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Mawhera Quay, and are authorized to levy tolls in respect of tlie traffic thereon, The result of Mr Dobson's Survey shews that a line of Railway or Tramway cau be easily constructed ; that practically there are |no impedimei t 1 whatever in the way. The length of the Line which the Company propose' immediately to commence Mould be about seven mill's 1 ' 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 Mawher.i Quay, Greymouth. The alleged" 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 • woiked, 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 be allowed 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 ti o 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, aud the tratic returns for the mining aud agricultural population there would alone pay a handsome dividend upon the cost of constructing a line of railway or tramway comipiuiica* ion between 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 vesst- Is 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 prolit of 25 to 30 per cent, may Ins anticipated upon a selling price of 10s. per toii for the Coal placed on board ship at Greymouth. S^i It O W N 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 Laud Office, Christchurch. For particulars, apply to E. W. JONES and CO., Estate Agents, Hokitika. STORAGE -FOR FREE GOODS, CURRENT RATES, In immediate proximity to the Wharf. WM. W. CARDNO, Mawhera Quay. ./y RN I E..JE.A..L HOTEL, Richmond Quay, Greymouth. JAMES MORTON, Proprietor. SYDNEY HOTEL Boundary street. I . ABRAHAM S , (Late of the Queen's Hotel), Proprietor. fTIH'E BANK HOTEL. E . COUTANCH E, Proprietor, Late of the Edinburgh Castle. Can confidently recommend its Table d' Hote, the appointments of its comfortable Bedrooms, and the Excellence of the Liquors. rriHE COVE OF CORK HOTEL has X been transferred from the corner of An ey street and Richmond Quay to those spacious premises, on Mawhera Quay, lately occupied oy 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 cau be taken ; and good accommodation, at all times for travellers. JAMES TAYLOR, Proprietor. T7ICTOEIA HOTEL AND DANCINS 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. TXT H A R F HOTEL, Mawhera Quay. JAMES MIDDLETON, (Late of the White Horse Hotel), Proprietor. PAU 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 Restaurant bu.sines.B,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680815.2.2.5

Bibliographic details

Grey River Argus, Volume VI, Issue 404, 15 August 1868, Page 1

Word Count
724

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 404, 15 August 1868, Page 1

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 404, 15 August 1868, Page 1

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