Page 6 Advertisements Column 1

Otago Daily Times, Issue 11441, 5 June 1899, Page 6

■ -• ■ . late Advertisements PROSPECTUS '■".'.*■ Of the *||ETALI![O .GOLD* DREDGING COMPANY (LIMITED), * KAWARAU RIVER, between Nevis Bluff and Kawarau Bridge. To be Registered under " The Companies Act, 1882." CAPITAL .. .. .. .. .. J37500, •'".'':'.'' ' . In 7500 Shares of £1 Each, ; . '; Of which 1500 fully-paid-iip Shares will be allotted to the 'Vendors for.* the. whole of their interest in the claim, and 6000 Shares are now offered to the public on the * following terms:—ls per Share oh application, Is per Share on allotment, and the balance in'calls not exceeding 2s per Share at intervals of not less than one month. •■-'■* The Vendors have agreed not to sell any of their Promoters' Shares until the Dredge is at work upon the claim. . ■ ' ■ Directors:. '..:■' On registration, the subscribers to the Memorandum of Association shall be* the first Directors, for the purpose of allotting Shares and calling the first* Statutory. Meeting of the 7 Company. Bankers: ■ .'*,. THE BANK OF NEW ZEALAND.. .. .Solicitor-. * '* *. ALLAN HOLMES, Esq. ■''""••'■; •'".'... Broker: . .;■ 7 BDWARD TRYTHALL, 1 Bond street,- Dunedin. Interim Secretary:'' '■ v '. .'.■ R. T.'WHEELER, Jun. "■•■' , ' ; This Company is formed to acquire and woik mining areas, and in particular a Dredging Claim, on thipKawaraii River, about one mile in extent, being part of Section 31, Block 5, Kawarau Distifct. > -,; ;.. • This exceedingly valuable'property embraces a fine wide stretch.of the above-mentioned remarkable gold-bearing river, and is easily dredgeable. '-The'banks on either side of this, .claim have yielded handsome returns of gold, and it is expected that a powerful and up-to- ; date dredge working here will obtain and exceed any returns of gold hitherto got in the .district*..', /; ''■*'■, ' •-.'." '- - 7' "'.'-..." '..', 7 The magnificent. refnrns" of gold got by the Magnetic and other dredges.on the Kawarau 'justifies the statement made to one of the* vendors, at the time this claim-was taken up, by an old-time miner who worked the banks, that "THE KAWARAU CONTAINS 20 TiMES .AS.MUCH GOLD AS THE-MOLYNEUX," and as a dredging claim he considers this the best on tiie: river. Other' miners also testify to tho very large amount of gold which has "been, obtained in past years down to the river's edge along this claim (see their reports •attached), and they are convinced that splendid results will be got by dredging this ground. •An extract from the Otago .Witness,-.by their Wakatipu correspondent, speaking in high .terms of this portion of the Kawarau River, is printed at foot hereof. *, ■_■■■'■'■' ; ■'■; The claim will be wofked by;a-powerful and up-to-date dredge', capable of dredging to a depth of 50 feet, and, lifting from 100 to 120 tons per hour, the estimated* cost of which will 'be about £5000. ; . *.-', *,-- ---..';.-■' Dividends will be paid at per share, irrespective of amount paid *up.: '-.-.. '•■■-.'