The New Timber Company

Feilding Star, Volume IX, Issue 147, 12 July 1888, Page 2

The New Timber Company

] PEH XTSIXBD PHKSB ASSOCIATION."! Auckland, This Day. The prospectus of the Kauri Timber Company has been received from Sydney. It shows that the company has a capital of £1,200,000 in 600,000 shares of £2 each, of which 450,000 are offered in Melbourne at 5s on application, 5s on allotment, 5s in a month, and 5s in three months ; the remaining 150,000 shares are retained for the vendors, who guarantee a dividend at the rate of 10 per cent, for 4 years on the paid up capital. It is rumoured that Sir Arthur Gordon, who is not unknown to fame in New Zealand and who ie now Governor of Ceylon, is about to be raised to a peerage. We do not know what his new title will be, but we are informed, by private wire, that his motto will be " The potatoe is cooked." A curious rep«rt was ci related yesterday that an < arly attempt would be made t cist the Government, and tbat a new Ministry might be forn.el from the Opposition ranks, headed by Captain Bussell or MrOrmond. That would indeed be a queer combination ! An ultra" Protectionist Ministry with an ultrnPreetradeJ cliief ! Of o.juis* the story is a more canard. Wb have an immense stock of Flannels for the present season that are unusually cheap in price and geod in quality, comprising — Ist, a lot of useful imitation Welsh at 4|d, 6|d, B£d, lO^d, and Is per yard ; 2nd, a very nice soft, make called super medium Welsh at Js, Is 3d. | Is 6d, and up to 2s 6d per yard ; 3rd, heavy Welsh Flannels a very strong make at Js, Is 3d, Is 6d up to 2s 6d per yard, at Te Aro House, Wellington. 4th, A very fine make of Flannel with pink list called Saxony Electoral at Is, Is 3d, Is 6d, Is 9d. 2s, and 2s 6d per yard, i sth, " The Lancet" Flannel — this is a ; special outcome of the celebrated Healtheries Exhibition in London, which can be depended on for comfort and wear, I and is guaranteed by one of the best ' makers of the day. and thn holder of a ' , prize medal " not to shrink" — prices are I Is, In 3d, Is 6d, Is 9d, 2s. 2s 3d, and ! these can only be obtained at the Wholesale Family Drapery Warehouse, Te Aro House, Wellington.