Untitled

Waikato Times, Volume XXVIII, Issue 2320, 24 May 1887, Page 2

' We have received from the Secretary of the Canterbury Frozen Meat and DairyProduce Export Company a copy of a circular issued by the Directors to the shareholders. The circular advises shareholders that the negotiations which hare been in progress for some time for obtaining- additional tonnage for the conveyance of frozen meat to London have been concluded. The contract entered "- witli Messrs Tyser and Co. , of London, provides for supplying two steamers, each fitted up to carry '2:2,000 carcases of frozen mutton, of which the Canterbury Frozen Meat Company is to have two-thirds—or say, equal to H,500 to .15,000 carcases each steamer. The period of the contract is two years— or four voyages each steamer—from the first loading of the first steamers in September next. The rates ( of freights are three half-pence per lb for mutton and lamb and one penny farthing perlb for beef, with five per cent, primage, half of which primage is to be returned.* In the same circular it is auuounced that the Diroctors have now decided to reduce the charge for freezing .to j<d pcrlb for mutton during the winter months —June, July, August, and September ; the charge for bags to be the same as at present.— Christchurch Press.

A citizen of Pocahontas, la., has invented a new fuel, which bids fair to take the place of coal in. the prairie .countries. Ha grinds cornstalks and coarse prauio grass together and moistens them. This pulp is pressed into blocks about 12in. long and 4in. thick, and dried. One block will give an hour's steady heat, This fuel can be producedfor two dollars a ton, and the inventor claims that it will last twice as long as tha best soft coal.—Leslie's Illustrated Paper,