Page 4 Advertisements Column 2

Otago Daily Times, Issue 172, 4 June 1862, Page 4

BANK OF NEW ZEALAND. AN AGENCY of this. Bank has been established at W'aitahunn, under the management of Mr. Alii-cd Jone«. liv order'of the Board of Directors, GEORGE M'LEAN, Manager Dunedin. 23rd Dec. 1861. BANK OF NEW ZEALAND. Incorporated by Act of the General Assembly. Capital, £500,000. THE DUNEDIN BRANCH of this Bank was opentul for the transaction of General Bunk intf Business on Monday, the 2nd December, 1861. Hales of Interest; Discount, and Exchange, and terms of business may be ascertained upon ipplication at the Bnultinjr Office, Rnttray-street. By order of the Board of Directors, GEORGE M-LKAN, Manager. Bunedin, 23rd Dec, 1861. BANK OF NEW ZEALAND. THE dividend, declared at the half-yearly meeting of Shareholders of this flank, is now payable on application at their Banking Offices, Rattraystreet. By order of the Board of Directors, GEO. MoLEAN, Manager. Danedin, 29th May, ISS2. BANK OF NEW ZEALAND. npHE fourth instalment of ill, payable on shares L allotted iv this Bank, in the Province of Otaio, has been fixed by tha Directors to be paid at Dunedin on tlio IStb of" August, 1862. iiy order of the Board, GEO. MoLEAN, Manager. BANK OF NEW SOUTH WALES. Capita!-,, £750,000. Krservk Fnsn, .£218.000 AN AGENCY of tha Bank of New South Wales has been opened at WETHERSTON'S for the purchase of gold, receipt of deposits, _and grouting drafts on the num.erou.-i Branches of the Bank iv New Zealand and Australia, also on the London olGce. Drafts siiao granted payable r.t the various branches jf the National Bank oi Ireland. JAMBS A. DOUGLAS, Manager. Dunedin, Ist March, 1802. BANK OF NEW SOUTH WALES. Capital, £750,000. Keskrvb Funb, £218,000 DUNEDIN BRANCH. DRAFTS GRANTED, on the most favorable terms, on the numerous Brandies of the Bauk in New Zealand and Australia ; also on London, and payable at the various Branches of the National Bank of Ireland. INTEREST is allowed on Deposits as under : — On the minimum monthly balance of current accounts ... •■ ■- 2.' percent On deposits fixed for three months .. 8 per cent. Do. do. six months ... 4 per cent. Do. do. twelvemonths ... 5 pur cent. Advances made on wool or other produce hypothecated to the Bank. Local Bills, bearing two gooA names, discounted. Agencies of other banks undertaken on reasonable terms. JAMES A. DOUGLAS, Manager. Dunedin. Ist March 1562. BANK OF NEW SOUTH WALES. Capital, £750,030. llrskovb Fund, £218,000 TUAPKKA AGENCY. | FOR tiie Purchase of Qold, receipt of Deposits, and issue of drafts on the numerous branches of the Bank in New Zealand and Australia. Drafts also granted on London, and on the variou3 branches' of the National Bank of Ireland. JAMES A. DOUGLAS, Manager. Dunedin, Ist March, 1802. ___ NELSON. We have no Nelson papers, hut from the Wellington Independent of the 27th, we learn that, at tho request of a number of gentlemen, his Honor the Superintendent had convened a public meeting of the inhabitants of Nelson, for Wednesday, the 28th inst., to take into consideration what steps it is desirable to take in anticipation of the arrival of his Excellency Sit- George Grey. Mr. Burnett, Colliery Engineer, has sent in a Report on the West Coast coal-fields to the Provincial Government. The report is highly favorable, and proves the existence of extensive and valuable coalfields on the West Coast. Mr. Burnett, in speaking of the Buller coal-field, remarks: —"Part of the j Bailor coal-field is situated on the elevated table land to the north of Mount Roc'ifort. I say part of it, because at present I am not prepared to say how far it extends in any direction ; but this I can say —that the whole of the table land (many thousand acres in extent) is a very rich coal-field, containing a great number of workable seams similar in quality to the Grey caal, aud which can be worked, I think, at less expense.". A tramway