THE Grey River Argus. PUBLISHED DAILY. MONDAY, MARCH 1, 1886.
It is pretty well understood, as it has been common talk for some little time past, that half the Taylorvil'e property, which includes a considerable interest in the Coal Pit Heath Company, has been disposed of by private sale, the amount being stated to be £8500. Captain Williams (formerly of tne Black Diamond Line) and Mr Allan Holmes of Dunedin are the reputed purchasers. Since the negotiation was completed, instructions have been given to survey a suitable site for a bridge across the Grey river from Taylorville to Dobson, either at Rocky Island or in its immediate vicinity. All who know anything of the value of the property will consider that Captain Williams and his partner have made a very good bargain indeed ; and however much old residents may sympathise with the Taylor family in parting with the half of so valuable a property, and which has been intact- in the family so long, they must funl that ihe transaction cnii"t bui roault very benefically i; tT..i development of the mine and the prr>™otim of the interests of the place. Some two or three years ago, in the ordinary course of journalistic work, we had occasion to describe the Coal Pit Heath property and speculate as to the f utiae before it, and we thea held, as we
hold now, that it can be made one of the very best coal mine properties we know of in this colony. It will be surprising if the new blood just imported into the company is not the means of starting it on a new and vigorous career, and one far more profitable than has hitherto been the case. The present shareholders have had a great many difficulties to contend against ever since the mine was opened ; and it is to be hoped that a better time in • the company's affairs will shortly dawn upon them. The rainfall yesterday was very welcome to a great many, but to miners especially, who have been suffering all over the district through want of water. The bar also has been in great need of a good scouring. The volume of water in the river has diminished very much of late owing to the long drought, so that the slightest wind from the north-west or south-east exercises an injurious effect on the bar. As the rainfall up country yesterday is reported to have been much steadier and heavier than along the coast, the river should feel the good effects of it to-day. The fortnightly meeting of the Fire Brigade will be held at their hall this evening. Nancarrow and Co. vvill sell at their rooms to-day, produce, office furniture, &c. ; Unclaimed letters bearing the following addresses lie at the Greymouth Post Office : — Patrick Haney, Mrs Paterson, Alexander Forrest, Henry Miller, Ellen O'Flaherty. The time for receiving tenders for 200,000 ft of black birch for Hungerford and M'Kay close to-day. A well-defined 3ft reef has been struck in the United Italy mine, LyelJ. Gold is visible in the stone. Whooping cough in a mild form (says the Times) is very prevalent in Hokitika just now, few families escaping. It is reported that several cases of diphtheria have occurred at Woodstock, and that many children have absented themselves on this account. The Incmgahua Times understands that Bishop Redwood will visit the West Coast about the middle of March. The Big River Company have purchased the Golden Point crushing plant for the sum of L 450. The Government printing in England, which is worth L 130,000 a year, will hereafter be open to competition. Of the three firms heretofore enjoying the monopoly, Han«ard- has had it over a century, and the other two nearly as long. Drunken Stuff. — How many children and women are slowly and surely dying, or rather being killed, by excessive doctoring, or the daily use of some drug or drunken stuff called medicine, that no one knows what it is made of, who can easily be cured and saved by Hop Bitters, which is so pure, simple, and harmless that the most frail woman, weakest invalid, or smallest child can trust in it ! See — Advt. Facts. — Close confinement and careful attention to all factory work gives the operatives pallid faces, pnor appetite*, languid, miserable feelings, poor blood, inactive liver, kidneys, &c. and all the physicians and medicine in the world cannot help th^m unless they get out of doors or use Hop Bitters. None need suffer if they will use it freely. See — Advt.
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Bibliographic details
Grey River Argus, Volume XXXII, Issue 5433, 1 March 1886, Page 2
Word Count
758THE Grey River Argus. PUBLISHED DAILY. MONDAY, MARCH 1, 1886. Grey River Argus, Volume XXXII, Issue 5433, 1 March 1886, Page 2
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