Page 4 Advertisements Column 8

Wairarapa Daily Times, Volume 4, Issue 1185, 21 September 1882, Page 4

U B 0 8 PEC T■ TJ JL OF THB- ■••■■! NEW WEST WANGANUI, COAL COM. r ''^\ :.., .L PANI LIMITED, ".] ™ , JW*m;Waota,oti Inlet,Nemoh. "■' •/o To 1 bo regiktored.uiider '■» The-'JointStoofc'-' ' -"'■■ l h Companies Aot, I860." •'.■■■:■! , OiPETAt, .in 6000 oharea sf £5 each, j tp,,£50,00p,, Payments-Five snilliJ, ! '--.' '■ . ■ pet share to be paid on applioatioa; ': ,'- : ,; less than ; - .one month after the regiatratiofi tha ,T ' ; v ■■■■ <:■•■ -:■■■... ■ ;. ~.- :,■ - ; ■> TaOTBIOHAI, DIRECTOR*! •.- ■ U•' ;f MrAndrewYo'ung ■Mr John Plinimei) * , : ' ; Mr: Ji-Barber';:•:■:.■, ; Mr J. H, Wallace. 4{<'- ,'■''••' Mr J. Sloan ~..:. Mr James Hughes,- -i : Mr R( Sloan ~,,.::.., MrA. de B.Brandon Mr P. G, Moore., ••: Mr.Jamea Kusaoll, a, ,, ■'.; With power to add to their number, ]'"'' , Head-quarters of. the Company to *-" ''. : , ;-;: ; '' v . : : WelHngton.;,^ I The National' Bank of New i;iill .','•'"' Solicitors: 1 ' ; •Meßsraßrandon.'Shaw, rad'Biouuu ■■"'! ;-'Sricixuw(prbkm,): " '" Broker?:' ■'■■•;■ '\; -J Ledger arid Hickson,,Cue'- "" ' • :i 1-Quay, Wellington.. JEhta property, lately known as. the.'•' WeatM W an ganui,Coalfieldß," which it is proposed to faansferto the new Company, ia held by "'- tee proprietors under two leases from the' Crown oi 320 acres each for 30 years, at a" : total rental of £32 per annum, and a'royaltv ; ' of od'per ton, or one-fiftieth-of the Coal" raised. - ■: •.'• Ifriß sitiiatedin the West Wanganui Inlet, ■ on the North-West Coast of the Middle :? Island,, 100 miles from Nelson, 160 miles - from-Wollington, 10 miles South of Cape- -' Farewell.andabout 20miles by road from ' Collingwood in Golden Bay. This.inlet, or land-locked harbor, is the ; '' best .on the West Coast, covering % distance of some 9 miles'-in length by Hin : breadth, and being acted upon by the sea : only-lsnover subject to floods, while con- " Bidering its;contiguity to all the centres of ; population, < it iV calculated that screw ' steam collier's wiD be enabled to make from V Bto 10 trips per month; . . .: ,: and-is well-knownmWellington, Wanganui, ■ Nelson, and other places, as tho cleanest and best" household." : The field presents the greatest advantages for.an. economical working, the Coal measuring 6i an average about 3ft 6in thiok, is the easiest to work (on the " Longwall" system) for the production of large Coal without slack or waste. Tho strata above the Coal-is Boft, and shafts can be put down .without the use of powder. There is aband--:■ anceor mining timber close at hand, and plenty of fresh water and ot-hor natural advantages, which go far. to increase the value of the mines. ■ . ■

The present proprietors; in order to satis. <y. fy themselves that the Coal extended over '. largo area, lately, at considerable expense' put'down several bore holes, which were attended with thorough satisfactory resu and it is estimated that the property Its, ' yield 2\ million tons 'of Coal; or about will i tons per day for 30 years. o Itis patimated that when the surface ■■>' works.are constructed, and tho Mine onened •! weekend put on board ship at a cost of 7a per ton, and sold at from 13s to 15s per ton,, : leaving a profit of say 6s per ton, or on 2000 tons £6OO per week.,. The contiguity of "the Mine to thepropossd i Btaithß, and to the entrance of the Inlet, greatly enhances its value, as vessels will be enabled to load and put to sea with dea< ' patch.- ■ . demand in New Zealand for coal, and the inability of our collories to meet the same • < although in that year 80,000 tons more werj.;*' raised than in the previous year, the imports from Australia were also greater during the same period, and it is said by those com- • petent to judge, that if all the Coal Mines at work and projected in New Zealand were ' properly developed, there would still be a ■" steady arid increasing demand, Operations can be commenced, and the '' Mine opened out, and Coal put in the mar. ket without considerable expense. Thesur- "' face works will be oxtended as the out-put increases,;,..; ■'■; '■.■,,:... ■ • It is therefore proposed that the Company shall proceed to work the mine as soon as • 1000 share? (irrespectiveof promoters shares) . have been subscribed for, .. The estimates given below, are for the full completion of the works. ',Jn ep . r J °P rietorswiUrcaervflto themselves '' ddOO paid-up shares for expenses incurred piovmg the lease arid for their ; interest in the Mine. These shares will not be transferable until a.dividend shall be paid on tho subscribed capital, I Oyer 300 shares have already been taken : iip by the present proprietors. The original reportand estimates mado " by Mr James Russell, Mining Engineer (who : also carried out the prospecting works), may ' bo seen at the offices of Messrs Ledger and ' Hickson, Custom House Quay, Wellington. ESTIMATED COST OF WORKB, 150 chains of a level tramway for horse haulage :„ ,„ &00Q 0 0 Staiths to hold 300 tons ot coal ... ... ,. it __ 2200 0 0 Kolling'Stoek (tubs...to hold . IOowfc )- 800 0 0 Opening out mine 1200 0 0 Machinery for winding and pumping, including boilers, _ foundations, &c , 3000 0 0 Workmen's houses ... ... (FlO 0 0 Contingencies 1200 0 0"' . Toial ••• ... ...£12,500'0 0 TO BUILDERS, COKTRAOTOUS AND • THE PUBLIC. «•a er a % flkiD g-down Frame to * h »" Factory, and having just received a ont of the latest improved machinery' •by the last' Frisco Mail boat, making their t l°?v ° £ the moat com P letl) in the P to ™ o ° of Wellington, they are prepared to supply Heart of Totnrfl M«b; bi™ ...valui fine, either dressed or in the rough, in i quantity.-at the lowest possible prices, -Send for price list, a.iargestocKof Sashes, Doors, Mouldings, Architraves, Turned work, Seasoned Timber always on hand and made to order. Orders respectfully solicited. A large stock of ! Totaia. posts, Piles, and Shingles, always on hand; and supplied at the shortest notice.

; GLASS. GLASS. _. W.- &H. are the largest importers of Glass in tho Wairarapa, . Glass any size from '8 % 10 to 60 x 40,' either wholesale or retail,' Colored, • rolled,: diamond, plate, and em- ; bossecl glass in great variety, '; . ■ -'■ ; : ,WAKELIN& HAWKINS,,, JWl'-" ..i ..:'.'. .. . Pioprietors, SOUTH BRITISH I'OKWARDING. -, COMPANY. '.'.'■ ?EATHEBSTON-ST.,'WEI ' Goods "arid Parcels Bent throughout New"Zealand and" CustomHouße work^onel^ft--' W v ßKHO^Jun.,|^|'i : ■ n '';Eswßi;nHEß'lß49. ; • 'TOR! TAmnlo fifci s'i>; therston-et.7Wellington; GEOIIGEYOUNG.