from the mine to the port is ensv of construction, tho length would be about twelve miles, and the difficulties are by no means so great as those overcome by the Dun Mountain Railway. Tiie Buller harbour can be used hy ordinary vessels of 200 tons, and by 300 ton vessels built for that purpose. The following is an abstract of, the " Probable Revenue of the Province of Nelson, for the year commencing Ist April, 1563": — £ s. d. Balance in Treasury at commencement of financial year 4,022 18 5 Customs 7,000 0 0 Publicans' Licenses 1,200 0 0 Auctioneers' Licenses 200 0 0 Education Rate 2,000 0 0 Incidentals 1,500 0 0 Proportion of Provincial Debt to bs paid by Marlborougii Province .... 60:5 12 5 Ditto of ilebtto (Jeuei-il Government to -be paid by ditto 800 0 0 Land Revenue (exclusive of debt to General Government 29,400 0 0 Gold Fields' Revenue 530 0 0 Total estimated Revenue £18,45(3 10 10 Importation ok .Shkep.—The ship Eli Whitney arrived iast evening from Melbourne with 2,000 owes. These sheep had beon,.ordered, ye believe, by one of our flockowncrs, to get a change of blood, and to improve uenerally the character of his flock. The-Grey Coat-.—By the last steamer from Auckland, a despatch was received by his Honor the Superintendent from Mr. Fox, the Colonial Secretary, enclosing reports made by certain tradesmen in Auckland upon a sample of l-he Grey coal which had been given them to test. Messrs. Vickery and Mansfield, of the Albert Foundry, say : —" We have takeu every opportunity of trying thu coal sent us, and find it to be of a very superior quality, and a good coal for getting steam. It givt-s a great heat where there is a proper draught, burns quick, and gives a clear and full fire, with little smoke. It leaves clean fire-bars, is free from eHnkers, and does not require much j-tirring, burning to a white ash." Mr. Davidson, coach-builder, horse-shoer, &c, says :—" I beg to inform you that I have fjiveu the Nelson coals that you scut me a fair trial in my forges, and I consider them a good'sample of smithy coals, and if they could be got at a reasonable price, I have no doubt they would be in demand." Mr. Edward Wall says :—" I beg to state, for the information of the Colonial Secretary, that the sainole of Nelson coal sent by him for trial is the best New Zealand coal which has come to my notice ; the fault with them is that they are too light, but they do not leave any clinkers. I consider th'eni to bo better than any of the New South Wales coal, with the exception of the Walls End coal." The Lachlan. —Mr. Clemesha, of Ballarat, has just returned to that town from the Lachlan. He frfves to the Star a not very encouraging account of the place. Tliero are 22,000 people here. Out of the whole number of persons on the ground, it is generally agreed that not more than from 450 to 500 are getting (?olcl, so that it -will be seen that new comers would at present have a small chance. The ■whole of the leads are worked on the. frontage system, and therefore the chances of pushing in would be very slight. In a business point of view the place is decidedly overdone. Tho whole of the available sires for stores have been taken up and are held for business purposes, or as a matter of speculation, and very high prices arc demanded. If the prospecting parties should strike gold, the place will undoubtedly be much improved; but at present there is no chance for a new speculation, as a largo number of miners will not be able to stay out the length of time required to see the results of the works now being'carried on. Board enn be obtained for from £1 to £1 ss. per week, but horse feed is very high, hay being £30 per ton ; oats, 18s. per bushel; and maize, 10s. per bushel. When the wet weather sets in, and it probably has by this time, communication with Sydney will be almost cut off, and everything will rise very greatly in price, and continue dear during the winter.