Page 3 Advertisements Column 6

Inangahua Times, Volume VII, Issue 1070, 5 April 1882, Page 3

Pob'.ic Kotices. EXCHANaS HOTEL, rjppjJK BROADWAY Keepton. Nothing bus tbe best Brands snd Cboieest Samples of WINES, ALES, and SPIRITS, kept in Stock. LOFPY ,AKD ;WELL-TSNTnATtO |BkE«booms wou Yisnotst In eoßßection with the Hotel the pro* (prietor wishes to draw tbe*attea* , tion of Managers cf Dnssatie, Theatrical and other Compaoiea to th# •ODDFELLOWS' HALL,* Which has lately been entirely rt* novated, enlarged, and fitted up in ft manner to enbure eonvenieaoe and comfort of audiences and aetors, Comprising new scenery and other aee cessories, including a magnificent Piano, necessary tor first-clan attsi' lormances, with Commodious I>#JM» ing Booms adjoining the ttageV which is the largest in Xeeftoav The Hau will be let ob Bxaso*absS Tbbms, and no endeavour will 4* spared to render the Hotel Msd Hall attiaotive to ill Vlsttors ANTHONY KATBR, Pbofbibtob. PROSPECTUS OF THE INANGAHUA DIAMOND DRILL AND BOCK BORING MINING COMPANY. Limitbd, Begistered under "Hie Mining Come panies' Act, 1872." CAPITAL : £6000, in 84,000 shares at 6s each* THREEPENCE on AppHeatioa j Sd 00 Allotment, and Galls sot to exeso* 6d persMtttk NO PBOMOTEBS BH4BKB. PBOVISIONAL^COMMITTKJtt HrßowmaaS Mr Lewis Mr Hnnter Mr Leekj Mr Brennan Mr Jones Mr Potts Mr Wise Mr Lee Mr Beeohe Mr Cohen Mr M*Lottghlia Mrfraser MrP.ButU MriitsOetald Mr Bobby Mrßoatchnaa Mr Walk* MrJ.Oallagher Mr Archer Mr Watson Mr M'Ksy Mr Love Mrßalf MrHankin Mr Mvphy Bahxbbs : The National Bank of Hew Zeals* Limited, at Beefloa. Hov. Bbobrabt : Wo. Hugh Jones, Solicitor, TT«noB. OBJECT OP THE COMPaNT. The object of the company is astro* dnction of the Diamond Drill ,an adasistssl factor to sßccessfnl progress in tuning, ti prospect, and more speedily rtnialoy the valuable qoarts reeft on the West Oasstof the Middle Island, the initialm of «**> movement primarily centering ajal otter* bsjt in the well-known distriet wf TasiaMhaVa losakty &mons for iu rinb flpana lodes. Tbe benefit that would aoaYw to all dasase connected with these goldfidds, directly, m well as indirectly, cannot possibly be pat Ms illustrated than by relerence to the Mlswiag • statement B>«ie in the Victorian Boave «t Assembly, in the month of August last, by m member in support of a motion that sTMMXK) ! be placed nn the Estimates for 1888; to pur* cbase diamond drills, Ac :— " Tbe value of the work performed by one diamond drill at Stawell is beat understood by the enhanced value of mining properties which its die* coveries have effected. Calculations in thia direction have been made with some care» and are to hand, vis. — Crown Cross Units* Company, 19.044 shares, former price Is H each : present value 10s. South Grots United Company, 30,240 shares, former buyer** Is 2d ; present buyers, ss. No*. 14, lft, and 16 South Cross, 14,400 scrip ; former but era 4s lOd j present "buyers 14s 6d. Nos. 1 and 8 North Scotohmans, (formerly * unsaleable) 8960 shares ; present buyers 10s. Tue value of the iiiitcuded has beeu iucreassd by £22,000; Scotchmans United, £263uu, m likewise the Pleasant Creek Cross Beet Company, aud the Oriental. The grand total value of these stocks belore the discovery of the gold-bearing reel iu the Crown t/rws United Company s sbalt by the aid of the diamond drill was about £41,164; bow tbe total of their value is £148,400 ; the etw diamond drill increasing tbe value vt UHni«g property in this instance £107,346. Jftff this increase has only begun to grow, aad It is therefore difficult to say what Ota or tWS> more discoveries will effect." With such facts acd figures belli* then* there should be no doubt in the sshsis of tiiose whose iuterests are wrapped up and intimately linked with the sueovs* or tail*r» of the quarts reeling industry s» to the necessity of promoting tbe ituthemaM ol Um present undertaking, wbieh under dfosvM and caret ul uianagninent cauuwt feul t» gtv* iuipwrtaut kid to ine developoi«t.t wr tbe re* sources ol tbe disirict, ano will iu aoU it m act as a check upou tl>« hitberte warteiul expenditure oi large sun«a ol mouey m ib« coustruviiou of protfpeetiug tunuels mini all ails. As a further inceutive to tbe promotion ot this compnujr, it way be umuUinsml thai tb» drills supplied by tbe Victorian liVnmiaMni proving inadequate to tbe m^iiirssxms otits goldfields, a compauy has bets) fatsaasl ts> Ballarat, with * capital oi £40,000, tor Mav purvbase of diamond drills, aud another eoat« |»uy tor tbe sa 1 e purpoM bms been pr«je«leil at bandhurst, with a capital ot ttbfiUHK 4, It is intended to let tbe drill lor hire to any couipauy requiring it ; to uke coutraotsi o boring, and uiso tv |»ruipect any gruundt-M a.«jr uercutter be acquired oy ne ouutWh/* Uutil tbe bucivm ui the uiiuertaKMig futlj ueinonstraied by results irotu tb« \u$ of one drill, wniuU it » iuicuUed to order at an early date, ouly a pertwu ot the capita) will be called up, uud it is calcuUted tb«i tb* revenue urning iruui tbe hiring «mi ul tb« machine wilijfieid a bainlaouto return iu dividends, wbicu may at the discretion ol lh« shareholders, be appropriated lu the pur* cha»e ot aduuiouul upplunco*. The luuugabuM district u peculiarly l»rurable lor tlie operation of tbe uiuiuuud driiL A uieeiing ot *h«reUolders will be calle after Iti.OOU euures have been w>*plied for, to deoiUu upou lue lulurc courts ul oprraviuna, Jboriua uf uppiioatiou lor shares iu j« ob taiucd irom luo uuu«r»igned. W. H. piALL RECKIfIS Circulars, Scrip u..11-Yeurly Statciueats, Pay Sheets,* Kj iii[ui;»iii LUiih. T »') Fain in e(> >tio V'eutr^l liiottJwa7 wtit