! Pubic Notices. i . | EXOHAiraE HOTEL, iI7PP 13 R BItOA DW A V j I.F.KFTOS. i Nothing but tbe best Rrands and I ChnicfSt Samples of ! \T7IXKS, ALKS.and SPIRITS, kept W in block. Lofty ani> weli- ventilated Bet>hooms Fan Visitors. lij connection with ihe Hotel ll>o i<ropiietor wishes to draw the attention of Mannpers of Dramatic, Theatrical and other Companies to the •ODDFELLOWS' HALL,' Which has lately been entirely renovated, pnlarged, and fitted up in a manner to ensure convenience and comfort of audiences and actors, Comprising nexr scenery and other noressories, including a maeniGi'pnt Piano, necessury for first-class per* formatices, with Commodious ])res«ing Ifcouis adjoining the f«t«ne, which, is the largest in Reefton • The Hall. wM be let orUfcknrjv&LV Wbms MM no enderffour wm l»e spared to "render ih«* Hotel and Hall attiactive to all Visitor* ANTHONY KATKR, Pbofbibtob. ,_ l _ mm - —~- T - - - —I — -- PBOSPECTUB OF THE TNANGAHUA DIAMOND DRILT^ 1 AND KOCK BOliliVG MINING COMPANY. Linns©, Itegislered under "The Mining Com* pan ies' Act, 1872." CAPITAL :*£6ooo, in 24,000 shares i»t 5t each. THREEPENCE on Application ; 3 1 od Allotment, and Calls not to exceed 6J per month. NO PKOMOTEKS SHARES. PROVISIONAL COMMITTEE : Mr Bowman Mr Lewi* Mr Hunter Mr Lecky Mr Brennan Mr Jones Mr Potto Mr Wise Mr Lee Mr Beecbe Mr Coben Mr MTougblctr Mr Frasw Mr P. Butler Mr FitsQerald Mr Hobby Mr Boardman Mr Walker Mr J. Gallagher Mr Archer Mr Watson Mr M'Kty Mr Love Mr Ralf MrHankin Mr Murpliy Bakcbbs : Tbe National Bank of New Zoilai Limited, at Reefton. Hon. Skcubtabt : Wm. Hugh Jones, Solicitor, Beefton, OBJECT OF THE COMPANY. The object of the company i* introduction of the Diamond Drill ,an admitte 1 factor to successful progress in mininp, to proepect, and more speedily develop the valuable quarts reefs on the West Coast of the Middle IsUnd, tbe initiation of the movement primarily centering and opera ing in the well known district of Inangahua, ft locality famous for its rich quarts lodes. Tbe benefit that would acurae to all dames connected with these goldfields, directly, as well as indirect'j, caunot possibly be better illustrated than t/y reference to the following statement made in the Tictorinn Houve of Assembly, in the month Of August last, by a member iv support of a motion that £10,000 be placed nn the Fotiuiates for 1882, to pur« chase diamond drills, ic. : — " The value of tbe work performed by one diamond drill at Stawell is beet understood by the enhanced value of mining properties which its discoveries have effected. Calculations in this direction have been made with some care, and are to hand, vie— Crown Cross United Company, 19 044 shares, former price Is 2 1 each : present value 10s. South Cross United Company, 30240 shares, former buyers, 1* 2d ; present buyers, ss. fios. 14, 15, and 16 South Cross, 14.400 scrip; former buyers 4? lOd ; pres. Nt buyers 14s 6d. tfos. 1 and 2 North Scotchman.*, (formerly unsaleable) £96i) 'shares ; present buyers 10s. The vnlue of the liitended has been increased by £22,000; Scotchman* United, £25 300, u« likewise the Pleaeaut Creek Cross Keef Company; and the Oriental. The grand totui value of these stocks before the discovery of the gold»bearing rvef in the Crown L'ros.United Company s shaft by the aid of tii>> diamond drill was about £41,161 ; now tbe total of their value is £148,400 ; the onu diamond drill increasing the value »f mini-^ property in this insiunce £107,246. Dm this increase has only begun it grow, «ikl i: is thereiore difficult to cay what one or t»> more discoveries will etiVt." With such facts aid figares before th<<there should be no doubt in the minds . tnoße whose iuterests «re wrapped up ;• iiitimutelv linked with the success or tnih: of the quartz reeling industry as to the ■ atsity of promoting tlie lurtherance ol : preteut undertaking, wbich nndpr efl'n ! and carelul ir<anag<;inent cannot tail to •. important a<d to the development of the sources ol the district, and will in arid act us a che<-k upon tl" 1 hitherto wast expenditure of large sum* of money in construction of prospecting tunuels sbaft*. As a further incentive to the promotic this company , it may be mentioned that drills supplied by the Victorian- Govertn proving mwltqu-ite to the ifquircuieuin i t>oldfield!>, a tompuuy lius been formei BulUrut. with a capital ol £50,000, lo; purchase ol Diamond iImII?, and h not her pany (or tlie sa c purpose lias been pn>j at Isandliurst, wit 1 * a cujjitul ot Jb'2s,oOt>. It is intended to let the drill tor hire tc company requiring it ; to take coinrurboring, und uiso to pru<pect any *ruun I ' ii.jij hereuiter be arquired I>y lie com p Until the (.uccfrtt ol the umlertnki fuil\ deiuonstrateil l»y result* irom tl.e •■?« oned'ill, wliicb it is intended to on! ; an early ilute. only a p.irnon of the c r will be called un, . nd it i* culcuUtett tluv revenue ;<ri»irg troin tlm luring out vi machine will \ield v lnin«l9O>M«* reftin (liviiieiids, wliicii m»y sit the discretion o 1 shareholders, be appropriated to the ;• i-hasie of tidilinontil iipplunceJ. Thelnui:»:ilii>it district i* peculiarly fm able for the operation of the diamond dnl A meeting of *hsreliolders wul be rai lifter 10,OtK) «lmre« have bien applieil for, deciiie upon tlie future <'O«r.«« of operaMui Form? «if appliitniinn lor shares to be ■ tamed iruiu tne v- der?is£iieil. W. 11. y-^ALL RECEIPTS Circulars, Seri Half- Yearly Statenidts, Puy-Sheets, A,; ehlu.iti 3 ':ilnu Tint!?, Jjb Pruning O Tie Cer.tr.il Broadwa7 eeft
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Inangahua Times, Volume VII, Issue 1049, 15 February 1882, Page 3
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917Page 3 Advertisements Column 7 Inangahua Times, Volume VII, Issue 1049, 15 February 1882, Page 3
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