Page 3 Advertisements Column 7

Inangahua Times, Volume VII, Issue 1042, 30 January 1882, Page 3

j Pub ie Notioas. EXCHANG3 HDTEL, IT P P U li HIIOAD VV A V ]<EE¥TOX. I Nothing but the best Hranda an*i | Choicest Samples <>( WINES, ALES. a.i<l SPIUIT9, ke; '< in Slock. Lofty asd "WEtt-TEN-TiLATBD Bi.rboom< f.»b Visirous. In connection with the Hotel the proprietor wishes to draw the attention of Managers of Dramatic, Theatrical and otber Companies to the •ODDFELLOWS' HALL.' Which has lately been entirely renovated, enlarged, and fitted oy in ;i manner to ensure convenience mi eoctfort of audiences and actors. Comprising new scenery, and otlipr nrressories, including a roisnificent Piai»o, neceßsnry for nVst-rl!? 1 ! pprformances, with ConMm»dicu? I'rossing lfooms adjoining tl<o sia^r, wbick is the largest in Eeofton. The Ham will be let on Eli* -iv-aslf:-Tebhs, and no endeavor. r wii! he spared to fender* .tli'« Uotpl and Hall atttaelive to all Visitor j ANTHONY KAT E H , Pbofbibtob. PROSPECTUS OF THE INANGAHUA DIAMOND DRILT AND ROCK BORING AJLNIM; COMPANY. Limited, Registered under ''The Mining Con panics' Act, 1872." CAPITAL :"£6OOO, in 24.000 share? 5s each* THREEPENCE on Appl'cation ; 3 5 c ; Allotmeut. and Calls not to exceed 6d per month. NO PROMOTERS SHARES. PROVISIONAL COMMIT V RE ; Mr Bowman Mr Lev/is Mr Hunter Mr Lecky Mr Brennan Mr Jones Mr Potto Mr Wiso Mr Lee Mr Beecbe Mr Cohen M* Ml oughiin. Mr Praser Mr P. Butler MrFitzGerald Mr irobby Mr Boardman Mr Walker Mr J. Gallagher Mr Arriie. Mr Watson Mr Jl'Kar Mr Love Mr Ralf MrHankin Mr Murphy Bankbbs : The National Bank of Now Z.-alv Limited, at Reefton. HON. SsCKBTtBT : Wm. Hugh Jones, Solicitor, lice fto: OBJECT OF THE COM? -\ NY. ! The object of the company ie in' duction ol the Diamond Drill ,;vi idini: factor to successful progress in riininj: prospect, and more speedily devcl >p t valuable quartz reefs on tbe Wen CVum the Middle Island, the initiation of t movement primarily centering and opcrr. i in the well known district of In^'L'iilnu:. locality famous for its rich quarts UkH-s. Tbe benefit that would accrue to all ciassc connected with these goidfiekU, diiv:-'iy, r well as indirectly, cannot poMtbij !..- be; •'■ illustrated than by reference to the l..!l(v.viii_ statement made in the Tictorinn lioutie n Assembly, in tbe month of August i-..pr, hy » member in support of a motion thi £10.000 be placed nn the Fstiuiates for 1882, io ;ov;r< cbase diamond drills, &c. :— " Tbe vulue o! the work performed by one diamon \ -Jriil :it Stawell is best understood by the i-.ihan'-ed value of mining properties which is discoveries have etfected. Calculatioi 3 in this direction have been made with soue care, and are to hand, viz.— Crown Cross Unitofi Company, 19044 shares, former pric 1" 2i each: piesent Talue 10s. South Crc-s United Company, 30 240 shares, former buyers, Is 2d ; present buyer*, ss. Nos. li, ~io. ami 16 South Cross, 14,400 scrip; forr.-er tuners 4s lOd ; present buyers 14* 6d. Kcs. I onJ. - North Scotchmans, (formerly ti-r^iicuble} 8960 shares ; present buyers lOs. The value of the Extended ha* been im".\M?cd by £22,000; Scotchmans United, £l'o 3JO, as likewise the Pleasant Creek Cross 11 cat Company, and the Oriental. The ;r 1. 1 total value of these stocks before the discovery ol the gold»beuring reef iii the CrrTn i.'rot-; United Company's shaft by the vJ s£ i!ndiamond drill "was about £4'.1">1; io\t tbe total of their value is £148,40 ; tlic on. diamond drill increasing the v»I;, .' i.i;>ii>. property in this instance £U7:-U3 i^ 1 this increßiie has only begun to w~\?, cw\ is therefore difficult to cay what > . • or ;'■•■ more discoveries will effect." With such facts ard figures Lr-i'or-' f. there should be no doubt m thi? tunui* those whose intere-'ts me wrappni up ■ • iiiliuiafelr linked with the Miwess .^r •ni : -: of the quartz reefing industry a^ to (lie v ceisity of promoting the lurihenirnv .i i present undertuking, which un.i. • i :'i . and carelul iiianagHment cuntiot (»■! to tri important u<d to the devdop-nen- -. f i '-..- i sources of the district, and will ir. a ■•' A act us a check upon th« hitherto waste expenditure of large sunsa of money ;:. construction of piospectiug tunne.j v shafts. As a turther incentive to »h*« pro-no: ■■-,;-, this company. it inuy hje niemioued tiiif 0: drills supplied by the Viotoriiin Uovt'n iii> r proving inadequate to the requirement? <.>'■ •' tfoldGeld^, a company lug been fonir- I r Ballarut. with a capital ol £50,000, (or \)w purchase of diamond drill?, a «l Hiuiihcr co'.ipany lor the sa c purpose has b'-eu yv\ iei:tcii at Sandliurst, with a capital of £25,CHAi. It i* intended to let the drill for hiiv f ■. a^v romputiy requiring it ; to take eo'iirsii.-t? •■.'.- --i boring, and aiao to uro»pect any ?>t>u ■■.. .• v. ay heresilter be m-quired t>y lie eo-i -mv. Until the sueiffS ol the HiniertiiVi'-.: i--fuil_\ demongtrnteii t>y nsults irom tl. .- • ■' one d^ill, whit-h it is intended to uv^' ■.; sin early d»te. only .i portion ol t* c . ■■:•_> '>• will be culled up, i net it i< cjiliMi ittd ti- • •'■• revenue :iri«n.g from the lining out • r;j maihine will yiehl a lm«nl*i»'iii- i«-i i»r:i ■ divideiul.-i. wliumi muy at the divert tion : i ■ shareholdeis, be anpropiiated to the ■ ■ ;,-- chase of iidtlition.-i! appli-ince*. The In;mgahi!tt district i# pivu'wriy f'"'- ' able for the operation of the drminni dv A meeting of elnreholders wnl b<- <-. . ! after IG,O(X> shun 1 ? have b«*en u|.>|.'lifd loi . decide upon the future course ol <.>]>> r u -mi :• Fornu «'(" MjipliciiiMii |<.ir slia-'.- o c ■■■• taincd irom ibe v drr-i^ned. \V. K. | pAT.L IJTCEiPTj Cirou ■. S H...!:»l">';ipy Statr-un* its. P y?! tli e In.in^a'.ku-i 1 i n<\- JoS l'r< C'k.ilrui ijiv lj«:t-, nif