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P. fi '.'oos 1 »ip'. E->o J rut • OF THR / .//'TPANY* LIMITED, .I- 8 West Wmi.NCi Ikiet, Neison. I To be .registered[ '/The Joint Stock Companies Aot, 1860," j to ba inormeoheu deemed advisable to £50,000.' I i per Bhare to be paid oii Bhilliiigß per share,;pui,|»liotmenk;iaiid one month after me.registration off,the 1. Company. " Ki • IBOVMOHtt DIREOTORT.vii')! - Mi' Andrew Young Mr John Plimjner I Mr J. Barber Mr J..fli',Wallace i " Mr,T.Sloan Mr James.Hiighes! Mr R. Sloan Mr A;,de Mr P. p. Moore Mr James Kussell, I With power to add to their number,]: • ' Head-quarters 1 of 1 tUe" Company, ; bo. at Wellington, j j Pankk.'S!.,,, „ii K j The National I'ank of New Zealand;;''' Solicitors: I. Messrs Brandon, Shaw, nn(J','Bran4on.i; j • Secr ttTA rv i (jfjro, (eni.) i:! <ii I '" ''BiioKEMl; 11 Messrs Ledger .an^ ( Hid«on,' h Custpm;Hopse' v ..,,""',Qtiay,Wellipgton.j ;> ■,,,!] —" .taro# This property, lately known as tho" W«at Wanganui Coalfields,''j which ;it. is proposed to'trausfer tb'tha'new Company, is held bjr thi- proprietors - tiriiler tvy;(),,;l^uqes, frt>ms the drown of 320 acres eicii for ,')0, years,.at a total rental of £32 per annum, and \e.royalty of fid per toil, or one-fiftiotli of the Coal tis situated in the ;\yest .Wabgariui Inlet, - the North-West" ,tjia r,;MiddU Island, 100 miles Irom'Neison. ilGO.'fftiles from Wellington, W„.milps jCiipe airid about 20 miles by ; jrpad;.froni Collingwood in Golden Bay., j 3 .ft I This inlet, or, land-lockedihftt!b.qr l ,if( the best on the 'West Coast, tanceof some 9 miles in length by ,li >in broa'lth, and being acted upon - by;the sea only is never subject, to floods, while i'con-' sidering 'its contiguity ( to',jail, population, 'is calculated 1 that [screw steam colliers will,be enabled,to'make;from 1 !B ! tolO'tHps par month.', S The Coal is good for all-round purposed,! 'and is%pll-k!&bwh iWanganui j, ; NMBbh, ! ind other, places, as.the and! best" 1 ! foi'l'ari 0 Coali measuring oa an'avbrage 3ft ,6inithiok,j is tho eiisiest'to wort (on tlie,. ,'iiongwaU" system) for the production of large Coal without slack or, : ,:,Jhe strata above the' Coal is soft, and can bo put down without the use-of'powder 1 , 1 anceor mining timber close at plenty of fresh water and other natural'!)d. l vantages, which go far to inoreasejthe .value of the mines. 5 The present proprietors, in order, tojatisS fy themselves that tho Coal extended ovet S large area, lataly, at considerable,'expense,' put down several bore tended with thorough satijsfaptoiy .results, 1 and it is estimated that the property? iwill yield 2£ million tons of Coal, or.,about i3OQ tons per day for 30 years,,,, l( , w : / „ K It is pstimated that'when.jhc;! surface! works are constructed, arid the Mine opened! out that 2000 tons of Coal'dajiibe ruisediper: week, and put on board stiip*at>'pofti'of ,Q» per ton, and sold at from 13sto i! j6s ; p.eri l t6ni< leaving a profit of say 6s per ton, tons £6OO per week, !i 5 „ .. The contiguity of the Mine|j theipropofed) staiths, and to the, eutrancb'of i thfe llrilet;l nrflflfUr nnli«nnon «'« ..ll—l- m v. ertabled to'load and 'put des. . (the'statistics of'lßßl show the, increasing demand in New Zealand 'for coal and the inability of our coHeries' to meet (the.same,; although in that year f!p,OOQ tons more were raised than in the previous year, the imports I from .Australia Were alio greater," during the same period; and it is said , by, those. com- . to judge) thkt if all', the., Coal Mines at work and projected in 'New Zealand were properly developed, there would still be a , Operations can be commenced, 1 ; arid the Mine opeiifd out; and Cial•' put in kct.