Page 4 Advertisements Column 5

South Canterbury Times, Issue 2468, 15 February 1881, Page 4

Business Notices*. PROSPECTU S 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 PORT LAND CEMENT, AND MINING COMPANY, LIMITED. To be registered under “ The Mining Company’s Act, 1872.” CAPITAL 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 par pro rata. ' CALLS—Ss per share on application 5s on allotment, the balance in calls as re quired of 10s per share, at intervals of not less than three months. Provisional Directory. Hon Edward Richardson, C.M.G.. M H P J.P., Christchurch ' ’ Hon J. T. Peacock, M.L.C., J. P., Christchurch Alex. M‘Rae, Esq., Christchurch W. H. Pilliet, Esq., J.P., Christchurch W. Stocks, Esq., Christchurch W Hutchison, Esq., M.H.R., J.P., Mayor Wellington ’ E. W. Mills, Esq., J.P., Wellington Hon J. A. Bonar, M.L.C., J.P., Hokitika M'Lean Watt Jack, Esq., J.P., Mayor Hokitika ’ Richard N. J. Reeves, Esq., M.H.R., J.P., Nelson A. Stenhouse, Esq., Dunedin George Munroe, Esq., Dunedin J, R. George, Esq., A.M. Inst. C.E. A. j . Chapman, Esq., Wellington Hon, Sec. pro tem.: Charles Pownall, Esq., Wellington. Hon. Treasurer, pro tem.: Alex. M‘Rae, Esq., Christchurch. Bankers and Agents : 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. Manager, pro. tem.: A. H. Malcolm, Esq. 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 perhaps most valuable Marble deposits in the known world, at all events in the Southern Hemisphere. This is sufficiently proved by Caswell Souna Marble securing the first prize at the late Sydney Exhibition against Italian statuary and other valuable varieties. They also wash to dwell upon its known certainty and nonspeculative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12s per foot, and :anges up to £5. Larger blocks are, however, much more valuable, some pure white statuary, without flaws, 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 ox 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 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 300 per cent within twelve months of issue. Referring to consumption of these commo dities, it is also enormous. The consump tion of Marble, Portland Cement, and Lime in the Australian colonies alone during the last twelve months has been £2,872,G00 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 thi. colony has also promised to favorably con sider special grants and concessions in aid as soon as the Company is successfully floated. For further particulars re other minerals found at the Wound, 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 and at the office of this paper. ENGRAVING. S. T. S T A N S E LL, ORNAMENTAL AND GENEEAL ENGEAVEE. 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