Page 4 Advertisements Column 8

Wairarapa Daily Times, Volume 4, Issue 1188, 25 September 1882, Page 4

ij R. 0 :S . P E .0 v T, U X. ' .[• OP TIIB ... j NEW. WEST WANGANUI COAL COM. v,,« ; ;,.PANYLIMITED, ; NLST.'NEMOH. .To-be registered'ixnde'r/•'The %intStock , CQmpanieß'AcVlß®i" Capital: £30,000, in 600Osbatei of£s each, to bo increased .when deemed advisable to l £BO,OOO. Payments—Five shillings per share to be paid oil application; five ■ drillings -per?share on; allotment; and ) One month after the registration of the PHOVLSIONAL DIRECTORY: Mr Andrew YoungMr John Plimmer Mr J. Barber / Mr Ji.fl; Wallace Mr J. Sloan f . Mr Jaines Hughes Mr R.* Sloaii Mr.A, de B.Brandon Mr F.G.Moore" ;' Mr James Huesell ' With power to add to their Head-quarters l of the 1 Compar.Hf/at The National Bank: of New Zealand, . Solicitors: , : Messrs Brandon, Shaw, and Brandon, Secbetabit (pro to,): Brokers: ■ V Messrs Ledger and Hickson, Custom House ■4. ' This property, lately known as the" West Wanganui Coalfields," which it iB proposed to transfer to the new Company, is held by thb proprietors under two : leases Irom the Crown of 320' acres each for 30 years, at a total rental of £32 per annum, and a royalty >, of 6d. per ton, or one-fiftieth of the Coal ■ raised. : ■ • > ' It is sitaated in the.West Wanganui Inlet, on the North-West Coast, of the Middle ; Island, 100 miles from Nelson, 160 miles, from Wellington, 10'miicB South oi Cape i. farewell/and abotit 20 miles'bj road from Collingwood in Golden Bay.., ' • This inlet, or land-locked harbor, is the.; • best on the West Coast, covering a distance of some 9 miles ; ih length by 1J in breadth, and being acted npon bj the sea only is never subject to floods, while con- •' sidering its .contiguity to all the centres of population,,'it: is calculated that screw steam colliers, will be enabied.to make irom B,to lO.trips per month. , ;i 1 "-The" Coal lis good for all-round purposes, and is weU-kiiown in Wellington, Wanganui, Nelson, and other places, aB tho cleanest and best" household." . " hL The field presents the greatest advantages for an economical working,! the Coal measuring 0,1 an average aboiit'Sft Gin thick, is the easiest to worlc (on the : LongwaU" system) for the production .of large Coal without slack or'waste, The strata above the Coal is soft, and shafts can be put down without the use of powder. There is abundance or mining timber closo at band, and plenty of fresh watoe and other natural advantages, which go far to increase the value of tho mines. ; : The present proprietors, in order to satis, fy themselves that tho Coal extended over large area, lately, at considerable expen B6 ' put down several bore holes, which were tended with thorough satisfactory resu and it is estimated that the property yield 2jt million tons of Coal, 6r about will It is. pstimated that when the surface works are construe,ted, and theMino opened out that 2000 tons of Coal can be raised per week, and put on board ship at'a cost of 1b per ton, and sold at from 13s to ! 15s per ton, leaving a protit of say 6s per (Ofli Of on 2QOO tons £6OO per week. The contiguity of- the Mine to the propoaad staiths, and to the entrance of the Inlet, greatly enhances its value, as vessels will be enabled to load and put to sea with despatch. v The statisticß:6nß3l show the increasing demand in New Zeuland for coal, and ijje f." inability of our colleries to meet the same; although in that year 80,000 tons more wero • raised than in the previous year, tho imports from Australia were also greater during the tame period, and it is said by those competent to judge, that if all the. Coal Mines at work and projected in New Zealand were properly developed, there would still be a atoady and increasing demand, . Operations can he commenced, and the Mine opeiudout, and Coal put in the mar. . ket without considerable expense. The surfaco works will be extended as the out-put increases. / It is therefore proposed that the Company 4 shall proceed to work tho mine ,as soon as have been subscribed for. The estimates given below, aro for the full completion of the works. The proprietors will reserve to themselves 1300 paid-up shares for expenses incurred pioving the lease and for their interest in the Mine, These shares will not be transferable until a dividend shall be'paid on the subscribed capital. Over 300 shares have already been taken up by the present proprietors. The originjil report and estimates made by Mr James Russell; Mining Engineer (who also carried'put the urospecting works), may bo seen at the offices of Messrs Ledger and Hiekson, Custom House Quay, Wellington. ESTIMATED COBT OF WORKS, 150 chains of a level tramway for horse haulage ... „. £4OOO 0 0 Staiths to hold 300 tons of coal ... 1... ... ■ ... . 2200 0 0 Rolling-stock (tubs to hold . lOiiwt).,. 300 0 0 Opening out mine ... ... 1200 0 0 Machinery for winding and pumping, including boilers, iounlations, &a 3000 0 0 Workmen's houses- 600 0 0 Contingencies'... ... ... 1200 0 0 ' Total ■ „,£ii',soU 0 0 TO BUILDERS, CONTItACTOKS AND THE I'UBLIG. TTTAKELIN AND HAWKINS having Y i erected a Breaking-down Frame to their Factory, and having just received a shipment of the latest improved machinery by the last' Frisco Mail boat, making their Mill ono of the most complete in the province of Wellington, they are prepared to supply Heart of Totara, Matai, Rimu, or White Pine, either dieted or in the rough, in any quantity, at the lowest possible prices, Send for price list, A large stock "of Sashes, Doors, Mouldings, Architraves, Turned work. Seasoned Timcerj always on hand and made to order. Orders respectfully solicited. ; A largo stock of Totara yosts, Files, and Shingles, always on hand, and supplied at the shortest notice. - - r. GLASS/ GLASS. W, & H. are the largest importers of Gltss in the Wairarapa. Glass any size from 8 x 10 to £0 x 40, either wholesale or retail, Colored, rolled, diamond, plate, and em. in ( ELIN & HAWKINS, Proprietors. nOUTM BKITIBH FOitWAEDING 0 COMPANY. .. . Head office;, ' . mTHEBSTON-S^ K WjpjpGfON. Goods and Parcels senior cclifctSfthioughout New Zealand and Australia. Custom Honse work done. Parcels collcoted and delivered/'ree at the Railway Station, Consignees will avoid much delay and ex' pense ny having their goods consigned direct ' the above. WM, BISHOP, Jun , v rpHE^!NATIONAL' MUTUAL LIFE X ASSOCIATION OF AUSTRALASIA, (LmiTEU). HEAD,OFFICE: Temple Chambers, Fea-' ' '. , ■ thefstph-st., Wellington. Resident Secretakt - THOMAS SWAIN, • GEOItGE YOUNG, Travelling Agent, Mastertqn. 1124