Half only of the Company's sharos are now placed in tho local mn.rß.et for a limited period, and will bo allotted in tho order of tlioir npp'icrttion. Immediate application should therefore ba made to prevent dis- appointment. Cheques should bo made in Invnr of 0. S. Allen, Y.eq , Mannper Bank of New Zealund, Treasurer, and applications, by letter or otl er wise, to tho undersigned, from whom Forms of Application, the Committee's Report and Evidence thereon, may be obtained. J. K. BROWN, Thames Street, Agent. Oamaru, Sept. 26th, 1877. se27



Tnß Oamaru Stone Quarrying and Export Company is projected for tho purpose of fur- ther developing our valuable stone deposits, and to secure for it a much larger con- sumption in this nnd the neighboring Colo- ! nlos. The enquiries of the promoters con- oluiively provo that the timo has now come when the groat facilities afforded by the Breakwater and the numerous lines of rail- way now opened should be more extensively utilized, and this branch of industry de- veloped on a soale commensurate with its vast importance. By referring to the " Report and Evidence " it will be seen — Ist. That the country extending from the Kakanui Rirer to tho Waitaki Plains abounds in stone deposits of the best description ; that numerous quarries are already being partially work, and the supply obtainable is absolutely inexhaustible. 2nd. That the exclusive right to work suoh quarries as moy be decided upon can be acquired by a Company upon tho most favor- able terms. 3rd. That in the larger operations of a Company the present methods of working the stone mi»y be vastly improved by tho appliontion of ftenm power, and the intro- duction of improved mnoliinery and other appliances nt every stnije, from the quarries to its final destination, economising labor and greatly increasing the facilities and lowering the rates of transit. 4th. Tlinfc the promoters, therefore, are confident that not only will they absorb the entire loonl demand ns well the considerable business whioh has hitherto been oarried on with Dunedin, Christ church, and other parti I of Now Zealand, but they confidently antioi- | pnte an enormously increaned trade with Victoria, wliero it has filrendy acquired con- siderable dimension?, but is, in their opinion, capable of indefinite extension. 