Page 2 Advertisements Column 2

Temuka Leader, Issue 1029, 11 November 1882, Page 2

PROSPECTUS OF 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 bo called up as follows : os per Share on application ; 5s per share on allotment ; the balance in Calls of not more than 10s per Share, at intervals of not less than three months, as the re quirements of the Company demand. Provisional Directors R A Barker, Esq John Talbot, Esq Richard Turnbull, Esq, M.H. R T H Trezize, Esq W. Postleth waite, Esq, M H.R. J Guild. Esq SDBarker, Esq, J.P. W Murray, Esq J S Hayes, Esq,M.D. J H Suiter, Esq, M.H.R. John Paterson, Esq W Lyon, Esq. D L Inwood, Esq J T M Hay hurst, Esq R K Parkersoa, Esq G Wood head, Esq. Solicitor : Mr W. G. Aspinall. Secretary ; Mr J. Ashwell, Bankers : The Bank of New Zealand, Temuka. Broker : Mr K. Sando, Office : Temuka. The Company is projected to manufacture European Flat into Fibre, Rope, Twine, Oil and C'ake. There 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 bindi-g purposes, this amount may reasonably be expected ve r y 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 operation* of the Comi any. The quantity of Oil imported into New Zea’and 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 cn Oil of fid per gallon; also that the’G-overn-ment 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 pay to export, if Ihe local demand was not equal (o 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 possible cost, i It is anticipated that the supply of raw material wili yearly increase, as doubtless the farmers of the district will find it advantagtous 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 £1 ix-growers and shareholders. The incalculable advantages to the district of an industry of this nature in our midst cannot fail to be patent to all, and the numerous applications of flax fibre in the Art* will undoubtedly lead, at no distant date, to the establishment of other kindred industries.

AND J)LANTE. 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. Ail well trimmed. CASHMERE DOLMANS. BROCHE, SlLK|and SATIN JACKETS and VISITES —Grand Value. CORSETS. 950 Pair, all new, including Dr Warner’s Patent. CHENILLE CAPES and FICHUS. INDIAN MUSLIN, TIES AND SQUARES For the Neck, quite new. 6 ALSO—BALES CARPETS CASES FIRST LINOLEUMS. QUALITY a 4 BITES AND jpLANTE VICTORIA HOUSE, TIMARU. 9no