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Mawhera Quay, and are authorized to levy tolls in respect of the traffic thereon, . The result of Mr Dobson's Survey shews that a line 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 the incline would be about 1 in 440 from the mine to the point of shipment on Mawhera Quay, Greymouth. The alleged difficulty of ingress and egress to the River has not been overlooked. The Directors will, of course, apply themselves to the consideration of the question of v.age — at present a costly element. They *ouU, however, remark that with so large and valuable an Estate as the Coalfield at the threshold of Greymouth, which, if properly worked, must be a source of incalculable wealth to the district, it is scarcely possible to suppose that such an obstacle to its commerce will long be allowed to prevail. If the interests of the owners of tug boats shall be found antagonistic to the trading of the Company, it will be requisite that the Company shall provide tug vessels of their own. The Directors desire to allude to {inothe source of profit wh ioh is too important to bo lost sight of. The Country above the mines in the Valley of the Grey, aud upon the Arnold, is attracting a considerable number of Settlers, and the trafic returns for the mining and agricultural population there would alone pa)' a handsome dividend upon the cost of constructing a line of railway or tramway comfpunica* ion between them and the port. A careful estimate of the probable revenue to be derived from the trading of the Company has been made upon the assumption that 50,000 tons of Coal may be 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 ceut. upon Capital, a profit of 25 to 30 per cent, may be anticipated upon a selling price of 10s. per ton for the Coal placed on board ship at Greymouth. •-VT O T I C E . All parties travelling up or down the Ntw River will be charged Tolls for the use of our Tracks ; such Tolls will be collected at our Lower Store. Any parties attempting to evade the same, we shall at once take steps to enforce payment. CARD BROTHERS, New River. HAMILTON'S HORSE REPOSITORY AjND SALE YARDS, COBDEN. Horse Sales heir* Daily. Hamilton's Livery and Bait Stables, Bright street, Cobden. Horses on hire daily, at reduced fares, for the Buller, Charleston, Fox's, and Canoe Creek, as also for Twelve-mile, Ahaura, &c. COSMOPOLITAN LINE OF SADDLE HORSES, To Cassidy's Australasian Hotel, Revell street south, Hokitika. Fare each way, 255. MASONIC HOTEL Mawhera Quay. Although, the advertisement is altered, there is no change in the mode of conducting this Hotel. It has attained for itself a degree of public favor, which is gratefully acknowledged by the Proprietor. FRED. CLARKE. AKNIE T A L HOTEL, Richmond Quay, Greymouth. JAMES MORTON, Proprietor. O V A L HOTE L , - Richmond Quay. Good accommodation for travellers, JAMES HOWIE, Proprietor. rfflHE COVE OF CORK HOTEL has I been transferred from the corner of Array street and Richmond Quay to those spacious premises, on Mawhera Quay, lately occupied by Cassiiis and Comiskey. In the necessary alteration's special attention has been paid to every improvement that tends to the comfort of visitors. GEO. MARTIN, Proprietor. WHITE HORSE HOTEL. REDUCTION IN DRINKS. The public are respectfulls 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 the Grey. A few boarders can be taken ; and good accommodation at all times^for travellers. JAMES TAYLOR, Proprietor. TXT H A R F H 0 TEL, Mawhera Quay. JAMES MIDDLETON, (Late of the White Horse Hotel), Proprietor. P 1 V T' 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 the Restaurant business.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680905.2.2.5

Bibliographic details

Grey River Argus, Volume VI, Issue 413, 5 September 1868, Page 1

Word Count
735

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 413, 5 September 1868, Page 1

Page 1 Advertisements Column 5 Grey River Argus, Volume VI, Issue 413, 5 September 1868, Page 1

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