Page 3 Advertisements Column 6

Thames Star, Volume XIV, Issue 4457, 18 April 1883, Page 3

-Calls * ■ v^y ■ KAIUKA GOLD MINING COM.: PANY <LiMiTßi>). . :. A CALL of 3d per Share on the Company'! Capital haß This Day been made by the Directors, payable to the Manager, at the Company's Office, New Zealand Insurance Buildings, Auckland, on WEDNESDAY, the 9th day of May, 1883. D. On MacDokkbiii, Manager. Auokland, 16th April, 1883. 1409 Frospeetus PROSPECTUS OF THE ; AUCKLAND SHIPPING COMPANY" (Limited). CAPITAL ... ... ... £150,000; In 30,003 Shares o' £5 Each. The Capital is to be called up arijllows : 60 per share on application, 6s per share on' allotment, 5s per share at interrals of three months, as required, until £3 per share is .p»id up. PbOVISIOXAIi DIBXCTOBS: Anderson, H. F.,Esq. Morton, H. 8., Esq. Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H. P., Esq. M.H.R. Carr, K. C, Esq. McKenzie, D. E , Esq. Chambers, Jno., Esq. Masefield, T. T., Eeq. Craig, Joe., Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W,, Esq. Gedd. s, J. M., Esq. Porter, A., Eaq. -Hardy, J. Esq. Stone, C. J., Eaq, Hulme, Gteo., Eiq. Stone, C. 8., Esq. Harper, Gteo., Eeg. Tonks, 8., Eiq. Hull, W. F., Esq. Wilson, J. h, Esq. BbokxbS: Brokers' Aisooiation. Managing Dibxotob: C. B. Stone, Esq. Secektaby, peo ibm. : J. C. Berger. The object of this Company is to provide to mage suitable to the growing trade of the Port of Auckland, ao that the imports and exports of our city may be as much as possible carried in locally owned VESSELS, and the shipping business carried on by a pukeTiY LOCAL COMPLY. Tho ates of freights current in this colony compare met favorably with those ruling in neigh Coring colonies, and are as a rule sufficiently remunerative to leave a good profit, trading h nee eit er foreign or intercolonial. ( The acknowledged daily increasing commermercial itn ortance of Auckland is a source of gratificatio: , and the shipping trade, under skilful management, and with sufficient capital, would meet with speedy and great development with many parts of the World; with which we are at present not in absolutely direct communication. The object of this Company is to provide yvssels to trade in the directions already opened, and others which may from time to time offer inducements. There is ample room for a well-organised new line between Auckland and London, Liverpool and Glasgow, with New York, and with some of the larger centres of Continental Enropean trades. Of course, Ihe large and increasing export of balk and sawn timber will form an important adjunct. A trade with Tasmania, Sydney, Melbourne, Adelaide, &c, beiDg alreat y established could easily be continued with regularity, whilst the Newcastle and Gr<?j mouth coal trades should be also provided for. There is a vaßt field in prospective for a good trade with An erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and numerous foreign porle, with some of which, even at the present moment, a profitable direct trade is being carried on in a desultory manner, and which would find^ support from the new industries lately established' here and in pr spective establishments. The Company do no* propose to limit themselves to running their own vessels, but will from time to time charter vessels when required, in the event of their own not being immediately nvailable. Messrs Stone Bros., who have for some time carried on a pood shipping business, and who have now fairly started a new London line, possess the nucleus of a'fleet suitable for commencing operations, and arrangements have been made to take over heir vessels and the ' goodwill of their shipping business for the sum. of thirty thousand six hundred and fifty pounds (£30,650), they taking half the amount in Company's shares. Their fleet, consisting of 8 vessels, with aggregate tonaage of 2642 tons, should be augmented as soon as possible, so that the business maybe extended without delay, especially the London and American branches. The servic s of Mr C. B. Stone, as managing director, and the staff at present under his control, who are experienced in this line of business, have been secured to take office under the new Company. It is further proposed that (he working expenses should be conducted on strictly economical principles, the expense of agencies and branches to be defrayed out of commissions on the actual freights earned by those branches. The proposed capital is set down at £150, 000. but aa only a small portion is required at present for the purchase of the existing fleet and contingent expenses, further capital will not be called up unt 1 vessels suitable for the London and other trades may offer for sale at 1 easonahle prices, until which time it is proposed to charter vessels aa required to supplement the present fleet. It is proposed to invite all' Auckland bußi-ness-men and all who may have any interest in the trade of our port to take Shares in this local Company, and to give the undertaking every possible support. The Company would thus be in a measure self-supporting, and strong enough to compete most successfully with any" outs de or foreign company or foreign shipping. The Company could then not (ail to be a credit to our port, and a moat lucrative investment to Share-holders. The promoters having every confidence in the success of the undertaking, now appeal to the public to ensure it by subscribing freely for Shares. . LIST OF VESSELS. Tons Register Laira, Iron Barque ... ... 492 Alcestis, Iron Barque ...... 393 Stanley, Wooden Brigantine ... 851 Parnell, Wooden Brigantine \ ... 348 Caberfeidh, Wooden Barque ... 333 Peerless, Wooden Brigantine ... 292 Bella Mary, Wooden Barque ... 244 Energy, Wooden Three-masted Sohooner ... ... ... 185 2642 An extract from the Books of Messrs Stone Bros, shows that seven vessels of the value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of charge for Insurance on Hulls. These figures serve to shew that with a larger fleet, extended business, and more capital, substantial dividends may confidently be anticipated. 1400 ROENNAU'S Chests of Drawers and Chiffoniers are still the Admiration.— Tables from 7» 6J each. ... Tke b<;it lent of ihe interest of a book is iti capability of being read i» Moond time, ditto for 8» XiA,