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PROSPECTUS OP THE ARROW QUARTZ MINING AND CRUSHING COMPANY. Liability Limited. Capital, £5,000, in 1000 Shares of £5 each. Six Hundred are offered to the Public, the remainder being held by the Promoters, who are the Applicants for the Lease and Prospectors of the Reef. Special provision will be made that such reserved scrip shall not be disposed of until the last call for preliminary expenses has been made, nor at any time under par. Deposit of 10s. per share on application, and 10s. upon allocation, and issue of scrip. The remaining £4 a share in calls not exceeding £l, at periods to be fixed by the Permanent Committee. Promoters and Provisional Committee. W. M'Whirter. H. Wishart Stuart. Alexander Menzies. H. C. Richmond. Max. Mendershausen. Wilhelm Buchholz. Ch. E. Haughton. £. Ings. M. Malaghan H. W. Bracken D. Powell H. A. Gordon Bankers. The Union Bank of Australia. Solicitor. H. E. Campbell, Esq., Queetibtown. Brokers. Martin Sholl, Dunedin. Henry Cope, Clyde. J. B. Bradshaw, Queenstown. E. T. Pain, Arrow Town.

The Reef is situated on the south bank of the Arrow River, about one and a-half miles from the Arrow Camp, and is easily approachable by dray traffic. Water power can easily be made available for working a large number of stampers; thus avoiding the enormous expense of procuring and working steam machinery. The Report of Mr Mining Surveyor Wright is most favorable as to the quality and quantity of the stone. After detailing cerlain experiments, he concludes as follows:—"This trial shows a rate of nearly nine ounces to the ton; and had the quartz been reduced sufficiently fine to enable me to extract all the gold, I make no doubt that it would have yielded at the rate of twelve ounces to the ton. I regret that I could not make a trial upon a larger scale, but as all the quartz raised appeared equal in quality to that which I took, I consider it may be taken as some criterion of the value of the reef." The Prospectors, with their primitive machinery, have realised from Jive to six ounces to the ton, payable gold having been obtained throughout the reef, casings, and underlay. His Honor the Superintendent having forwarded to Auckland his recommendation that the Lease should be granted, a Public Meeting of Shareholders will be convened so soon as 200 Shares have been applied for. Forms of application for Shares, copies of the Surveyor's Report and other information can be obtained from the Brokers, or from the undersigned. C. E. HAUGHTOX, Acting Sec. Provisional Committee. Arrow Town, July 4th, 1864. 435 BRITISH LION CONCERT HALL. FIRST-CLASS MUSICAL ENTERTAINMENT EVERY EVENING. New Local Comic Songs and Sentimental Music. PHAN T A S MAG 0 R I A EVERY EVENING. ADMISSION FREE. 443 P. A. JONES. MILLINER AND JUVENILE DRESS MAKER. ship hitherto subsisting between Mdmes. Whiting and Taylor, Mrs. Taylor begs to return her most sincere thanks to the Ladies of Queenstown and its vicinity for the patronage accorded her since her establishment here in the above business: and trusts that a strict attention to the desires of her customers, punctuality, and moderation in price, will ensure a continuation of their favors. BRAMLEY COTTAGE, CAMP STREET, QUEENSTOWN.

(near the junction of Leet and Dee-streets.) Conducted by the REV. C. SEARLE. The above School will (D.V.) be open for the reception of Day pupils and Boiudtrs, on Monday, July 11,1864. 429

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LWM18640709.2.5.2

Bibliographic details

Lake Wakatip Mail, Issue 125, 9 July 1864, Page 2

Word Count
571

Page 2 Advertisements Column 2 Lake Wakatip Mail, Issue 125, 9 July 1864, Page 2

Page 2 Advertisements Column 2 Lake Wakatip Mail, Issue 125, 9 July 1864, Page 2

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