Page 3 Advertisements Column 7

Inangahua Times, Volume VII, Issue 1037, 18 January 1882, Page 3

EXCHANGE EOT__L, |UPP Ii K »liOAI) \Y \ V j 1 j:iftox. Nothinc bus the best Krands t»nd Choicest Samples of WINKS, ALUS, and SPIKITS, ko r . in Stock. Lofty and well-ventilatid Ilrr-» no 1 M-* fok Vijiirons. In ronnPL't'on with ihe H"t«*l the proprietor whiles to draw 'he attention of M-in-it-prs of Dramatic, Theatrical and oilier CnmpanifS to tl c •ODDFELLOWS' H..LL,' Which has lxfelv bppn rntirrly |N» novated, enlarged, Bnd fitted up in up* * manner to ensure convenience and * comfort of audiences and actors, Comprising new scenery and other .c» rensories. fjnatoAing a magnificent ' ™ formanaM. _TC^.omgMic*M|yi-M.. ' iwr Imp 9 adjoinlftis thr*flfctp, which *Wr tbe largest in Beeftfe, The H-ki.lb will be let on Rl!---f itjßlr i»_filS. and no e&deavour will b#* . _]|^rpd to*r«*nder fh- Hotel and * -f*V-<l atti active to d| Visitors .vStHONY KATER, Propsietob. -_*■■ PROSPECTUS OF THE INANGAHUA DIAMOND DRILL AND ROCK BORING MINING COMPANY. Limited, v Registered under "The Mining Com* pan ies' Act, 1872." CAPITAL :*£6ooo, in 24,000 shares it 5s each. THREEPENCE on Applreation ; 3 1 oo Allotment, and Calls rot to exceed 6J per month. NO PROMOTERS SHARES. PKO VISIONAL COMMITTEE i Mr Bowman Mr Lewis Mr Hunter Mr Lecky Mr Brennan Mr Jones Mr Potts Mr Wise Mr Lee Mr Beeche Mr Cohen Mr M'JoughlinMr Fraser Mr P. Butler Mr FitzGerald Mr Hobby Mr Boardman Mr Walker Mr J. Gallagher Mr Archer Mr Watson Mr M'Kay Mr Love Mr Balf Mr Hankin Mr Murphy Bakebbs : The National Bank of New Zealand, Limited, at Reefton. Hon. Skcbbt'RY : Wm. Hugh Jones, Solicitor, Beefton, OBJECT OF THE COMPANY. The object of the company is inrrr duction of the Diamond Drill ,an admitU factor to successful progress in mining, - prospect, and more speedily develop tl valuable quartz reefs on tbe West Coast the Middle Island, tbe initiation of t movement primarily centering and opera in the well-known district of Inangahulocality famous for its rich quartz lodes. The benefit tbat would accrue to all clr connected with these goldfields, directly - well as indirectly, cannot possibly be bt illustrated than by reference to the folic statement made in the Victorian Hou? Assembly, in the month of August last, member in support of a motion that £10 be placed nn tbe Fstimates for 1882, tc - chase diamond drills, &c. : — " The yah the work performed by one diamond dr Stawell is best understood by the enha value of mining properties which its : coveries have effected. Calculations in direction have been made with some and are to hand, vie —Crown Cross U Company, 19044 shares, former price 1 each : present value 10s. South Cro*s ted Company, 30,240 shares, former bt ls 2d ; present buyers, ss. Nos. 14, 15. . 16 South Cross, 14,400 scrip ; former b 4s lOd ; present buyers 14s 6d. Nos. 1 a North Scotchmans^ (formerly unsalet 8960 shares ; present buyers 10s. value of tbe Extended has been increase. £22,000; Scotchmans United, £25 800, likewise the Pleasant Creek Cross Bee.' Ct pany, and the Oriental. The grand t< value of these stocks before the discovery the gold-bearing reef in the Crown Cr. United Company's shaft by the aid of t diamond drill was about £41,164 ; no the total of their value is £148,400 ; the or diamond drill increasing the value wf ramii' property in this instance £107,246. Bi tbis increase has only begun to grow, and is therefore difficult to say what one or tv more discoveries will effect." With such facts ard figures be ore the there should be no doubt in the minds those whose interests nre wrapped up a intimately linked with tlte sucrt-t-s or laili of the quartz reeling indu^ry »s to the ; ccssity of promoting the furtherance ot t present undertiiking, which under efllw; and carelul management cannot fail to p. important aid to the development of the* i sources ol the district, and will in add it act as a click upon the hitherto waste* expenditure ©f large sums of money in tl •._"'», i- construction _fc prospecting tuuuels at) *^f , shatt?. J . ■< ' As a further incentive to the promotion > this compiinv, it m.-iv ho mentioned t!i it t: drills supplied by the Viciorimi Govern mei proving inad.qu-ite to the i-eqi.irementg »l i eoldfields, a »oinputiy bus been loiuTeTT i Ballarat, with a capital ol £50.000, lor il . purchase of diamond diills, u-ot mtothiv eon pany (or tliqilare purpose ha* l«^pi p.ojcr-te , at gandlin'rsfcjTit'i a 'capital oU|-o,'X'o. t \ It is inte»»l_l to let the drill for hire to an , company requiring it ; to take eontmels foi'' « boring, nnd niso to um«pe«-; tiny .i-.m ;-\ tint n.ay hen alter be ai quired ' -y he eomp.-.-ny. , Until the .ucce.-s ol the un.lert.-ikin; ir" fuih demonstrated l-y result-* Irom the ti*e of one "drill, which it is itiu-nded !o onl.-r .-n an eiii-lv dnle. only .i ( . .-'ion ot tie ftip't :\ will b/called up, nd n i> e..lrr..ited iltm i ; ».< » revenue iiriMi -x ir-.>m the lioii'i! »■•' *-t t:m inai-lime will -..old i Ini-id-"" 1 ' rel urn in , dividends, wlii.-n imy a' the diser.-tio-i oi' tho ' sbnrehol.l.-i-., he aopr. i>riii*e.l to the r.ur* 1 eha.e ol midil ;oi. r tipplriliee^. TlieTiiiirsidi- .. distt-i.t i" -.-eeii'tar • !.<•- rable for the or. r it ...n ••* ihe .iiuhi.v: i .!.- I. A nuM-inc o! »'h ivh.-ld.-is \< t i :-- r.-.'.ied _ after ll'.00(> .!mi-. s li;>m- b- en up; ! c.! t.o-. to L decide i. pon fie fu:nre eotiiM' ol .p raio: -. Form? '■_ ;ii-plii-.»ll.»ll !. Vflian-: lo 'le ■:;■. taincd from sin- " .'- v.-iu>:ed VV. If. ! /-^ALL EECKII-T3 Circu!-i-s f< r j i j li..ll'Vearly Stale oe .is. P;iy Sh ■• ts. - i J the livnigiihui T o.** J l> r; : ' I I'll cr.tr J. IJ;Oad\V i ,- -if