Mawhera Quay, and are authorized to levy tolls in respect of the traffic thereon, The result of Mr Dobson'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, Gi-eymouth. The nlleged difficulty of ingress ami egress to the River has not 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 snpposo that such an obstacle to its commerce will long be allowed to prevail. If the interests of the owners of tug boats' sh»ll"iJe 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 ariothe 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 comnninica^on betweeii them and the port. A careful estimate of the probable revenue to be derived from the trading of the Company has been made upon the assumption that 50,000 tons of Coal may be gained per annum, and brought down to the vessels lying at Greymouth After paying liberally for getting the coal, making a fair allowance for office and working expenses, and a moderate charge for freight upon the 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 the 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, Christchurch. For particulars, apply to E. W. JONES and CO., Estate Agents, Hokitika. A 11 I E N T A L HOTEL, Richmond Quay, Greymouth. JAMES MORTON, Proprietor. YDNEY H O T E L . Boundary street. I . ABRAHAMS, (Late of the Queen's Hotel), Proprietor. SINGER'S HOTEL (Late Dunstau Hotel), Gresson s r et, OPPOSITE THE COURT HOUSE. Luncheon and a Glass of Ale, [Sixpence. mHE BANK HOTEL. E. COUTANCHE, Proprietor, Late of the Edinburgh Castle. Cau confidently recommend its Table d' Hote, the appointments of its comfortable Bedrooms, and the Excellence of the Liquors. npHE COVE OF CORK HOTEL has I been transferred from the corner of Ad •/ 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. WHITE HORSE HOTEL. REDUCTION IN DRINKS. The public are respectfully informed that all drinks are reduced to Sixpence, and nothing but the choicest qualities will 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 all times for travellers. JAMES TAYLOR, Proprietor. T7-ICTORIA 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 COGLTN, Who will Nightly display their various accomplishments. JULES GUERIN, Proprietor. •V¥T H A R F HOTEL, Mawhera Quay. JAMES MIDDLE TON, (Late of the White Horse Hotel), Proprietor. ;•' • WP A U L." 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 Restaur.ant business.
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Bibliographic details
Grey River Argus, Volume VI, Issue 398, 1 August 1868, Page 1
Word Count
724Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 398, 1 August 1868, Page 1
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