Page 4 Advertisements Column 6

South Canterbury Times, Issue 2480, 2 March 1881, Page 4

Business! Notices. Abridge d prospectus OF Proposed Company for the purpose of Working the Valuable Marble and other Mineral Deposits at Caswell Sound New Zealand TO BE CAjjLEI) THE CASWELL SOUND MARBLE,PORTLAND 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.R. J.P., Christchurch ’ Hon J. T. Peacock, M.L.C., J. P., Christ* church Alex. M'Eae, Esq., Christchurch W. H. Pilliet, Esq., J.?., 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. Beeves, Esq., M.H.E., J.P., Nelson A. Stenhouse, Esq., Dunedin George Muuroe, Esq., Dunedin J, R. George, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., Wellington Hon. Sec. pro tem.: Charles Powuali, Esq., Wellington. Hon. Treasurer, pro tem.: Alex. M'Eae, Esq., Christchurch. Bankers and Agents : Bank of New Zealand, Wellington, and Branches. Solicitors : Messrs Buller, 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 "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 nonspeculative 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, 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 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 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 £2,872,600 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 Bound, copper, coal, gold, &c., also the manufacture of hydraulic cement, lime, &c., 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. IN consequence of the prominence given to machine-made saddles and harnes by advertising saddlers, JENKINSON & CO. Announce to their friends and the public generally that machine-made saddles harness do not wear well; that all their Leather Work is hand-made, And lower in price than that advertised as machine-made. Intended purchasers are invited to Inspect their Stock, And ask for the list of prices at 24, Panton street, Haymarket 44, London Wall E.C., and Albion Hall and Albion Palace E.O PJIHE SOUTH CANTERBURY TIME„ Is a DULY APPOINTED GAZETTE For all notices under the Bankruptcy Acs “ SOUTH CANTERBURY TIMES.” THE following AG2NTS have been appointed for this journal: — m . f George Pearson Timaru .. •• j T . S inith Temuka .. .. J. Clinch Waimate .. .. W. Wood Geraldine.. ' .. J. Freeman Pleasant Point .. J. L. Morris Christchurch .. E. F. Cogan. WANTED, AGENTS for the Sale and delivery of this Journal in various parts of the South Canterbury district. To efficient agents a liberal allowance will bo made. Apply, Manager, S.C. Times Office, Timaru.