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Public Notices. COOKING- STOVES. 53 W W o H o •n •ji S o a 73 W a 73 Ph' a a 73 IRONMONGERY, IRONMONGERY, ICONMONGERY. QLEARANCE gALE OF IRONMONGERY, To make room for Goods landing Ex Crusader, at Port Lyttelton ; AVild Deer, at Port Chalmers ; also Timaru and other ships to arrive. The stock is all NEW GOODS, and will he sold at Very Low Prices, to make room for English Goods. JOSEPH HOUSTON, South Road, Ti.maku. a <r w > a 72 w o S 3 72 t- 1 a Y' 72 p? a \ BRIDGED PROSPECTUS J. Y OF Projro.sed Company for the purpose of Working the Valuable Marble and other Mineral Depositsat Caswell Sound New Zealand TO HE CALLED THE CASWELL SOUND MARI!LE, PORTLAND CEMENT, AND MINING COMPA NY, IA MIT ED. To be registered under “ The Alining Company’s Act, CAPI I’AL shares, at £5 each ; 5000 of which will be allotted at once, the balance being retained for future issue, the original shareholders retaining the right of taking these up when isssued at parpro 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, G.M.G., M.H.R., J.P., Christchurch HonJ.T. Peacock, M.L.C., J. P., Christchurch Alex. M‘Rac, Esq., Christchurch AAMI. Pilliet, Esq., J.P., Christchurch AAC Stocks, Esq., Christchurch AV Hutchison, Esq., M.H.R., J.P., Mayor, Wellington E. AA r . Mills, Esq., J.P., AA r ellington Hon J. A. Ronar, M.L.C., J.P., Hokitika APLcan AVatt Jack, Esq., J.P., Mayor, Hokitika Richard N. J. Reeves, Esq., M.H.R., J.P., Nelson A. Stenhou.se, Esq., Dunedin George Munroc, Esq., Dunedin J, R. George, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., AVcllington ifox. Sue. pro tear. : Charles Pownall, Esq., AArellington, Hox. Treasurer, pro tern.; Alex. M‘Rae, Esq., Christchurch. Bankers and Agents: Bank of New Zealand, AA r clliugton, and Branches. Solicitous : Messrs Duller, Lewis and Gully. Brokers and Temporary- Offices of the Comfaxv : Messrs Charles Pownall and Co., Grey street, Wellington. Manager, pro. tern.: A. H. Malcolm, Esq.

Copies of Prospectus and Forms of Application for Shares can be obtained from the Probers, Provisional Directors, or from any of the branches of the Bank of New Zealand in this colony, until the loth day of December, 1880, at which date all applications must be in the hands of the Brokers, when the lists will positively be closed and shares allotted. Specimens of Caswell Sound Marble carr bo seen at any of the Museums in New Zealand ; the Chamber of Commerce, Wellington ; or on application to any of the ofliccrs of the Company. In introducin'' this eligible investment to the notice of the public, the promoters desire tojstatc that the Company's rights comprise the best, most available, extensive, and perhaps most valuable Marble deposits in the known world, at all events in the Southern Plemispherc. This is sufliciently proved by Caswell Sound Marble securing the first prize at the late Sydney Exhibition against I talian statuary and other valuable varieties. They also wish to dwell upon its known certainty and nonspcculativc 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 blocks are, however, much more valuable, some pure white statuary, without flaws, r ealising as much as £-20,01)0 sterling in Europe. The ordinary price for a block suitable tor 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. This, taking the cost of production as stated, and the very lowest wholesale quotation at l*2s per 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 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 800 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 colonies alone during the last twelve months has been £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 lias also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully floated. For furth'er 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 be obtained upon application to any of the ollicers of the Company, or from Company's agents, the Bank of New Zealand, or at any of their branches in this colony and Australia ; also at the ollice of this paper. rjMIE SOUTH CANTERBURY TIMES Is a DULY APPOINTED GAZETTE For all notices under the Bankruptcy Act

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18801106.2.17.3

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2384, 6 November 1880, Page 3

Word count
Tapeke kupu
890

Page 3 Advertisements Column 3 South Canterbury Times, Issue 2384, 6 November 1880, Page 3

Page 3 Advertisements Column 3 South Canterbury Times, Issue 2384, 6 November 1880, Page 3

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