Page 4 Advertisements Column 5

Evening Star, Issue 3709, 12 January 1875, Page 4

PROSPECTUS. PROSPECTUS OF THE ALBION- BREWING AND MALTING COMPANY (Limited), DUNEDIN. Capital £40,000, In 40,000 Shares of £1 each. Eight per cent, guaranteed. Two Shillings and Sixpence to be paid on Application; Two Shillings and Sixpence on Allotment; and Five Shillings per Share on the Ist June, 1875; Five Shillings on the Ist August; and Five Shillings on the Ist October. THE NEW ZEALAND DISTILLERY COMPANY having entered into an Agreement with the Government of New Zealand to abandon the business of Distillation on the 30th June, 1875, are now prepared to offer to the public their Premises and Plant, for the purpose of establishing a Brewery and carrying on their present large Malting business (for which they are admirably adapted) on terms which it will be admitted, on consideration of the following particulars, are of the most advantageous character, viz.;— The Freehold Property comprises two full acres of land, in a block having frontages to Cumberland and Castle streets. The Buildings, built of brick and stone, with slated roofs, are of a most substantial character. Plant (the greater portion of which is suitable for a Brewery and Malting Establishment) is complete and perfect in every respect—the only addition required for a Brewery being a Cellar, which can be erected for about L 2,000. With this and some trifling alterations, the Plant will be available for Browing purposes within a month or six weeks from the date at which the Distillery Company are required by law to cease operations. Malt Floors and Kilns.—There are on the property two Malt Floors and Kilns capable o turning out from 1,000 to 1,200 bushels of malt per week ; and from the advantageous position of the work, having a frontage to the Bay, and receiving the benefit of the cool draughts of air which continually proceed therefrom, Malting can be carried on all the year round, which is quite an exceptional thing, even in the Old Country. The Malt from this establishment has always commanded the highest price of any produced in New Zealand; and the supply for some time back has been inadequate to the demand. The Beer produced from this Malt is of the very best quality. The profits from this branch of the business may be expected to be of a very substantial character, as during the past year, even with the limited amount of Malt available for sale, they exceeded L 2,500. And as there would be a large quantity to dispose of in connection with a Brewery, the yearly profits would be proportionately increased. The capabilities of the Premises and Plant for the purposes of a Brewery have been carefully examined and estimated by a competent authority (a gentleman who built some of the largest Breweries in the neighborhood of Edinburgh), who states that from 400 to 500 hogsheads of Beer could be made per week when the trade required it, which is greatly in excess of the quantity which can be turned out by any other Brewery in New Zealand. This capability to produce so much more Beer at very little extra cost of management must always give the Albion Brewery Company a great advantage over other Brewing Establishments, and as the trade is increasing greatly here, and being opened up with the neighboring Colony of New South Wales and Fiji, no doubt the full power of the Company’s Works would very shortly be called into operation. ! Water Supply.—The Distillery Company, at considerable expense, constructed a covered Brick and Cement Reservoir on Mr Logan’s npvf TViwtj Rnlf. onrl IoM nirma f n

the Distillery, thus obtaining of the best water in the Di every impurity, for the jmrp Malt, Distilling, or Brewing. Cottages.—On the Proper substantial four-roomed Cotta the Principal Employes of th require to reside on the Premi value of Land, &c.—The ! and Plant of the Distillery valued by Messrs Blair an March last, for a local pul L 27,450. Since then land in has been sold considerably i estimate; and there can be n very few years this property present value, contiguous as way Terminus, Jetties, and lines of traffic. A short sidin yards in length, will enable place their goods on the ra saving a large yearly expendit Price of Property.—The pi require for the Land. Building plete (including the private sum of L 30,000, cut of which the preliminary expenses of : pany; and so confident are tl: of the business, that they ai paid up shares to the value o payment of the purchase-moi ther guarantee 8 per cent, on tal for two years from the < the business, and will give g security for the due payment ■ interest —such security to 1 hands of any Trustees the I point. They feel perfectly se ing this prospective liability, : the profit on the malt alone s per cent, on the paid-u > ca profits of breweries all over tl necessary here to dilute: the] large, and to compare favoral business that can be named. Capital.—When the share of, there will, after purchasin ample funds to make the alluded to, and to carry on th sale and returns from beer are: Staff.—There is at presen ment of the Distillery Con staff of competent experts, \ at the disposal of the Bre\ Company. The present mar a more competent man is n< these Colonies) is willing f management of the new conct pany’s experienced traveller tions are well known) is ala ment. _ Quality of Beer. —It will tion of the Albion Brewing out nothing but the best q thus secure a lasting and coi demand for their brand. The sole reason the preset tunity ia offered to the pul their capital to such advan present proprietors of the ) retire for a time from theacti I'm air Th ov nrn •