Page 16 Advertisements Column 1

New Zealand Tablet, Volume XV, Issue 28, 4 November 1887, Page 16

S.&C. yCODLLAE C HISHOLM. S.&C. CHEAPEST FURNITURE AND FURNISHING WAREHOUSE IN DUNEDIN. Austrian Chairs, 6s 6d ; Five-frame Brussels Carpets, 4s ; Full size Iron Bedstead with Spring Mabtraes, £2 sa. All Goods Equally Cheap. FURNITURE IN NATIVE TIMBER A SPECIALTY. S.&C. gOOULLAR i" CHIBHOLM.C HIBHOLM. S.&C.

SPRING AND SUMMER SEASON, 1887. OROWN, EWING, AND CO., Have opened a Grand Assortment of NEW DRAPERY AND FANCY GOODS, Personally selected by Mr. EWING in the Home Markets, and bought for Cash. They can confidently assert that for First-Clas 9 Goods, at the Lowest Possible Prices, they cannot be equalled in Dunedin. B. E. & CO. have caused a Revolution in Prices during the past season, and with increased facilities, are in a much better position to continue doing so. INSPECTION INVITED. NEW DRESS MATERIALS NEW WASHING TEXTURES NEW MANTLES AND MILLINERY &EW HOSIERY AND GLOVES NEW RIBBONS, LACES, &c. NEW CUtU'AINS AND TAPESTRIES NEW CARPETS AND LINOLEUMS NEW MANCHESTER GOODS NEW BOYS' AND YOUTHS' CLOTHING tiATS, CAPS, AND MEhCKUY NEW TENNIS FLANNELETTE, sfd Per Yard ( IN VALUE BEST \ IN CHOICE ( IN TASTK PAITERNB sent by Post; and under the New System of Parcels ost, which commenced Ist October, we shall forward all Parcels, Post Paid, to any part of New Zealand. BROWN, EWING, AND CO., PRINCES AND MANSE STREETS, DUNEDIN mESTIMONIAL TO MOST REV. DR. MORAN. ( Continued.) £ s. d. £ "s. d. Mr. P. Butler 2 5 0 Mrs. McPherson, 0 10 0 Rev. Father Newport 2 2 0 Mr J. O'Leary 0 10 0 Rev. M. Walsh 2 2 0 „ W. J. Potts 010 0 Mr. D. Kirby, 2 0 0 „ D. McGinley 010 0 Mr M Nolan 110 „ D. M. Gowau 010 0 Mrs. M. Nolan, 110 „ M. Monaghan 010 0 A Friea>! 110,, Wm. Brown 0 10 0 Mr. J. A. Henderson 10 0 „ O'Brien 010 0 „ J T. Harris 110,, Gorman 0 10 0 „ P. Brennan 10 0 „ W. Hartnett 010 0 „ T. Slatteiy 10 0 „ H. McKittrick 010 0 „ J. Harold 10 0 „ J. G. Hislop 010 0 „ T. McLaughlin 10 0 „ K. IMcliuigan 010 0 „ P. Murphy 10 0 „ J. O'Brien 010 0 „ J. McSherry 10 0,, W. Williams 0 10 0 „ McGill, 10 0 „ R. Boy lan 010 0 „ Fox 10 0,, McDonnell 0 10 0 „ Patrick Donovan, 10 0 Miss Julia Brennan 010 0 „ Reid 1 0 0 Mr. O'Cummins 0 10 0 „ J. Barry 10 0 Miss Ward 0 10 0 „ Patrick Mullins I 0 0 I Mr. F. Coleman 0 10 0 „ F. Rooney 0 10 0 | „ D. Halloran 0 10 0 „ P. Brennan, in r. l) 10 0 | „ J. Leary 0 10 0 „ Pcanlon 0 10 0| „ W. Ccnnell 0 10 0 „ M. O'Neil 0 10 0 | „ P. Maher 0 10 0 „ G. Fitzgerald 0 10 0 | Smaller sums 5 7 0 Owing to pretßOraon uir mace we ere unable to publish a full list this week. W>. m <.y a<.d ihat subscriptions received since the presentation took place have raised the snm to a total of eleven hundred guineas

