Page 1 Advertisements Column 6

Thames Star, Volume XIV, Issue 4470, 3 May 1883, Page 1

Prospeetcui PR 0 8 P E C T~TT B OP THI AUCKLAND SHIPPING COMPANY < (Limited). CAPITAL £160.000, In 30,000 Shares of £6 Each. The Capital ii to be called up as follows: 6b per share on application, Si per share on all tment, 5a per share at interrals of three months, at require!, uatil £3 per share is paid up. Provisional Dibictobs: Anderson, H. F, Eeq Morton, H. 8., Esq. Aickin, Graves, Esq. Mitchelson, X., Esq., Barber, H. P., Eeq. M.H.R. Carr, K. C, Esq. McKenzie, D. H., Esq. Chambers, Jno., Esq. Masefield, T. T., Eeq. Craig, Job,,-Esq. Nathan, A. H., Esq. Dewar, A., Yfrq. ■ - Owen, Gh W,., Esq. Geddis.JT,&., Esq.' , Porker, A, Esq. Harrly, J. Esq.' , Stone, C. J., Esq. Hulme, Greo.;, E-q'i Stone, C. 8., Esq. Harper, Geo., Esq.' Tonts, 8., Eeq. Hull, W. F., Esq. Wilsonj J. L., Esq.; Bbokbbs: Brokers' Association. SiANAGINa DIKECTOB: C. B. Stone, Esq. Secbetabt, pbo tsm. : J. C. Berger. The object of this Company is to proride 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/ioCAiix owned tessem, and the . shipping business carried on by .a JUBBW LOCAL COMPANY. The Tatea of freights current in this colony compare, most favorably with those ruling in neighboring colonies, arid are as a rule sufficiently remunerative CA leave a good profit, trading hence eit er foreign or intercolonial. The acknowledged daily increasing comroermercial im ortacce of Auckland is a source of - gratificat'b'p, and the chipping 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, i - The object of this Company is;to provide | vessels to trade in tlio directions already opened, and others which may from time to time offeriodncoments. 1 ■ ' / . j ThereJs' am pie roo mfor a well-organised, ■ new line between Auckland and London, Liverpool and Glasgow, with.New York, and; with some of the larger centres of Continental- . European tredes. Of '.course, _ 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 establwhcd.could easily be con.tinued jw.ith.,. regularity* whilst fclifi Jfew.caetie and, G'wjmouih coal trades abouid b» also provided for. There is _a vast field in prospective for & good trade" with A ■ erica, Mauritius, China, Man ilia, Calcutta, The Cape, Noumea, and nnmerpus'foreign por.s, wi'h some of which, even at'the present moment, a profitable direct trade {s being carried on in a desultory < manner, and which would find support .' from (he" new industries lately established here and in prospective establishments. The Company do not propose to limit 1 themselves to running their own vessels, but ! will from 'time to time charter vessels when 1 required, in the event of their own not being immediately available. Messrs Stone Bros., who have for some time carried on » good shipping business, and who have now fairly started a ; ;'i^ew .London line, L M<sßßesß f £h.q of a fleet' suitable for comnuTOcing operations', and arrangements have beet? 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;^50), 'they taking half the' amount in Compa rr/'s shares. Their fleet, consisting of 8 vessel*) with aggregate tonnage of 2642 tons, should be augmented as soon as possible, so that the^'Mk'ineßs may be extended without delay, 'especially the London and American branches. ..,'.•• : The servic sof Mr^C.iß^ 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 tfeat the working ex- i penees should be conducted on strictly economical .{.finciples, the expense of agencies and a>ranehes to be defrayed put of comoatiHons on j |the «ctu*l freights earned by those branches. -'-. The propo*^ capital is set down at £150, OCQ, but as only » small portion is required at j presont for the purobase ,of thejexiating fleet | and contingent expenses," further capital will not be called up unt IVessels suitable for the London 1 and other trades may offer for sale at ■. erfsonaWe prices, until which time it is proposf dto veisels as required to supple- j i mont the-present fleet. = . ■ -i It is proposed to invite all Auckland busi-. Ness-man and &V- who may haye any interest in the trade oi out' port to take Bhares in this iocal Company, *ndio e giTe the undertaking ewery possible support. Ac Company would likas be in a measure tfil&»£P i porting, and «tawng enough to compete most successfully wdtk any outs :de or foreign company o* forejga chipping. The Company could J^eft not fail to be a credit to our port, and amok lucrative investment to Shareholders. The pramaJbers having every confidence in the success of tike undertaking, now appeal to tfte public to eß»iii;B it by subscribing freely for Shares. LIST OF VESSELS,. £.0113 Laws,,lron Barque ... ... 492 Alcesluis iron Barque 39S Stanley, Wooden Brigantine ... 351 Parnell, Woeden Brigantine ... 348 Caberfeidh, Woaden Barque ... 333 - Peerless, Wooden Brigantine ... 292 ! JBella Mary, Woodea Barque ... 244 Snergy, Wooden Thraa-masted Schooner ... w ... 185 2642 , An extract from the Books of Messrs £tQ&s 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 lor Insurance on Hulls. These fignres serve to shew, that with a larger fleet, extended business, and more capital,- substantial dividends may confidently be anticipated. • MQ9 OBNAMfINTAL Printinii, in colors, gold orbronie in • sty ihithyto nnobtain. able on the Thamef at th« If fliUril Bu» Oflet