Page 139 Advertisements Column 4

Hawke's Bay Times, Issue 1556, 6 March 1874, Page 139

PROSPECTUS [limited.] Gajpixjul : £15,000, la 1,500 Snares of £lO each. Deposit : Ten Shillings per Share on application ; Ten Shillings on allotment; and the balance in calls not exceeding £1 per Share, nor at lesser into rvals than three months, as required by the Directors. It is anticipated that it will not be neeassary to call up more than Provisional Directors: F. Sutton, Esq, Chairman. H. S. Tiffen, Esq. J. G. Kinross, Esq. A. Kennedy, Esq. J. Close, Esq. H. Campbell, Esq. F. Tuxpord, Esq. H, Fobd, Esq. H. H. Glitgg, Esq. T. K. Newton, Esq. Bankers: The National Bank of New Zealand. Solicitor : J. N. Wilson, Esq. Interim Secretary: Alexander Kennedy, Es THE success which has attended the establishment of all the existing Gas Companies in New Zealand has induced the Provisional Directors to inaugurate a Local Company in Napier. The lighting of the Town has on fair calculation been shown to be practicable, and promises a fair and legitimate return on the capital invested. It is proposed to call up £G per share, which it is considered will be sufficient for the present time, and on this sum it is calculated that the profits of the concern will yield dividends at the, rate of from 10 to 15 per cent. The balance of the capital will be called up as required, for such extension of the mains and works as the Directors may be satisfied will prove payable.. It has been estimated that the preliminary expenses, with an ample margin for contingencies, will reach £9,000, the amount of capital to be called up. The probable supply of Gas required for that portion of Napier at present intended to be lighted has been calculated from systematic inquiry, to amount to 8,000,000 cubic feet per annum. Receipts and Expenditure. 3,000,000 fees of t;as, at 20s per thousand feet.... £BOOO Sales of coke tar, &c ISO The above summary of a report prepared by J. B. George, Esq., a gentleman possessed of great experience and judgment it) such matters, shows that even with the present demand, a yearly profit of about 15 per cent, on the paid-up cap tal may be safely anticipated, and there is no doubt that after Gas has been fairly introduced, the yearly increase in the consumption will be marked and rapid, with only a nominal addition to the expenses, exceptng the cost of the outlay for coal. IS PUBLISHED EVERY Tuesday and Friday Morning', In time for the Inland Mails,, At the Office, Eastin^-si:c-3t, Earner. The lIAWKE'S BAY ■TIMES contain* the latest Local, Interproviucial, General, Shipping, Commercial, and Tekgrapma News, No effort is spared to make tn,p. naper a thoroughly reliable epitome of tun latent information from all parte of tnn Province and Colony, and, the utmost cam is taken to secure accuracy and impartiality in the department of reporting. Politically, the Ilawke's Bay Times t>; entirely independent of any party. Public questions are dealt with upon their merits, avoiding those personalities which disfigure a portion of the colonial press. In its original and selected matter alike, the Times will endeavor to maintain a high tone, aim will be found always on the side of political and social reform. , The rate of subscription is Six Shillings and Sixpence per Quarter. To Country Subscribers paying in advance, no charge is made for Postage. The circulation of the Hawke's Bail Times is sufficiently large to guarantee advertisers the fullest publicity to their announcements. Scale of charges for Advertisements — First insertion. Two Shilling!} per Inch; subsegueul insertions, half*price. Standing Advertisements, by Contract, Orders for Subscriptions and Advertisements received at the Office, Hastings-street next door to the Union Bank of Australia or by any of the authorized Agents. All kinds of Job Printing neatly e.veculca The Proprietor having added to the original, plant of the jlawle's Bay Times the whole of the large and valuable plant of the tan-. Thames Guardian, which includes a printing machine of the best construction, possesses facilities for newspaper or general printing unsurpassed by any office in the Colony. List of A GENTS for the. Jlawkes Bay Times, by whom Orders are received, ana from whom copies of the Paper may be obtained: — Clive—Mr E. BECK Havelock—Mr'GlßSON . . Waipawa-Mv E. BIBBY < Waipukurau—Messrs SMITH & Co,