jh'E 0•:S :P;;E,.o•.' : '-T U/. S JL ■:.;.:■ ;:■ ■' ,: :. '■■:':•■ : -/'; : - - a:;C''-PANI LIMITED, : - ; '- f *'f <v WHfl!'WMiiiVi Inlm, Nemos. «"; '^V j '/Companies'Act; I860." Capital' : £80,b60,- in 6000 shares of £5 eaoh, increased when deemed advisable ?UW. £60,000;• shillings .per. share to be paid on application (five on allotment; and _ five ehillinga at intei vala of not leas than one month after the registration of the i ; v Company.;,•■ ,Pbovisiohai.:Dibsotort:' Mr Andrew Young .. ; :: Mr John PlimraerMr J. Barber, • ~;.,■> : ,Mr/J. H. Wallace Mr J. Sloan; !,,„.•>.'. .•; Mr James Hughes ,Mr : R.. l Sloan;:., ; :'.-:.;"..: MrA.de B.Brandon Mr P. G, Moore,;-; , . Mr James iluasell With power to add to their number. '. '■. Head-quarters of the Company to be at :, ,-; ■;,, ; ,.;..;Wellington,.* •.. ■'•-. The National Bank, of, New Zealand.!,: • >■*■ • •'••' BoLKifo'ita:" ' ■,. .Messrsßrandon,Shaw, imd Brandon.■-'■' a .;;; .! Secretary (pro fern;): ■ .<■,. ..,."':,:■!: .). ißnoKEns:. •' : ";". .Messrs, Ledger and Hiokson, Custom Houso ■.(,-. :., Quay, Wellington. ■■. ■ This';property, lately known as the "West Wanganui Coalfields," which it is proposed to,transfer to the new Company, is held by thtproprietoni. under, two leases from the ,Crown : of 320 acres eachfor 30 years, at a total rental of £32 per. annum, and a royalty of 6d ; per ton; or one-fiftieth of the Coal raised.-,,.,;..•; ~..;; .:.;.,:;: ,i It is situated in the West Wanganui Inlet, on.the Nnrth-Wtßt Coast of the Middle from Wellington, 10 miles South of Cape Farewell, and about 20 miles by toad from Colhngwood in Golden Bay. .This,inlet,.or.'land-locked harbor, is the best„on the;. West Coast, ■: covering ■» diatance of .soma 9 miles, in length by U in breadth, and being-acted upon by the"sea only is never subject to floods, while con- , nderjng; its .contiguity to all the centres of population, it is calculated that screw steam-colliers will bo enabled to mako from ;8 to 10 trips per month. ' : ' The Coal iB good for all-round purposes, and is well-known in Wellington, Wanganui, Nelson, and other places, as tho oleanest and beat "household."
for an ■ econo:nical' working, the Coal measuring oh an average about 3ft Gin thick, is the' easiest to work (on the ■'•■ Longwall" syateni) for the production of largo Coal without slack or waste. The strata above the Coal is soit, and shafts can be put down without the use of powder, There is abundance or mining timber close at hand, and plentylof fresh water and, other naturaladvantages, which go tar to increase the value of the mines,, The present' proprietors, in order to satisfy themaolvcs that the Coal extended over a large area, lately, at considerable expense, put down several bore holes, which were attended with thorough satisfactory results, and it is estimated that the property will yield 2$ million tons of Coal, or about 300 tons per day for 30 yearn It w estimated that when the surface works are constructed, and the Mine opened out that 2000 tons of Coal can be wised per weok.and put onboard ship at acott of 7s per ton, and sold at from 13s to Ids per ton. leaving a profit of say 6s per ton, or on 2000 tons £6OO per week. ■The contiguity of the Mino to the propossd Btaiths, and to the entrance of the Inlet, greatly enhances its value, as vessels will bo enabled to load and put to sea with despatch. ;, ■.. : Tho statistics of 1881 show the increasing demand in New Zealand for coal, and the inability of our colleries to meet the Bame; although in tht year 80,000 touß more were raised than in the previous year, the imports from Australia were also greater during the same 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 cicaujr nuu luuressiug nemana, Operations can be commenced, and the Mine opened out, and Coal put in the market without considerable cipensc, The surface works will be extended as the out-put inoroftflei.' . It is therefore proposed that the Company shall proceed to work the mino 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 themselves 1 1300 paid-up shares for expenses incurred pioving the loase and for their interest in the Mine. These shares wiU not be transferable until a dividend shall be paid on the subscribed capital, Over 300 shares have alrefcdy been taken up by the present proprietors. The original report and estimates made by Mr James Russell, Mining Engineer (who also carried out the orospectmg works), may boseen at the officoa of Messrs Ledger and Hickson, Custom Hduhe Quay, Wellington. ■,, EBIIMAIED COBI OF WOBKB, Staitha to hold KOO tons ot | coal [ Rolling-stock (tuba to hold lOcwt)... Opening out mine ;,. '■ ... Machinery' for winding and 1 pumping, including boilera, founiationß, &o Workmen's houses Contingencies .£12,500 0 0 TO BUILDERS, CONTRACTORS AND THE PUBLIC. TTfAKELIN AND HAWKINS having Y T : .. 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 eno of the most completo in the piovinqe of Wellington, they are prepared to Bupply Heart <jf ■Totiiraj.Matai, Kimu,,or White Pine, either dieted or in the rough, in any quantity, at the lowest possible prices. Send for price list. , ' A large stock oit Sashes, Doors, Mouldings, Arohitraves,' Turned work, Seasoned Timber always on hand and made to order. Orderß respectfully solicited. •"■ ■ • > A large stock oj Tofara posts, Piles, aud Shingles, always on hand, "and supplied at the shortest notice, GLASS. GLASS. ; W.'4'H; are the largest importers of Glass in the Wairarap'a, Glass any size from 8 x 10 to SO x 40, either wholesale or retail, Colored, rolled,'diamond, plate, and emWAKELIN& HAWKINS, Pioprietors. PHILLIPS & POLLARD, .... Photographers, to inform the publio ofWairarapa XJ that they have taken, Mr Dove.ii'a business in Cuba-street, and are. now prepared to take IWTKAITS.in aU Bizes, with the latest improvements', at/tho Mowing prices:- '"' ' ' 'Cartes'do Visito 10s per dor. . „'.".'" do 7s 6d per J „ ■ Vignettes;,',,,,.;,,l2s'6a per,, >• do ■'■• 10s per i Cabinets.... 25s per „ ■.-.;.-.-». 'Jp:-:;.'-: ■;-;.■■.: 16sperJ „.; 4'flO : ; ~. ~:. ~,..■ l(Ja Cbloring-Fromls each, 1139 Mutual Life Association ,'■."■.-.'' ,:i - of '• ! '; AUSTRALIA, |; S. W.;MLKYMPLE, '..FIKANCIAI,, INSURANCE,'AND STATION ut '•■"■'■'■'''■■ •;.:■'■.AiBENTi r ' : '^.-;'<-v \J , AGENT FOR WAIRAPAPA.PFFIOEi^STERTGN
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https://paperspast.natlib.govt.nz/newspapers/WDT18821003.2.10.6
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Wairarapa Daily Times, Volume 4, Issue 1194, 3 October 1882, Page 4
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1,021Page 4 Advertisements Column 6 Wairarapa Daily Times, Volume 4, Issue 1194, 3 October 1882, Page 4
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