Page 4 Advertisements Column 1

West Coast Times, Issue 350, 6 November 1866, Page 4

f ' Companies. KELSON COAL COMPANY GREY RIVER rPHIS Company are prepared to supply J_ Coals of the be it quality, at the following rates :—: — Steamers coaled at the wharf at LI 10s. Cargoes or vessels ballasted for any 0 the New Zealand or Australian ports at 25s per ton. H. Lucas, Manager June 15. 1566. 3143 ' PEOSPECTUS OF THE COMMISSIONER'S FLAT GOLD MINING COMPANY (registered). Capital— £5000, in 1000 shares of £5 each. Provisional Directors — Messrs Prosser, Shaw, Rees, F. L. Clarke, J. Bonar, Captain Beaumont, Manuel, Ryan, Freeman, and Learmont. Secretary pro tern. — Mr Gordon. Bankers — Bank of New Zealand. Solictors — Messrs Rees and Tyler. - Broker — A. R. Emerson. rnHE Commissioner's Flat Gold Mining Company is formed for the purpose of working three acres of ground on the well-known Commissioner's Flat, Kanieri. The different parts of this large block have been held by private parties for twelvemonths, but after repeated efforts it is at last seen that more powerful machinery will be required to work the ground satisfactorily than these parties ' could afford. It is believed that before the ground can be properly and profitably wrought, an engine of 30-horse power must be obtained, conjoined to gear of equal strength. There is upon the spot an engine of 12-horso power, which, with the interest of the various claimholders, will be sold to the Company for the nominal sum of six hundred pounds, which can be paid in the Company's scrip. Gold has been traced into the ground which will pay from £12 to £15 per week per man. The various claims upon Commissioner's Flat are now yielding from £7 to £50 per man per week, and, as it is known with tolerable certainty that two, if not three, bottoms are workable, the prospects of the Company are good. The promoters appeal to all classes of business men with confidence, because the system of co-operative working is the only system' ultimately possible upon the West Coast, and it is the only system which guarantees permanency and profit. The shares will be paid for as follows : — Ten shillings on application, ten shillings on allotment, and calls of £1 each at intervals of at least a month. Applications for shares to be made at the office of the- Company, Temple Buildings, Hokitika. 4709 PROSPECTUS OF THE KANIERI STEAM DRAINAGE | COMPANY. (Registered.) Capital— £2soo in 500 shares of £5 each. Manager „. Mr E. L. Price. . Bankers . . . Bank Ne« South Wales Solicitors . . . Messrs Rees & Tyler. Broker ... Mr A. R. Emerson. This Company has obtained an extended grant of one and a half acres of ground in addition to their origiiwil grant of half aD acre on the Commissioner's Flat, Kanieri. They propose to increase the present paid-up capital of the Company, viz, £1000, to £2500 for the purpose of improving their present system of working. The ground as at present worked has yielded 185 ozs .of Gold in eight weeks' working, averagir g a dividend of £10 per week per share. The present workings from which the gold has been obtained, show an average of ,eight feet o£ wash at 12.1wts lo the load. The plant on the ground eensi^s of a 12-horpe power double cylinder engine, by Foby, and set of pumps now noliing £30 per week to the Company for pumping four adjoining claims. The present Company, in aduiiion io their present paid-up capital, hold 100 of the present issue paid-up as a bonus for tho draining contracts held by the engine, aud for the ground itself; the remaining 200 are thrown open to the public, who are invited to visit the workings, and inspect the .plant and crrouud prior to purchasing. The large area of ground, and ihe doptli and richness of the wash now in actual work are sufficient to recommend this to practical men as a profitable and safe investment returning a dividend from day of allotment of the shares. Shares, £1 on application, £1 on allotment, the balance by calls at intervals of not less than one month, application for which must be made at the office of the Company, Temple Court Chambers, Revell street. 5171 TTIOTORIA FIRE~ AND MARINE INSURANCE COMPANY. The Agents for the above Company are prepared to accept Fibe and Marine Rises. Every information to be obtained at Morison, Law & Co's, 4354 Wharf-street. MARINE INSURANCE. nnHE Undersigned having been appointed Agents in Hokitika for the SOUTHERN INSURANCE COMPANY (LIMITED), are now prepared to accept Marine Risks coastwise, also to Austranan and other Foreign ports. 2501 JSorsE, Mudie & Co.