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Mawhera Quay, and are authorized to levy tolls in respect of the traffic thereon, The result of Mr Dobsun's Survey shews that a line of Railway or Tramway can be easily constructed ; that practically there are no impediments whatever in the way. The length of the Line which the Company propose immediately to commence would be about seven miles along a portion of the country in which the incline would be about 1 in 440 from the mine to the point of shipment on Mawhera Quay, Greymouth. The alleged difficulty of ingress and egress to the River has nol/ been overlooked, The Directors will, of course, apply themselves to the consideration of the question of towage — at present a costly element. They would, however, remark that with so large and valuable an Estate as the Coalfield at the threshold of Greymouth, which, if properly worked, must be a source of incalculable wealth to the district, it is scarcely possible to suppose that such an obstacle to its commerce will long bo aUowed to prevail. If the interests of the owners of tug boats shall be found antagonistic to the trading of the Company, it will be requisite that the Company shall provide tug vessels of their own. The Directors desire to allude to anothe source of profit wh ich is too important to be lost sight of. The Country above the mines in the Valley of the Grey, aud upon the Arnold, is attracting a considerable number of Settlers, and the trafic returns for the mining and agricultural population there would alone pay a handsome dividend upon the cost of constructing a line of railway or tramway connpuiucai ion between them and the port. A careful estimate of the probable revenue to ba derived from the trading of the Company has been made upon the assumption that 50,000 tons of Coal may be gained per annum, aud brought down to the vessels lying at Gruymouth. After paying liberally for getting the coal, making a fair allowance for office and working expenses, ami a moderate charge for freight upon tho line ; together with 10 per cent, upon Capital, a profit of 25 to 30 per cent, may be anticipated upon a selling price of 10s. per ton for tho Coal placed on board ship at Greymouth. CROWN GRANTS. Notice. — The Undersigned, having made arrangements with an Agent in Christchurch, are prepared to obtain, on the most reasonable terms, Crown Grants (for Hokitika and Greymouth sections) from the Land Office, Christchnrch. For particulars, apply to E. W. JONES and CO., Estate Agents, Hokitika. ORIENTAL HOTEL, Richmond Quay, Greymouth. JAMES MORTON, Proprietor. T> 0Y A -L' HOT EL , _Oj Flagstaff Point. Every attention paid to the quality of the Liquors and the comforts of the Table. Good Stabling. Storage for Goods. G. DAVISON, Proprietor QYDNEYHOTEL Boundary street. I. ABRAHAMS, (Late of the Queen's Hotel), Proprietor. H~iE BANK" H~b TEL: E. C OUT AN CHE, Proprietor, Late of tbe Edinburgh Castle. Can confidently recommend its Table d' Hote, the appointments of its comfortable Bedrooms, and the Excellence of the Liquors. ' PyiHE COVE OF CORK HOTEL has Jl been transferred from the corner of Arney street and Richmond Quay to those spacious premises, on Mawhera Quay, lately occupied by Cassius and Comiskey. In the necessary alterations special attention ha 3 been paid to every improvement that tends to the comfort of visitors. GEO. MARTIN, Proprietor. XJTT H A R F HOTEL, ' ™ Mawhera Quay. JAMES MIDDLETON, (Late of the White Horse Hotel), After a second tour through all the various Colonies, has again returned to Greymouth and built the above comfortable Hotel, where his old friends and the p&blic wil find not only all their comforts as of yore, but these greatly improved on — TravelUug extends one's ideas. JAMES MIDDLETON, Proprietor. WHITE HORSE HOTEL. REDUCTION IN DRINKS. The public are respectfullj informed that all drinks are reduced to Sixpence, and nothing but the choicest qualities wiU be supplied. Nelson Ale, Is per quart. The tables are kept by the proprietor, which for comfort are second to none on the Grey. A few boarders can be taken ; and good accommodation at aU times for travellers, JAMES TAYLOR, Proprietor. HOTEL " AND DANCING SALOON. At this favorite place of amusement, the intervals of dancing are agreeably enlivened by the performances of those Celebrated Artists, PEEL, BURGESS. and COGLIN, Who will Nightly display their various accomplishments. JULES GUERIN, Proprietor. P^ 1 U^ T"S CANADIAN HOTEL. WINES, SPIRITS, &c. , Of the Best Brands only kept. Newly Furnished Bedrooms, and good sleeping accommodation for travellers. A first-class chef de cuisine is engaged to manage the Restaurant business.

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https://paperspast.natlib.govt.nz/newspapers/GRA18680711.2.2.5

Bibliographic details

Grey River Argus, Volume VI, Issue 389, 11 July 1868, Page 1

Word Count
775

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 389, 11 July 1868, Page 1

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 389, 11 July 1868, Page 1

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