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Xlttsincss I¥o«Jc«*. IN YERC ARGILL —STEAM MILL S,— ESK-STREET. r\N SALE BY THE UNDERSIGNED— A lINEST SILK DRESSED FLOUR OATMEAL PEARL BARLEY BRAN POLLARD, &o. HARE, PRATT & CO. REMOVAL. VXf MITCHELL, BOOTMAKER, Ha 3 REMOVED from Tay-street, TO KEW PREMISES NEXT COLYER'S HOTEL, DEE-STREET. SUMMER STOCK. JCOTTTS has just received a Splendid • Assortment of Coatings, Tweeds, Bedford Cords, ITewest Patterns, made up to Latest Styles, at LOWEST PRICES. Temporary premises, near the English Church, while re-bailding on the old site, Tay-streot. SOUTHERN CROSS HOTEL Dee Steeet, HINRY MATO, Peopeietob. HM. b(gs respectfully to inform tno pleasure* • seekers of Southland that he has enlarged his BILLIARD AND BAGATELLE SALOON and imported one of Alcock's Melbourne first class BILLIARD TABLES which Roberts pronounces to be the best in the Colonies. Pazer's first-class BAGATELLE TABLE AMERICAN BOWLING SALOON. The best in New Zealand. THE SHOOTING GALLERY Is supplied with Schneider and other rifles. Dining afld Sitting Rooms for the comfort of Travellers. Wines, Spirits, and other liquors of the best brands, always on hand. PROSPECTUS OF THB OLD WAKATIPU DEEP SINKING GOLD MINING COMPANY, LIMITED. Capital, £400, In 800 shares of 10s each, 5s per share payable on allotment, the balance in two calls of 2s 6d each. Provisional Committee: Messrs Messrs John Squires John Kingsland James Blacklock F. W. Wade Robert Carriok W. J. Moffett G. F. Martin John Blacklock Robert Cleave Peter M'Ewan L. Hume Wm. Garthwaite R. Powell J T. Martin D. L. Matheson George Saunders] Henry Jaggers William Wood T. M. Macdonald Robert Tapper W. H. Hall, Bankers : Bank of Otago. Tbhasitbeb and Secbetaby John Blacklock. Mining Agent : G. F. Martin. r PHIS Company is being formed to sink a shaft JL on the flat.Glenquoich Station, near to Diggings, north of the Dome, known as the Old Wakatipu. The opinion which some have held for many years has now become general with practical as well as scientific men, that in the locality referred to a deep lead of heavy gold exists. Some years ago a shaft wa& sunk about 70 feet without slabbing, and though bottom was not reached, very satisfactory prospects were obtained, which would have been followed up had not the Lake Diggings caused a rußh in that direction, which broke up the party. After this shaft was sunk, the ground was purchased, but arrangements, it is now found, can be made with the owner, should it be ultimately decided by the Permanent Managing Committee (when elected by the shareholders) to be preferable to sinking on the adjoining Crown Lands. It is anticipated by the experience gained in sinking the above shaft that there will be no necessity for expensive pumping apparatus. It is contemplated by the Committee to reserve say 200 shares for the men who are to be engaged in the actual work of sinking, either to be given in lieu of wages, or held for a time to enable them to purchase, the opinion being that the best guarantee for operations being pushed on satisfactorily is for those employed to have an interest in the claim. Irrespective of sharing in the general advantage to all classes in the district calculated to result from the discovery of a deep sinking, and consequently permanent goldfield, the Committee would call attention to the individual benefit to shareholders in this Company which would accrue from the obtaining of an extended claim should Crown Land be decided on, a somewhat similar extension being offered on the private land alluded to. | JNO. BLACKLOCK, | Secretary.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST18720326.2.2.4

Bibliographic details

Southland Times, Issue 1556, 26 March 1872, Page 1

Word Count
584

Page 1 Advertisements Column 4 Southland Times, Issue 1556, 26 March 1872, Page 1

Page 1 Advertisements Column 4 Southland Times, Issue 1556, 26 March 1872, Page 1

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