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JPitblio jN'oiioos. Pll 0 S P E 0T U S ' OF TUB Ashburton WOOLLEN FACTORY Company (Limited.) CAPITAL—£2S,OOO, in 5000 Shares of £5 each. , Ten Shillings on Application ; Ten Shillings on Allotment; and the Balance at intervals of not less than Three Months. Solicitor: E. G. Crisp. Secretary, pro tern: S. E. 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 laud for the purpose of working the machinery. Efficient machinery, to the value of £ISOO, Las 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 IGi 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. 3. That the present New Zealand factories have met with great success, but at the same time arc quite inadequate to the task of supplying the increasing demand ; and 4. That the proposed 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 public, - Objection might be taken to the smallness of the proposed capital as insufficient for carrying on the business on a lucrative scale, but the Provisional Directors after full 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 am established fact, any capital required for a more extended business could be 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. . Prospectus and Forms of Application may be obtained from W. B. WHITCOMBE, Broker Timaru. HORSE CLOTHS 1 HORSE CLOTHS BUY your Horse Cloths from J. TBIST, first maker of. Horse Cloths in New Zealand, The best quality and lowest price. Opposite Moss Jonas . Auctioneer. EY OUR P LANTATION CEYLON COFFEE, Roasted and Ground on the premises daily and admitted by conuiscurs to be superior to any other. TRY OUR PACKET TEA, W A mixture of India and China Tea in , those proportions, : which from experience, we have found to - give general satisfaction.' J. ANDERSON & CO.: GROCERS, (co, South Road, Timaru. TIMARU PLUMBING AND PAINTING WORKS. (Opposite New Post-office) W.' H~ :A ‘‘ Y ' PLUMBER, GASFITTBB, BELLUANGER, PAINTER, GLAZIER, AND PAPERH ANGER. Scrim, Tacks, &c. Fountains, Greenhouse Fountains Lawn Beef 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 , ' Plato 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 improve- , meats. BELLS—Electric or Wife Bolls fixed up on the most approved principle. Estimates given for Work in Town or CountrySole Agent in Timaru and District for Green and Co.’s Patent Self-acting Cindersifting Ash Closet s. ESSES TAYLOR AND FLATMAN are appointed Agents for the Sooth Oahtebbdbt Times, and copies may bo obtained from them Every Evening. WAIHI BUSH SAW MILLS mAY LO R AND Fh A TMA K JL beg to announce to their numerous customers that thc> arc DOING SAWN TIMBER. POSTS, Ac,, AT PRICES TO MEET THE TIMES. All orders entrusted to th?m will receive their best Prices can bo obtained at the Geraldine Hotel, or at the Mills Waih Bush Cast-iron Enamelled Ba.tlis' Plate Zinc Baths Galvan is e d-i r on . Baths ■ Sheet Lead Baths Shower Baths Head, Cast-iron, and Earthenware Urinals Water Closets with latest improvements Pumps, Lift & Force ScQ» Wire Bells Electric Bells .Black and Galvanised Pipe Sheet Zino

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18820506.2.28.5

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2844, 6 May 1882, Page 4

Word count
Tapeke kupu
795

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2844, 6 May 1882, Page 4

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2844, 6 May 1882, Page 4

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