Page 4 Advertisements Column 4

Marlborough Daily Times, Volume II, Issue 178, 3 December 1880, Page 4

NoticesABRIDGED PROSPECTUS OF Proposed Company for the purpose of WORKING THE VALUABLE MARBLE AND OTHER MINERAL DEPOSITS at Caswell Sound, New Zealand, to he called rpHK CASWELL SOUND MARBLE, 1 PORTLAND CEM ENT, and MINING COMPANY, LIMITED. To he registered under “The Mining Company's Act, IST-. ’ CAPITAL : £50,000 sterling, in 10,000 shares, at £5 each ; 5000 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 rata. CALLS : 5s per share on application, 5s on allotment, the balance in calls as required of 10s per share, at intervals of not less than three months. Provisional Directory. Hon. Edward Richardson, C.M.G.,M.H.R., J.P., Christchurch. Hon. .1. T. Peacock, M.L.C., J.P., Christchurch. Alex. M ‘Rae, Esq., Christchurch, W. H. Pilliet, Esq., J.P., Christchurch. W. Stocks, Esq., Christchurch. W. Hutchison, Esq., M.H.R.. J.P., Mayor, Wellington. E. W. Mills, Esq., J.P., Wellington. Hon. J. A. Bonar, M.L.C., J. P., Hokitika. M’Lean Watt Jack, Esq., J.P., Mayor, Hokitika. Richd. N. J. Reeves, Esq., M.H.R., J.P., Nelson. A. Stenhouse, Esq., Dunedin. George Munro, Esq., Dunedin. J. R. George, Esq., A.M. Inst. C.E. A. S, Chapman, Esq., Wellington. Hox. Sec. )>ro tnn : Charles Pownall, Esq., Wellington. Hon. Treasurer, pro tnn: Alex. M’Rae, Esq., Christchurch. Bankers and Acents : Bank of New Zealand, Wellington, and Branches. Solicitors : Messrs Buller, Lewis, and Gully. Brokers and Temporary Offices of the Company : Messrs Charles Pownall & Co., Grey-street, Wellington. Manaoer pro tnn : A. IT. Malcolm, Esq. Copies of Prospectus and Forms of Application for Shares can he obtained from the Brokers, Provisional Directors, or from any of the Branches of the Bank of New Zealand in tiiis Colony, until the loth day of December, ISSO, at which date all applications must he in the hands of the Brokers, ■when the lists will positively he closed and shares allotted.

i Specimens of Caswell Sound Marble can i-be seen at any of the Museums in Now Zea- | land: the Chamber of Commerce, Wellingi ton; or on application to any of the Officers of the Company. In introducing this eligible investment to the notice of the public, the promoters desire to state that the Company’s rights comprise the best, most valuable Marble deposits in the Southern Hemisphere. This is sufficiently proved by Caswell Sound Marble securing the first prize at the late Sydney Exhibition against Italian Statuary and other valuable varieties. They also wish to dwell upon its known certainty and non-speculative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12s per foot, and ranges up to £5. Larger block are however, much more valuable, some pure White Statuary, without flaws realising as much as £20,000 sterling in Europe. The ordinary price for a block suitable for a life size human statue being about £IOOO. The present cost of producing this Marble by manual labor only is about 2s per cubic foot, f.o.b. 'These figures may appear incredible, but they are nevertheless absolutely correct. Thus, taking the cost of production as stated and the very lowest wholesale quotation at 12s per foot gives the apparently fabulous minimum rate of 500 per cent profit. It is therefore, no visionary matter, as these are leading commercial lines and the values well known the facilities of production, shipment, high quality of product, giving a vast advantage over any like property in the world. We will also venture to predict that the value of the Company’s shares will increase at least 300 per cent, within twelve months of issue. Referring to consumption of these commodities, it is also enormous. The consumption of Marble, Portland Cement, and Lime, in the Australian Colonics alone during the last twelve months has been L 2,572, GOO sterling, and rapidly increasing. Caswell Sound is a commodious and safe harbor for the largest vessels in all weathers, the works of the Company being situated at the water’s edge. The Government of this colony has also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully float- ! ed. For further particulars re other min- ! erals found at the Sound, copper, coal, i gold, &c., also the manufacture of hydraulic ! cement, lime, <fcc., together with scientific, | professional, Government, and other reports with details of the objects and intentions of the Company, we refer to the Prospectus which can be obtained upon application to any of the officers of the Company or from ! Company’s Agents, the Rank of New Zea- I land, at any of their branches in this colony and Australia. 213 .JAMES A TUNNICLIFFE, COACH BUILDERS, IT7HE EL WE ICtH TS, HOE SESHOERS, and GENERAL BLACKSMITHS, )ld Brewery, Grove Road, Blenheim. Have commenced business as above ,nd are prepared to execute all kinds if work in the above lines with ex>ediency, and at moderate prices. All work guaranteed. 232 To Let-rp-TE COTTAGE recently occupied by the late Mr Thomas O’Sullivan. Apply to ALFRED ROGERS. | St