Page 6 Advertisements Column 3

Mataura Ensign, Volume 6, Issue 309, 30 November 1883, Page 6

General Merchants GORE, Smaill and Brown's Stock is now re. i Smaill and Brown's if you want go** 3 plete with a splendid at-s^rtment in Furniture, Chests Drawers, bofa«, \V aahevery department — best ever seen in glands, Cribs, Bedsteads, Register Grates, Gore. at and below Dunedin prices. Smaill and Brown are now showing a Smxill and Brown's f<* beet value in large variety of magnificent Kaiapoi and Groceries. Splendid Sugared, per lb.: Mosgiel Clothing, t-omuthing really most full-sized boxes Tea, 15s. Nothing ever attractive, stylish, and durable. seen alike in Gore. Smaill and Brown supply Calicoes from Smaill and Brown's is the right and 3d and stroug Flannels from lid per yd. only piace tor LJouts and Shoes f.-r general value and satisfaction in wear. Smaill and Brown aie now procuring Quality unpalarleled. their Stock direct from the best manu- . — - — facturers. Smaill and Brown, in addition to low — 73; : — r~,— , ; ; 1 prices now charged, will allow to c;>t-h Smaill and Brown's is by far the cheapest £ v flve ccufc _ dißCOunt on elB and bust value House in Uore. Imngs over £2. 20 per cent, cheaper thau town. '_ SmailFand Brown "can supply s rong, Smaill and Brown's is "«w the recogheavy Men's suits at 355., incredible nised establishment where yuu can get value. Come and see them ! best value in Gore. N.B.— All orders by post or otherwise will receive their prompt and careful attention.

Prospectus. ~;i^"6~S~^P E O T US ~~ — OF THE — NIGHTCAPS COAL & RAILWAY COMPY. (LI MITE D). To be registered under the " Companies Act, 1882, Amendment Act, 1883." Capital— £3o,ooo, iii 30,000 Shares of £1 each. 25 000 Shares to be issued at once, of which number the vendors take 10,000 fully paid up. 15,000 are now offered to the public, and the balancH of 5000 retained for future issue. Payment as — One shilling on application, one shilling on allotment, and the balance in calls of two shillings each, at intervals of not less than three months. It is not intention at present to call up more than ten shillings per share. PROMSIONAL DIRECTORS x Mr Joseph Hatch (Agricultural Chemist), Mr G. F. Martin (Manager N.M. & A.. Co., Invercargill luvercargill Mr Hugh Carssvell (Carswell, White and Co.), Mr R. W. Aitkin (Aitkin, Cross ami Co.), Merchant, Invercargill Merchant, Invercargill Mr William Johnston, Bunholder, Wreys Mr j ohn Roberts (Murray, Roberts and Co.), B .c • t, t -ii Merchant, Dunedin Mr J. T. Martin, Brewer, Invercargill „ _, ' _ _ At Alex. Cross (Aitkin, Cross and Co.), Mr Thomas iSurman, Brewer, Invercargill Merchant, Invercargill Mr P. L. # Oilkißon, Hoar Miller (Hcnuug and Mr William Conyers, cl, Invercargill Cnlkison), Invercargill #> Mr Joseph Johnston, lionfvmnder, Inver- Mr E. Huffadine, W heelwright (Huffadine caieill ant^ Bath), Invercargill Mr William Sloan, Merchant, Invercargill Mr. Henry Wilson (CJowper and Wilson), Mr Walter Guthrie (W. Guthrie and Co.), Merchant, Invercargill Merchant, Invercargill Mr D. L. Matheson (Matheson and Co.), Mr George Froggatt, Merchant, Invercargill Merchant, Invercargill Mr John Dalgliesh (Murray, Dalgliesh. and Mr W. J. Moffett, Merchant, Invercargill Co.), Merchant, Invercargill Mr J. H. Smith, farmer, Bayswater Mr W. H. Hall (Trew and Hall), Merchant, Mr William Handyskie, gentleman, InverInvercargill . cargill Mr Thomas Mac Gibbon, Merchant, Mataura Mr W. iSouncss (Green and Souness, AucMr J. E. Mills, Auctioneer, ttiverton tioneers), Gore Mr C. E. Twining, Mining Engineer, Dunedin Mr C. D. Moore, Merchant, Winton Mr John Kingsland (J. Kingsland and Co.), Mr Wm. Murray, Merchant (John Sanderson Leather Merchant, Invercargill and Co.), Melbourne Bankebs — Bank of Australasia. Solicitor— Mr Edward Tanner. BROKERS. ■I-itveioar^ll^-SftSSiS 0- 'VV. Brown, Wilson, Tame aud Co., Roderick Macleod, Chaa. Kout, Thomas Perkin. 