■- '7 "Coal of first-class quality for steaming purposes can be procured in the immediate vicinity of the claim at a low price, samples of which may be seen at the .Broker's,office. • '.: The vendors'; agreement.is dated the 3rd day of June, 1899, and is made: between John /Hopkins and_W.3". Williamson, of the one part, and Richard ' Thomas Wheeler*, jun.,-'on' . behalf of the Company,; of the other part. This agreement and the Memorandum and Ar- _ tides of /.Association of the /Company may. be. seen at the Broker's office. . , ' ■ :';'. * 7 The cost of. flotation ..and incorporation will be borne by. the* Company. ... ■,"•.■-' Investors" should: have no compunction in taking shares in this promising Dredging' '■: Company, ■-■ as the ground-is'highly, auriferous, and will, -with .its "extensive.. area,': give constant'work to a dredge for a large; number of years, and,pay steady dividends. . '7. .' '.; ■'..' "Forms ■of application" -'.and:-, all. other--.information can be procured from-the Broker, , ~'. ■ 7 ■ .:'i:-:7 .7 .'■\."'ZZ''.ZZ77Z'" rZ' X ■ EDWARD -TRYTHALL, ..V:^; ;- 777 x- , ,'7 "'""':' -\: ', '*'■""• '** V ■'■'■; T-'No. 1 Bond* street,1 Dunedin. , , , ■;'*'" .:"7 .',..''. - -,'■■.- REPORTS/ '.-'.*■. :;.'/#.:*''7J*'*."''r--^7'-"7. '.■' .. -* :;7 "- *::'**.•: .":77,7 * .**-':..:; 77 7 77 :-, -•*.:*' Gibbsto'n', May 31Y 1899. 7 7 Mr John'Hopkins, Dunedili. 7*7 7 7 ; . ;•*.'.-.:," "7 7 ■'-' - .Y--'""■'-,-i*.'.\-:• Dear;:Sir,— My practical-knowledge of the banks of the river in the. vicinity of Gibbstoni' and mote especially of that- portion in and around your claim, lead's me, to tho conclusion, that good gold will be obtained in' the river along here. Working oh the"banks opposite your : claim, T;fpund that the nearer Fapproached- tho river the better the/-gold got, -and-'it'' has ,bea*_. traced for some.^distance- from side to side. *-.. • 7 -./..r-v 7-..'*_>.* * ~**.: ;■; ; I ma,y' mention that I have* been .'in* this district for-, thirty' years.7 ; "■; ■*''.. '*'.' '* -*'■**■ '"•" ",■•'* 7* ''■*'*.. *;'■." **:*-,. .■:.'-'■ ■"■■ Yours truly,-* '■ .-. 7 -.-;'-■■'''-.-:...:*.--•' *-*7*: . '•''.' "7./, ~-y77}.'■■'.:} 'V' v 7';* r y a ■■■'■:'■'. ' :.pietr6;tomanovtch. " -„,.■ ■■ V .'■■:''- :X'X. ':■;*'*.'■•*,,.::•'*'* *;i: " ■ ' '* 7 -7, Gibbstbh,'May":."3i;- 1899.7 ■" jurjohn; Hopkins,* Dunedin. 7 .;.' *-'■'..■ -'• : .':*'** . •'.'■*■'■"' 7; Dear Sir,—Your.claim above and adjoining1 the Galvanic Company "is 'well known to 'me,, as ,1 have;* worked .'along the banks of the river for.miles in this locality,. during my ;' .residence' here * since 1864.1 As .in. the. case; of; the Galvanic Claim,:-good gold-has been "got on .-the.-banks allHhe length .of the. claiih,*.the best returns being obtainable, hear the'river and ; on' the"' points.-: jutting-: into: thtrriver.;; The -gold; has been traced down into 'the:, river, but; of course, could not be followed further. TFrom my* experience, I am sure* that good gold .can be got by a suitable dredge, working the. claim. ..'XX': ■-. '"■i '■: -..''-'"-.* -X ■'■■■. 7 ■',*: '■■'•.v-'--,-'-."- Jours, faithfully, V ' T'-XT-Z 'T-:7>X'-::_ \XX '7 7'7.':-■;■**7 7, 7 . x'! ':- .-./**- "■ -vK-au^H.HAiEiVEY..; ..'■ .7 ■-• -• ** '"•': ;* -7- ' Gibbston, .-May 31,' 1899. A: Mr Johh^Hopkins, Dunedin'.; 7,: '.'....' • ■■■'' : '■"■ :"'": '• ": ' :""*, '■'.. I have been mming-in, this locality 'for over 30 years, and during that'tirae*have worked /' all 'along* the Kawarau River.