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Business Notice, EL IS S, s, 3S /- id i, 11 L >. Keknohan,MoOahon& Co o General Storekeepers, PRODUCE AND PROVISION MERCHANTS, &o. , THE CASH STORE, ' NORTH STREET, I ‘ r OPPOSITE BUTLER STREET 1 ' TIMABU. The Best and Cheapest House in Town for all hinds of Coeds. Prospectus OF THE Temuka Linseed, Oil, Cake, and Fibre Company (LIMITED), To be incorporated under “ The Joint Stock Companies Act ” and the Acts amending the same. CAPITAL .. £IO,COO In 2000 shares of Five Pounds each, to he called up as follows -os per share >an application ; 5s per share on allotment; the balance in Calls of not more than 10s per share, at intervals o! not less than three months, as the requirements of the Company demand. Provisional Directors: R. A. Barker, Esq. John Talbot, Esq. Bichard Turnbull, Esq., M.H.R. 8. D.Rarker.Esq. J.P. J. S,Hayes,Esq,M.D. J. H. Sutter, Esq., M.H.R, John Patterson, Esq. W. Lyon, Esq. Solicitor : Mr Secretary; S T, H, Trezize, Usq. W. Postletijwaite, Esq., M .h.B. . J. Guild, E, S q. W.HHurr- y, Esq, D. L: Ir ,-wood. Esq. J. T. Hayhnrst, Er , q . R. K. Parkerson,Esq GL V/oodhead, Esq.. Aspinall. t J. Ashwell. Banks' rs ; The Bank of New /Zealand, Temuka. Broker ; V lr k. Sando, Offic® : Temuka. The Company- ; s projected to manufacture European Flax into Fibre, Rope, Twine, Oil and. Cake. There is at present a large and r ncreasing demand for fibre, in the shape v ,£ rope, and binding and other twine. £ ,44 t 429 is annually expended in importin'g binding twine and cordage. Owing i j 0 the replacement of wire by twine for bidding purposes, this amount may reaso" nably be expected very shortly to be excf ,eded considerably, not to mention the ier numerous applications for which the fi ore may be utilised. It is anticipated that the manufacture of Oil will be one of the moat lucrative operations of the Company. The quantity of Oil imported into New Zealand last year was 229,029 gallons, costing £33,385. It will therefore be seen that the demand for this substance for painting and other ! industrial purposes is practically unlimited. It may be noted that there is a protective customs duty on Oil of 6d per gallon; also that the Government offer a bonus of £SOO for the first ten thousand gallons. After the expression of Oil from the Seed, the residual product, or cake is of considerable value for fattening stock, and commands a price at home of £l2 per ton. It would therefore pa;y to export, if the local demand was not equal to the supply. It is proposed to obtain machinery with the latest improvements, capable of placing the above-mentioned products in the market at the lowest p ssfble cost. It is anticipated that the supply of raw material will yearly increase, as doubtless the farmers of the: district will find it advantageous to cult ivate European Flax —directly by the uniformly remunerative market for the raw material, and indirectly by the reduced price or* locally manufactured products, compa ,red with the importeda rticle. The promoters .have j ao hesitation in recommending the Flax industry as a most profitable enterprise 1 ;o both Max-growers and shareholders. The i incalculable advantages to the district of an industry of this nature in our midst cai mot fail to be patent to all, and the numerous applications of Sax fibre in the Arts wi ill undoubtedly lead, at no distant date, to the estab ishment af other kindred indusi hies. 1 ( ( I i i t |k/r ONEY TO LENI ) Advances also ir lade on any approved leourities, W, G.JBEBWICK. Sutter’s Buildings, 20tb September 1882.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18821202.2.30.3

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 3021, 2 December 1882, Page 4

Word count
Tapeke kupu
606

Page 4 Advertisements Column 3 South Canterbury Times, Issue 3021, 2 December 1882, Page 4

Page 4 Advertisements Column 3 South Canterbury Times, Issue 3021, 2 December 1882, Page 4

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