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,t ..u s > —" OF THB NEW WEST ■ WANGANUI .COAL COMvi. PANYLMITEpi , WiirOA, Ntft.'ISLMJ'NBISOH, ' ' is Co? st ® .in6oooshares of £6 each, ~ t».Jbe. increased when, deemed advisable , £60,000., Payments—Five' shillings to lie paid on application; five. per share on,,allotment; aud . ; nve snuiings at iiitevyals.of not less than one month after the registration of tho Company, PnOVBIOMiL ButECTCUY: T^i 16 ? 7 X oun g Mr John Plimmer MrJ.|arber ; MrJ.H, Wallace M r J, Sloan Mr James Hughes Mr R, Sloan. . Mr A. do B,Brandon Moore Mr James Hueaell „ y W P°wer : to add to their number. Head-quarters of the Company to be at Wellington, The National Bank of New Zealand. Solicitous.: , ■ Messrs Brandon, Shaiv, an,l lirandon, ~ SEOHETAavr {pro tat,): i Messrs Ledger and Hickson, Custom-House Quay, Wellington. n This property, lately known as the" West VYanganui Coalfields," which it is proposed to transfer to the new Company, is hold by the proprietors under two leases from the C'rown of 320 acreß' each for 30 years, at a total rental of £32 per annum, and it royalty of 6d per ton', or orie-iiftiotli of iheCoal raised. It is situated in the West Wamranui Inlet, on the Nirth-West Coast of, tl'iu Middle Island, 100 miles from' Nelson ]G(J nnles f l offl Wellington, 10 miles South of Cane rarewell, and abiiut 20 miles by road from Colhngwood hi Golden Bay. This inlet, or land-locked harbor, is the best on tho West Coast,' covering i distance of some 9 miles m length by U in breadth, and being acted upon b the" sea only is never subject to (buda, whilt considering its contiguity to all tiw vo.itrus of population, it is that screw steam colliers will bo enabled to make from o to 10 trips por month, Tho Coal is good for all-round purposes, and is well-known in Wellington, Wanganui, Nelson, and other places, as thd cleanest and best" household." rhs field presents the greatest advantigcs for an economical working tho t>a! measuring od an average about 3ft Gin thic'r, is the easiest to work (on the '• Long vail' 1 system) for the production uf large Coal without. slack or waste, Tho strata above the Coal is solt, and shafts can be put down .without the use of powder. There is abundance or mining timber close at hand, and plenty of fresh water and o:her iiatuial advantages, which go far to increase tho value of the mines. The present proprietors, in order to satis, jy themselves that the Coal extended over a large area, lately, at considerable oxpense, put down several bore holes, wi,ich 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 years. It is estimated that who the surface works are constructed, aud the Mine opened out th&t 2000 tons of Coal can be rii.su I per week, and put on board ship at a cot t of 7s per ton, and sold at from l;is to 15i per lon. -ciivitsg apr°tit of say Gs per tou, or on 20U0 tons £6OO per week. The contiguity of the Mine to the propossd staithß, and to the entrance of the Inlet greatly enhances its value, as vessels will l-e enabled to lead and put to sea with despatch. The statistics of 1881 show the increasing demand iu Hew Zealand for coal, and. the inability of ourcolleries to meet the samo • although in that year 80,000 tons more were raised than in the previous year, the imports from Australia wore also greater during the same period, audit is said by those competent to judge, that if all tho Coal Mines at work and projected m New Zealand were properly developed, there would still be a StfiAuV finn inflPAQfiinrr Operations can be commenced, and the Mine opened out, and Coal put in the market without considerable expense. The surface works will be extended as the out-put increases, ' It is therefore proposed that tho Company innl © the mine as soon as The estimates given below, are for the full completion of the works. * proprietors will reserve to themselves 1300 paid-up shares for expenses incurred pioving the lease and /or their interest in the Mine. These shares will not be transferable until a dividend shall bo paid on the Over 300 shares have already been taken up by the present proprietors. The original report and estimates mado bv Mr James Russell, Mining Engineer who also carried out the nroepectmg works), may be seen at the offices of Messrs Ledger and Hickson, Custom House Quay, Wellington. estimated cost of works, 150 chains of a level tramway for hone haulage ... .... £4OOO 0 0 Staiths to hold HOO tons ot p®,®? 1 "■ 2200 0 0 Rolling-stock (tubs to hold n Wowt)... 300 o o Opening out mine 1200 0 0 Machinery for winding and pumping,'including boilers, foundations, <fcc ... 00 to , --,1 -» ... 6UUU V U Workmens houses ... 600 0 0 Contingencies... ... ... 1200 0 0 Tota i ... ... £12,600 ,0 0

WAIPOUA WOOLWORKS & TANNERY HARVEY & SONS, PROPRIETORS MASTERTON. PURCHASERS OF WOOL, HIDES SHEEPSKINS, &o, ' Wool Scoured and Carefully n Hi® Works and delivered 5 ,S»L WRy Stahon at LOWEST CURRENT KATES, ON SALE, KIP, BASILS, WOOLBALES. HARNESS LEATHER, WOOL MATS Rabbit ekia and Sheep akin MATS manufactured to order. MASTERTON AGENTS-RAPP & HARE, Immediate tention given to all orders, 1119

JUST LANDJsd 2 hhd C, W. Gold Tea Cups and Saucers ■ 1 hhda C.W. Gold Plates W, H. MILLWAIID, ' Grey-Strert, WEUJIVGTON. 117S CLUB HOTEL LIVERY AND 'BAIT • 1 STABLES. , COOKERY & 00,, Proprietor Coaches, tones, buggies, alwayj on hire, Hones to buy and to sell on the most •,ble terms. Always ready to do business. • OYSTEBSI Oi'STEKS I! OTSTERB !! | Fresh Fish, Poultry, .and every kind of Game. Hot Meals at all hours, at One Shilling, JJRS PRINTER'S DINING ROOMS, (opposite: Kapp aud Hare'a Emporium), MABTKRTON, MBS. P. is a Cash Purchaser of PonlL Eggs, Butter, Babbits, to., &o. The public supplied daily with Freeh Fish, and Dressed Poultry; . mo Si orates assorted Crockery 100 oasca American- Chairs l kl.il /t..A m (lUinneßs' Foreign Extra Stout, ItnrMflW Ktt TUla«>m l t»_*i ' To arrive per "BEEOHDALE' SGO boxes D. R. lottled by Ihlers & Bell

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18821005.2.14.3

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume 4, Issue 1196, 5 October 1882, Page 4

Word count
Tapeke kupu
1,034

Page 4 Advertisements Column 3 Wairarapa Daily Times, Volume 4, Issue 1196, 5 October 1882, Page 4

Page 4 Advertisements Column 3 Wairarapa Daily Times, Volume 4, Issue 1196, 5 October 1882, Page 4

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