* I found that the best results were. obtainedclo'sV to the river, and on the pomts on : which the gold runs from side; to side into, the "river 'itself. .This,, in fact, is the case along the three or'four miles of:.the. banks .that have .been worked in'the. . .vicinity,' leading to ..the conclusion that gold runs through all.the' claims 'opposite Gibb.'rston. .'v.,':' ■-. '-";--■ '..:'' "'■-:■.' ■:.■■':■ :■ i' ■'::-.■■:-.■■■. *.- ;7 *7V;:A':**;7;'V'*;*. X::7:'' ': 'X/.:;;X7y-[ ~'Xy 7 -'~ JAMES;LESLIE,7Miner. : * : The following is an extract from ah article, " Gold Dredging on .the, kawarau. River,'' 'written by the. Wakatipu correspondent of the Otago Witness, which appeared-in'* its issue of the 25th,May, ,1899, and*which relates to the part of the river on :.whieh' the METALLIC 7£3 aim is; situated:-- -, .':.:. [X'■,'-. ■• '■ *.:**;. ,'•''''■,''■. XXX* ■';' X~X ' X] y -,", - ; Since the success of .the Magnetic, which was:"'foretold by : the -writer -itr- No- *'* ■'. X . vember last in this column, it is easy to speak with confidence/of other-.portions 7 .of.the Kawarau, where ; the same conditions obtain. Itis 'certainly strange that '.*• ', the valley of the,: Lower Kawarau should begin and end under .exactly"sitrplar clr-' - ''.-':... ...cumstances. At Hhe Kawarau; Bridge, .near the upper end of *;the gorge, '"'exceed-'-*'" .- ..:*,;. singly rJbh terraces existed in every'respect the'same as at the lower end near*the':: Magnetic, claim., The gold was of the same heavy character, -'-.iho yjlep'th of.the ' •terraces corresponded,, and the present river channel cuts across them in an ex-' ...actly analogous manned Tti'is,:.- therefore, easy to see.that the result "must have : .* 'V-. v -.-been. the, same. In both caies the. gold, was washed into the river, which guarded .V.";. 'it against all attempts'to get at ,iti'until the dredges came'along. ■ L.f ;* 7 ».-'■" -.;.;.-: '- '.From one crevice'asmuch as.2Blb, or a quarter of a hundredweight, of gold .-: :'.-.':;"';': was - obtained. ; Several .of; .these Tich-.. .patches have been tracecl down* th? steep -'. I XyX;. -..-is.i'des of -the banks to the'very :edge :'of ;the river—and: helow;it^by venturesome ,7 .'■■ ■',;'' 7', Kiiners.who were'lowered down the precipices by ropes. Tn one. instance'siich a >! . ... -.'.- prpeeeding was rewarded with 30oz from one tin dishful of dirt. .'All;along the '■'.'..■ banks of the Kawarau, from the Nevis; Bluff upstream to the-Kawaiau Bridge, tiie . ' .-*. 7 liver has-been wing-dammed wherever practicable, or was otherwise attacked, and in almost every instance rich- gold was found: and followed into the*:deep ground *:'■.. .*■"; . 7as f*9^aspossiblei.without the. gold:giving out. ■ s 7;*. : ' ,v ; ; .*;;*-;:7* , :.-■■;''-■ .'-''; These; examples'ought to* be enough to. show there is gold iv- the 7 ';-,- worth while looking after, and, though the amoimt can only ;be guessed at, it 7- * would be ho exaggeration to say that there are TONS OF IT lying.;in.compara-. ■'■', tively short stretches of its course —say, within the length ;6fT:a*one-miie'.:clainr."' .' ': 7 THE PICK OF THE RIVER, IN THIS AND MOST OTHERS RE- ' • .X' StECTS, IS, BEYOND DOUBT, THE PORTIONS 'LYING BETWEEN-' **.. 7-THE NEVIS BLUFF AND ITHE, KAWARAU. BRIDGE.' ' , 7,:* .v 4.

