Page 4 Advertisements Column 6

Wairarapa Daily Times, Volume 4, Issue 1192, 29 September 1882, Page 4

ij B, 0("S P'O'-T U S X OF THE NEW WEST WAMANUI, COAL COM. .' PANY LIMITED; West To bo registered under "The Joint Stock Companies Act, 1860." Capital : £30,000, in 6000 shares 'of £5 each, to bo inoreased when deemed advisable to £60,000. Payments—Five shillings per slmie to be paid on application; five -' shillings per'share on allotment) and five shillings at iatei vals of not less than ono inonth after the registration of the, Company. Pbovhional Directory: Mr Andrew Young Mr John Plimmer MrJ. Barber i . ; ,MrJ.iSloan ; i ■,• Mr R. Sloan lfr ; F.G. 1 Moore •.MrJ.fl. Wallace iMr Hughes . Mr A'. de'B.Brandon" Mr James Kus3ell ; > , With power to add to their number. ■■■■■■■ Head-quarters of the, Company to be at ; '';'"'" " ''■ Wellington.' Bahkkrs: ;i ; The' National Bank of New Zealand. Solicitors: '.;'':'.. Messrs Brandon, Shaw, and Brandon. SEciißiTAßy (pi-otoj,): Brokers: ; ''," . ' . Messrs Ledger and Hickson, Custom Houso Quay, Wellington,'.'! This property, lately known as the " West Wanganui Coalfields," whioh it is proposed to transfer to the new Companyj is held by the proprietors under two- leases from; the Crown of 320 aeres each for 30 years, at a •total rental of£32per annum, and aroyalty of 6d per ton, or one-fiftieth of the Coal raised. It is situated in the West Wanganui Inlet, on the North-West Coaßfc of the Middle Island, 100 miles from Nelson; 160 miles from Wellington, 10 miles South of Cape Farewell, and; about 20 miles' by road- from iCollingwood in,6olden Bay. ' ; ' : -This: inlet, or land-locked harbor j is the bastion the West Coast, covering •» distance of some 9 nliles ln'length'by IJ in broadth, and; being acted upon by the sea only is never subject to floods, while consideriHg.jts contiguity to alltho centres of it^ia..calculated that- screw steam .opjh'prs wiPo'enabled ty make from §tolO,triigi)er ; m I Qnt|f.,f/ The Coal is L good for alUroynd purposes, and is well-knowni in Wellington, Wanganui, Nelson, and other places, as the oleanest and best" lidiisclioij. ■■■■■■■■■■ The field presents the greatest advantages for, an economical working, the Coal measuring oip average about 3ft Gin thick, is the casjejt to work on tho " Lragwall" system) for the : production of large Coal without slack or waste. The strata above the Coal is soft, and shafts canbe put down without the use of powder, There is abundanco.or mining timber;close : at hand, and plenty o/ fvesh water and other natural advantages, whioh go far fo increase the value of the mines..

The present proprietors; ia order to satisfy themselvies that the Coal extended over a large area, lately.at' considerable expense, rat 4o\Vn seyoraj bore lioles, : which were attended>yit}j'thorough satisfactory results, and it is estimated that tlip propprty will yield 2| million tons of-Coal, or about 360 tons per day for 30 years. ■ It's pstimatedthat when the.surface works are construnted, and the Mine opened out tljat, gOOO tons of Coal can bo nised per week, and put on board ship at. a cost of 7s per ton, and sold at from }3sto slfkper ton. leaving a profit of say 6s per tori,'or on 2000 tons £6OO per week, . ! The contiguity of the Mine to thopropossd staiths, ond to the entrance ■ of the Inlet, greatly enbapes jts yalue, as vessels will be enabled.to load and put' to sea with despatch, The statistics of ISBI show, the .increasing domaiui in New Zouland for coal, and the inability of our oollerles to meet tho same; although in that year 80,000 tons morp were raised than in the previous' year, the imports from Australia.were also greater during the same period, audit is said by those competent to judge, that if all the Coal Mines af work and projected in New Zealand were properly deyejgpcd,"sere would still be a steady and inoreaßJng (J'einand,, . Operations oan be'pommeled, and the Mine opened out; and Coa] put in the market without considerable expense. 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 (irpespeotiveof promoters shares) have been subscribed for. The estimates given below, are for the full completion of tho 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 Oyer 3,00, sjjares hare alre&dy been taken up by the present pronrietflrs...' The origjhhl r'en'o'rf'and' estimates made by Mr James Russell,' Mining Engineer (who also carried out the Drospeotlng works), may he seen at'tho oQioeg of Messrs Ledger and Hickson, Custom Honbo Quay, Wellington. ! ' : -'"'ESTIMATED COST; ; OP WORKS, 150 chains of a level.tramway ' ; for horse haulage ~..' ... £IOOO 0 0 Staiths to. hold 300 tons ot c0a1;;,.. .;";.. .'„ ...., 2200 0 0 'Rolling-stock (tub's to hold ' i!ss:■•■ •-!».".■ >m.-' •■■■ 30000 Opehjngflutrnine. .'.v. ... .1200 0 0 Machinery an'd '.pumping,''including 'boilers',' • fop'Jationftitc '.., .'.'. 3000 0 0 Workmen's jpses ...,.,;, 600 0 0 Contingencies ~, ~, ,„ 1200 0 0 . T0ta1....; ?,,,..'.„■,' ~.£12,500"00 TO BUILDERS, ..CONTRACTORS AND ■ : \-" -THEPUBLIC, YY "''erected a'Breikirig-down Frame to their, factory, and having just reoeived a shipment of the latest'jinproved machinery bythelasjj'Frjsp/o Mail boat, making their Mill ono ofthp, rnqst pqmpletp in tho province s of Wellington, (hey arp prepared to supply Heart of Totarft, Mataj, Rip, or White Pine, either dressed or in the rough, in any .quantity;' at the possible prices. Send for price list. A large stock of Sashes, Doors, Mouldings, Architraves, Turned work, Seasoned Tim :er always on hand and made to order; Orders respectfully solicited. ' A large stock yoste, Piles, and Shingles; always Jjih,and. and supplied at the shgrtesj ugtjo?. .-.•■'• ■■•■." GLASS."' GLASS. ■.; ~W, $ ft; are tho latest impprtere of Glass m theWairarapa,' Glass any size from 8 x 10 to SO x 40, either wholesale or retail, Colored,' rolled, diamond, plate, and embossed glass in great variety; ■;■■•■;■■" WAKELINtf HAWKINS, 'U7I .v.-■■■; j '::.•• Pioprietors. PHILLIPS & POLLARD, Photographers, BUG to'inforrh; tho public of Wair'arapa that they have taken Mr Devon's business in Cuba-street, and are now prepared to take PORTRAITS in all sizes, with tho Jatost: improvements, at the following prices:— ';"-. ;'"'•■•' Cartes de yisiteV..;."i lOi per doss. ..'"' do* "" ' "78 6dper A „ : Vignettes ~l2s6dper „- ■.-■». #,..:■,''■';■ '".'„ Mm II ! Cabinets..,.,, 25a per „ ' '.' &° "'"'"■' ~.'.'. Jsb perj » ]iio : : ■;;:;.',' -../;'_. Joa V.'."',';'; Coloring-rFrom Is each.. 1139 Mutual; Life; Association .^_ i: :M®ALlAvi;-;iJ " i RNAKCIALrII'BURANOK, AND SmiONj ' "• r.;''"V.':;, "''■'i.v!;'; "■'■'v. .''; ' OJsFl£pp, MASTEBTONi'