Page 4 Advertisements Column 5

Marlborough Daily Times, Volume II, Issue 182, 17 December 1880, Page 4

Notices' abjTi D(;ki) riiosPEOTtis OF Proposed Company for the purpose of WORKING THE VALUABLE MARBLE AX D OTH KR MIXKR AL DKPOSITS at Caswell Sound, Xew Zealand, to he called ml IE CASWELL SOUND .MAI MILE, I PORTLAND GEM EXT, and MINING < 'Oil PA NY, LIMITED. To he registered under “The Mining Company's Act, IST'-. CAPITAL: £30,000 sterling, in 10,000 shares, at £3 each ; 5000 of winch 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 : 5s per share on application, 5s on allotment, the balance in calls as required of 10s per share, at intervals ol not less than three months. Provisional Drnrcerom'. 11 on. Edward Richardson, C.M.(I ~M.J1.R., .T.P., Christchurch. Vlon. J. T. Peacock, M.L.C., J.P., Christchurch. Alex. M'Rae, Esq., Christchurch, W. H. Pilliet, Estj., J.P., Christchurch. W. Stocks, Esq., Christchurch. W. Hutchison, Esq., M.H. R., J.P., Mayor, Wellington. E. W. Mills, Esq., .1. P., Wellington. Hon. .1. A. Bonar, M.L.C., J.P., Hokitika. M’Lean Watt Jack, Esq., J.P., Mayor, Hokitika. lliclul. X. J. Reeves, Esq., M.H.R., J.P., Nelson. A. Stenhouse, Esq., Dunedin. George Munro, Esq., Dunedin. .1. It. Ceorge, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., \\ ollingtou. Hon. Sec. ]>ro turn : Charles Pownall, Esq,, 'Wellington. Hox. TitHASujiKi!, pro (run Alex. M’Kae, Esq., Christchurch. Rankers ami Aoexts : Rank of New Zealand, Wellington, and Branches. Solicitous -. Messrs Buller, Lewis, and Gully. BnOillUiS AN I> Tk.M I'OIiAIIV OI'IToKS of tjik Company : Messrs Charles Pownall & Co., Grey-street, Wellington. MANAnEK pro trill . A. IT. Malcolm, Esq. Copies of Prospectus and Forms of Application for Shares can be obtained from the Brokers, Provisional Directors, or from any of the Branches of the Baiik of New Zealand in this Colony, until the 15th day of December, 1880, at which date all applications must be in the hands of the Brokers, when the lists will positively be elosed and shares allotted. Specimens of Caswell Sound Marble can be seen at any of the Museums in New Zealand: the Chamber of Commerce, Wellington; or on application to any of the oDicers of the Company.

lii 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 Haws 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 linos 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 percent, 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‘2,872, 000 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 javorably consider special grants and concessions in aid as soon as the Company is successfully floated. For further particulars re other minerals found at the Sound, copper, coal, gold, Ac., also the manufacture of hydraulic cement, lime, Ac., 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 he obtained upon application to any of the officers of the Company or from Company’s Agents, the Bank of New Zealand, at any of their branches in this colony and Australia. 213 JAMES & T UNNIOLTFFE, COACH BUILDERS, TITHE ELW RI Ct HT S, HOR SEVV SDOERS, and GEXERAL BLACK SMITUS, Old Brewery, Grove Road, Blenheim. Have commenced business as above and are prepared to execute all kinds of work in tiie above lines with expediency, and at moderate prices. All work guaranteed. 232 To Let. rjYfTE COTTAGE recently occupied ; by the late Mr Thomas O’Sullivan. | Apply to | S 4 ALFRED ROGERS, i