Page 3 Advertisements Column 7

Inangahua Times, Volume VII, Issue 1055, 1 March 1882, Page 3

Pubic Notices. EXCHANGE HOTEL, UPPBK BROADWAY liBKFTOX. Nothing but tbe best' Brands and Cboieest Samples of WINES, ALEB. and BPIRITS, kept id Stock. Lofty .atdJ^wbll-vbntilatep^ Bsp* Booito you Vnnoßs. In connection witb the Hotel the pro* prietor wishes to draw tbe.attention of Managers of Dramatic, Theatrical and other Companies to thy •ODDFELLOWS' HALL,* Which has ktely been entirely ft» noTated, enlarged, and fitted op in a manner to etikore convenience and comfort of avdiences and actors, Comprising new scenery and o»bw •«• resiiories, including a ttacnileebt Piako, necessary for first-class per* lormaßces, with Commodious Dress* ing Kooms. adjoiaiug M*» •*»«•» which is tbe largeat to SteftM. Tbe Ha» will be let ©• fil&ftWU* Tumi, and no endeavow will bm I spared to render th* Hotel aofl ! Hall attiaetire to all TisitorsANTIJONY KATBR, PiomsTOß.

PROSPECTUS OF Tft£ XNANGAHUA DIAMOND DftllL 1 AND KOCE BOBIFG MINXNI COMPANY. LmrniN Registered under "The Mining Cosa* panics' Act, 1872.* CAPITAL t"£6000, in 24,000 sharot at 6s esch< THREEPENCE on AppHeatioO; Mm Allotmeat. and Calls not to exeoed 6d per month. NO PKOtfOTJKBS BHAREB. PROVISIONAL COMMmtBt BMr Bowman Mr Leirir Mr Hunter Mr Leckj Mr Bresaan Vr Jone* Mr Potts Mr Wise Mr Lee Mr Beech* * Mr Cohen Mr Ml<ougbJ>a> Mr Eraser Mr P. Butler Mr FitzQersld Mr Hobby Mr Boardman Mr Walker Mr J. Gallagher Mr Archer Mr Watson Mr M'Ksy Mr Love Mr Balf MrHankin Mr Murphy BA3KBBB : The National Bank of New ZcalaaLimited, at Beefton. HOK. S«CBET*BT : Wm. Hugh Jones, Solicitor, Beefton,

OBJECT OF THE COMPABT. The object of the company v tatro*duction of the Diamond Drill admitted factor to successful progress in mining, toprospect, and more speedily develop valuable quarts reefs on the West Coast of the Middle Island, the initbrion of «* movement primarily centering and opera Hj in the weU -known district . ■nipsh—, a locality famous for it* rich quarts lode*. The benefit that would accrue to all dasfet connected with these goldfleld«, directly* af well as indirectly, cannot possibly •be boMSt illustrateJ than by reference to the followiM statement ro*de io the Victorian House -if Assembly, in the month of August last, b£s> member in support of a motion fttt cllO^OO be placed nn the Vstimate* for 188S, to ptaa cbsse diamond drill*, Ac .— " The value si . the work performed by on* diamond drill at Stawell is bett understood by the eohaaosd value of mining properties which its dfs<> coveries have effected. Calculation* in this direction have been made with so*** oar** and are to band, vis. — Crows One* Valtss) Company, 19-044 shares, former price 1* N each : present value 10*. South Croat Uni* ted Company, 80 ,240 share*, former buy***, Is 2d ; present buyers, 6*. No*. 14, 16, a*jd 16 South Cross, 14,400 scrip ; former buyer* 4s lOd ; present buyers 14* 6d. No*. 1 aad S North Scotobmaas, (former ; unsakablr) 8960 shares ; present buyt..* 10*. Vho value of the Extended has been increased to £22,000; Scotchmans United, £26SUO> a* likewise the Pleasant Creek Cross Beef Company, and the Oriental. The grand total value of these stocks before the discovery of the gold-bearing reef ia the Crown Uros* United Company* shaft by th* aid of tbo diamond drill was about £41,164 1 SJOW the total of their value is £148,400$ tiis OM. diamond drill increasing the value ill ■aUtkaf property in this instance £107,246. But this increase has only begun to grow, aad K is therefore difficult to say what on* «tt*Js> more discoveries will effect." With such fact* ard figares before taoai there should be no doubt in the aUada of tliose whose interests are wrapped up aad intimately linked with the soccers or tailor* of the quarts reeßng industry as to the at* ciieity of promoting the furtherance of tao pretent undertaking, which under pfttetent and careful management cannot fail t* fk* iuiportant aid to the development of the r»* sources ol the district, and will in add it I* act as a check upon th« hitherto w**t**M expenditure of large »ud»» of money ia the construction of prospecting tunnel* aad shafts. ■ " As a further incentive to the promotion of this company, it may be mentioned that th* drills supplied by th« Victorian Government proving inadequate to the requirements of it* eoldfields, a company has been formed Ia Ballarat, with a capital of £80,000, for tlsf purchase of diamond drill*, and another OMB* pany for the sac > e purpose has b<^n projected at Sandhurst, with a capital ot £20,0U0. It i« intended to let the drill for hire to any company requiring it ; to tnke vo»tr*tt*fo boring, and uiso to prospect any gnmndtit may hereufter be acquired by herouipany. Until the fucress of the un>imaking fullj demonstrated by results Iron* the use ol one drill, which it is intemleil to order at au early date, only a portion ol the uapittl will be called up, nd it v culcn'uted that the revenue arising from the hiring oar of the machine will yield a Widsome return in dividends, whicti uviy at the diocretiou wf ttt* shareholders, be appropriated to the pur* chase of ndditiona! applinnces. The InangaliPh distrift is pei-n'iar y favorable for the opt-rafion <>f the disim«»nd drill. A meeting of shnr- holders will be called after 10.000 shares have been applied for, to d'ecitio upon tttf futur.- cnur;«, of opfr«»i<>n#, Fonip <>f :»|>pliiM«ion lor share* td Vs «b laiued iroui ili« u 1 designed. W. H. /"^ALL EKOKII'I'3 Circulars, Sfiip> ii.ill-Warly Statements. Pny Sheets, \t «ilni;»i4» l'ia< f> » i*.'u ii\ r\ ) -ij a t ciiUu. li.uau.vaj eJt