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PublicJ^Notices. EXCHANGE HOTEL, V P P K K B K C> V D W Rt- V Rrkfton. Nothing b« tbe .best brands snd Cboicest Samples of WINES, ALES, and SPIIUTS.kepI in Stock. Lorrr wxll-vbntilatkd Bsihr UOOUi Fuß VISirOBS. In eonoeotion with tbe Hotel the pro* prietor wishes to dww tbe^stten* tioa- of Managers of D»ssMtie r Tbeatrieal aed other Companie* to tbe •ODDFELLOWS' HALL,' Which bas lately been- entirely renovated, enlarged, and fitted up in » manner to enfcure convenience and comfort of andienees aodfaetors, Comprising new scenery and other ac» ceesories, inoiuding a magaifieent Piajto, necessary tor first> class per* tormaaees, with Commodious Dretl> ins; Rooms adjoining the stage r myek is the largest JsjJKeeftonr The Hau will bl let on IBiascjumi TbbmS, and no endeavour will bo spared to render the Hotel ud Hall atttaetive to all Visitors. ANTHONY. KATBR, Ptorainoß. PBOSP£CTVS QF.TBSI* INANGAHUA DIAMOND DRILLAND ROCK BORIDFG MINIiNCr COMPANY. Lmumd, Registered under "The Mining Gomepan ies' Act, letS." CAPITAL v £6000, in 84,000 thares at is each^ THREEPENCE #n Application j W oa Ailotoeut, and Calls not to ejeeed 6d per months NO PBOJ&OTBBS SHARId. PROYISIO^AL;.COMMItTtfi • • Mr Bowman Mr Lewie Mr Hunter Mr Lecky Mr Brennan Mr Jones Mr Potts Mr Wise Mr Lee Mv Beeohe Mr Cohen Mr M'l«ughlJa< Mr Eraser Mr P, Butler Mr FitsQerald Mr Hobby Mr Boardman Mr Walker Mr J. Gallagher Mr Archer Mr Watson Mr MKay Mr Love Mr Bait ' MrHankin Mr Murphy BaKXBRS : The National Bank of New Zealan Limited, at Reetton. HON. SBCBSTiBY : Wm. Hugh Jones, Solicitor, Raefton, OBJECT OF THE COMPANY. Tbe object of tbe company is intro* duction ot tbe Diamond Drill ,aa admitted factor to successful progress in mining, to prospect, and more speedily derelop the valuable quarts reeft on the West Coatt of the Middle Island, the initiation ol the movement primarily cantering and opera ing in tbe well known oistriot of luangehua,a locality famous ToTiGT rioVquarts lodes. Tbe benefit tbat would aocrue to ailelasset connected with these goidfields, directly, ac well as indirectly, cauuot possibly be better illuatrateJ than by reference to tbe lollowing statement made in tbe Victorinn House «t Assembly, in tbe month of August last, by a member iv support of a motion that £10,000 be placed on the Jftattniale* lor 1888, to pur* cbase diamond drills, Ac :—" The value of tbe work performed by one diamond drill at Stawell is best understood by the enhanced value of mining properties which its discoveries have effected. Calcamtions in this direction have beea made with, aoroe care, and are to hand, via.— Crowa Cross United Company, 19044 shares, lortner price Is 21 each t ptesent value 10s. South Cross United Company, 30,240 snares, formrr buyer*, Is 2d i present buyers, 6t, Bee. 14, 16, and 16 Bouth Cross, 14,400 scrip » former outers as lOd i present buyers 14s 6d. Ko». 1 and 3 Nortb tkotebmaas, (formerly unsaleable) 8880 shares; present buyers 10a. Tbe value of tbe Kiteoded has beeu increased by £82,0001 Scotchman* United, £S6aw, m likewise the Pleasant Creek Cross tteei Vompaay, and the Oriental. The graud UH«I value of these Stocks before the dteeovevy of tbe gold-bearing reef ia tbe Crvwu Cnm United Company a shaft by the aid of the diamond drill was about <tU6»i aow tbe total of their value is £148,400 1 ««• oa« diamond dtill increasing the value *t sawing property in this instance W9VM. Jfiit this increase has only begun to jnrw, end it is therefore oUsfcuit tosaf what on* or two more discoveries will eftct." With such faeta ard figures beiore tbeai there should be no doubt in the aunds of tiiose whose iutetests are wrapped up and intimately linked with the success or tailurw of the quarts reefiug iurtustry a* to the mOkibity of proaiotiag tbe furtherance ot tha present undertaking, which under rffloicnb and carelul n.anag«ment eaanwt tail t» giv» iuiporuut aid to tbe development tl tbe im». sources ol tbe district, and will ia aildfta* act as a check upou th* Mtberta wyiactis ex|ienditure of large SSJ»>« of money w» tt*» construction of pu^otiof tnjiiisis . asu* sbaits. As a farther inceutire to the pjoetatisn «i this eosßpany, it may be »tcti!iiHt*4 tkwt tbe drifts supplied by tbe Yiefctfiaav 4H«>vmnsmm proviug inadequate to ttm te%«tr«a»«ttts vi ita goldfield*, a- company baa Uten lurmed iv Ballarat» with a> eapital oi £6U,0U0, lor ilm purobasw ot'«iame*a drill*, «tid anoibe^ cum* peoy tor sjse si a purpose bas been projected at aaadhuret, witl» a vytUH ot Jt2s,uuu. It is intetMled to let she drilt for itire to any eonipeiiy rtquinu^ it ,• »*> mkr i-uutravu boritig, and »iso to prufpeut any giouuat i . v.ay lwrfait«r Ue acquired «y ••«• coiiipaiiy. Uutit the fUCiff* ul tlir un en««iti({ fuil^ deiuoiisirated Hy rreuii* iroui li.c Uoe ol uiie drill, wiiivb it t» imviKicu lv urdcr •« an early date, ouly a yvruuu oi ti.e vuuit»l will be oUled up, . ud it i' caluuuted lliai lUu revenue urun.jf irvui tbe biting om ul the luavbine will >ield a he*»dtu»ic re'uru iv dividends, wbtuu iuny at the d(»vivtiuu ol Urn shareholders, be apprupria'ed v* me put* cbase of udditiunui a^^luucts. Ihe luaugabhb diotrivl pecu.iur > tsivoi - able tor the optYsiuMi ol tn« iiiuiimitd ari.i. A uie«uug ot »v rrtiuldeta «*>•> om c»»ieU after 16.UUU aiiur>« Uttve Oreit >"ijl>»d twi, i» dcciuv upou Uif luiuro o>ur*» ul u^cru^iuur. toruu <il apuiic««i.»u ior»iiut» .o m y^ tinned urwut mt v vi reigned. VV. U. r^Ahh BKctfU'lci Circulais, Strip u.it* Yearly auicuic >t*. I'uy Sheet*, * 9 \,i: g.ilui^iii i'liw. -to* Ffvl il.itf Uflla WirXiirJ Ulvhldwuj celt

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/IT18820313.2.13.7

Bibliographic details
Ngā taipitopito pukapuka

Inangahua Times, Volume VII, Issue 1060, 13 March 1882, Page 3

Word count
Tapeke kupu
925

Page 3 Advertisements Column 7 Inangahua Times, Volume VII, Issue 1060, 13 March 1882, Page 3

Page 3 Advertisements Column 7 Inangahua Times, Volume VII, Issue 1060, 13 March 1882, Page 3

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