Page 3 Advertisements Column 2

Otago Daily Times, Issue 8597, 12 September 1889, Page 3

MOET and OHANDON'S Dry Imperial Champagne. 1881 vintage. Mn SPRING, Spring, Beautiful Spring.—New GOODS for the Spring Season. Gentlemen are notified that J. TAYLOR, RATTRAY STREET, has oommenoed to open up his New Stook for the Season. A full A SSORTMBNT of Gentlemen's Flexible Hats in J\. all the latest shapes and colours Is now to hand. , i FOR Evening Wear.—Latest Bhapes in Gentlemen's Collars, Shirts, Ties, and Bows at Taylor's, Rattray street. AT 8.-Specialties ordered for the Exhibition 11 • Season will be advertised on their arrival— At TAYLOR'S, ltattrny street. _?i au SEED POTATOES, leading varieties, Wholesale and Retail, at Nimmo and Blair's. BEAUTY of HEBRON, American Early Rose, Ayrshire Hero-new to thiß district, a splendid oropper; BATH, Fluke, and Lapstone Kidneys, Sohoolmaster, Magnum Bonum, Myatt's Barly Ashleaf, Breeze's Prolific, Alpha. KEHNE'S Fruit Tree Scale and Inseot Pest Exterminator, a new patent insecticide. Sole Agents for the District—NlMMO and BLAIR. Bau MOET and OHANDON'S Dry Imperial Champagne. 1884 vintage. 89n S"pEOTa6IEsT~SPEOTAOLES 1 SPECTACLES I Wanted, the Weak-sighted to know that they can have Spectaoles properly adapted to suit their rights at tEBOIVAL'S, Optician and Spectacle-maker to the Dunedin Hospital, Nos.sand 7 George street. Pure Brazilian Pebbles, highly recommended for defective vision. Also on Sale— Sykes'Hydrometers, Glass do, Saooharometers.Thermometerß, Aneroid Barometers, Sextants, Quadrants, Ships' Compasses, Salinometers, Laotometers, Mathematical Instruments, Field Glasses, Telescopes, &o. Human Artificial Eyes In Stook. IT B.—All Mnd« of Optical and Mathematical Instruments bought (Established 1862.) OET and OHANDON'S Dry Imperial Qbprcragnß. 1884 vintage. Sfln T3READALBANE WHISKY £1 to «10,000 GIVEN AWAY. Every Buyer of a Bottle of this Famous WHISKY has n Chance of obtaining a PRIZE. (Copy of Receipt from Mrs Oallaghan.) " Received from Messrs R, Bowie and Co. the sum of Five Founds sterling, for token on Bottle of Breadalbane Whisky. " 6th September 1889. " (Slgd.) Mrs OALLAGHAN." W. SCOULAR & CO., AOBNTa. 7s rj ASH AD VANOES At from 7 pet Cent. MONEY LENT OU BILLS OF SALB MONHY LHHT on PBBSOHAL SKCUBITX MONEY LENT on DBHHS MONBI LBHT on MFB POLICIES MONEY LENT on JEWELLERY, DIAMONDS, PfcATH, and all other PEBSONAL PROPERTY. All Transaotioni Strictly Confldontlal. Money Lent on Ail Other Description! of Security at Low Interest. Ho Delay BILLS DISOOnOTHD. A. SOLOMON, 37 Buobgji Stbikt. Dtokdim. ll»a MOET and OHANDON'S Dry Imperial nhsmungno. ISM vlntaga. »n Tenders. TENDERS are invited till Noon of FRIDAY, the 20th inst., for the ERECTION of a RESIDENCE (of wood, two storeys) in Belleknowea. JAMES HISLOP, Us Architect, Dowllng street. rTVENDERS invited for the ERECTION of CHEESE FACTORY BUILDING at Palmerston, for Mr J. Duncan, Jun. Plans at the office of Mr John Everest, Palmerston, and with Undersigned, who will receive Ten- . ders up till 16th INST. R. A. LAWSON, 1 10s Architect. T^ELLINGTON HAEBOUR BOARD. CONTRACT NO. 53. \ HYDRAULIC WOOL PRESS. TENDERS will be received at this Office, up to 2.30 p.m. on THURSOAY, September 19th, 1889, for the above contract. They are to be marked outside, "Tender for Oontraot No. 53," and are to be addressed to the Chairman of the Wellington Harbour Board. The lowest or any tender not necessarily accepted. Plans, specifications, and conditions may be seen at the Offices of the Board, Custom House Quay, Wellington; or at the offices of the Harbour Boards at Dunedin and Lyttelton. WILLIAM FERGUSON, Engineer to the Board.

