Page 3 Advertisements Column 6

Inangahua Times, Volume VII, Issue 1068, 31 March 1882, Page 3

Pubic Notices. EXCHANG3 HOTEL, upp jj v biioa.u \v a r Nothing buß tbe best brands and Cboicest Samples of WINES, ALES, and SPIRITS, kept in Stock. LoFTT ,AND JWEII.- VENTILATED gBlD* uoo^i ton Vislroas. In connection with tbe Hotel the pro* Qprietor wishes t» draw lbe£atteu* tion of Managers of Dramatic, Theatrical and other Companies to lL* •ODDFELLOWS' HALL,' Which hss lste)y beeir entirely renovated, enlarged, and fitted up in a manner to eusure convenience and comfort of audiences and.actors, Comprising new scenery and other ac« cessories, including a magnificent Piano, necessary for first-class per' formances, with Commodious Dressing Rooms ad joining tbe stage,, which, is tbe largest in Reefton. The @au. will be leMm Bxlbokabui. wmus, and «a enMrVour will be spared to render the Hotel aadr Hall attiaetive to all Visitors ANTHONY KATBR, Pbopbistob. PBOSPECTUB OF THE XNANGAHUA DIAMOND DRILL 1 AND KOCE BORING MININa COMPANY. Limitbd, Registered under ''The Mining Com* paoies' Act, 1872." CAPITAL : £6000, in 24,000 shares at 5s each. THKEEPENCE db AppHcaUon ; 8d on Allotment, and Calls not to exceed 6d per month. NO PRO3IOTEKS BH4BSS. PROVISIOiVAL;.COMMITT£B t Mr Bowman^ Mr Lewis Mr Hunter Mr Lecky Mr Brennan Mr Jones Mr Potts Mr Wise Mr Lee Mr Beeehe MrCoben Mr M'l-oog hlia Mr Enter Mr P. Butler Mr FitxQermld Mr Uobby Mr Boardmaa Mr Walker MrJ.Qallagber Mr Archer Mr Watwn Mr M'Kay Mr Love Mr Half MrUankin Mr Murphy Bakkbbs : The National hank of New Zcalaa Limited, at Beefton. Hon. Sxobstabt : Wm. Hugh Jone«, Solicitor, Beefton, OBJECT OF TUB COMPANY. The object of tbe company v iotro* duction ot tbe Diamond Drill ,an admitted fiictor to •Dccesaial progrctt in mining, to prospect, at»d more speedily develop the valuable quarts reefii on the West Coats of the Middle Island, tbe initiation of tbe movement primarily centering and opera iug in tbe well-known dittriot of Inangahiuua locality fanxxM for iv rich quarts letfae*^* Tue benefit that would accrue to all classes connected witb these goldfields, directly, ar well as indirectly, cannot possibly be better illustrated tban by rclerenoe to the following statement made iv the Victorian House el Assembly, in tbe month of August last, by a member iv support of a motion that £10,000 be placed nn the Vstiuiatee lor 1883, to par* cbase diamond drilla, &c : — " Tbe value of tbe work performed by one diamond drill at Stawell is be«t 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, vis.— Crown Cross United Company, 19 044 shares, lormer price Is 21 each : present value 10s, South Crow United Company, 30,240 shares, former buyen, Is 2d ; present buyers, ss. Not. 14, 15, and 16 South Cross, 14,400 scrip; former bujers 4s 10d ; present buyers 14a 6d. No*. 1 and 2 North Scotchmans, (formerly unsaleable) b'96i> shares ; preieut buyers 10s. The value of the jLxteuded has oeeu increased by £22,000; Scotuhmans United, £25 300, aa likewise the Pleasant Creek Cross Reel Company, and the Oriental, iiie gruad total value of these stocks beiure the discovery of the gold«beariug ivei ia tbe Cruwu crosa United Coinpauy s shaft by the aid of tbe diumond drill was about £41,164; new tbe totul ot their value is £148,400; the ou« diamond dt ill increasing the value •»! mining properly in this instance £107,246. Due tine increase has ouly begun to grow, and it is therelors difficult to ray what one or two more discoveries will effect." With such facts ard figures before them there should be no duubi in the minds of tuose whose iuterests tie wrapped up uud intimately linked with the succeed or lailura of the quartz reeling iuduatrv as Io the iucttsitjr vi promoting tbe luribcronco wf tho preieut utideriukm^, whicu under elh'cient and careiul u.uuag'tineut cauiiui lull (a give iiiipoitaut vii io itio UeVfluput«iit of iho u» sources oi Hie district, uuu will m mid Ui» uct vi ix click upou 11-i huiierto wasteful «X|K-uiJiiurt; ol Urge »uu<o of money m the construction ol piospcctiug tuuueis aud SbUllf. As v turtlior incentive to the promotion ot this company, it may be uieniii»..i-d that th» drills supplied 0) die Victuri.in Uuverutueiit pruvmg inadiquate to tho lequiremeul* of it* (iOldticid^, a compuny lias been loruied in Bullarat. with v vupual ol £50,000, lor tb« pufcimse ol diumonu ct. ill", a, .a uiiotuer com* pany lor t i.u su e purpose tius been pivjeuted I ul Sandhurst, witU a capital ol X*2o,UUU. It i» intended to lettnc drill lor hire to any I company ivquniii,; it ; to lake contracts;' O boiing, uud ..ibo to piv.-(H'ck uny Ki'ouudCll u.uy nuiiuiier ut uiquina <y in 1 coiupjny. Culil ttie »Ucifcs oi llio uii,,eliaktl.g luii_) i.ciiiui.f ia>c<i i>y rtfUxs ii'oin tLif u.-e ol one J'lU, Hi. an it is imiiiiieu to oiuir at an euru iiutc. omy <t p.niion of tlie capital wilt be culled up, ■ i.«.t it is iMlciu<ttei( thai thtf revel mo tii'iMi.g iroui liic luring oai ol.the luacluue Mill jieid v iianiiso'iiv; return in diviuciuls, wlucu uiiy at tlie discrition ol tii% eliureholuers, be up^iv pi luted io tlie pui« viluse ot addllioua. appliances. 'I'he Inuiigaliiii. disiriut v peeulmi'.y latitublc lor tnc opi-ruii.'U ut the ui.unuiid drill. A mealing ol oiul\iiuUli;r» will bo caile ufier lu,UUU 9ii.<r>.9 nave Oi-uu u>-plit.d Ivr, IO deculu upo.i liiu luiurc tuu.ov ul i>pv;ra>li>UF . burnt* ol uppiic.iiU>u ior sliaiea to mj ub ■ uitivd ll'oui luu a uvi\-i^ne*J. »>. If. r^ALL BKCKIL'I'S Circulars, Scrip. u..l.«Voarly Sutomc -is, I' .y Sheets, \,<: .;i[iki;tiit I'll". (» l\\\ \\i\j O lie, ' U.oadrt'i? ctil