CARTER' S GREAT SA'LE^ for Ladies,' Cash- , mere .'Gloves j.'basketsful-turned ■'.'■.;'.' out at 4£'d,-6d,.9d, and Is, honest- ..: ■'-.-*'--■■ Iy worth double. ' * ;■' >■■* ;•* '■"■ • ■■-■'. BICYCLES.-tC'LEARING,* SALE,' to make . room for New; Stock;' Good Machines I from";£s upwards.' ■• Call and. inspect. "•'■'';-"'■ |: -:'•-' r. s. tonkinson;"•' -'- •; - ' I Viking Cycle Depot, Priheesystreet South.:, SHOTOVER QUA'RT^TiINING "T- COM- -- PANY (NO LIABILITY). * - NOTICE '• IS HEREBY*- GIVEN' .that a j CALL of Id per Shai-e has: been* made on all I Shares'in the above Company, Payable at the I Registered Office, of .the, Company,*. Liverpool ! street; Dunedin, on WEDNESDAY, iifch'June i 1899. ,-..-V;.-.--.-:'. [. Xy ,7 s.; c. brent,; y_:x: . .'■ :■ !*'-.-; .-:,* Legal Manager. I June-2, 1899. ■-7' *' - 7-:' "■*;■ sju M;OT I C Ey'O.T^EXM^TrL . ■'.* ' : A. BEAVER* & C 0.,: .-': 7 '".'. .-^WHOLESALE JEWELLERS,''^ ".',' Beg: to intimate to -the -Trade-that, they "have REMOVED from DOWLING STREET To Offices'in the, 7 -:'7 "-','.•■ AUSTRALIAN MUTUAL1* PROVIDENT IN- - - SURAN&E -BUILDINGS,* ! ' i: 7 PRINCES,.STREET, . ' .'• ;','■' Where" their Business .'will»'be v carried" on as 7- 'usual. ;■■'•■'■'.' sju GARTER'S GREAT SALE foi- Infant's" Wool :". X g . Hatsyand • Hoods ;7 overstocked; clearing, desperately cheap; sale price, Is, Is 6d, Is lid, usually ' . double. ~'•■

mELE GALVANIC GOLD DREDGx ING COMPANY (LIMITED). .:;;...'*:**\.:7*;-' ' -t—. '.'"• -Hy-. ■''■■■XX '-; 7. CAPITAL ~..;' x - ,*. .•• 'x 7 ■;..'. '£7500, ; .y-.X-XX-XXXyin-iSOO. Shares' of £1 Each." X: ■ ■'■ Brokers:' .■..;'•'' Messrs QUICK ;"&"' SMITH, A.M.P. Buildings, * -,' 'Princes street. 7 Messrs HAMILTON & M'KERROW, Bond .;.. street.. . * -.'*- : **- ■This claim is NOT cm the Upper .Kawarau River—i.e., above the '■' Arrow ■ Junction,—but-I embraces one mile of the Kawarau River at ! Gibbstori, about niidw*ay between*the-NEVIS■' ■BLUFF and the KAWARAU BRIDGE.. The following: are a few extracts, from the Waka..tipu correspondent's article, which appeared in the Witness of the 25th May, in reference to I this ■ portion of the Kawarau River. *' 7.; THE LOWER' kAWARAU;. ' " This stretch of river extends from the junction of';the Arrow .River to the Kawarau Gorge, near Cromwell.' Throughout the whole of this distance the Kawarau runs through a ibcky gorge, graven through a rock-bound valley, where it has acted as a sluice-box for countless ages,; carrying off the debris of the disintegrating country, sorting from it and retaining whatever gold it may have originally contained. The gold here is-of a coarse, nuggety. nature, half-ounce and ounce pieces being of common occurrence. Even down to recent times, Mr Andrew Reid, working near Kawarau Bridge, has picked up nuggets weighing as heavy as 3oz and soz each.- Hardly any fine gold exists." "'■'■.-"■'. - " Since the success of the Magnetic, which' was foretold by tho writer in November last in this .column, it, is easy to speak'with confidence of other portions of the Kawarau, [where-.the same conditions obtain. It is certainly -strange that the valley of the Lower Kawarau should begin and end under exactly similar circumstances. At, the Kawarau Bridge, near the upper end bf. the gorge, exceedingly rich terraces existed in every:respect' the same as at the lower end near the-Magnetic claim. The gold was of the same heavy character, the depth of the tferraces corresponded, and the present river channel cuts across them in an exactly analogous manner. It is therefore easy to sec that the result must have been the saline. In both cases the gold was washed into the river, which guarded it against all attempts to get at it, until the dredges came along:" ' -, '"From one crevice as much as 281b, or a quarter of a hundredweight, of gold, was ob- I tamed. Several of these rich patches have j been traced down the steep sides'of the banks to the very edge of the river—and below it—by venturesome miners, who were lowered down the precipices by ropes. In one instance such a proceeding was rewarded with 30oz from one tindishful of dirt. All along the banks of the Kawarau, from the NEVIS BLUFF UPSTREAM TO THE KAWARAU BRIDGE, the river has been wing-dammed wherever practicable, or was otherwise attacked,' and in almost every instance rich gold was found and followed into the deep ground as far a3 possible, without the gold giving out." " These examples ought to be enough to show there is gold in the Kawarau worth while looking after, and, though the amount can only be guessed at, it would be no exaggeration to say that there are tons of it'lying in comparatively short stretches of its course—say, within the length of a one-mile claim."

