Easiness Notices. WAR WITH RUSSIA.—At the pret sent juncture It would be diffioule for any one except a prophet of thhigheet 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 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 g moral advance begins. In order that we may not be caught napping we have just pdßhased a Splendid Assortment of Winter Tweeds and other matetails necessary to a well equipped tailoring . establishment, which wo 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 add Co., Merchant Tailors, Tancred street.
ISSOLUTION OF PARTNERSHIP. In consequence of the firm MEECH & Co., of Ashburton, 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 to* day, of the whole of the stock of well seasoned furniture of all kinds, Ironmongery, crockery, etc., will be cleared out at HALF-PRICE. All debts owing must forthwith be paid to J. 0. DUNCAN, agent, or to JOHN MEECH ; either of whose receipts will b a sufficient, discharge.
Funerals conducted at extremely mode rate charges. PROSPECTUS OP 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 60,000), divided into shares of L 5 each. Provisional Directors — George H. Greenwood (Chairman) T Bullock, J.P.E. G. Crisp, Geo. Coleman J. Chalmers O. T. Dudley, J.P. O. Digby H. Frledlander.J.P. J ohn Grigg, M. H. R. O. J. Harper, J. p . C. G. Hawdon, J.P A. Harrison G. Jenkins Geo. Jameson Hon. J. McLean J. Orr 0. W. Purnell' Ur Ross G. Scott D. Thomas E. G. Wright D. Williamson J. Ward Robert Wilkin, J.P. Bankers—Bank of New Zealand Solicitor—o. W. Purnell. Secretary—Alfred Bunting.
The Provisional Directors, having arrange 4 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 engine-house, boiler-house, dryingroom, main mill-room (200 ft x 80ft), mechanic’s shop, woolshed, dyehonaestorercoms and offices. (c) The machinery includes 36-h.p. engine and boilers, wool-scouring machines, scribblers and condensers, moles, 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 5,600 (being LB,OOO less than the actual original cost). To connect the shafting with the engine and machinery, which is now being done, and to put 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 coat than any other Company in the colony j the total cost not exceeding L 6,500. Mr Greenwood, who is at present acting as chairman, has had large experience in the manufacture 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 operations when the next clip of wool comes to hand in October next. Other Factories in the colony, started under much less favorable auspices, are now paying with regularity dividends of liDper cent, as well as placing substantial amounts to their respective reserve funds. It is, therefore, withmqqh 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 pive. shillings per share will be payable on application ; five shillings per : share on allotment} and the balance will h* called up as cea..iion may require, at the rate ot 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 Company's hankers, or by the Secretary. \ T 5 867
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Ashburton Guardian, Volume V, Issue 1559, 22 July 1885, Page 3
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868Page 3 Advertisements Column 6 Ashburton Guardian, Volume V, Issue 1559, 22 July 1885, Page 3
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