Business Notices. -tncxAß WITHRUSSIA.—Atthe pret W sent juncture it would be difficule {» any one except a prophet of tht rank to eay whether or not the >t- negotiationsbetween England and _k will lead to a general European war, or whether they will end in smoke. The absence of foil information aa to what is transpiring between the two countries ■ may inchoate that the political breeze is blowing harmlessly past; or, it may be the awful silence which generally precedes a ettwm. In either case, we ought to be prepared for the worst. If a general war breaks out the price of 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 general advance begins. In ord*r that wa may not be oaeght napping we have just purchased a Splendid Assortment of Winter Tweeds , and other materails necessary to a well equipped tailoring establishment, which We ate prepared tooffar at unusually low prices for casta. Regarding style and fit, it is almost needless for us to repeat what
, ererboßy viz, that by oar soient'dSe mode of, editing, and the care exercised by ub in fitting the figure, a nrs-fit : is ig impoßsibility.—- Craighead and Co. , Merchant Tailors, Tancred street. DISSOLUTION OF PARTNERSHIP. In consequence of the firm ‘I 1 MEEOH & Co., of Ashburton, F having been dissolved, and in order to facilitate a settlement between JOHN MEEOH (who takes over the business) and his retiring partner, a CHEAP fiAT.IC will commence from to* day, of the whole of the stock of well jeuoned furniture of all kinds, ironmongery, crockery, etc., will be cleared out at HALF-PRICE. All debts owing must forthwith bo paid to J. 0. DUNCAN, agent, or to JOHN KEEOH; either of whose receipts willb a sufficient discharge. Funerals conducted at extremely mode rate charges. , PROSPECTUS OF THIS A-SHBURTON WOOLLEN MANU* FACTORING COMPANY (LIMITED). (To be Registered nnder the Joint Stock Companies Act, 1882.)
Capital L 30.000 (with power to increase to LfiOjOOO), divided into shatea of L 5 each. Provisional Directors — George H. Greenwood argeu.urean (Chairman) T Bollock, J.P. E. G. Crisp, Geo. Coleman J. Chalmers O. T. Dudley, J.P. O. Dinby H. Fried lander, J.P. JohnGrigg, M.H.R. O. J. Harper, J.i*. O, G. Hawdon, J.P. A. Harrison G. Jenkins Geo. Jameson Hon. J. McLean J. Orr O. W. Parnell Dr Boss G. Scott D. Thomas E. G. Weight 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 o£ completing the work and commencing the manufacture of froolleu goods as early as possible. (а) 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. (б) The buildings, which are of brick and exceedingly well bnilt, Include engine-house, boiler-house, dryingroom, main mill-room (200 ft x 80ft), mechanic’s shop, woolshed, dyehonsestorerooms and offices. (c) The machinery includes 36-h.p. engine and boilers, wool-soonring machines, scribblers and condensers, mules, twisting frame, looms, milling ' and finishing machinery, all quite new and of the latest English design. The land, buildings and machinery are jffered to the public for L 5,600 (being ■ LB,OOO less than the actual original cost). To connect the shafting with the engine and machinery, which is now being done, jmdtoput 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, .fitted with the most modern appliances, at : two-thirds less post than any other Company in the colony; the total cost not ex(seeding L 6,500. - > Mr Greenwood, who is at present acting chairman, baa had largo experience in the uiamifactnre of woollen goods in England and is well acquainted with the re- - qnirements of the colony. Under his : supervision the machinery is being placed ‘'in position, to be ready for active opera r -tioaswhen the next clip of wool comes ta . band in October next ' Other .Factories in the colony, started ‘ trader much less favorable auspices, are ' 'HOW paying with regularity dividends of ‘ 10 per cent, as well as placing substantial amounts to the r respective reserve funds. MEt is, therefore, with much confidence the ‘ Provisional Directors recommend the undertaking to the public as a thoroughly aonhd and safe investment, V The Provisional Directors have already subscribed for LIO.OOO worth of shares, now Invito applications for the re- ' Five shillings per share will be i bn application ; five shillings per ion allotment; ni.d the balance will be called up as occasion may require, at rale, of five shillings per share, at 6f hot less than two months. ' Application* fo| shares will be received "brinyof the Pfprmonal Directors, the |ipw! w*
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Ashburton Guardian, Volume V, Issue 1544, 6 July 1885, Page 4
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848Page 4 Advertisements Column 1 Ashburton Guardian, Volume V, Issue 1544, 6 July 1885, Page 4
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