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3?ul>lic Notioosi. T R OUE PLANTATION CEYLON COFFEE, Roasted and Ground on the premises daily and admitted by conniseurs to be superior to any other.. Y 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 & CO. GROCERS, &c, South Eoad, Timaru. PROSPECTUS OF THE 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. Provisional Directors-, Messrs E. G. Wright Messrs B, Saunders J, Wilkin, Christchurch H. Oram, Cnristchureh D. Thomas, Christ church J. Carter Thomas Bullock Joseph Clark M. Stitt C. E. Fooks F. Mayo J. Ward John Orr A. W. Parsons E. Friedlander D. McLean D. Olliver J, Ivesa D. Cameron D. Williamson A. Dawson S. Saunders W. Horne Bankers: Union Bank of Australia, Ashburton. Solicitor: E. G. Crisp. Secretary, pro tem: S. E. Poyntz. THE COMPANY is proposed to bo 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 factsl. 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. 3. 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 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 an established fact, any’ capital required for a more extended business could be obtained with greater ease and readiness. As the shaves 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. E. WHITCOMBS, Broker Timaru.

HOESE CLOTHS I HOKSE CLOTHS 1 BUY your Horse Cloths from J. TEIST, the first maker of Horse Cloths in New Zealand. The best quality and lowest price. Opposite Moss Jonas . Auctioneer. TIMAKU PLUMBING AND PAINTING WOEKS. (Opposite New Post-office) w. H E A L B Y ' PLUMBER, GASFITTBE, BELLHANGBR, PAINTER, GLAZIER, AND PAPBEHANGEE. Cast-iron Enamelled Baths Plate Zinc Baths Galva n i s e d-i r o n Baths • Sheet Lead Baths Shower Baths 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, G r ee nhouse • i Fountains Lawn Beer Engines Hose Pipes & Branch do with Eose for Gardens Gas Fittings Washhand Basins Cabinets Cast-iron Rain-water Pipes and Gutters Galvan ised-iron Bain water Pipes and Gutters Sheet Lead • Lead Pipes White Lead (Gen.) Oils and Colors GLASS—Sheet, Colored, Ribbed, Fluted' Rough Plate,Eollcd 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 oh 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. Singer Sewing Machines ON TIME PAYMENTS, 2s Cd PEE WEEK. Every Machine Warranted. Inspection Invited. Machines Repaired on the Premises. SINGER MACHINE DEPOT, Main South Road, (Next Gabites and Plante. J. C. BRUCE, Manager.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18820511.2.22.5

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2848, 11 May 1882, Page 4

Word count
Tapeke kupu
817

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2848, 11 May 1882, Page 4

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2848, 11 May 1882, Page 4

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