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' NEW COAL COMPANY. THE BBUNNEB COAL MINES COMPANY, limited. To bo Incorporated under "The Companies Act, 1903.". CAPITAL » - £5O 9 000 IN 50,000 SHARES OE £1 EACH. "WHEREOF 10,000 aro to be allotted to tho Vendors as fully-paid in part payment '' ,, ff ° r *n° properties being purchased by the Company, and 40,000 are being offered to tho public for subscription, payable as follows:— S 2'i 6d per share on application, 2s 6d per share on allotment, and the balance may be called up by tho Directors, iijid it is anticipated that this will be by, calls at -2s 6d per share at intervals of. not less than one month. ™xT™m DIRECTORS: ??^il^ A^T S t SMI £P' of Greymouth (Manager of C. Smith, Ltd.) T^oi 1 l S xT DD V A:NIEL J jYNCH ' of Greymouth, Merchant (MarL Sprot and Co.) ,Rr, kPH l AYLOR, of Greymouth, Mine Owner. JOHN GIESEKING, of Greymouth, Wine and Spirit; Merchant JUb&PH PETRIE, of Groymouth, Newspapor Proprietor (Mayor of Groymouth otad Chairman of Greymouth Harbour Board) JOHN CLARKE GITTOS, of Groymouth. Draper (Manson and Co ) NEIL MIJ3AN, of Wellington, Contractor. BANKERS: THE UNION BANK OF AUSTRALIA, LIMITED. SOLICITORS : ■- Messrs. BELL, GULLY, BELL AND MYERS, Wellington INTERIM SECRETARY: WILLIAM H. MACDOUGALL, Wellington, Agent, f BROKERS : J Messrs. F. C. HJORRING AND COMPANY, Wellington jf ■ , J. M. LENNOX, Auckland. The objects and powers of the company are set o~ut in the Memorandum of Association, which may be had on application to- the Brokers. The Company is being formed for the purpose of acquiring the proporties and assets known a* the Tyneside and Wallsend Collerics. The purchase prico haa been fixed at £20,000, payable as follows viz — £10,000 111 cash and £10,000 in fully paid-up shares. The properties consist of the "Tyneside Colliery of 108 acres 2 roods and 3 perches; the Wallsend Colliery, of 149 acres and 12 perches; the Railway Reherye at Brunnor. of 1 acre 1 rood and 4 'perches; Pilcher's lease, of 57 acresand Dobson s area, of 640 acres'. Tho Tynesido Company purchased tho Tyneside Mino about September, 1903, and has worked it continuously every stnc?.' A copy of tho report and balancesheet, of the Tynesido Company for the youtr ending the 30th September 1907 appears in the prospectus. Tho net profit tor that year amounted to £3634 5s 2d and tho gross ouf put of coal for the year was 83,667 tons.- Tho coal -vsas readily sold lnWellington and other districts for household, steam, and gas purposes. The W allsend Mine was purchased about April, 1905, but has not hitherto boon worked by tho lynesido Compajiy. -vr t "S 1 ?- P r °l D ?»" tv t 'i 3,?i 3 ,? bee " c£rcf?!lyc £ rcf ?! l y eximuined by Messrs. T. F. Daniel, F.G.S., M.1.M.L., Robert Alison, M.E., Charles 'M'Quoens, Robert Russell, W. Watchman and James IvoiU'ecJy. Copies of these gentlemen's reports are attached to tho prospectus. From theso it will bo obsei-vxjd that there is ample coal obtainable. Tho Brokers need hardly poip'. out that Brunner coal ia bo ell known in all parti of the Dominion that description of its composition, structure, calorific value etc.. is not required. It is admittedly one of tho bast, bitunvnous coals m Amtrnlasia. and one admirably suited for steam, smithy, or household use. FpV coke-making its properties are widely appreciated, and as a ga3 coal it boar* palm of being the best in the world. In thu connection it may be pointed out that the gas works of New Zealand consume annually over 200,000 ton 3of coal, and the consumption is rapidly increasing For gas-making purposes there is at present existent a special ancl certain market* for double tho preset on*nut of Brunner coal, and for all other purposes that good coal is required, Uruniior well holds its own in the front rank of competitors Tho fireclay underlying tho Bruianior coal ia admirably adapted for tho manufacturo of every class of fire-brick nrd fir e . c l a y goods. At .present tho consumption within Is ew Zealand is considf *a bio and an annual profit of £1000 can bo obtained without difficulty. With special methods and plant for the manufacture of gasworks retorts, tho, profit could be materially incroasod. In" the event, of iron boing produced within the Dominion, Br vn ncr fire-clay goods, would bo in conMderablo demand. As an adjunct to colliery operations- thia matter is veil worth attention. Copies of Prospectus and any further information desired may be obtained from the Brokers. , >FF a v y ,, a PP Hcations j or Shares tire in v ited, and should be made and forwarded to tho Brokers on tho form issued, with tho prospectus, accompanied by a cheque for the application money. ' J " lc 4"" F. C. HJORRING AND CO., Nathan's Buildings, Grey-i.treet, Wellington.

