Page 4 Advertisements Column 8

Wairarapa Daily Times, Volume 4, Issue 1189, 26 September 1882, Page 4

NEW WEST WANGANUI COAL COM- '. ' PANY.LIMITED, WBBT WiNOA,BDI INWT, NEMOS. Companieij'Act, lfi6o." Jl Otrau,: £30,000, inCOOOaharesDl*s,e»ch, , '•. 1° , tiT n Med when dcen «>(i 3m£ i to £50.000. Payments-Five shillings t pet share to be paid on application • fire , .flhilhuga par share on allotment; and five rinding* atinteivals of not loss than one month after the registration of tht .Company. PnoviyoNAL Diiieciory: ' Mr Andrew Young Mr John Plimmer Mr J. Barber Mr J. H, Wallace Mr J. Sloan Mr James Hughes Mr R. Sloan Mr A, de B.Brandon' Mr F. 6. Moore Mr Jamea JUutaell With power to add to their rinmber.'' Head-quarters of the Company to b» it Wellington. Rakkkrb: The National Bank of New Zealand, Solicitors: Messrs Brandon, shaw, and Brandon. Skcbbtarv {pro tem,) i 7 s " ' Messrs Ledger and Hickson, CuatomTHousi Quay, Wellington.'; .This property, lately known m the " Wert to transfer to the new Company, is held by the proprietors :under ; two leases from tho Crown of 320 acres each for 30-years, at * total rental of £32 per annum, and a royalty of 6d, per, ton, or, one-fiftieth of tbeCoal raised...,. i:l ; ■, v ■ ",., '. ~" It is situated in the West Wanganni Inlet, on the North-West Coast of the Middle Island, lOOj.miles,from Nelson, 16Q miles from.Wellington, 10 miles Sonth'of 0»m i This,inlet,.or ; land-locked harbor, is the. beat.onthe West.Coast,.covering vdu-i tanceof some 9 miles' mi length by, l| in' breadth, and being, by the sea never subject to floods, while con. sidering itrcontigiu'ty'to all the centres of population, it is calculated that screw steam colliers.will be enabled to make from Btolo.tripaper month. .. '. :j; tod, wanganni, [ Nelson; and other places, as the cleanest and [beatVhousehold." . '■'.''"'';■ " forVad' economical working;' the"'Coal measuring oj an average about3ft 6in thick, lis the easiest to work (on the " Longwall" system) for the production, of large /Coal without slack or waste. The strata' above | the Coal is soft, and Bhafta can be put down ance.or mining timber, close- at baud, and plenty of fresh water and other natural ad- : : vantages, which go far to increase the value of the mines. Tbe.preßenjt proprietors, in order to satisfy themselves that tho Coal extended over* lorna 9»i Mnlir at i,a...'J...1.1. .—._ put down several bore holes, which were tended with thorough satisfactory resu... and it is estimated that the property will yield 2J million tons of Coal, or about .' tons per day f0r.30 years. ..:;'• It w : Estimated that when the' surface works are'constructed, and the Mine opened out that 2000 tons of Coal can be wised per' week, and nut on hnnrd okin „t'. *„><. ./it. per ton, and sold at from 13s to 15s per ton, leaving a profit of Bay 6s per ton, or on 2000 tons £6OO por week, - The contiguity of the Mine to the proposed' staiths, and to the entrance of the Inlet, greatly enhances its value, as vessels will be. enabled to toad and put to sea with despatch. ' .. ■' demand, in New Zeuland for coal, andjlia. inability of our colleries to meet the same; • although in that year 80,000 tons more were' raised than in the previous year, the imports from Australia were also greater during the same period, audit is and by those competent to judge,_ that if.all tho Coal Mines at work and projected in New Zealand were properly developed, there would still be a ; steady and increasing demand, . Operations can be commenced, and the Mine opened out, and Coal put in the market without considerable oxponse. The surface works will be extended as the out-put increases '.'.'.. It is therefore proposed that the Company shall proceed to work the mine as soon as 1000 shares (irrespectiveof promoters shares) have been subscribed for. The estimates given bolow, are for the full completion of the works, The proprietors will reserve to thomselyos 1300 paid-up shares for expenses incurred pioving the lease and for their interest in .the Mine, Theso shares will not be transferable-, until a diwdead shall be paid on'the" subscribed capital; ; i ;:; .- Over 300 shares have already been taken up by the present proprietors. The original report and estimates made by Mr Jamea Buss'oll, Mining Engineer (who also carried out the nrospeoting works), may be seen at the offioes of if essrs Ledger and ■' W! -'""i n , Custom House Quay, Wi ' BNUUJKD COST OF WOB.KJ, 160 chains of a level tramway for horse haulage ... ; ,„ £4OOO 0 0 Staiths to h01d.300 tons ot coal' ... ; ■ ... 2200 0 0 Boiling-stock (tubs to hold lOcwt) .■■.... 80000 Opening out mine 1200 0 0 . Machinery for winding and founMons.Ao ■. 3000 0 0 Workmen's houses 600 0 0 Total ~.- ... ... £12,600 0 0 TO BUILDERS, CONTRACTORS AND THEPDBLI6. WAKELIN AND HAWKINS having ereoted a Breaking-down Frame to'' their Factory, and having just received a shipment of the latest improved machinery Mill oneof theitiost complete in the province of Wellington,; they are 'prepared to supply., Heart of Totara, Matai, Rimu, or WWW Pine, either dressod or in tho rough, in any Send for price list. A large stock of Sashes, L Doors, Mouldings, ■" Arohitraves, Turned work, Seasoned Timber always on hand and made to order, Orders respectfully solicited, A large stock quotum posts, Piles, and GLASS. GLASS. ■ W. 4 H. are the largent importers of Glass in the Wairarapa. Glass any size from Bx' 10 to «0 x 40, cither Wholesale or retail,' 1 Colored, rolled, diamond, plate, and em. WAKELIN & HAWKINS, I UW Pioprietore. UTIBH FOJ U COMPANY. FEATHEBSTON-ST., WELLINGTON. ! ■. Goods and Parcels sent or collected - ■throughout; New Zealand and Australia. ">'; Custom Ho'iw work done. Parcels colleotwl ■• and delivered Free at the Bailway Station;—■ Consignees will [avoid; much delay and ex-' ■ •''- ; ■■■■■■>■■■■■ ■;WM. : BiBHOP,Jnni : .;; : ' : 'v?• f - v ; Jl' lanaee. .'.' ; ASSOCIATION OP;AUSIBALABIAI '■■' (Lmrmij. .i- ■ - . }: ' j.V .;• ESTABLISHED! 1889, r---.j:Vf HEAD OFFlCE:,Temple;Chambers, Ifea-i'l ;,, : 'therston-st, Wellington. ■ :=*'•' RtpiiMUii Skokktari - THOMAS SWAINS <SA. ;. .■!-..OBOJWBYOUMO, : ■■ -.(/. ' ;, .Travelling Agent, Maatcrton. 112f:; ; -!