Page 3 Advertisements Column 2

Westport Times, Volume VIII, Issue 1198, 31 July 1874, Page 3

favorable. The reef is now proved for 300 feet in length and about 100 feet in depth, improving in richness both in sinking and driving, while it carries gold throughout the whole workings. The drive to the south on the reef is 36 feet and varies in thickness from one to two feet, the shaft in the same drive is 34 feet deep, the reef being 20 inches thick, with every appearance of getting thicker. The encroachment of water, however, has prevented further operations at present. The drive to the north on the course of the reef is in 2U7 feet, carrying the reef the whole distance and gold-bearing throughout. The reef varies from one to six feet thick, and shows no signs of any break, being well denned throughout the whole drive. The reef in the face of the drive at present is about one foot thick and looks well. There are about 220 ton 3 of quartz in the paddock and fifty tons more standing in the drive. I should recommend that a new tunnel, sixty feet below the present workings be made into the hill at right augles to the reef. By this means the reef will be struck at 250 feet and enable the mine to be drained and effectively worked for many years to come—besides furnishing a working tunnel on the same level as the machine site. I believe that if the mine is properly opened up in the way I have indicated it will prove one of the most permaI have the honor to remain, Tour obedient servant, William Champion, Mining Manager. Westport, 25th July, 1874. Statement of Eeceipts and Expenditure for the Half-year ending July 24th, 1874: De. To Ist call, one penny on 27,500 shares ... To 2nd call, one penny on 27,500 shares To Bank of New Zealand £ s. d. 114 11 8 114 11 8 127 12 3 £356 15 £ s. d. 272 3 4 26 9 9 56 2 6 2 0 0 £3SG 15 7 We hereby certify that we have this day examined the accounts of the Halcyon Quartz Mining Company, Registered, and vouch for the correctness of the same, and that the above is a correct abstract of the receipts and expenditure to date, as shown by the vouchers produced. William D. Kerr ) . ... C. G. Andrews f BALANCE SHEET. Assets. 1574. £ s . d. July 24, By unpaid capital ... 19,416 13 4 „ „ unpaid calls 351 3 4 £19,770 16 8 £ s. d. 127 12 3 11 7 G 10 4 0 News Co. Advertising „ Cr o v c r lament Printer „ Salary ... „ Registration Eec... „ Balance ... 9 8 0 27 0 0 0 5 0 19,575 9 11 £19,770 16 8 We certify the above to be a correct statement of the Assets and Liabilities of the Halcyon Quartz Mining Company, Limited. C. G. Andrews j Audltors - JNO. MUNRO, Manager. Westport, 25th July, 1574. HALCYON QUARTZ MINING CO. (Limited), MOKIHINUI. mUE FIRST HALF-YEARLY JL MEETING of the above Company will be held at the EMPIRE HOTEL, Westport, on MONDAY, the 3rd of August, 1874. Business : To receive the half-yearly report, and determine the best means to secure the erection of Machinery on the claim. JNO. MUNRO, Manager. LADY'S DAY AND BOARDING SCHOOL, Wharf Street, Westport. "jl/f RS. W. S. CHAMBERS wishes JJjL to inform Parents and Guardiaus in Westport and the surrounding district, that she has arranged to OPEN on MONDAY, 13th July, a Day and Boarding School, where instructions will be given in a thorough English Education; also, Plain and Buucy Needlework, Terms Moderate. Music and French Extra.