Page 2 Advertisements Column 2

Temuka Leader, Issue 1030, 14 November 1882, Page 2

PROSPECTUS OF THE LINSEKD, OIL, CAKE AND FIBUK 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 : 5s 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 quircments of the Company demand. Provisional Directors : R A Barker, Esq T H Trezize, Esq John Talbot, Esq TV. Postlethwaite, Richard Turnbull, Esq, M H.R. Esq, M.H.R. J Guild. Esq SDBarker, Esq, J.P. W Murray, Esq J S Hayes, Esq,M.D. DL In wood, Esq J H Sutter, Esq, J T M Hay hurst, M.H.R. Esq John Paterson, Esq RK Parkerson, Esq W Lyon, Esq. G Woodbead, Esq. Solicitor : Mr W. G. Aspinall. Secretary : Mr J. Ash well, Bankers : The Bank of New Zeal.md, Temuka. Broker : Mr K. Sando. Office : Temuka. The Company is projected to manufacture European Flax: icto Fibiv, Rope, Twine, Oil and Cake. There b» at present a large and increasing demand for fibre, in the shape of rope, aud 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 reasonably be expected ve>-y shortly to be exceeded considerably, rot, to mention the other numerous applications for which the fibre may bp utili ed. It is anticipate! that the manufacture of Oil will be one of the m"st lucrative operations of the Com; any. The quantity of Oil imported into New Zea'and last year was 229 029 gallons, coMing £33,385. It will therefore be eeen that the demand for this substance for painting and other industrial purpose* is pndicully unlimited. It may be uowd tint there is a protective customs duty on Oil of fid per gallon ; also that the'G-overn-menfc offor a bonus of £SOO for the first ten thousand gallons. After the expression of Oil from the the residual product, or cake, is of considerable value for fatteuing btock, and commands a price at home of £L2 per ton. It would therefore pay to export, if the local demaud was not equal to the supply. It is proposed to ob'ain machinery with the latest improvemenie, capable of placing 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 wdl find it idvantagtous to cultivate European Flax -directly, by the uniformly lemunerative market for the raw material, and indirectly by the reduced price of locally-manufactured products, compared with tbe imported article. The promoters have no hesitation in recommending the Flax industry as a most Drofitable enterprise to both il-ix-growers and shareholder. 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 tbo Arts will undoubtedly Je id, at no distant date, to the establishment of other kindred industries. 9no AND T) LANTEJT 1 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 aud Laugtry Shapes. COSTUMES In Cashmere, Beiges,' Ginghams, Print, etc. All well trimmed, CASHMERE DOLMANS. BROOHE, SILKJand SATJtf JACKETS and VISITES—Grand Value. COHSETS. 950 Pair, all new, including Dr Warner's CHENILLE CAPES and FICHUS. INDIAN MUSLIN, TIES AND SQUARES For the Neck, quite new. ALSO—- '» BALES CARPETS A CASES FIRST QUALITY 4 LINOLEUMS. A BITES AND T) LANTE VICTORIA HOUSE, TIMARU.