\vithout considerable expense!;Tiie,surface works will be extended'as' ; itlie ;, out'put' increases H> I--'i '■ .It.is .therefore proposed that tH. fehall proceed to work the-imniriw? soon,' lOOO.phares (irrespectiveofpromotersT have been subscribed for. 1 " " Ml I The .estimateslgivefrbelOwj' are for'tlio'full completion of the'worka. ; The proprietors will reserve to themselves' 1300 paidriip shares'for: expenses' inenrral, pi.oving',the;lease and-'iforih'eir; mtires!;''iii! the Mine; .Theso shares will nbtie 'trans-' ferable until a dividend shall be paid oil tiie subscribed capital;• ' . f .Over. 300: shares have already' been- taken : up by the present proprietors, ' ; The original! report and estimate's, also carried out the prospecting works); may bo,seen at: the tillkes of Messrs'-Tiedger krid Hickson,Custom; House Quay, Wellington. 1 ; ESTIMATED COST 'o?[ WU. v.\ 160 chains of ,a',. level, tt amway! jforliorse haulage ;,,,, ;i ~v if4ooo ; 0 ; 0 ; 'Staiths to', hold. HOO-, tons ,ol- nf ' ■ " • iMai;,::.;;', ;V.::.v ~...: ■ 220000 Rolling-stock,, (tubs ; to ; hold ■■■■ 5 10e^'t);..",'... 'VBOO 0 0 Opening out mine 1200 0' 0 ; Machinery-, for,; winding-, arid:-u"'' j'< •mumpinEf, including ■> i-i-s 11 fpun^atjoiiB,,&q; : |. Lfl .)miS 3000-0'0 r , WorkmenV houses;.,.. m -'6OO 0 ! 0 ; 120010 0 Total:.',;;:;;;.".!,...» Kl „ meoo ''oo 1 TO BUILDERS, CONTRACTORS AND ' j j. jTHBjPUBLIGi .tsov.a j «i';,^7AKELIN 3 ANDtHAWKINS nYV erected a'Breaking-down Frame to their audi ihavirigi! just received''X : .shipment of'the lateßtiimproved'maohinery ' bj(th'e last 'Frisco; -Mail boat,-simakiiig 1 their' Mill -o'no of tjip most complete iii the pi-bvinfee of VVellington,-.they, arelprepared to'Blipply Heart of Totara, Matai) -Kimu, or White ' 'Pine, ' quantity,' at the lowest poasible prices. I Moins !,i!i ' listZfJ ~,1 I-...~'ll..1- Ifipors' jy[ o Vl^ing£ Timber alvfays on ha'nd a'nd'made tp,' order," tespectfully'feolicited. V|^', ut soli iu t A fltb6k f t)f'Toiara' polt's, 'Shjngles, ne shortestiiotice; ,r I oii) Jill Vioilj notion &} sis . (OS i -"oi «-OESSS- i!il^k ibl,s wi '• 10 jttf 60 ; i' !, 46,'jdth'er ! wholesale 'orlretall,, CpliDrtaj'-'follpdl' diamond, l jiiate l| >'d'em< ■bosfeed t glass'in■ gteat vanity,' A .'""" vN AGONAL...EIRE-ANDMARINE INSURANCE CfOMPANY OF-'^'' 1 mz&hM- ' >' M-Tr"*'/ 'Y/vm\f iV I Reserye .Fjund,' £BO,OOORe-iriaiiranii9. : Eeß^eiFund;"£2B l OOOV H L6sßes pai'dV's 1 years, £361,368, j ul -, ; n'-'il, " oi'j WUCEWAIiACE, ;-• (i H - XIT irfrfv 10'J k /.' I -'''''' - '' UASTEMON iOE^T3^-'i LOWES AND lORNS, , M , 51 |. !B an.i J ;ill28 ! Soiira" b'b i't is; p - r*' J • rijijiwiii! l ') 'iii j ,4 i i* ,Hcad office: WELLKQTON^ Golds and /Par<!eliU sentl ''or I r c6lleoted thioughout. New Zealand'- and Australia, ui [Ho^iaa .jYfork idone. (Parcels b'ollebted and Railway i Station, • delay andiex*; i^bsAy ) %ing.their goods'consigned difeot aboye.,i:iv/ brtiW 1-feliijiffMl BIBHOPj'Jun r .„o'filQJi: irnge,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18820915.2.13.7

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume 4, Issue 1179, 15 September 1882, Page 4

Word count
Tapeke kupu
988

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 4, Issue 1179, 15 September 1882, Page 4

Page 4 Advertisements Column 7 Wairarapa Daily Times, Volume 4, Issue 1179, 15 September 1882, Page 4

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