Harbour Board Offices, Wellington, September 7th. 1889.

Prospectus. PROSPECTUS Of the TTBANKTON BEACH DKEDGING COMPANY, LIMITED. HORSESHOE BEND, KAWARAU RIVER. To be Registered under " The Companies Act 1882." CAPITAL ... ... ... ... ... - £12,600, tn 25,000 SHARKS of 10s each, Of which 12 500 Shares, credited as paid up to 7s 6d each, have been reserved as part of the consideration to be given to the Vendor for his Properties to be transferred to the Company, che remaining 12,500 being offered for Public Subscription on the following termß, viz. :— One Shilline ncr Share on Application, One Shilling on Allotment, and the balance (as required) in Calls not exceeding One. Shilling per Share at intervals of not less than a month. The dredßinn 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 the Properties in first-class working order. Board of Directors: FERDINAND C. BATCHELOR, Esq., M.D., F.R.0.5., George street, Dunedin 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. Solicitor : EDWARD A. JOEL, Esq., Bond Btreet, Dunedin. Consultins Engineer : L. O. BEAL, Esq., 0.E., M.8., Princes street, Dunedin. Auditor : WALTER HISLOP, Esq., Manager Perpetual Trußteeß, Estate, and Agency Company of N?Z. (Limited), Dunedin. Secretary and Offices : J. ALWENT CHAPMAN, Princea street, Dunedin, BBOKEKS: J. A. CHAPMAN, Princes street. Dunedin LESLIE A. NORMAN, Princes street, Dunedin.

This Company is projected for the purpose of a acquiring a Special Claim of 75 acreß at the Horse- p shoe Bend, on the Kawarau river, adjoining the p ground held by the Kawarau Big Beach DredgiDg t Company (Limited), some little distance below the " point where the famous Shotover river joins the c The Board would draw attention to the fact that p this is a True Beach Claim, with not a Bingle gorge s in its whole length, and offering Bplendid natural t facilities for easy and profitable working. Inquiries r from reliab'- authorities in the district -will fully i corroborate these statements, intending investors r being invited to make the fullest inquiries respecting 16 value of the Claim. The Board, in view of the report prepared after a vi.it of personal inspection by Mr L. O. Beal, C.8., M B (the gentleman who advised the probable results of dredging the ground now held by the Shotover Biz Beach Company), have every reason to believe that the Company's operations will be highly re¥o"auote Mr Deal's report, "the claim is an exceptionally good one, and as a dredging claim equal to the'best on the Shotover.' From Mr Beal's report it will be seen that he carefully tested the washdirt in the claim, and found it to carry cold in the proportion of 12gr of gold per ion Although this yield would probably result in splendid return's to shareholders, it must, in justice, be noted that these prospects were principally taken from a depth of from l§fb to 2ft below the surface, whereas as a matter of fact, experience shows that the heaviest and richest gold is really near the Vr^eal calculates the waahdirt will, on an average yield 12gr of gold per ton. He suggests the building of a dredge which will raise and treat at least 1000 cubic yards per day, or about BO tons an hour The Board, howaver, puriiose, so soon as twohirds of the shares offered to the public have been subscribed, to enter into a cuntract for a dredge c'aDable of treating at least 75 tons of dirt an hour. AcceDtiiiK Mr Beal's figures as approximately representing the daily capacity of the dredge, and basing calculations on that gentleman's figures, the following results are arrived at :— Raising 1000 cubic yards of gravel per day of 24 hours .'or 6000 yds per week), of an average value of 12gr, give a groBS return of 72,000gr of gold, 150oz per week's work, approximately Aratfnst whieh'must be plnced a weekly expenditure of ... ». - ••• _^ Leaving a weekly profit of i say) £602 The advantages of the present proposal need not ho further enlarged on. The Board therefore refer hive tors to Keal's report, which they believe m-iv be accepted as being of a cautious character. The Articles of Association provide that, in the dec aration of profits, dividends sha 11 be payable per shareregardless of the amount paid up on either VriniSdlte bd Uffimh day of August 1889, has edin! Other contracts have been made, but as the