Page 2 Advertisements Column 1

Poverty Bay Standard, Volume II, Issue 116, 24 December 1873, Page 2 (Supplement)

A UCKLAND STEAM PACKET A COMPANY (Limited.) • Capital : £50,000 in 5,000 Shares of £lO each; £4 paid up on 3,213 Shares, leaving 1,787 unallotted now held by the Company. $ Directort ; William C. Daldy, (Chairman), John S. M'Farlane, T. Morrin, T. Bussell, J. Y. Stevenson, (of Archibald, Clark A Son.) At a meeting of Shareholders of the above Company held on Monday, November 3, it was unanimously resolved that the Directors be instructed to offer the unallotted shares to the public at a premium of ten shillings per share, or £4 10s to enable the Directors to purchase two or three steamers suitable for the Coasting and Island trade of this Port. The Directors of the Auckland Steam Packet Company have, with inferior and unsuitable boats, small capital, and bad times at our mines, been successful, and could have previously paid dividends. They have now paid a dividend of 10 per cent, for half year ending October 31,1873, and with every prospect of continuing to do so. Having sold the Comerang and Royal Alfred, the Directors desire to extend the Company’s operations with better and more suitable boats, and invite the public to enable them to carry out this object by subscribing £B,OOO more capital by taking up the unallotted shares. In accordance with the above resolution applications for shares will be received until noon December 31st, at the office of the Company, or through the Company’s agents at Gisborne and Napier. The Directors especially invite the co-operation of the inhabitants of Gisborne in this undertaking as it is the intention of the Company to put on a steamer of sufficiently light draught to enter the Turanganui River and to run her between Auckland, Gisborne, and Napier, as soon as it is possible ; the steamer to make as many trips as she is able to do in the month, thus keeping up a regular steam communication between the above ports and Auckland. After payment of dividends, and interest on overdraft, and writing off a large sum for depreciation, nett profits in 18 months since the Company was started, are £5,864 6s 6d, or 45 6 per cent, on the paid up capital, and 50 6 per cent, for the same period without including the dividend.

There are several aspects of this Company to which the Directors invite attention—1. It will pay good interest for capital invested as shown above. 2. Good Steam Communication will largely benefit the commerce and trade of the Province. Should a sufficient number of the unallotted shares now offered to the public not be taken up so as to enable the Directors to purchase two steamers suitable for the Coasting and Island trade the deposits will be returned on application. W. DODDER, Manager. GRAND EXCURSION TRIP ROUND THE MIDDLE ISLAND. The New Zealand Steam Shipping Company (Limited) purpose sending their Favorite Steamship the Stefe- “TARANAK I,” Z\N an excursion trip round the Middle Island towards the latter end of January or beginning of February next. It is proposed to start this trip from Nelson, at which port passengers from Auckland and Taranaki would join, and from this to call at Wellington, Lyttelton, Port Chalmers, Bluff, Port William (Stewart’s Island), Preservation Inlet, Milford Sound, and such of the other Sounds of the West Coast of the Middle Island as may be found desirable. The excursion will then return to Nelson, Wellington, Lyttelton, and Port Chalmers, landing passengers at their respective ports of embarkation. The complete tour of round the Middle Island thus completed will, it is anticipated, occupy about a fortnight. The steamer will be specially prepared and equipped for the occasion. The handsome and capacious fore-cabin will be fitted up in every respect equalling the saloon accommodation, while the latter will in preference be reserved to ladies. A double staff of stewards will be engaged, and neither trouble nor expense will be spared to ensure the comfort of passengers in a. style, never before attempted in New Zealand. No cargo will be carried, and the ship will be exclusively devoted to the purposes of the excursion as no other passengers will be taken during the trip. As the number of tickets to be issued will be limited by the number of berths in the ship, it will be necessary to make an early application to the various agencies of the Company. As soon as the required number of tickets is taken up, the precise date at which the excursion will leave will be published. Price of tickets, £l5. For all further particulars, apply to GRAHAM 4 00., Agents, Gisborne.