Shipbuilding.

The district has other resources or industries, which as time passes and capital accumulates, will be developed, and foremost amongst these, both at Riverton, Invercargill, and Stewart Island, shipbuilding will be found, especially for vessels suitable for the coasting trade. Several schooners have been built in the New River. At Stewart Island, where timber; for all parts of a vessel is plentiful, a larger number have been constructed, one or two being of considerable size.