Page 1 Advertisements Column 1

Oamaru Mail, Volume III, Issue 770, 11 October 1878, Page 1 (Supplement)

Hor.LOWA.Y'3 Piixa.—Stomach, Liver, ond Bowels.—There is nothing hurtful in the composition of these purifying Pilla—nothing that con injure the most delicate constitutions. They improve the appetite, quicken the energies of the stomach and liver, and regulate the bowels. They thus become the sureot safeguards against indigestion, and the safest promoters of the body's growth action on every internal organ, and they re- ' gulate every disordered or debilitated function. They are natural and, therefore, efficient purifiers and correctives. Few unhealthy conditions of the stomach or digestive apparatus can withstand the accumulative healthy influence obtained over the whole frame when these pills are judiciously and perseveringly taken by invalids. — A DVT.]

PROSPECTUS PROSPECTUS. E W ZEALAND RA T I". W \ V WAGGON COMPANY, LI MT M .;;. In 10,000 shares of £lO each, of which it is proposed to call up £5. viz. : —sh on application ; 5s on allotment ; and the balance in calls of 10s each, at intervals of not less than three months. Peovisign-al JJIRECTOTi.S. G. G. Russell (National Mortgage mid Agency Company of N.Z.) Henry Drivei, M.H.R. (New Zealand Loan and Mercantile Agency Company) W. H. Cutten, M.H.R. John Davie (M'Landress, Hepburn, and Co.) James Mills (Union Steam Ship Company of New Zealand) William Evans (Timaru) | John M'Onigor, C.E. Jame.i P, Maitland (Commissioner of Crown Lands) Walter Guthrie (Guthrie and Larnach'a New Zealand Timber and Woodware Factories Company, Limited) P. C. Neill (Neill and Co.) T. S. Graham (Ring, Harris, and Co.) Allan Holmes (Solicitor) BUSKERS: National Bank of New Zealand, Limited. Solicitor : A. Holmes. Rkokek : J. A. Mackenzie. This Company is promoted with the view

j of supplying the great and increasing want of rolling stock on the Government railways. It is a well-known fact that, ever since the , railways in this island have been opened, ' the supply of trucks has been quite insufficient for the needs of the system ; and as ' the lines are extended, and the traffic increases, the evil is becoming more and more • sen..usly felt. , All classes using the railways for the > transmission of goods, grain, minerals, &c, ' I )•• -.-ft already suffered more or less incon- , : aience and loss from this cause, and will : jiitinue to do so even more severely, unlesss > : .steps are taken at once to remedy this state '■ \ ...f matters. Already the Government rolling stock is ' greatly overtasked, and with the completion 1 of the main line between Christchureh and ' Imercargill, and the branch lines now in 1 course of construction, will be still more so ; and it is quite certain that, owing to the heavy expenditure necessary to complete the lines at present being constructed, the proi per equipment of the various lines with rolling stock will be even more neglected in the future than in the past. There has been an inclination on the part of individuals to attempt to supply their special wants by providing their own trucks, but with no result, as the matter is one which can only be satisfactorily dealt with as a special line of business. Exactly the same state of affairs has been developed in England, the capital of the original companies has proved insufficient to maintain a proper supply of rolling stock in their lines, and individuals have been unable to supplement the defeci. Consequently, a large number of Waggon Companies have been started, which are now tending to engross this class of business into their own hands, with, in nearly all cases, very satisfactory results. The present Company is intended by the Provisional Directors to occupy exactly the same position as the English Waggon Companies, The project has been submitted to, and after careful investigation, approved of by, the Government, and in order to offer private enterprise sufficient inducement to undertake this necessary work, it has been agreed to alter the rates of freight, so that goods carried in the Company's waggons will be allowed a rebate equal to one penny per waggon per mile. The above rebate has been fixed for a period of five years, but should the Government not be willing to extend it, they are to purchase the waggons of '• the Company at their then value. ' The business of the Company will be the building of railway and tramway rolling ] stock of every description, and selling or , leasing the same to the Government, private • railway companies, mineral companies, graia I, merchants, and others. \ The profits made by companies engaged in ] this class of business in England are very large. A statement extracted from Financial 1 Opinion, of May, 1870, is appended, show- c ing the value of shares in a number of these