17 FEBRUARY 1855, Page 9

The separation and sale of the several substances of which

Irish peat is composed, promise successful results to the speculators. According to a statement by the Irish Peat Company, 775 tons of peat were reduced in twenty-two days to their elements, at a cost of 6s. 10d. per ton. The pro- ducts-ammonia, naphtha, lubricating oils, light and other oils, paniffine, realized 5651. 18s. 8d. The cost of working was 264/. 15s. 10d. ; profit, 3011. 28. 10d. The manufacture of charcoal and the smelting of iron are to enter into the Company's operations.