Nelson Provincial Gazette – 1868 – No. 37

Page 162

✨ Report on Coal-fields and Railway Construction

162

Considering the length and severity of the gradient of 1 in 30, the cost of repairs will be considerable, and we should not reckon less than one penny per ton per mile to pay locomotive expenses and maintenance of permanent way and works. Assuming this, the following is my estimated cost of one ton of coal put on board ship at Westport :—

	£	s.	d.
Coal in waggons at pit mouth	...	0	5
Carriage to Westport	...	0	1
Discharging at coal depot	...	0	0
Putting on board ship	...	0	0
Cost of Management	...	0	0
Profit to Company	...	0	3
Cost per ton, F.O.B.	...	£0	11

Supposing 144,000 tons only to be sold annually, the company's profits would be yearly £24,000; which would, calling the gross cost £134,000, represent a dividend of £17 15s. 2½d. per cent per annum.

I have the honor to be,
Sir,
Your obedient servant,

HENRY WRIGG,

Civil Engineer.

Nelson, 24th July, 1868.

Printed, under the authority of the Provincial Government, Nelson, by CHARLES ELLIOTT, Trafalgar-street, Nelson, Printer for the time being to the said Government.

Online Sources for this page:

PDF — Nelson Provincial Gazette 1868, No 37

The Nelson Provincial Council Buildings (depicted) were constructed beginning with the laying of the foundation stone on 26 August 1859, with the first Council meeting held there on 30 April 1861.

The buildings served Nelson for over a century before being demolished on 12 September 1969.

✨ LLM interpretation of page content

🏗️ Report on Mount Rochfort Coal-fields and Railway Construction (continued from previous page)

Domain🏗️ Infrastructure & Public Works
Dated24 July 1868
KeywordsRailway construction, Mount Rochfort, Coal-fields, Westport, Engineering, Cost estimates, Locomotives
👩‍💼 Officials

Henry Wrigg, Civil Engineer

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Additional Sources

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Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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