Page 4 Advertisements Column 5

Evening Post, Volume XXIII, Issue 127, 2 June 1882, Page 4

KAIAPOI WOOLLEN MANUFACTUR* ING COMPANY (Limited). Capital— £loo,ooo, in 4000 shares of £25 each Subscribed Capital — £65,025, in 2601 shares Paid-up Capital— £s2,99B 103 Unallotted Capital — £34,975, in 1399 shares Directors — laaao Wilson, Eaq., M.H.R., (Chairman), G. H. Blackwell, Esq., Robert Allan, Esq., W. Sansom, Esq., E. Parnham, Esq. .Bankers — Bank of New Zealand. Solicitors — Meßara. Garrick and Cowliahaw. Seoretary — Mr. H. A'Court. Registered Office — Cashel-street East, Chrictchurch. FINAL ISSUE OF SHARES AT PAR. LIBT CLOSES 3ed JUNE, 1882. In pursuance of the policy initiated at the date of the enlargement of the Company, the Directors have decided to offer to the publio the balance of unallotted shares, numbering 1399, of £25 each. The large increase in the business of the Company justifies the Directors in taking this Btep, as THE WHOLE CAPITAL CAN BE PROFITABLY EMPLOYED ; and the business ia now on such a Bound basis that the ahares of thia Company can be looked upon as a PERFECTLY SAFE INVESTMENT TO SHAREHOLDERS. SINCE THE ENLARGEMENT OF THE COMPANY, 18 MONTHS AGO. TEN PER GENT. DIVIDENDS EAVE BEEN PAID, AND THfcJ COMPANY IS NoW IN A ViiRY SOUND AND FLOURISHING CONDITION, WITH FAST INCREASING BUSINESS, AND A LARGE DEMAND JfOR THEIR MANUFACTURES IN ALL PARTS 9F NEW ZEALAND. The Directors have pleasure in drawing attention to the report of the Jurorß of the International Exhibition, now being he d in Chriatchurch, Claeß 8, aa followa : — " Kaiapoi Woollen Manufacturing Company (Limited). — We have carefully examined the various exhibits ef the Kaiapoi Woollen Company, and recommend (a certificate of gold medal) for purity of material and the excellent finish ot their tweedß and woollen goods; also, a second award of (a certificate of gold medal) for the superiority of their made-up clothing. We further recommend this firm for the Industrial Prize. Of all the industrial corporations which have come under our notice none are better qualified to compete for an award of thia character than the organisation of Kaiapoi. They employ capital amounting to £112,000 ; employees at mill, 240 , people at the Clothing Factory, 185 ; total employed at present, 425. Additional labour required, 140 handa ; very shortly a total of 565 people ivM be emp loyed. They have purchased for this year's business wool £36,000 ; coal required, 2GOO tone, Malvern coal only being used. Estimated consumption of oil manufactured in New Zealand, 2000 gallons ; estimated consumption of aoap of colonial manufacture, 40 tons. The motive power at the mill is a 60 h.p. engine, made by Scott Bros, of Chriatchurch, Bteam being supplied by five (20 h.p.) boilers, made by J. Anderson, alao of thia city. Nearly all the Bhafting and belting in übb is also of colonial manufacture. In short, we know of no industry bo well calculated to develop the resources of the colony, and we aro not aware of any firm whose efforta have commanded greater auccesa." The aum of £1 per share will be payable on application ; £2 10s per share on allotment ; and the balance in calls of not more than £2 10s per share, at intervals of not leas than three months ; or the whole sum of £25 may be paid up at once. New shares will rank, for dividend, from date of allotment. Allotments will be made according to PRIORITY of APPLICATION. Applications for shares to be made to WILLIAMSON A CO., Sharebroke rs, Lambton Quay (opposite Bank of New Zealand), Wellington. 'SpHE RED HILL GOLD-MINING COM1. PANY. SawJ Pit Gully, near Appoos Gully, Collingwood. To be registered as a Limited Company under the Mining Company's Act, 1872. CAPITAL, £24,000, in 24,000 Shares of £1 each, of which 4000 Shares paid up to two shillings, together with two shillings per Share on 20,000, to be issued to the publio, being the consideration given to the owner of the property, he having expended over £2000 in putting in drives, erecting buildings, and otherwise developing the mine, the whole of whioh will prove of great advantage to the Company. One Shilling per Share to be paid on application, Sixpence per Share on allotment, and Sixpence per Share one month from the registration of the Company, whioh will then be deemed as paid up to Two Shillings per Share. The property consists of a lease of 16 acres, held under the Goldfields Regulations of 1866. There are three distinct lodea in the area, two of whioh have been traced for distances of about 100 feet in the case of the northern, and about 300 feet in the case of the middle or main one. The northern lode averages in thickness 15 to 18 inches, and the middle one, where first cut in the top of level, five feet, and in the piddle level ten feet. This lode ia in numerous places joined by veina or leadera of varying thickneas, all gold bearing and Borne rioh, five of these loaders have been traced for distance!) of 30 to 100 feet, and vary in thickness from two inches up to two feet. The south lode has as yet only been out in one place in the top level, and close by it is joined by two large leaders, from both of whioh very good stone has been obtained, one of these loaders being traceable for nearly 150 feet. At the end of the lower level tho last 30 feet consisted of a formation of quartz veins from the thickneas of one-eighth of an inch to cix and eight inches, all gold bearing, and several Bhowing gold very freely. This body of veins ia vertical, and it ia supposed will unite with the middle lode at a depth of about 140 to 150 feet. It is proposed to put in a new level from Appooß Gully, which would open the mine at a depth of about 150 feet below any of the present levels, the length about 450 feet, and the cost may be taken at about 12s per foot, and if the lode should bo as rioh as at the aurface (and from the indicationa there ia every reason to suppose that thia will be so), machinery would then at once be ereoted. For further particulars apply to LEDGER A HIUKSON, Brokers. Wellington, 18th April, 1882. . __ j By Special Appointment to Hia Excellency Sir Arthur Gordon. TZ" O H N A CO., WATCHMAKERS & MANUFACTURING JEWELLERS, Lambton Quay, Wellington. Branches— B. Petersen and Co. ... Christchnrob S. Koan and Co. .„ . Dunedin S. and H. Kohn Auckland Kohn Bros. ... .>. ... Wanganui AND H. Kohn and Co 93 Loadenhallat., London By Appointment to His Excellency the Governor. XTf LITTLEJOHN AND SON, WATCHMAKERS AND JEWELLERS, Lambton Quay. It is no use trying to get large profits now-a-dayß. The man who desires to get a good name and be successful must sell at the lowest possible profit, and give the publio good value. J^RANK GRADY, JEWELLER AND FANCY GOODS IMPORTER, WILLIS-ETREET, WELLINGTON. Gold and Silver Chains made to order. Repairs of every description carefully executed. English Lever Watches, Jewellery, Electroplate, Preservers, Spectacles and Folders, Carved Wood, Purßos, Pocket-booka, Card Cases, Albums, Scraps. Oleographs, Photo Frames, Inkatands, Playing Cards, Mechanical and other Toys, Ac, Ac, Chbaper than at any other House in thb City. WANTED Known, that F. Jeffery Thorn don Coal and Wood Depot, has on sale best Newcastle Coal, screened, guaranteed full weight ; beat dry Firewood, Rata, Matai, Tawa, Ac, all lengths, at lowest possible rates for cash. Orders left at Mr. Tinney's, Moleaworth-street, or Logan'B Stores, promptly attended to. Furniture and luggage carefully removed.