Page 3 Advertisements Column 7

Thames Star, Volume XIV, Issue 4458, 19 April 1883, Page 3

Calls ___ KABAKA GOLD MINING COMPANY (LIMITBD). A CALL of 3d per Share on the Company's Capital has This Day been made by the Directors, p»jable to the Manager, at the Company's Office, New Zealand Insurance Buildings, Auckland, on WEDNESDAY, the 9th day of May, 1883 . . D. G. MacDoknem,, v Manager. Auckland, 16th April, 1883. 1409 Prospectus PKOBPECTUS OF THE AUCKLAND SHIPPING COMPANY (Limited). CAPITAL £150.000, In 30.0C3 Shares o £5 Each. . The Capital is to be called up as f/Hows : 5s per share on application, 5s , per share on all)tmont, 5s per share at intervals of three months, as required, until £3 per share it paid up. Pbovisionat. Dibxcxobs: 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. H., Esq. Chambers, Jno., Esq. Masefieli, T. T., Etq. Craig, Jus., Esq. Nathan, A. H., Esq. Dewar, A., Hsq. Owen, €h W., Esq. . Geddts, J. M., Esq. Porter, A,, Eaq. Hardy, J. Esq. Stone, C. J., Ksq. Hulme, G-eo., £*q. Stone, C. 8., Esq. Harper, Geo., Esq. Tonkn, 8., Esq. Hull, W. F.i Esq. Wilson, J. L, Esq. Bhokbbs : Brokers' Aisooiation. MAKACUN& DIRECTOB: C. B. Stone, Esq. Secretary, pbo tbm. :" . . J. C B-rger. The object of this Company io to provide tonnage suitable to Hie' crowing trade of the Port of Auckland, so that the imports and ! exports of our city nviy be as much as possible carried io lOCALLT owned vessels, and the shipping business carried on by a PTTBBtiY iocal comp*nx. "■' . The »ates of freights current in this colony compare mo*t (avor^b\y with those ruling in neighboring colonies, aid are as a rule sufficiently remunerative to leave v good profit, trading lv nee eit er foreign or intercolonial. The acknowledged daily increasing commer* mercial itn_ ortauce of Auckland is a source of gratification, and t'e shipping trade, under skilful management, and with sufficient capital, would meet with speedy, and great development with many pirta of the World with which we are af pr<i:ent not in absolutely direct communication. The object of this Company is to provide vi'Bsela to trade in the directions already opened, and others wb'ch 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 larg r centres of Continental European trades. Of courts, ihe large and increasing export of balk and sawn timber will form an important adjunct. A trade with Tasmania, Sydney, Melbourne, Adelaide, &c, being alreaoj established could easily be continued with regularity, whilst the Newcaetie and Groymoutu coal trades Bhould be also provided for.

There is a vast field ia prospective for a good trade with An erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and nnmerous foreignppot,r t, wi h some of which, even at the present moment, a profitable direct trade is being curried on in a desultory manner, and which would find^ support from the new industries lately established here and in pnspeciive establishments.The Company do not propose to limit themselves to running t luir own vessels, but will from time to time charter vessels when required, in the event of tbeir own not being immediately available. ' Messrs Stone Bros., who hare for some time carried on a good shipping business, and who have nowfairly starfe-i h new London line,cossess the nucleus of ■• fl--et suitable for com* mencing operations, and arrangements have been'made to take over heir Teasels 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 tonnage of 2642 tons, should be augmented aa -soon as possible, so that the business maybe extended without delay, especially the London and American branches. , The seme a of Mr 0. B. Stone, as ma-mgiog director, and the staff at present under hi* control, who are experienced in this line of business, have been secured to take office under the new Company. It is further proposed that Ihe 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 as 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 untl vessels suitable for the London and other trades may offer for sale at easonahle prices, until which time it is proposed to charter vessels as required to supplement the present fleet. It is proposed to invite all Auckland busi-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. Ihe Company would I 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 fail to be a credit to our port, and a moit luorative investment to Share-holders. The promoters having every confidence in the success of the undertaking, now appeal to the public to ensue it by subscribing freely for Shares.

LIST OP VESSELS. Tons Register Laira, Iron Barque 492 Alceslis, Iron Barque 39 3 Stanley, Wooden Brigantine ... 351 Parnell, Wooden Brigantine ... 348 Caberfeidh, Wooden Barque ... 333 Peerlese, Wooden Brigantine ... 292 Bella Mary, Wooden Barque ... 241 Energy, Wooden Three-maeted Schooner ,". 185 , 2642 An extract from the Books of Mesara Stone Bros, shows that seven Teasels of the value of £25,000 yielded an average monthly profit of £530, equal to £6560 per annum, exoluaire of charge for Insurance on Hulls. These figures serve lo show that with a larger fleet, extended buaineaa, and more capital, aubatantial dividends may confidently be anticipated. 1400

T)OENNAU'S Gheato of Drawera and ±X Ohiffoniere are atUl the Admiration.— Tables from 7s 6d each.

The best teat of the interest of a. book »»*• capability of being md ja Moond time, ditto for to TIA. ' . . : ' .' t