Mawhera Quay, and aro authorized to levy tolls in respect of the traffic thereon, The result of Mr Dobson's Survey shews that a lino of Railway or Tramway can be easily constructed ; that practically there are no impediments whatever in the way. The length of the Line which the Company propose immediately to commence would be about seven miles along a portion of.the country in which tlie incline would be aV-^ut 1 in 440 from the mine to the point of shipment on Mawhera Quay, Greymouth. The alleged difficulty of ingress aud egress to the River has not been overlooked. The Directors will, of course, apply themselves to the consideration of the question of towage — at present a costly clement. They would, however, remark that with so large and valuable au Estate as tho Coalfield at the threshold of Greymputh, which, if properly woflßfeflftmnst bo a source of incalculable wealtiK^Jihe district, it is scarcely possible to suppose tliao such an obstacle to its commerce will long be allowed to prevail. If the interests of the owners of tug boats shall bo found antagonistic to the trading of the Company, it will bo requisite that tho Company shall provide tug vessels of their own. The Directors desire to allude to anothe source of profit wh ich ia too important to be lost sight of. Tlie Country above the mines in the Valley of tho Grey, aud upon the Arnold, is attracting a considerable number of Settlers, and the tratic returns for the mining and agricultural population there would alone pay a handsome dividend upon the cost of constructing a lino of railway or tramway communication between them and the port. A careful estimate of the probable revenue to be derived from the trading of tho Company has been made upon the assumption that 50,000 to ns of Coal may bo gained per annum, and brought down to the vessels lying at Greymouth, After paying liberally for getting the coal, making a fair allowance for office and working expenses, and a moderate charge for freight upon the line; together with 10 per cent, upon Capital, a profit of 25 to 30 per cent, may be anticipated upon a selling price of 10s. per ton for tho Coal placed on board ship at Greymouth. CROWN GRANTS. Notice. — The Undersigned, having made arrangements with an Agent in Christchurch, aro prepared to obtain? on the most reasonable terms, Crown Grants (for Hokitika and Greymouth sections) from the Laud Office, Christchurch. For particulars, apply to E. W. JONES and CO., Estate Agents, Hokitika. A ill EIfT A L HOTEL, Richmond Quay, Greymouth. JAMES MORTON, Proprietor. QIYDNEY HOTEL Boundarj' street I. ABRAHAMS, (Lato of the Queen's Hotel), Proprietor. SINGE E'S HOTEL (Lato Dunstan Hotel), Gresson' sti^jt, OPPOSITE THE COURT HOUSE. Lunchoon aud a Glas3 of Ale, |Sixpence. THE BANK HOTELj E. COUTANCHE, Proprietor, Late of the Edinburgh Castle. Can confidently recommend its Table d' Hote, the appointments of its comfortable Bedrooms, and the Excellence of the Liquors. THE COVE OF CORK HOTEL has been transferred from the corner of An c/ street and Richmond Quay to those spacious premises, on Mawhera Quay, lately occupied by Cassius and Comiskey. In the necessary alterations special attention ha 3 been paid to every improvement that tends to the comfort of visitors. GEO. MARTIN, Proprietor. WHITE HORSE HOTEL. REDUCTION IN DRINKS. The public are respectfully informed that all drinks are reduced to Sixpence, and nothing but the choicest qualities will be supplied. Nelson Ale, Is per quart. The tables are kept by the proprietor, which for comfort are second to none on tho Grey. A few boarders can be taken ; and good accommodation at all times for travellers, JAMES TAYLOR, Proprietor. yiOTOBIA HOTEL AND DANCING SALOON. At this favorite place of amusement, the intervals of dancing are agreeably enlivened by the performances of those Celebrated Artists, PEEL, BURGESS and COGLTN, Who will Nightly display their various accomplishments. JULES GUERIN, Proprietor. WHARF HOTEL, Mawhera Quay. JAMES MIDDLETON, (Late of the White Horse Hotel), Proprietor. ]? A^ IJ L~' S CANADIAN HOTEL. WINES, SPIRITS, &c, Of the Best Brands only kept. Newly Furnished Bedrooms, and good sleeping accommodation for travellers. A first-class chef de cuisine is engaged to manage tho Restaurant business.
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Bibliographic details
Grey River Argus, Volume VI, Issue 394, 23 July 1868, Page 1
Word Count
708Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 394, 23 July 1868, Page 1
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