1 "-. R.T?, C-aihi3ert2ur-, . . . Dnnedin— Messrs C. F. Black and J, B. Bradshaw. Kelso— Mr Wra. Murray, Tapanui — Mr W. Quin. Gore— Messrs CJreen aud Souuess. I ;\iu. ••-• - Messrs Mac Gibbon and Sons. Wyndhara—Mr I. W. Raymond. ] Biverton— Mr J. R. Mills. Wiuton — Mr C. D. Moore. Dipton — Mr W. i< - . ; l?L-jr. i Lurosaen Mr W. Southern. Qaeenstowu — Mr F. H. Daniels. Otautw '■■. .. ! . Jardiuer. Bluff— Mr W. Brazier-Creagh. — — =ss_ General Managers— Murray, Dalgliesh and Co., JnecrcargU' Mine Manager— Mr John Lloyd. ( J Mining Engineer— C. E. Twining, Esq. C Interim Secretary — J. E. Hannah, Dee-street, InvcrcargiU This Company is formed for the purpose of purchasing from the present proprietors and further developing the well-known Coal fields at Nightcaps, in the district of Southland, and bringing a good and cheap fuel within the reach of the people. Coal is an essential in every household. in* it. j j ■ n , The property consists of 470 acres (more or less) of coal-bearing and good agricultural land freehold, situated at and including the township of Nightcaps, about 120 sections of which have been sold at an average of £40 per acre, with the right . to purchase a further area of land, also Coal bearing, in blocks of not less than 500 acres each, at a price not exceeding live pounds per acre, two and three quarter miles of Railway (including sidings)— also freehold, securely fenced— laid with 401 b. steel rails, and the same in every respect as the Government line to Wairio, of which it is an extension ; having been constructed under the supervision of the Government Engineer, and is maintained by the Government, who run their rolling stock over it. „..«„ , • ,A1 , , « x, The promoters have carefully examined the Colliery workings and the books of the vendors and have satisfied themselves that the property has since the Company entered into full work about 12 months ago, paid a dividend of eight per cent- on the capital invested f £22*000), and is capable of much larger development. The promoters, on behalf of the public, have arranged for the transfers from the venders of all their right/title and interest, in the said Coalfield and Railway for the sum of £25,000 and as shewing the bona Me character of the undertaking, the vendors have agreed to retain is their interest in the new Company, and as part payment of the purchase money, 10 000 fully paid up shares, and to bear all cost of establishing the now Compny. The promoters are confident that if Dunedin and district can support tour or five Col--I,'pripq the large and increasing district within a radius of one hundred miles of Invercargill iaiTwell support one good Colliery. Firewood is daily becoming scarcer and consequently Pnal is in crowing demand ; farmers want it for threshing purposes ; and householders for c^pnpral use ■ and as Manufactories are started in our midst they also will be large consumers. ti,?= fWnanv can supply coal for any or all of these purposes direct from the Mine to any SgS&SwkTßall W BtJmmg^utl*edi^ / To enable every householder tp benefct by the investment, the promoters decided to «ov» tliP shares £1 each, of which it wi 1 not be necessary for some time to call up more Sn one half or ten shillings per share, thus bringing it within the reach of all. What Z T^o^iß^^fj consumer a shareholder and every shareholder a conaiimPT Each extra ton of coal sold lessens the cost of production, and the price at which -it pan be sold The output is capable of being doubled or even trebled at very little additional outlay/the machinery and appliances in this respect being ample for some time to C ° me ssnftfl the Colliery was opened, a little over a year ago, 16,000 tons of coal have been sold The vendors have the contract for the current year for supplying all the Railways in Southland • showing that the qualities of the Coal, both for §te.atn and household purposes, are appreciated. The cost of ppeuipg put the workings has necessarily heeu