Page 1 Advertisements Column 2

New Zealand Herald, Volume X, Issue 2906, 22 May 1873, Page 1

Shipping. ' WOODYILLE.' This fine vessel, A 1 at Lloyd's, is open for Freight or Charter to Europe, should sufficient inducement offer.— Apply to Captain Hodok. 011 board the vessel, lying alongside the Queen-street liarf. p LOBE FOREIGN EXPRESS. G. W. WIIKATLEY & CO. Book and Forward Goods, Parcels, &c., by Overland Mail Routes, other Steam and Sailing \ easels, from the United Kingdom and Continent of Europe, to all parts of the world, at reasonable rates. London : 15i>. L«*adenhall*street. Liverpool: 10, North Jolin-strcet. Aucklan-i Agent: U. M. JERVIS, Fort-street. rospectusProspectus OF TUE i ALBION COAL COMPANY (LIMITED). Situated at Ngakawau River, on the est Coast of New Zealand. To be incorporated under the Joint Stock Companies j Act, lioO. I CAPITAL —.£OO,OOO, in ii,ooo Shares of iilO Each. J Deposit on application os. per Share, anil ss. oil ; allotment. Calls not to exceed iis. per month. Provisional Directors: ,T. Dransfield, Est). John Henderson, Esq., C.E. W. 15. Rhodes, Joseph Esq. Turnbull, hsq. Acton Adams, Esq. S. Thorpe. Esq., M.D. Managing Director: Albert Beetham, Esq. j This Companv is beiiiir formed for the purpose of working that portion of th.' coal seams of the .Mount Rochford District, on the West Coast of Nov Zealand, the natural outlet of which is at the Ngakawau River, with the object of .supplying to New Zealand, from her own soil, a coal at once superior in quality and lower in price than can be obtained from New South U ales. The rapid increase of pooulation. and the unprecedented development of the resources of this country, urgently require that the increasing demand for coal I should be mei:at once by an adequate home supply. This supply exists unequalled in quality, and to a practically unlimited extent, in the above district, the development 3f which should be regarded in the light of a great national undertaking. Numerous scientilic and practical reports from the j most competent authorities have been obtained ou the quality of this coal. They concur in describing it for either steam or coke purposes superior to any coal, local or foreign, that 1: as been hitherto in general use in this country—having no unpleasant smell, forming a compact coke, beiiu; unusually free from clinker, and giving out comparatively little smoke. Its steam producing power is considerably higher than Grey Kiver coal, which has up to the present been considered the Lest available coal in New Zea- i land; it is likewise superior to it for coke purposes. Tested against the average New South Wales coal delivered in this country, it possesses *25 per cent, more evaporative power, rendering it consequently of one-fourth more value, which, in addition to the saving of labour aud space, is for ocean steamers a great consideration. A drive bus be»>n put into this coal seam, where it outcrops on the Ngakawau River, to a distance of l'.'O feet. The seam measured 10 feet in thickness; it has now increased to J\> f . et 10 inches lying also at a considerably reduced an;:le, which is estimated to have largely increased the value of this property,—the entrance to the mine b-Mng about three-quarters of a mile up from the mouth of the river aud thirty feet above high-wateruiark. A lease of 400 aer.-s. comprising the only readily available outlet from this district, has been obtained, and the whole of this ground is believed to contain coal. A larger area, extending into Mount Frederic, has been applied for in order that the operations of the Company may hi conducted on a scale commensu- . rate with its" nationril importance. The coal in the district may be regarded as practically inexhaustible, a thickness'or seam from 10 to 30 feet covering the country to an extent, the limits of which have as yet been but imperfectly detined. Four schemes for the working of this coal have been under consideration:--!. 15v a tug-boat and barges coal from the Ngakawau to the Buller River. i\ By a coal tramway to the Buller. 3. l»v the employment of a tractionengine on the hard sandy shore. 1. By the construction of a pier head and other harbour works * at the Ngakawau. Either plan may be adopted and coal delivered on board ship at about l;ts. per ton; but it is proposed that the question decided by the Hoard of Directors, with the aid of engineering experience. At present the p.s. ' Result'is supplying U'estport with coal from this mine, and small craft are carrying away coal from the pit's mouth at 10s. per ton. Comparatively inexpensive harbour wuiks will render the river available for vessels drawing 10 feet of water; but it may be improved indefinitely. y A reserve for a cnnl depot has been acquired on the

Uuller River, at which it is proposed to keep 2,000 a tons always on hand for vessels unable to enter the a Ngakawau It is contemplated to v.:iiiv? all the s'ack by erecting coke-ovens on the ground; and an engine for drawing and lifting purpose* v.iil be required, but for mauy years, probably, not for pumping. j A mine possessing these advantages can at once secure a ready market both in this country and in Victoria:—the quantity of New spilth Wales coal alone consumed last year in this country 100,000 tons, and a demand for Ngakawau coal having already sprung up in .Melbourne. , The cost of this property to the Company is not to < exceed £4.000, part to be paid in cash, and part in shares, and this will cover all expenses of formation. j Prospectuses and Forms of Application may be obtained of the undermentioned Agents, who'will afford any further information required: —R. Garlick, i Auckland; L. W. Cholwill, I'avanaki; Taylor and "Watt, "Wanganni; J. Dranslield, "Wellington ;J. D, j Macpherson, Christchurch : W. and G. Turnbull, ( Dunedin; Morrison, Sclunders and Co., Nelson; F. ] Paublin, Melbourne. . • Co " • tc. JgAY OF ISLANDS COAL YARD, BREAKWATER ROAD. 100 TONS COAT, ON SALE, IJY HENRY GILFILLAN, Agent. 7, Qneen-street. Albion coal company, NGAKAWAU RIVER. Application Share List will be closed for Auckland on SATURDAY, 21th May, at 12 o'clock. RICHARD GARLICK, Agent. Fancy Goods. rjlO THE LADIES OF AUCKLAND. NOW ON VIEW AND FOR SALE AT MONTAGUE'S FANCY BAZAAR, A SPLENDID ASSORTMENT OF Point Lace, Braid, Cottons and Patterns, Berlin "Wool Work, Cushions, Slippers and Banner Screens, Ladies' and Children's Marsella Dresses for Braiding r Smoking Caps, Tassels, Fulozelle, die., &c., &c. I t r THE LARGEST TABIETY IN THE AUSTRALIA* COLONIES. BERLIN* "WOOL .. Gn. DC ZEN. ! ' : • Calls. MEKICAIV EAGLE GOLD MINING COMPANY (REGISTERED). A Call of NinepeHce per Share has this (lay been made by the Directors, payable on the 11th of June, 1873, at the Company's Ollice. r K. T. WILDMAN, Manager. I Grahamstown, May 19, IS/3.