PROSPECTUS OF THE FAIR MAID AND GLADSTONE GOLD MINING COMPANY, LIMITED. To be Incorporated and Registered under the provisions of the " Mining Companies Act, 1886." Capital, £12,500 ; in 25,000 shares of 10s each, of which 15,000, each 8s paid up, are reserved as part payment to the Veudors, and the remaining 10,000 are hereby offered for public subscription as follows :—ls: — Is per share payable on application ; Is per share on allotment ; and the balance as required by calls of not exceeding la per share, and at intervals of not less than one m 'nth. It is not anticipated that more than 7s 6d per share will be required. Directors : Hon. W. J. M. Larnach, C.M.G., M.H.R. ; Maurice Joel, Esq., Brewer, Dunedin ; Robert Patterson, Esq., Merchant, Dunedin; Walter Hislop, Esq,, Petpetual Trustees Company, Dunedin; Robert Skeoch, Esq., Warehous^min, Dunedin. Bankers : the Colonial Bank of New Zealand. Solicitors: J. J. Moynihan, Esq., Westport ; R. A. Joel, Esq., Dunedin. Legal Manager :J. A Chapman, Esq., Dunedin. Brukers : W. Hay Dickson, Esq., Dunedin ; J. A. i bapman, Esq., Dunedin : L. H. Nelson, Esq, Christchurch. Broker for West Coast, including Wanganui, Westport, Reelton, Grey mouth and Hokitika : Zoff.iny 0. Home, Esq., Westport. It is proposed to form a company under the above name for the purpose of acquiring, amalgamatitig, and working the properties known as the Fair Mtid and Gladstone properties, together with that at present owned by Mr. John Landy. The properties in question are situated at Addisoc's FJat, near Charleston, on the West Coast of New Zealand, and consist of the following, viz. : — (1.) A special claim of 40 acres of rich alluvial ground held by the Gladstone Gold Mining Company. — (2.) A special claim of 4'> acres of similiar ground immediately adjoining the Gladstone property, and held by the Fair Maid Gold Mining Company. — (3.) A right to 20 Government bea^s of water from Back Creek, situated on the terraces above and adjacent to the Kair Maid property — (4.) A right to five Government heads of water, together with the* dams, race, tail race, and tables now owuud by Mr. John Landy* adjacent to the Fair Ma - d property. The ground consists of a bed of black sand highly anriferous, averaging over 20ft. in thickness, and overlaid by a stripping of shingle about 10ft, thick. This sand has on trial given the large yield of 2^dwt. of gold per cubic yard ; whilst in actual working this result is borne out by the very handsome returns obtained at Messrs. Moran and party's works, which are surrounded by the Fair Maid and Gladstone properties, and in which operations are carried on in the older and more expensive manuer. It is proposed to work the combined properties by means of the jet pump or American hydraulic system of sluicing, which has proved so successful wherever it has been adopted, and which is admirably suited to the company's proposed properties. From very able and comprehensive reports furnished by Thomas J, Waters, Esq., 0.E.F.R.G.5., and Messrs. Young Brothers, civil engineers, Westport, it will be seen that with the supply of water at command 400 cubic yards per shift of eight hours can be sluiced b/ this system, and that a net return of over £80 per shift, after payment of all working expenses, can reasonably ba depended upon ; so that good dividends may be expected by shareholders, The estimated cost of the works, including races, piping, tables, and gold-saving apparatus complete, together with the provision of storage reservoirs to the extent of about 23 acres, is estimated not to exceed £3,000 ; and the time requisite for their completion five months. In addition to the shares stipulated as reserved to the vendors, the only payment to be made by the company is the sum of £750, in respect of wh'ch the vendois undertake to pay for certain water rights and for one year's rent of the properties ; together with all thecosts of the formation of the company up to the date of allotment. It will thus be seen that the vendors cot merely virtually accept payment for the propeities in shares {artially paid up, but undertake on these shares conjointly with other shareholders a considerable liability. The proposed Company presents briefly the following advantagfs, viz :—(1.): — (1.) Small liability per share.— (2.) No large sum in cash paid for the properties or for promotion. — (3.) Certain prospect of good returns. — (4.) Existence of the gold throughout the field thoroughly proved both by trial and by practical working. — (5.) Short time to complete works, and small cost of these. The reports of experts referred to, together with plans of the property and proposed works, may be inspected at the offices of the Brokers. Applicatons for shares to bo accompanied by a deposit of la per Bhare, As the total number of for disposal is so limited, early application is necessary.