Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4466, 28 April 1883, Page 4

; Prospectus PROSPECTUS OP THE j AUCKLAND SHIPPING COMPANY (Limited). i CAPITAL £150 000, In 30,000 Shares of £5 Each. The Capital ia to be called up aB follows: 5s per share on application, 5s per ekare on I allotment, 5s per share at intervals of three months, as required, until £3 per share is paid up. . Provisional Dibbctobß: Anderson, H. P., Esq. Morton, H. 8., Esq Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H. P., Esq. M.H.R. ' Carr, R. C, Esq. McKenzie, D. H., Esq. Chambers, Jno., Esq. Masefield, T. T., Eeq.. Craig, Jos, Esq. Nathan, A. H., Esq; Dewar, A., Esq, Owen, G. W., Esq. decides, J. M.', Esq. Porter, A., Esq. Hardy, «T. Esq. Stone, C. J., Esq. Hulme, Geo., E?q. Stone, C. 8., Eeq. Harper, Geo., Esq. Tonks, 8., Eeq. Hull, W. P., Esq. Wilson, J. L., Esq.; / ■.""■'■.■ ,Bbos:ebs: Brokers' Association. Managing Dibectob: C. B. Stone, Esq. Seoeetaet, fbo tern. : ■ J» G. Berger. : The object of this Company is to provide tonnage suitable to the growing trade of the Port of Auckland, so that the imports and exports of our city may be as much as possible carried in iocailt owned vessels,- and the shipping business carried on by a ptjbbit IOCAL COMPANY. The rates of freights current in this colony compare most favorably with those ruling in neighboring colonies, and are as a rule sufficiently renmnerativfl to leave a good profit, trading hence either foreign or intercolonial. . The acknowledged daily inoreaßing.cpmmermercial importance of Auckland is a source of gratification, 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 vessels 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, fand with some of the larger centres of Continental European trades. Of the large and increasing export of balk and sawn timber will form an important adjunct. A trade with Tasmania, Sydney, Melbourne, Adelaide, &c, being already established, could easily be continued with regularity,' whilst the Newcastle and Gnsymouth coal trades should be also provided for. There is a vast field in prospective for a good .trade with A" erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and nnmerous foreign ports, 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 prospective establishments. The Company do not 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 available. Messrs Stone Bros., who have for some time carried on a good Bbipping 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 their 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 tonnage of 2642 tons, should be augmented as soon as possible, so that the business may be extended without delay, especially the London and American branches. The services 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 tor take offioo under the new Company. It is further proposed thai the working expenses should be conducted on strictly economical principles, the expense of agencies aud 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 oxpensos, further capital will not be called up unt Ivessels suitable for the London and other trades may offer for sale at easonable prices, until which time it is proposed'to charter vessels^ required to supplement the present fleet ■. ,w,' It ib 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. The Company would thus be in a measure self-supporting, and stroDg 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 most lucrative investment to Share-holders. The promoters having every confidence ia the success of the undertaking, now appeal to the public to ensure it by subscribing freely for Shar.B. LIST OE VESSELS. ' Tons Register Laira, Iron Barque ... ... 492 Aloes!is, Iron Barque ... „, 393 Stanley, Wooden Brigantine ... 351 Pamel^ Wooden Brigantine . ... 348 Caberfeidh, Wooden Barque ... 333 Peerless, Wooden Brigantine ... '< 292 Bella Mary, Wooden Barque ... 244 Energy, Wooden Three-masted Schooner ... ... ... 185 ' V\ 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 lo shew that with a larger fleet, extended business, and more capital, substantial dividends may confidently be anticipated. 1400 Slesinger's Celebrated Balsam, FOR the cure of Rheumatism, Gout Sciatica, Neuralgia, Sprains, etc. SLESINSffiB'S COUGH SYEUP, . For Sore Throats and Chest Affections, Coughs, Bronchitis. ALL OWNERS OF HORSES should keep SLESINGER'S COLIC or GRIPE DRINK; SLESINGER'S EMBROCATION, for Wounds, Bruises, Sprains, Rheumatism, Swellings. Also, CONDITION POWDERS, Blister Ointments, Worm Powders, Hoof Oil, Grease Ointment. Manufactured by S. SLESINGER, V.S., Dunedin. On Bale, at Dunedin Prices, by J. E. HAN SE N, {GROCER, POLLEN STREET. 10