A prospectus has been issued of the South African Land
and Finance Company, with a capital of 500,0001., first issue being to the extent of 250,000/., in 10,000 shares of 251. each. The company has been established to assist in developing the re- sources of South Africa, the directors have provisionally agreed to purchase certain valuable lands in the Eastern Province of Cape Colony and in the Orange River Free State. The eastern portion of the Cape Colony produces annually a large quantity of wool, whilst the cultivation of sugar and arrowroot is steadily on the increase. Mr. C. W. Mathews, who has had considerable ex- perience in agricultural matters, will be appointed a member of the local board as managing director.