Page 2 Advertisements Column 3

Temuka Leader, Issue 1031, 16 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 be 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 requirements of the Company demand. Provisional Directors : R A Bnrker, Esq IT H Trezize, Esq John Talbot, Esq W. PostU-thwmte, Richard Tnrnbull, Esq, M H.R. Esq, M.H.R. J Guild. Esq S D Barker, Esq, J.P. »V Murray, Esq J S Hayes, Esq,M.D. D L Inwood, Esq J H Sutter, Esq, J T M Hayburst, M.H.R. Esq ■John Pateraon, Esq R K Parkerson, Esq TV Lyon, Esq. G Wood head, Esq, Solicitor : Mr W. G. Aspinall. Secretary : Mr J. Ashwell, Bankers: The Bank of New Zealand, Temufca. Broker : Mr K. Sando, Office : Temuka. Ihc Company is projected to manufacture European Flax into Fibre, Eope, Twine, Oil and Cake. T* ere 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 m»y reasonably be expected very shortly to be exceeded considerably, rot to mention the other numerous applications for which the fibre may be utilised. It is anticipated that the manufacture of Oil will be one of the nicst lucrative operations of the Comt any. The quantity of Oil imported into Now Zealand last year was 229.029 gallons, costing £33,385. It will therefore be seen that, the demand for this subst-nce for painting ar.d other industrial purposes is practically unlimited. It may be noted that there is a protective customs duty on Oil of fid per gallon ; also that the .'Government off-r 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 homn of £l2 per ton. It would therefore pay to export, if tho 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 possible cost. It is anticipated that the supply of raw material will yearly increase, as doubtless the farmers of the district will find it udvantageoub 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 botb flax-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 Arts will undoubtedly lead, at no distant, date, to the establishment of other kindred industries. 9no

ABJ.TES AND T) LANTE ' VICTORIA HOUSE, TIMARU, "UST OPENED—Ex Mail Steamers U CASES NOVELTIES. CASES NOVELTIES. TENNIS HATS (Ladies') Light and Graceful, all colors. STRAW HATS In the fashionable Stewart and Laugtry Shapes. COSTUMES In Caslmiei'e, Beiges,' Ginghams, Print, etc. All well trimmed, CASHMERE DOLMANS. BROCHE, SILKIaxd SATIN JACK] and VISITES—Grand Value. CORSETS. 950 Piiir, all new, including Dr Warner's CHENILLE CAPES and FICHUS. INDIAN MUSLIN, TIES AND SQUARES For the Neck, quite new. ALSO—- -* BALES CARPETS { CASES FIRST QUALITY 4: LINOLEUMS. " pLA VICTORIA HOUSE, TIMARU.