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No Li cos, AlllillHIKI) VROSI’KCTUS OF Proposed Company for the purpose of WOCKIX'C T! I K YALUA CLIO MAIMJLK A X!) < >Tf i Hit M INT! CAL DK POSITS at Caswell Sound, New Zealand, to he called mill'; CASWKLL SOUND MACCLK, | PORTLAND ('KM KX'l', and M 1 NlN< 1 COMPANY, LIMITKD. To he registered muler “Idle Mining Company's Act, 107-X’ CAPITAL: fnO,ooo sterling, in 10,000 shares, at TO each ; 0000 of which will he allotted at once, the balance being retained for future issue, the original Shareholders retaining the right of taking these up when issued at par pro ruin. ( 'ALLS : "is per siuu’e on application, .is on allotment, the balance in calls as required of Ids per share, at intervals of not less than three months. PuovisroxAi. DruFCTouv. 11 on. Kd ward I!ichardson, <M.( b, M. 11.1?., ('hristehureh. Hon. ■). T. Peacock, M.L.C., J. P., Cliristeh u roll. A lex. M’Cae, Ksrp, ( 'hristehureh, W. 11. Pillicit, Ksij.. .1. P., ('hristehureh. W, Stocks, Ksq., ( 'hristehureh. \Y. .1 futehison, Ksq., M.J l. IL, •).Mayor, Wellington. 10. W. Mills, Ksq., .1.1’., Wellington. I lon. .1. A. Lunar, M.L.C., .1.1’." Hokitika. M'Lean Watt .lack, Ksq., .1.1’., Mayor, Hokitika. Kiclid. X. .1. Peeves, Ksq., ALII. I!., .1.1’., Nelson, A. Stenlious: 1 , .Ksq., Dunedin. (,'eorge Munro, Ksq., Dunedin. .1. lb (ieorge, Ksq., A.M. Inst. ('.lO. A. S. Chapman, Ksq., Wellington. 11 ov. SIK'. pro Inn : Charles Pownall, Ksq., Wellington. llo.v. Ti:K.\sn:i:ii, pro Inn: Alex. Ml Lie, Ksq., Christchurch. CaNKKUS AND AIiF.NTS : Hank of New Zealand, Wellington, and Branches. Solicitous : Messrs Culler, Lewis, and Cully. J’liOh'KUS ANI> Tk.UI'OUAUV Officks of

Till' - . ( 'o.MI’ANV : Messrs ('liarles I’ownall & Co., (!roy-street, Wellington. M ANACI'.U /im /nil : A. 11. Malcolm. Ksip Culiics of iVospeetus ami Forms of Application fur Shares can lie olilaiueil from the Brokers, Provisional I hreetors, or from any uf the I’ranehes of the Hank of 'Now Zealaml in this Colony, until the loth 'lay of I leeemlier, ISSO, at whieli date all applications must lie in the hands of the Brokers, when the lists will positively lie closed and shares allotted.

Specimens of ('aswcll .Sound Marble can i lif seen at any of the Museums in Xew Zea- : land: 11 1 0 (’!i:ti 11 1 >c:r of ('ommerce, WellingLon: oron application to any of tin; Officers of the ('ompany. fn introducing this eligible investment to 1 tlw notice of tile public, the promoters desire to state that the ('ompam's rights comprise j the heat, most valuable Marble deposits in the Southern Hemisphere. This is ! sullieiently proved by Caswell Sound . Marble securing the first prize at the late | Sydney K.vhibition against Italian Statuary and other valuable varieties, 'they also wish to dwell u]ion its known certainty and I non-speculative. character, the ultimate t success of this venture being now well establish ml. The lowest (/notation for this Marble is I 2s per foot, and ranges up to Co. Larger block are however, much more valuable, some pure White Statuary, without Haws realising as much as L‘20,000 sterling in Kttrope. The ordinary price for a block suitable for a life size human statue being about K IOOO. Tile present cost of producin'..' this Marble by manual labor only is about 2s per cubic foot, f.o.b. Those figures may apnear incredible, but they are nevertheless absolutely correct. Thus, taking the cost of production as stated and the very lowest wholesale ((notation at 12s i foot gives the apparently fabulous minimum rate of 000 per cent profit. It is therefore, no visionary matter, as these arc leading commercial lines and the values well known the facilities of production, shipment, high (pialify of product, giving a vast ad vantage over any like property in the world. We will also venture to predict that, the value of the ("ompany's shares will increase at least 1300 percent, within twelve months of issue. Uefcrriug to consumption of these commodities, it is also enormous. The consumption of Marble, Portland ('ement, and Lime, in the Australian ('olonies alone during the last twelve montlishas been L 2.572, (iOf! sterling, and rapidly increasing. ('aswell Sound is a commodious and safe harbor for the largest vessels in all weathers, flic works of the Company being situated at the water’s edge. The ( lovernmc .t. of tids oniony has also promised to jnvorably consider special grants and concessions in aid as soon as I he ('ompany is successfully floated. For further particulars re other minerals found at the Sound, copper, coal, gold, ike., also flic manufacture of hydraulic cement, lime. Ac., together with seie.nlilic, professional, (lovoniment, and other reports with defails of the objects and intentions of the Company, we refer to the. Prospectus w hich can lie. obtained upon application to any of the ollieers of the Company or from Company's Agents, the Hank of New Zen- . land, at any of their branches in this colony and Australia. 2IM !

,IAM ES * Tl-NNldl.l KK.E, ! COACH bUILDKhS, XXJ i 1 !■: E I -\Y 1: i(i iVT S, lIOKSIv . | y si!()KKS, ;iml CIKXKbAL "BLACKSMITHS, Old Rrowery, drove Road, ! llenheim. | Have commenced business as above | and are prepared to execute all kinds ! of work in the above lines with ex- j pedieney, and at moderate prices. j . All work guaranteed. 232 \ To Let. . rpnii COTTAGE recently occupied , 1 ! by I lie late Afr Tliomas O’Sullivan. Apply to St ALKHKD LOOKbS. j

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MDTIM18801116.2.20.1

Bibliographic details

Marlborough Daily Times, Volume II, Issue 173, 16 November 1880, Page 4

Word Count
885

Page 4 Advertisements Column 1 Marlborough Daily Times, Volume II, Issue 173, 16 November 1880, Page 4

Page 4 Advertisements Column 1 Marlborough Daily Times, Volume II, Issue 173, 16 November 1880, Page 4

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