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| PONRABBEL II at work dredging the Tamar |
LAUNCESTON, July 6.
This afternoon the Master Warden of the Launceston Marine Board (Mr. D. Storrer) received the following cablegram dated June 30 from Warden E. H. Ritchie, who proceeded to England some time ago to negotiate the completion of the contract for the dredger Ponrabbel II.
"Ponrabbel's trials satisfactory; insured for £90,000, on an average of 3½ per cent. Agreement made with the Pedder Company for taking her out. Returning by Orvieto."
It will be remebered that since Mr. Ritchie has been in England an adjustment of the purchase price has been made. On account of the influence of war conditions the price paid Messrs. Ferguson Bros., her builders, was £38,000.
It is estimated that the dredger will cost £16,000 or £17,000 more to deliver in Launceston.
Now that the trials of the Ponrabbel have proved satisfactory it is anticipated that she will leave the Clyde, where she was constructed, some time next month, and that it will take from eight to twelve weeks for her to make the trip, so that under these conditions she should arrive in the Tamar some time during November. The Orvieto was timed, to leave England on July 3 for Australia.
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