Page 3 Advertisements Column 2

Otago Daily Times, Issue 8596, 11 September 1889, Page 3

I Wantedg- __ 1 \RINKING water is rendered JjnMfor l^mns-now ready. All thoroughly hardened.Book Arcade. . . ■ ■^TOETand OHAtftK ™"S Drjr Jmpnrial iVJ Champagne. 1884 vv» '* ___? Mornlngton. __— mOOTHAOHE.-Inßtant su id marvellous &&» "'"^ -Dr Kennedy A Douglas. Instantaneous Relit*C~~ATTO'S OLD HIGHLAND s^ la the Oldest and Best to be had. i""""^ Bottles. —■ T>UY Gaelic Whisky-SMUGGLER Brand. 1 >=^at^o¥^l¥~hlghland" whisky ; U is the Oldest and Best to bo had. Full-s^zed ~ Bottles. w ____— ' architect. — XfEURALGIA yields qnickly to MocV SS Neurodyne, when all other remedies fail, Is ' ea.-Price, chemlat, Walker street.. 28ju B REESE'S Prolific, Fluke, Ashleaf, White : Bisphant Seed Potatoes; Roses, Fruit Trees, Flowering Shrubs.-Mntthews, Moray place and Mornihgton. . ■ -r^ kN;T? B D TO LET. TENDERS Wartted for TIIHBB YEARS' Lease of PIGGERIES' at Stirling Dairy Factory. particulars gpply to aKOBBTAKY . i OET and OHASDON'S Dry Imperial Champagne 1881 vintage. Wn PATRIOTIC Scotchmen should ask for Gray and Dunn's Glasgow Shortbread;. handstime tins," fresh shipment; perfect condition. ID' PAYS WELL to Advertise on Hallway Mileage Map; unequalled publicity .-Offices: 10 Crawford; street, Dunedln. _^ MRS CLARE'S LAUNDRY, North-East ' Valley. Established 1876. All kinds of Laundry Work well and- cheaply done; 1} acre of dryjng and bleaching groutid». _. | LACK CURTAINS raaiie to look like new, being finished on frames an<J tinted to any colour required. Inspection invited. ■ WASHING called for and ptmetnally returned lfl all weathers. Conveyance attendß town twice dally,-Mrs Clark's Laundry, North-East , Valley. . E3Z < MOET and OHANDON'S Dry Imperial Ohampaenn '"«■» vlntaen. W_ j ■OUT Gaelic Whisky—SMUGGLER Brand, j Jj ?_Vv ' "VTEW' SEEDS. New Seeds.—All leading IM sorts. Best Cabbage, Cauliflower, and Lettuce Plants in City-rPHYOR. f MOST and OHANDON'S Dry Imperial ' Champagnd. mi vintage 3fln GORDON BROTHER^ Nurserymen, Anderßon't Bay. Dnn«din. - WE pay special attention to Fruit Trees, and | oor trees are healthy, clean, and true to name. • OUR stock of Coniferous Plants, Ornamental i Trees, and ShralM is large, very hardy, and well grown. — MOET and CHANDON'S Dry Imperial Champagne. 7884 vintage. SB_ PATRIOTIC Scotchmen should ask for r Gray and Dunn's Glasgow Shortbread; hand- ' tome tins ; fresh shipment; perfect condition. IT PAYS WELL In Advertise on Rnilwny Mileage Map; unequalled 10 Cmiv- _ ford street, Dunedlu. 10s KHUBARB Roots, Rhubarb Roots, Asparagus, Herb Roots, Cucumber Plants, | Shalots, Garlic, Early varieties Heed Potatoes.— Pryor. H—1 BOOKKEEPING, Penmanship, Arithmetic, English, General Knowledge, &o. Day and Evening Classes. Private Lessons.-Wood s c Academy, Octagon, , SHORTHAND, Shorthand, Shorthand taught in ' one quarter: also, tuition by correspondence.— Wood's Academy, Octagon. Established 1879. 6jy MOET and OHANDON'S Dry Imperial Champagne. 1884 vintage. Mn SPRING, Spring, Beautiful Spring.—New GOODS for the Spring Season. Gentlemen are notified that 3. TAYLOR, ■_» ATTHAY STREET, has commenced to open up JLV his New Stock for the Season. A full i SSORTMENT of Gentlemen's F'exiblc Hat' in A- all the latest shnpei and cd.i_r» is xm.v to hand. FOR Evening Wear.—Latest shapes ill Gentlemen's Collars, Shirts, Tiea, and Bows at Taylor's, Rattray street. NB. -Specialties ordered for the Exhibition • Seßßonwill be advertised on their arrival— At TAYLOR'S, Kattray Btreet. 2-lau

