* now within a mensurable distance- The manager is putting in prospecting drives preparatory to opening np the faces to enable a considerable output to he available immediately the railway is completed. Thi>. opening np of this new coal mine will, it is expected, give employment to between 21}!) and 111)0 .men.

FARMERS' MUTUAL IXSURAXCE. Palmerston. Friday. A meeting of the Farmers' Mutual Insurance Co. directors of the Wellington province decided to consider at their next meeting the question of lending small loans to farmers on mortgage, in lieu of placing the amount on fixed deposit. The lire losses for the year commencing April 1 last were only £20(1. The total insurances to date were close on £-240,000.

AUCKLAND VALUATIONS. Auckland, Yesterday. The eityi valuations, inclusive of Parnell and Archhill, show an increase in the capital value (luring the past vear of £],-23!>,0M). -Excluding I'arnell 'and Archhill the increase is CT.US.ti 1!). The capital value of Auckland City is now £15*85,800. PALM.ERS'I'O.X TELEPHONES. Palmers! »n N., Yesterday. A start lias 'been made with the work of installing the conduit svslcm in the local telephone service. The present maze, of wires in the Square will be put underground, leaving only the telegraph wires overhead. This will considerably improve the, appearance of the Square. The system will be extended through tlie. principal streets also.