Ballarat Quartz-Crushing, Amalgamating, and Subliming Company

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1855

September 22 PROSPECTUS. Of the BALLARAT QUARTZ-CRUSHING, AMALGAMATING, AND SUBLIMING COMPANY. Capital, £2500. in 40 shares of £50 each. Deposit, £10; second instalment, £15; to be paid on the Company being duly registered under the new Act of Council. The balance to be paid in six weeks, when the whole machinery will commence its operations. The liability of each shareholder will be limited the amount of his share. Trustees:— Three gentlemen to be selected from the shareholders, at the first General Meeting. The Managing Committee:— To be selected at the same time. Bankers :— The Bank of Australasia. Manager :— George Goldsack, Esq. Solicitor: — J. G. M. Wigley, Esq., Ballarat. The advantages of the this Company are: — First,—That it is absolutely free from any speculative risks or liabilities, there being a certain return for all work done by the company. Second,—That the machinery can be worked at a comparatively trifling expense. Third,—That the profits (calculated on the soundest principles) will return a very large per centage on the amount cf capital. Fourth,—That the principle adopted by the machinery secures the whole of the gold from the quartz without any loss of mercury. Fifth,—That the quartz will be subjected to the process of burning, thereby facilitating the crushing and destroying the antagonistic action of sulphur and mercury. Besides,—Numerous other advantages, which will be fully explained to the share- holders. N.B. The preliminary deposit of £10 will be received by the Bank of Australasia., where an account is opened by the Company. No monies to be withdrawn until the Trustees are duly appointed.[1]

September 22 A New Company.—Our advertising columns give publicity to a newly projected quartz crushing, amalgamating, and subliming company. The principle, upon which the machinery is to be erected, is undoubtedly the best we have yet met with, and the managing director, Mr Goldsack, an eminently practical man and well known engineer. We would recommend our quartz miners to give the advertisement a careful perusal, as we understand that the company will be prepared to crush quartz on liberal terms. [2]

1856

January 30 Quartz Crushing. — On Wednesday last, a new amalgamator, the invention of Mr Goldsack, was tried at the works purchased by the Quartz Crushing Company, at the foot of the Black Hill. The visitors to witness the experiment tried, were very numerous, and all left satisfied that a very great improvement if not the great desideratum itself, had been hit upon. Many of the inspecting parties were miners on the quartz reef at the back of the township, and after a very careful analysis of the refuse, not a single globule of mercury could be discovered. We regret to say that some shares in this promising company still remain unsold, and as they are at the moderate figure of £10, we earnestly call upon those who are anxious to develop this, the future source of Australian wealth and prosperity, to promote what promises to be a really paying speculation. The public are cordially invited to inspect the machinery and judge for themselves.[3]

See also

Notes


References

  1. Advertising (1855, September 22). The Star (Ballarat, Vic. : 1855 - 1864), p. 3. [1]
  2. FIVE DAYS LATER NEWS FROM ENGLAND. (1855, September 22). The Star (Ballarat, Vic. : 1855 - 1864), p. 2. [2]
  3. BALLARAT. (1856, February 4). The Age (Melbourne, Vic. : 1854 - 1954), p. 3. [3]


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