Page 4 Advertisements Column 3

Ashburton Guardian, Volume V, Issue 1551, 9 June 1885, Page 4

Business NoticesWAR WITH RUSSIA.—At the present juncture it would be difficult for any one except a prophet of the highest rank to say whether or not the present negotiations between England and Russia will lead to a general European war, or whether they will end in smoke. The absence of full information as to what is transpiring between the two countries may indicate that the political breeze is blowing harmlessly past; or, it may be the awful silence which generally precedes a storm. In either case, we ought to be prepared for the worst. If a general war breaks out the price ot nearly every article of commerce will rise. Among other commodities, wool and labor will go up. Now is the time, therefore, to lay in a stock of clothing, before the g moral advance begins. In ord«r that we may not be caught napping we have just purchased a Splendid Assortment of Winter Tweeds and other materails necessary to a well equipped tailoring establishment, which w*t are prepared to offer at unusually low prices for cash. Regarding style and fit, it is almost needless for us to repeat what everbody knows, viz, that by our scientific mode of cutting, and the care exercised by us in fitting the figure, a mis-fit is an impossibility,— Craighead and Co., Merchant Tailors, Tancred street. ”13 s*s w am jySSOLUTION OF PARTNERSHIP. In consequence of the firm of J. MEEOH & Co., of Ashburton, Furniture

Dealers, having been dissolved, and in order to facilitate a settlement between JOHN MEECH (who takes over the business) and his retiring partner, a CHEAP SALE will commence from today, of the whole of the stock of well seasoned furniture of all kinds, ironmongery, crockery, etc., will be cleared out at HALF-PRIG H. All debts owing must forthwith be paid to J. 0. DDNCAN agent, or to JOHN MEECH ; either of whose receipts will b a sufficient discharge. Funerals conducted at extremely mode rate charges. PROSPECTUS OF THE Ashburton woollen manufacturing COMPANY (LIMITED). (To be Registered under the Joint Stock Companies Act, 1882.) Capital L 30.000 (with power to increase to L&0,000), divided into shares of L 5 each. Provisional DirectorsGeorge H. Greenwood (Chairman) T Bullock, J.P. E. G. Crisp, Geo. Coleman J. Chalmers C. T. Dudley, J.P. O. Dif by H. Friedlander,J.P. JohnGrigg, M. H.R. O. J. Harper, J. C. G. Hawdon, J.P. A. Harrison G Jenkins Geo. Jameson on. J. McLean J. Orr O. W. Purnell Dr Ross G. Scott D. Thomas K. G. Wright D. Williamson J. Ward Robert Wilkin, J.P. Bankers—Bank of Australasia. Solicitor—O. W. Purnell. Secretary—Alfred Bunting.

The Provisional Directors, having arranged for the purchase of the land, buildings, and woollen manufacturing machinery lately belonging to the Ashburton Woollen Factory Company, have decided to form a Company for the ,purpose of completing the work and commencing the manufacture of woollen goods as early as possible. (a) The section of land on which the buildings are erected faces the main road from Ashburton to Mount Somers, and contains seven acres of freehold, distant miles from the Ashburton railway station, and in every way well suited to the purpose for which it has been selected. ( b) The buildings, which are of brick and exceedingly well built, include enuin s-house, boiler-house, dryingroom, main mill-room (200 ft x 80ft), mechanic’s shop, woolshed, dyehousestorerooms and offices. (c) The machinery includes 36-h.p. engine and boilers, wool-scouring machines, scribblers and condensers, mmes, twisting frame, looms, milling and finishing machinery, all quite new and of the latest English design. The land, buildings and machinery are offered to the public for L 5.500 (being LB,OOO less than the actual original cost). To connect the shafting with the engine and machinery, which is now being done, and tolput the whole into thorough working order, an expenditure not exceeding LIOOO 'may be required ; the Company will then have a Factory complete in every respect, 1 fitted with the most modern appliances, at two-thirds less cost than any other Company in the colony ; the total cost not exceeding L 6,500. Mr Greenwood, who is at present acting as chairman, has had large experience in the manutacture of woollen goods in England and is well acquainted with the requirements of the colony. Under his supervision the machinery is, being placed in position, to be ready for active opera lions when the next clip of wool comes t» hand in October next. Other rectories in the colony, started under much less favorable auspices, are now paying with regularity dividends of 10 per cent, as well as placing substantial amounts to the.r respective reserve funds. It is, therefore, with much confidence the Provisional Directors recommend the undertaking to the public as a thoroughly sound and safe investment. The Provisional Directors have already subscribed for LIO,OOO worth of shares, and now invite applications for the remainder. Five shillings per share will be payable on application ; five shillings per share on allotment; and the balance will be called up as occasion may require, at the rate of five shillings per share, at intervals of not less than two months. Applications for shares will be received by any of the Provisional Directors, the Oompany'a bankers, or by the Secretary