Tft^ADAM,. I have Removed ; my' place of ,l?iL Business- to George street, : opposite Douglas Hotel, one door;. * u-V. '.*.:. FROM OCTAGON, where fshdll ■receive a continuance of,:your esteemed favours. *.. . - . JUST opened out, New. Stock of Ladies' Real Bear Necklets, 6s 6d upwards;* Blouses, Dressing Gowns.—Louisa Adamsoa.' CARTER'S GREAT SALE for 3SFeJ~Co7sets, Underclothing,.and Millinery of all kinds';-wonderful bargains; :' '*.■ ,;■■'■■■ I . _2 * ... ; .7 WHAT,' another' New Suit? No; they have been to Taylor's City Dye.Works 101 George street.. ' - ■; * '",- - , ~'-. . - ' ' OTAGO Bible Warehouse, -Royal, Arcade, Dunedin, for Bibles'in various styles of bindings and type^; . .'- ' ' HYMN Books, -Sank'ey's, Church Praise, , Psalms and. Hymns', Birthday Books' and Cards, Text Card s",1. great variety; STATIONERY,. Albums^ Photo'.S: F™mS~ Purses, Wallets, Ladies' Hand Bags, Inkstands, etc. Call and insnect—GEO. DERBYSHIKS. -:;,;■ *______ju ALEX. THOMPSON, Ship-chandler. Sailmaker (established,lß7l).—A large assortment of Flags, Tents,' Tarpaulins, Oil-Clotkins: Horse Covers, Canvas,.. Rope, •'Twinefl,.\Etc. TENTS and MARQUEES for, 'SALE ,or HIRE.-ALEX. THOMPSON, 163 and 165 Princes street, Dunedin.'". i 0 WANTED, the Public to Know the death i rate could be reduced 50 nor cent by I using TUSSICURA. * • , "I CARTER'S GREAT SALE for Ladies" V/ 7 terproof Cloaks, with Single oDouble Capes, Gs lid, 7s'lid; Ss lid, usually double; also a few clearing at Is 6d, 2s-6d,.3s lid. BIRDS and Animals: stuffed. -Wanted— Small Seagull, Kingfishers, Quail, and Small Native Birds:—Smyth, taxidermist, Caversham. 3j u OVELY Parlour ORGANS at prices to .suit all; to be obtained at .Howell's Organ Depot, Octagon. IF you want a PIANO, that, will give permanent satisfaction, try Howell and Co., Piano Depot, Octagon. gj v WANTED, about 50 CLERKS to help read Testimonials re "TUSSICURA."— Sole manufacturer. S. J. Evans." 2s 6tL

"The bottom of the Kawarau is mostly a close, but soft, blue reef, admirably suited for the dredge bucket to clean up the gold effectually, without leaving any behind. . . . The PICK of the RIVER, in this and most other respects, is, beyond doubt, tbe portions lying between the NEVIS BLUFF and the KAWARAU BRIDGE." Full prospectus, with reports on the claim, and application forms, may be had from the Brokers. 29my. GARTER'S GREAT SALE for Ladies' Winter Capes and Jackets. All our newest kinds reduced considerably; Ladies' Mantles cheap. FOR Coughs and Colds take Woods' GREAT . PEPPERMINT CURE; ls 6d and 2s Gd. 17ap WHERE did you get that splendid-fitting Suit?— Don, 91 George street; made to fit, 50s. BEST place to buy Working Shirts. Boys* from ls 4d, Men's Is lid; Flannel Shirts, 2s Ud; Pants, 2s lid.—Don. THE best and cheapest place to buy Men's and Boys' Clothing—Don. 20 per cent, under ordinary .prices. 2ju