Page 1 Advertisements Column 4

Southland Times, Issue 1559, 2 April 1872, Page 1

Business Koticen. IN YEEC AEGILL —STEAM MILL S,— ESK-STREET. f\H SALE BY THE UNDERSIGNEDFINEST SILK DRESSED FLOUR OATMEAL PEARL BARLEY * BRAN POLLARD, &o. HARE, PRATT & CO. SEMO V A L . V^ MITCHELL, BOOTMAKEE, Has REMOVED from Tay-street, TO NEW PREMISES NEXT COLYER'S HOTEL, DEE-STREET. SUMMEE STOCK. JCOUTTS has iust received a Splendid • Assortment of Coatings, Tweeds, Bedford Cords, Newest Patterns, made up to Latest Styles, at LOWEST PRICES. Temporary premises, near the English Church, while re-building on the old site, Tay-streot. SOUTHEEN CEOSS HOTEL Dee Street, HENEY MAYO, Pbopeietoe. HM. begs 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 BILLIAED TABLES which Robebts pronounces to be the best in the Colonies. Pazer's first-class BAGATELLE TABLE AMEEICAN BOWLING SALOON. The best in New Zealand. THE SHOOTING GALLEEY Is supplied with Schneider and other rifles. Dining and Sitting Rooms for the comfort of Travellers. Wines, Spirits, and other liquors of the best bran-is, always on hand. PEOSPECTUS OF THE OLD WAKATIPU DEEP SINKING GOLD MINING COMPANY, LIMITED. Capital, £400, In 800 shares of 10s each, 5a per share payable on allotment, the balance in two calls of 2s 6d each. Peovisxonal Committee: Messrs Messrß John Squires John Kingsland James Blacklock F. W. Wade Robert Carrick 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 SaundersJ Henry Jaggers William Wood T. M. Macdonald Robert Tapper W. H. Hall. Bankers: , Bank of Otago. Teeastjeeb and Seoeetaey John BJacklock. Mining- Agent: G. F. Martin. rpHIS Company is being formed to sink a shaft _L 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 was 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 rush in that direction, which broke up the party. After this shaft waa sunk, the ground was purchased, bat 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 shareß 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. BLACKLOOK, i * Seoretary.