Page 2 Advertisements Column 3

Temuka Leader, Issue 1028, 9 November 1882, Page 2

PROSPECTUS OP THE Temuka linseed, oil, cake AND FIBRE COMPANY, (Limited), To be incorporated under The Joint Stock Companies Act,” and Acts amending the same. CAPITAL, £IO,OOO ; in 2000 Shares of Five Pounds each. To be called up as follows : os per Share on application ; 5s per si'.are on allotment ; the balance in Calls of not more than 10s per Share, at intervals of not less than three months, as the re quiremeuts of the Company demand. Pro vision ai R A Barker, Esq John Talbot, Esq Richard Turnbull, Esq, M.H.R SDBarker, Esq.J.P. J S Hayes, Esq,M.D. J H Sutter, Esq, M.H.R. John Paterson, Esq W Lyon, Esq. Solicitor : Mr Directors : T H Trezize, Esq W, Postb'tii waite, Esq, M H.R. J Guild. Esq W Mui ray, Esq D L In wood., Esq J T M Hay hurst, Esq RK Parkerson, Esq G Wood head, E-:q. W. G. Aspinall. Secretary : Mr J, Ash well, Bankers : The Bank of New Zealand, Temuka. Broker : Mr K. Sando, Office : Temuka. The Company is projected to manufacture European Flat into Fibre, Eope, Twine, Oil and take. Tnere is at present a large and increasing demand for fibre, in the shape of rope, and binding and other twine. £44,429 is annually expended in importing binding twine and cordage. Owing to the replacement of wire by twine for binding purposes, this amount may reasonably be expected very shortly to be exceeded considerably, rot to mention the other numerous applications for which the fibre may be utili ed. It is anticipated that the manufacture of Oil will be one of the most lucrative operations of the Com’any. The quantity of Oil imported into New Zea’and last year was 229 029 gallons, costing £33,383. It will therefore be seen tbat the demand for this substance for painting and other industrial purposes is practically unlimited. It may be noied that there is a pro'ective customs duty on Oil of fid per gallon ; also that theKJovernment offer a bonus of £SOO for the first ten thousand gallons. Alter the expression of Oil from the Seed, the residual product, or cake, is of considerable value for fattening stock, and commands a price at homo of £l2 per ton. It would therefore pay to export, if the local demand was not equal to the supply. It is proposed to obtain machinery with the latest improvement, capable of pLcing the above-mentioned products in the market at the lowest possible cost. It is anticipated that the supply of raw material will yearly increase, as doubtless the farmers of the district will find it i dvantagi - ous to cultivate European Flax —directly, by the uniformly remunerative market for the raw material, and indirectly by the reduced price of locally-manufactured products, compared with the imported article. The promoters have no hesitation in recommending the Flax industry as a most profitable enterprise to both flax-growers and shareholders. The incalculable advantages to the district of an industry of this nature in our midst cannot fail to bo patent to all, and the numerous applications of flax fibre in the Arts will undoubtedly lead, at no distant date, to the establishment of other kindred industries. 9no

QA BITES AND pLANTE. VICTORIA HOUSE, TIMARU, JUST OPENED—Ex Mail Steamers Sikh, and Zealandia— n CASES NOVELTIES. CASES NOVELTIES. TENNIS HATS (Ladies’) Light and Graceful, all colors. STRAW HATS In the fashionable Stewart and Langtry Shapes. COSTUMES In Cashmere, Beiges, Ginghams, Print, etc. All well trimmed, CASHMERE DOLMANS. BEOOHE, SlLK ’and SATIN JACKETS and VlSlTE3—Grand Amine. CORSETS. 950 Pair, all new, including Dr Warner's Patent. CHENILLE CAPES and FICHUS. INDIAN MUSLIN, TIES AND SQUARES For the Neck, cpiite new. ALSO—BALES CARPETS 4 CASES FIRST LINOLEUMS. QUALITY Q_ABITES AND pLANTE VICTORIA HOUSE, TIMARU.