Prospectus. PROSPECTUS Of the ■pEANKTON BEACH DREDGING COMPANY, LIMITED. HORSESHOE BEND, KAWARAU RIVER. To be Registered under " The Companies Act 1882." CAPITAL £12.600, In 25,000 SHARES of 10s each, Of which 12 500 Shares, credited as paid up to 7s Cd each, have been reserved as part of the consideration |ot wmcl t 'l«£"" l ° en to ' the vendor for his Properties to be transferred to the Company, Che remaining 12,500 being offered for Public Subscription on the following terms, viz. :— One Shilling per Share on Application, One Shilling on Allotment, and the balanoe (as required) v om""J|> via Cal!B not exceeding One Shilling per Share at intervals of not less than a month. The dredging plant, with possible contingent expenses, will necessitate an outlay of from £3000 to £3500, but it is not anticipated that more than 5s per Share will be required to be called up to place tho Properties in first-olass working order. BOAHD OF DIRECTORS : FERDINAND C. BATCHELOK, Esq., M.D., F.R.C.S., Qeorge street, Duneain ROBERT M'LAREN, Esq., Kahanga, Queen street, Dunedin WILLIAM JENKINS, Esq., Merchant, Arrowtown SAMUEL JACOBS, Esq., Importer, Dunedin EDWIN A. PYRKE, Esq., Dunedin. BANKERS : THE COLONIAL BANK OF NEW ZEALAND, Dunedin, Sohcitok : , EDWARD A. JOEL, Esq., Bond street, Duneain. Consulting ENeiNKKR: L. O. BEAL, Esq., 0.8., M.E., Princes street, Dunedin. AUDITOR : WALTER HISLOP, Esq., Manager Perpetual Trustees, Estate, and Agency Company of N.Z. (Limited), Dunedin. Secretary and Offices s J. ALWENT CHAPMAN, Princes street, Dunedin, Brokers : J. A. CHAPMAN, Princes street, Dunedin LESLIE A. NOKMAN, Princes street, Dunediu.

This Company is projected for the purpose of a acquiring a Special Claim of 75 acres at the Horse- t shoe Bend, on the Kawarau river, adjoining the i ground held by the Kawarau Big Beach Dredging t Company (Limited), some little distance below the ' point where the famous Sliotover river joins the < The Board would draw attention to the fact that ] this is a True Beach Claim, with not a single gorge i in its whole length, and offering splendid natural 1 facilities for easy and profitable working. Inquiries i from reliable authorities in the district will fully , corroborate those statements, intending investors being invited to make the fullest inquiries respecting tie value of the Claim. The Board, in view of the report prepared after a vi-it of personal inspection by Mr L. 0. Beal, 0.X., M It. (the gentleman who advised the probable results of dredging the ground now held by the Shotover Big Beach Company), have every reason to believe that the Company's operations will bo highly remunerative. To quote Mr Beal's report, "the claim is an exceptionally good one, and as a dredging claim equal to the best on the Sliotover." From Mr Beal's report it will be seen that he carefully tested the washdirt in the claim, and fonnd it to carry gold in the proportion of 12gr of gold per ton. Although this yield would probably result in splendid returns to shareholders, it must, in justice, be noted that these prospects were principally taken from a depth of from lift to 2ft below the surface, whereas, as a matter of fact, experience shows that the heaviest and richest gold is really near the bottom. , .. , Mr Beal calculates the washdirt will, on an average yield 12gr ol gold per ton. He suggests the building of a dredge which will raise and treat at least 1000 cubic yards per day, or about SO tons an hour. The Board, however, purpose, bo soon as twothirds of the Bhares offered to the public have been subscribed, to enter into a contract for a dred K e capable of treating at least 75 tons of dirt an hour. Accepting Mr Beal's figures as approximately representing the daily capacity of the dredge, and basing calculations on that gentleman's figures, the following resultß are arrived at:— , Raising 1000 cubic yards of gravel per day of 21 hours (or 6000 yds per week), ol an average value of 12gr, give a gross return of 72,000gr of gold, 150oz per week's work, approximately worth ... -, , - ~ - &5H2 Against which must be placed a weeMy expenditure of ... ... - - 60 Leaving a weekly prolit of ■ say) ... ...£'so2 The advantages of the present proposal need not be further enlarged on. Hie Board therefore refer investors to Mr Beal's report, which they believe may be accepted as being of a cautious character. The Articles of Association provide that, in the declaration of profiU, dividends Bhall be payable per share, regardless of the amount paid up on either vendors' or contributing shares. A contract, dated the 27th day of August 1880, has been entered into between Edward Pyrlse, of the one part and J. Alwent Chapman (on behalf of the Company) of the other part, and may he inspected at the office of Mr Bdward Joel, solicitor, Bond street, Dunedin. Other contracts have been made, but as the