D. W. VIRTUE & CO., 5, VICTORIA-STREET, Wellington, GRAIN, FLOUR, PRODUCE, AND COMMISSION MERCHANTS. Agents for THE N.Z. FLOURMILLERS 1 CO-OPE-RATIVE ASSOCIATION, LTD. [ UNION DYE WORKS, 178, Upper Willis St. TclsphoKs 2G39 (Near St. Peter's Church), FtOR FRENCH CLEANING AND i DYEING. REPAIRS A SPECIALTY. COHEH feRGS,, Proprieters. CITY DYE WORKS. TAYLOR & CO., DYERS AND FRENCH CLEANERS to His Excellency the Governor. WORKS: Corner Courtenay-place ~w.d Kent-terraoe. 'Phono 2666. 11, Bowon : street— 'Phone 1174BEX T H DTE WOSKS. A. ROBERTSON, From Perth and Paisley, Scotland. GENERAL DYER AND CLEANER, 19a, Ghuznee-Btreet. Telephone 918. P.O. Box 2, Te Aro. I \TtrELLTNGTON DYE AND FRENCH Vt cleaning works, w. barber and co., 46, Cuba-street. The Largest and Oldest Dyeing Establishment in tho Dominion. Laco Curtains cleaned or dyed, 2s 6d per pair. Dyeing : and Cleaning of every description. Tel. 226. Tel. 1508. Est. 1878. T. BEADNALL AND SON. PICTURE FRAMERS AND FINE ART DEALERS, 62a, WILLIS-STREET. WE are now showing New Pictures. Any one desiring a Choice_ Picture at a reasonable cost Bhould not fail to call and inspect. NOTICE. THE CLEAN CHIMNEY SWEEP BEGS to inform Customera of change of addresii. Chimneys Swept and Carpets Beaten on the shortest notioe. JOHN BOYD (late O. Coles), 199, TINAKORI-ROAD. Telephone 1272. No Satisfaction No Pay. Estimates Freo. TO LEKaP IN SUMS OP £100 to £10,000 On COUNTRY, CITY, and SUBURBAN FREEHOLDS AS BXOTEPTIONALI/r LOW BATES or iktebebt. LIBERAL TERMS FOR REPAYMENT OF THE WHOLE OR PART OF THE LOAN. iXVVI TO AKT AGENCY OP XHB Government Insurance Department. }. H. RICHARDSON, Oottmßunt lonnuioe ConunlMlfsen

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https://paperspast.natlib.govt.nz/newspapers/EP19080229.2.139.5

Bibliographic details

Evening Post, Issue 51, 29 February 1908, Page 15

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1,059

Page 15 Advertisements Column 5 Evening Post, Issue 51, 29 February 1908, Page 15

Page 15 Advertisements Column 5 Evening Post, Issue 51, 29 February 1908, Page 15