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I?nl>lic Notices. SWEEP CLOSES ! SWEEP CLOSES !! • CHAMPION RACE, To bo Enn in Melbourne on JANUARY 1, 1881. JjIRIEDLANDER’S£I ON3ULTATION on the above Event will Positively CLOSE ON THURSDAY, DEC. 30. 1000 SUBSCRIBERS AT 10s EACH. * (FORTY-EIGHT NOMINATIONS.) Intending Subscribers are requested to secure their Tickets at once. The Drawing will take place under the supervision of a Committee to be chosen from the Subscribers present.

SOUTH CANTERBURY CALEDONIAN SOCIETY’S SBORIS. rpHE Date for receiving ENTRIES for X all HANDICAP RACES (boys excepted), will close on Friday next, 24th inst., instead of the 22nd inst. as notified in Posters. Entries can be left at the Office of the Undersigned till 8 p.m., on the above date. Competitors are requested to forward their colors. W. E. WHITCOMBU, Secretary. A BRIDGED PROSPECTUS J\. OF Proposed Company for the purpose of Working the Valuable Marble and other Mineral Deposits at Caswell Sound New Zealand TO BE CALLED THE CASWELL SOUND MARBLE,PORTLAND CEMENT, AND MINING COMPANY, LIMITED. To be registered under “ The Mining Company’s Act, 1872.” CAPITAL - £50,000 sterling, in_ 10,000 shares, at To 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 par pro rata. CALLS —5s per share on application, os 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 J. T. Peacock, M.L.C., J. P., Christchurch Alex. M‘Rae, Esq., Christchurch W. 11. Pilliet, Esq., J.P., Christchurch W. Stocks, Esq., Christchurch W Hutchison, Esq., M.H.R., J.P., Mayor, Wellington E. W. Mills, Esq., .T.P., Wellington Hon J. A. Bonar, M.L.C., J.P., Hokitika M'Lcan Watt Jack, Esq., J.P., Mayor, Hokitika Richard N. J. Reeves, Esq., M.H.R., J.P., Nelson A. Stenhouso, Esq., Dunedin George Munroe, Esq., Dunedin J, R. Ceorgc, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., Wellington Hon. Sec. pro tern.: Charles Pownall, Esq., Wellington. Hon. Treasurer, pro tern.: Alex. M'Rae, Esq,, Christchurch. Rankers and Aoents : Bank of New Zealand, Wellington, and Branches. Solicitors ; Messrs Duller, Lewis and Gully. Brokers and Temporary Offices of the Company : Messrs Charles Pownall and Co,, Grey street, Wellington, Manaoer, pro. tem.: A. H. 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 Bank 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 closed 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 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 available, extensive, and peihaps most valuable Marble deposits in the known world, at all events 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 nonspeculativc character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12s per foot, and :augcs up to £5. Larger blocks are, however, much more valuable, some pure white statuary, without flaws, realising as much ns £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 arc nevertheless absolutely correct. This, 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 800 per cent within twelve months of issue. Referring to consumption of these commodities, it is also enormous. Tire consumption of Marble, Portland Cement, and Lime in the Australian colonics alone during the last twelve mouths 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 has also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully floated. For further particulars re other minerals found at the Bound, 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 officers 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 oflice of this paper. To dLict. 1 mO LET BIX QUARTER ACRE SEC; I TIONB, in Piko township, Pleasant Point. Apply to F. Cullman, Timaru, Bent, 10s each yearly.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18801222.2.18.2

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2423, 22 December 1880, Page 3

Word count
Tapeke kupu
929

Page 3 Advertisements Column 2 South Canterbury Times, Issue 2423, 22 December 1880, Page 3

Page 3 Advertisements Column 2 South Canterbury Times, Issue 2423, 22 December 1880, Page 3

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