heavier than will be required in future ; considerable sums having been charged to current expenses, which might fairly have been charged to property and plant account. The supply of Coal on the Company's property is practically unlimited, having been rarefullv tested and proved in every direction. The Nightcaps is the key to the Southland Coal measures ; being the nearest point by rail to the centres of population. Many are under the impression that coal can be developed and brought into market at a tciflin" expenditure of time and outlay. It has taken t]\c venclors a.bput %cc yeaiV ti&e and constant outlay to' bring the mine workings ta their, pnesont pttrfodica. Good varnish and lubricating oil have been extracted from the cdal.. These, together with the fireclay, a*c valuable and important factors in the future welfare of the property, and doubtless, ere long will be utilised. For gas making the coal is about equal to Newcastle, one ton giving 7,600 cubic feet of gas flf if 5-lOLh. pancUe power? wMch is above the test required for gas used in Melbourne and other large towotf. ' * ; v The machinery, plant, tramways and underground workings are all in good order. Everything 'has been done with a view to future as well as present operations^ The appliances for tipping the coal into trucks are not excelled in the colony. A Fairbanks weighbridge, weighing up to twenty -five tons, is close to the shoot ; all trucks pass pyej, £, n( j tyjo vpejghfd QR f his, a record being kept in the Company's office imjnedjatelv a.dThe station yavd has extensive sidipgs both for coal and public purposes j'also commodious eoods-shed, all well suited for a large increase to present traffic, The main road, Wrevs Bush to Waiau, runs through the property at this point, and the station is largely used by the settlers, to which they biing their produce and return wit^ coal and other back-loading. „'... Alongside the station-yard is the mine manager's house, consisting of six rooms, with water laid oft M 5& every convenience ; also three-stalled stable, shed, harness, and storeroom etc, all in thorough order. Near this it is proposed to sink a shaft for 'winding the coal to the surface, tipping direct into the trucks, and bq stjU further lessea the cost of proU ° I°n the township there is a good hotel, post office (with biweekly mail to Wreya Bush and Mount Linton) storee, etc., and the probability of the telegraph line being extended from Otautau at no very distant date. \ . ' ' In addition to the present outlets for consumption, the construction of the Win tonNightcaps railway line (already surveyed) will besides opening up a large extent of good agricultural ■ country, increase • the output of coal by bringing it within easier reach pi' the ' Lake district, where it is Certain to be largely used, there being little or no timber there. . . ,The.promoter.s have no hesitation in saying that a safer investment, capable of much greater development and : profit, "has rarely been put before the public of New Zealand. They believe that a concern of this' nature is more profitably worked ag a Joint Stock Company, where all have an interest in promoting (directly and indirectly) its furtlier development, and have every confidence that it will meet with a favorable reception from the public, ana prove a remunerative investment. As illustrating the success of similar Companies, the promoters would point to the; Eaitangata Kailway and Coal Company, which this year has paid a dividend and bonus equal to twenty per cent., besides carrying forward a considerable sum. . r . ' , . ■ ■.- • Copies of prospectus and forms ■of application can be obtained from tho Provisional Directors, the Company's brokers, any of the branches of the Bank of Aust.rala«iav at the offices o£ the ' Company, Esk Rin-ct, or frJm the un.-tersignctl. - • The share list will close on Blaf. i)ocember, 1B»."3. •' .• . . i j j, E. HANNAH, IXTPiRIM SEqsaiAF.v,