Public Notices. PEOSPEOTUS OR THE Ashburton WOOLLEN FACTORY Company (Limited.) CAPITAL—£2S,OOO, in 5000 Shares of £5 each. Ten Shillings on Application ; Ten Shil lings on Allotment; and the Balance at intervals of not less than. Three Months. Bankers: Union Bank of Australia, Ashburton. Solicitor : E. G. Crisp, Secretary, pro icm; • S. B. Poyntz. THE COMPANY is proposed to be formed for the establishment of a WOOLLEN FACTORY, for the purpose of providing a local market for wool grown in the district, of converting the wool into manufactured goods, and of selling such goods wholesale or otherwise, ; .The promoters have arranged for the. % purchase, at a reasonable price, of a suitable site with water power on the banks of the Ashburton river, about three quarter miles from the township, and arrangements have been made for the construction of a water race through the land for the purpose of working the machinery. Efficient machinery, to the value of £ISOO, has already been secured, which is capable of being worked by either steam or water power. Taking into consideration the following facts 1. That Woollen goods are imported Into the colony to a very large extent, on which freight and an import duty of per cent have to be paid. 2, That the same quality and description of goods can be manufactured here at less cost by using the locally produced wool. 8. That the present New Zealand factories have met with great success, but at the same time are quite inadequate to the task of supplying the increasing demand ; and j. That the p.oposed factory would have a great advantage in being situated in the centre of a large wool-producing district, the Provisional Directors feel that they may confidently submit this prospectus to the publ'c. Objection might be taken to the smallness of the proposed crp'tal as insufficient for carrying on the business on a lucra live scale, but the Provisional Directors afterf ull consideration of the matter, believe that they have taken the wisest course as independently of other reasons they believe that after the factory ,is in working order, and an established fact, any capital required for a more extended business could bo obtained with greater ease and readiness. As the shares have been fixed at a small amount, persons of limited means as well as capitalists, will be enabled to invest in the undertaking, which in the course of time is calculated to yield a good interest on invested capital, and at the same time establish a permanent industry in the colony, Asa large number of shares have already been applied for, early application is necessary. 1 Prospectus and Forms of Application may be obtained from W. E. WHITCOMBE, Broker Timaru.
HORSE CLOTHS 1 HORSE CLOTHS 1 BUY your Horse .Cloths from J. TRIST, the first maker of Horse Cloths in New Zealand. The best quality and lowest price. Opposite Moss Jonas . Auctioneer. try” OUE ... : PLANTATION CEYLON COFFEE, Roasted and Ground on the premises daily and admitted by conniseurs to b e superior to any other. TRY OUE PACKET TEA, A mixture of India and China Tea in those proportions, which from experience, we have found to give general satisfaction.. J. ANDERSON & .00. GROCERS, &o, South Road, Timaru. TIMARU PLUMBING AND PAINTING WORKS. (Opposite New Post-office) BA L E PLUMBER, GASFITTBR, BELLHANGER, PAINTER, GLAZIER, AND PAPERHANGER. Cast-iron Enamelled Baths Plate Zinc Baths Galva n i a e d-i r o n Baths Sheet Lead Baths Shower BaChs Lead, Cast-iron, and Earthenware Urinals Water Closets with latest improvements : Pumps, Lift & Force - &c. Wire Bells Electric Bells Black and Galvanised Pipe Sheet Zinc Scrim, Tacks, &c. Fountains, Greenhouse Fountains Lawn Beer Engines Hose Pipes & Branch do with Rose for Gardens Gas Fittings Washhand Basins Cabinets Cast-iron Rain-water . Pipes and Gutters Galvan ised-iron Rainwater Pipes and Gutters Sheet Lead Lead Pipes White Lead (Gen.) Oils and Colors GLASS—Sheet, Colored, Ribbed, Fluted, Rough Plate, Rolled Plate and Polished Plate cut to any size. WALL PAPER —A splendid assortment in stock and to arrive. BATHS—Plunge, Shower, Spray or Douche Baths fitted up with Hot, Cold, or Tepid Water, with the latest improvements, BELLS—Electric or Wire Bells fixed up on the most approved principle. Estimates given for Work in Town or Country Sole Agent in Timaru and District for Green and Co.’s Patent Self-acting Cindersifting Ash Closets, Messrs tailor and flatman are appointed Agents for the South Canterbury Times, and copies may be obtained from them Every Evening. WAIIIT BUSH SAW MILLS 11 AYL 0 R AND FLATMAN beg to announce to their numerous customers that the s ; are DOING SAWN TIMBER, POSTS, <feo., AT PRICES TO MEET THE TIMES. All orders entrusted to th?m will receive their best attention. Prices can bo obtained at the Geraldine Hotel, or at the Mills Waih Bush
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South Canterbury Times, Issue 2841, 3 May 1882, Page 4
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799Page 4 Advertisements Column 5 South Canterbury Times, Issue 2841, 3 May 1882, Page 4
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