Page 4 Advertisements Column 2

Wairarapa Daily Times, Volume 4, Issue 1201, 11 October 1882, Page 4

U R .0 S P E 0 ,!T ■■■■*} Sl X : ■.,,!■•' ; OFTHK'! \ '< A. NEW WEST WANGANUII COAL COM-1 ~.-.!■. ■; PANY LIMITED, ~ West Wanoa,sci Inlbt, Nemon. To'be rcgtßteted under:" The l Joint Stcc!; ~...;, ;-.Companie»'Aot, 1860." OiPim,: £30,000, in (MO shares »f£fi ead, to be increased wh n deemed advisable (o £50,000. Payiueutß-f Five ehtlHngd ; per share to bo paid on application j five shillings per share on, allotment; and fiveshillingsatiatei vals bfnot lobb than one month after tho registration of the : Company, -,' - ■ •■ • j . PIIOVISIONAL DIItECTCIIY! Mr Andrew Young Mr Jilhu Plimmer Mr J. Barber .•■,- Mr JJ H. Wallace Mr J. Sloan Mr JiinesHughes Mr R, Sloan ~, Mr A,j de B.Brandun MrF. G.Moore .Mr James Itusaell With power to add to their number. Head-quarters of the Company to ho at Wellington, | : : , Bankers: j i. The National Bank of Now Zealand. Solicitors : '■ Messrs Brandon, Shaw, and Brandon, : Secretary {j>ro fej».): ■■•• .Bbokkm: Messrs Lodger and Hickson, ;Custom House Quay, Wellington. This property, lately known as the "West Wanganui Coalfields," which 1 it is proposed to transfer to the new Company, is held by th a proprietors under two leases from the Crown of 320. acres each for 30. years; at a total rental of £32 per annum|, and a royalty of fid per ton, or one-fiftieth of the Coal raised. . ~, ! It is situated in tho West Wanganui Inlet, on the North-West Coast 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 Collingwood in Golden Bay. i This inlet, or laud-locked harbor, in the best on the West Coast, covering » distance of some 9 miles in length by 1} in breadth, and being acted upon by the Bea only is never subject to flootls, while considering its contiguity to all 'the centres of population, it is calculated that screw steam colliers will be euabled'to make from Bto 10 trips per month, '"'".' The Coal is good for all-round purposes, and iswoMnown in Wellington, Wanganui, Nelson, and other places, as the cleanest and best "household." ! ' The field presents the greatest advantages for an economical working, the Coal measuring oh an average about 3ft 6in thick, is 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 shafts can be put down without the use of powder. There ia abundance or mining timber close at hand, and plenty of fresh water and other natural advantages, which go far to increase the value of the mines. i The present proprietors, in order to satisfy themselves that the Coal extended over a large area, lately, at considerable expense, put down several bore holes, whioh were attended with thorough satisfactory results, and it is estimated that the property will yield 2| million tons of Coal, or about' 00 tons per day for 30 years. It is estimated that when the surface works are constructed, and the Mine opened out that 2000 tons of Coal can be raised per week, and put i. ' d rhip at a eoft of 7s per ton, and sold ut. i l.ia to ISs per ton, leaving a profit of say Os per ton, or on 2000 tons £6OO per week. The contiguity of the Mine to tho proposed staitha, and to the entrance of the Inlet, greatly enhances its value, as vessels will re enabled to lead and put to sea with despatch. . . The statistics of 1881 show the increasing demand in New Zealand for coal, and the inability of our colleriea to meet the sms ; although in that year 80,000 tons more were raised tlinn 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 jn New Zealand were properly developed, there would still be a steady and increasing demand, < Operations can be commenced, ffld the Mine opened out, and Coal put in the mar-' ket 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 (irreepectiveof promoters shares) have been subscribed for, , The cstima'rs given below, are for the full completion of the works. The proprietors will reserve to thenjjelyeß 13( ; 0 paid-up shares for expenses incurred pioving the lease and for their interest in the Mine, These Bhares 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 original report and estimates made by Mr James Russell, Mining Engineer (who also carried out the prospecting works), may be seen at the offices of Messrs Ledger and Hickson, Custom House Quay, Wellington. ESTIMATED COST OF WOBKB, 150 chains of a level tramway for horse haulage ■•„, „. £4OOO 0 0 Staiths to hold 300 tons ot coal ... 2200 0 0 Rolling-stock (tubs to hold lOcwt) ~., .-;... 800 0 0 Opening oat mine '...' '... 1200 0 0 Machinery for winding and pumpine,, including boilers, foundations, <&c ~, .',. 3000 0 0 Workmen's houses 600 0 0 Contingencies...; ... ... 1200 0 0 ' ' Total ...£12,500 0 0 HERBERT HtLLi BRICK AND DRAIN PIPE MANUFACTURER&o. Wallace and Rollestbn»atreetß, Wellington. T . HILL having imported the most Li improved machinery for themanu> aire of the above is piepared to supply BRICK and DRAIN TIPES &c, in any quantities, on the ■ shortest notice, Note he AddressWallace and Rolleston Streets, (Top of'Taranaki-street, ': Wellington, T. W. POSTER, IURNITURE WAREHOUSE, .' Cakteetoh, PRICE LIST. Suites of Furniture, in horsehair, nine pieces, from £26 Round tables, 355; Oval do, 40s and upward Whatnots, from 30s upwards Couches,.in horsehair, from 90s All kind of fancy tables, 22s 6d and upwards Cheffoniers, £4los and upward, in Totara knots Chests of Drawers, nine drawers, carved brackets, £10; nine drawers, totara knot, £9;' eight drawers, £5103 to £7 i five drawers, £3lss to £4 15; four drawers, £2 2s 6d to £2 7s 6d . Wasbstands, 3ft, 20s; 3ft 6in, 22s 6d . Toilet Tables,.3ft, 15s j with drawers. 20s,' Kitchen Tables, Is per square foot j with drawers, 4s extra - Dining Tables, Is 9d per square foot; with drawers, 4s extra Double Bedsteads, from 46« Colonial Couches, with back, 21s j without ' back, 17p 6d Flax Mattresses, full size," 295; single side, Spring Mattresses, FLAX top,3ft x 6ft, 80s; FLOOR top, 37b : GdjlHAlß,42s6dto47s6d. 4ft 6inx " Gft, FLAX top, 47b 6d; FLOCK top, -•• 67s 6d; HAIR top, £4 Jss to £slss Wardrobes from £lO ••'"■" ;!; ;"'. ' "All work guaranteed for twelve months, Orders for any part of the Wairarapa care-, ully executed. ■ 1172 CLUB. HOTEL,;LIVERY.AND BAIT :•••:■■' -jBLIBLES, ■■:> :•••■;- if.■ COOKJBRY;,& 00.,' Proprietors ,. fineries, bnrnpn hnirotag nlujnn. m, )■!» Horses to buy and to sell on the most reason' terms. .