Page 3 Advertisements Column 3

Inangahua Times, Volume XI, Issue 1755, 10 September 1886, Page 3

DRESSMAKING. V[PiS T. J. MOLLOY begs to inforn l " the La ies of Reef t mi that she i: Prepared to undertake all kinds o DRESSMAKING. All the Latest London .md Pai if? Fash ions by each European mail. Address — T. J Mul <•>•'» pnin'ses (late W. G. Colli ■-). B oa l ay. V. ■",-.■ . R. PRELIMINARY ANNOUNCEMENT I N AMATEUR Dramatic ENTER \ T.dNMENT in aid of tlu Unifoifi. Fund of the Reefton Cadets will be held on FRIDAY, 24th SEP TEMBKR. Farther particulars ir future issue. PROSPECTUS OF THE TTNITED DEVONSHIRE GOLE U MINING COMPANY, Limited. Capital ; L 6.000, in 30,000 Shares, of 4c Each. Pkovisional Dibkctoky : vt r W. Irving VI r Davii> Yofng, Mr . Moncriefe Mr H. Campbell, Mr D. Matheson Mr J. M'Mastmhs, Bankers ; National Bank of New Zealand, Limited, H. G. Hankis, Secretary. The Registered office of the Company ii to bu in Reefton. Tho property proposed to be worked ia compiled iv a quartz mining lease of 16J acres, situate on Anderson's Hill, in the Inan<<ahuailißtrict, and embraces two well known gold- hearing mines that some thirteen years ago were in full work, and in a flourishing condition, viz., the Anderson's Creek and Invincible Gold Mining Companies, Registered. The former mined about 7,000, and the latter company uuder 1,000 tons of quartz which yielded respectively a general average of 19dwts 12grs, and 23d wts 7i?rs per ton, while both declared dividends only to the extent of L 1,600, a circumstance attributable primarily to the very high cost of production, wages then ruling at from L 5 to L 4 per week, while crushi-ig was 30s per ton, which, together with a very marked absence of quartz mining experience, combined with the severe monetary depression then prevailing, led tirst to a temporary cessation of work, resulting subsequently in the cancellation by the Crown of the mining leases, for non-ob-servance of the covenants, and finally culminating in the voluntary winding up, and abandonment of the mines by the companies. Such is the brief history of the companies who occupied the ground it is now proposed to work. And now, in reference to the latter proposal, there need be no doubt entertained with regard to the existence of large quantities of highly payable quartz throughout the leasehold, the knowledge of which prompted the present proprietory (several of whom were large shareholders in the original companies, and likewise worked iv the mines, and are cognizant of the presence of stone), to secure a title to the ground and re-open the mines, which can be effected at a small expenditure, both tunnels and shafts being available with slight repairs to shortly enable quantities of »tone to be brought to grass. A battery of 15 head of stampers is immediately contiguous and available by the construction of a few chains of tramway, at which crushing can he executed at a cost of say 10s per ton. In view of such facts (the accuracy of which cannot be refuted), the value of the venture as an investment must commend itself to the most sceptical, as being exceptionally sound. More especially when the right of participation in the undertaking involves so small an outlay, coupled with a minimum of risk, as provided by the terms of the limit of liability ; tV present proprietors having decided to offei 24.000 shares in the open market, at x premium of four pence per share, tluu affording the public an opportunity oi participating (at a small cost) in one of tlu mogt promising and legitimate mining ventures in the district. The work of opening up the stonewill be commenced forthwith, when all tlu shares not theu allotted will be withdrawn from the market. Applications for shares to be made r the attached form, through the company'i bankers, or any authorised sharebrokur, or to the Secretary, in which latter cast to be accompanied by a marked cheque, or P.O. order. APPLICATION FOR SHaRES. Gentlemen— I hereby make application for sharei in the The United Devonshire G M.Co. Limited, and herewith hand you the sun of L , being the amount of Fourpenc< per share, and I undertake to sign thi Articles of Association when presents for that purpose. Signature Witness Name in full Occupation Address w. f. warnerT" COMMERCIAL TJOTEL CATHEDRAL SQUARE, CHRISTCHURCH. Agent for the Telegraph Line Coaches between the East and West Coasts. The Family portion of the Hotel i replete with every convenience. SIX SUITES of ROOMS, entuel SEPARATE from the other portion c the House. —also — Lady's Drawing Room. 6 Sample Rooms, Unsurpassed. Every attention to arrival and depai ture of trains and coaches. Agsnt fei »H WratOoMtCoMti*.