Page 3 Advertisements Column 4

Grey River Argus, Volume XV, Issue 1830, 17 June 1874, Page 3

hat this Bank shall. purchase Gold, Jyit merely be prepared to make advances upon it until realised, in the same jranner that it will he ready to do upon Wool, Grain,. or other produce. ■ '.' ,C.r '..-'. : ' .v , ; ... 7th. The amount of New Zealand Money in the hands of the* three Banks from Australia trading in the Colony on the 31st December. Lust,;; as shown by their several returns furnished to the Government, appears thus, without giving odd numbers : - Deposits Circulation Total Union Bank of , •, . , . -. .- Australia „;£870,0p,0, £123,425' £993,425' Bank of New •>■■-.■ .::':• -South Wales 560,000 104,849; .664,849; Bank pf ' Aus- ■-;•:■■' • , , , tralasia ... 193,000 38,9^ 4 \ Showing a total of £1,890,236 or nearly two millions I 'of Money (belonging to colonists entrusted to Boards of Directors in Melbourne or, Sydney tq.control^or manipulate as.it may please, their, tastes' : or as it may be convenient; for'ilhe 'good (if commerce in Victoria or New S6uth'Wales ;■ or : for the beneficial regulation of their exchange operations in those Colonies. ; . - • > Bth. The Promoters, in placing the* foregoing facts before the people"of this Colony, desire to point out the very great disadvantages that colonists are sure to labor under by lending— or rather giving—- such a large sum of money as stated 'above -lib foreign Banks, to be lent back to the people here at very high rates 1 of ''interest) fond on most arbitrary conditions. They therefore have no hesitation in suggesting the prudence and wisdom o£ the colonist's keeping within their, own domain the absolute control of their own' moneys;' as by) sd^doing/ theyl will most effectually destro} the risk of future monetary, disturbances, which , they , have rhad . on more than one' occasion 'po deplort in^'the past, brought ' about' solely^ by 4 some' crisis' that has lint > one or other: of the Australian £olpmes,ywher£ i ; the ; real , interests, of the foreign Bank most strongly take root." 9th. It has been determined^y^the'lPro-*' moters that the first' issue tit 200]00b ; Shares shall be conducted . by; Committees, ,to;ibe' appointed severally; in the chief city iueach. , Province; and no Shares will^ec'gijren^qr' reserved to the Promoters,; but 'each tae'mbef of the Provisional Committee 1 Is willing^ to become a subscriber for the number: of Shares standing opposite' to his name. ; iw ; „;,,;. 10th. . It is proposed at the issue of Shares' above referred to, that 5s per Share be paid on application; that 10s per share be paid on allotment ; that a Call of 5s per Share iibe made and payable" "two months "after allot--ment ; that a Second Call of 5s per Share be made and payable four months after allotment ; and that a Third pall of. 5s per; Share be made and payable six months after-allot-ment— inakingr together 30s paid up per Share. No further ' Call to be made within twelve months of the Bank first commencing business in^ Dutiedig ;_af tf.r which future Calls will not exceed 5s per Share, nor be made at shorter intervals than three months between each Call. ' ._...... Jlth. The Act of Incorporation for; this Bank will "be so -framed as -to 4 limit the liability of the Shareholders to twice the amount of : their: Shares, the same as the other, Batiks. ""•;;•- . . 12th. As a thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending •'The[ Colonial v ßank of New Zealand to th<£ support of all-,Colo-nists having the real welfare of New Zealand at heart;' Such an: Institution is much wanted at the. present .time, and as the\development of the Colony proceeds, its usefulness will also increase, and be more and more appreciated, bothias an investment 'for the saving's of the people, and as a -useful Bank. Judging from the influenc and sound experience possessed by the promoting Members of Committee, V it • js cortain that .no similar Institution has eyei- } It been launched iv the Southern Hemisphere under better auspices. : .; „ ''? The Provisional Cotamittee have already subscribed among themselves for/25,475 Shares, which they' are prepared, to take if allotted to them. ; , .i--, For forms : of : application for Shares and other particulars, apply to to G. W: MOSS and Ca^u . Sole Agents for Greymouth and the Grey River District. Stationery and Fancy Goods; "DOOK AND STATIONERY WAREHOUSE (Next the Bank of New South Wales), Mawhera Quay, Greymouth. C. C. SOMMERS, Wholesale and Retail BOOKSELLER and STATIONER. The largest establishment, and the largest '• and best Stock of BOOKS, STATIONERY, and FANCY GOODS on the West Coast of New Zealand. C. C. SOMMERS is receiving regular supplies of NEW BOOKS and NEW MUSIC by every mail from Europe, and by every Melbourne steamer direct.' C. C. SOMMERS has onsale magnificent PIANOS, and HARMONIUMS^ In Walnut and Rosewwd. • Violins, Flutes,: and Anglo-German- Concertinas, in great variety; A splendid assortment of 'New Goods,! suitable for Birthday and Wedding Preßents. IMPORTANT NOTICE! ; ' C. C. SOMMERS is, appointed Agent for the AUSTRALASIAN and the SKETCHER for Greymouth and District '; , T ,7, ' The propietors of. the Australasian desire to announce through their Agent, , Mr C. Cj Sommers, that it is. their intention shortly to PRESENT GRATIS to Subscribers, ? A LARGE ENGRAyEDSUPPLEMENTJ Giving the Portraits of the. Members of the new Legislative Assembly. . „■_ .... „; ; The .best , ability obtainable has been engaged upon the artistic and engraving, work, and no effort has been spired to make the Portraits a faithful and accurate; Picture Gallery of the new Parliament. .:].-..■ C. C. SOMMEKB receives, his Journals and Monthly Magazines by Suez Mail direct, and guarantees prompt . delivery; t° , Subscribers. '.'• . . Government Depositary for Stamp Duties, ~. O. SOMMERS.