Page 3 Advertisements Column 4

Thames Star, Volume XIV, Issue 4481, 16 May 1883, Page 3

-■■■■■■■■■" Companies found to be of so superior a quality for mak ing high-priced steel that the whole of it is consumed by that branch of industry, and the price paid would yield us a large profit. India, China, Japan, and San Francisco-open fields for exportation, which we may shortly hope ; to compete for, as our location is most favor- j able for them as a basis ef supplies, and at certain seasons of the year freight cr.n be had I at a merely nominal rate; and a speedy enlargement of the works, as the requirements of the trade may demand, is provided for in the 28,000 unallotted shares. These shares, when allotted, will be offered to the stockholders at par in proportion to the shares held. This Company will take over the cousessibns obtained by Messrs Chambers and Gardener, consisting of 1000 acres of land, and four miles of foreshore on the North Head and two miles of foreshore on the South Head of Manukau Harbour, and three miles of foreshore at Taranaki, which will supply all the ironsand necessary for many years to come. No other place on the West Coast offers such facilities for cheap coal and ready, transportation of the finished product as Onehunga; as, from its location we can ship from either the East or West Coasts, and from the North Head the sand can be put in barges at any state of the tide or ! weather, without going outside the Heads, and brought to our own wharf. These considerations make these concessions particularly valuable, while the lease at Taranaki will be available for the manufacture of charcoal iron, as a good quality of charcoal can be obtained in that district at a reasonable price. The New Zealand Government has offered a bonus of £1000 for the first 200 tons of wrought iron blooms, and an additional £1000 for the 200 tons of pig iron manufactured from ironsand, which this Company will secure. The patents owned by Messrs Chambers and Gardner are so essential to the manufacture of iron by the direct process, that it is impossible to manufacture iron from ironsand in payable quantities without thorn, thus securing to the Company a virtual monopoly. Of the first allotment of shares Messrs Chambers and Gardner will receive for their New Zealand'patents 3000 shares paid up to £4, and in future allotments of shares np to 40,000 in all, 25 per cent, of such allotments paid up to £4. 9000 shares are at present offered to the public, payable as follows:—10s on application, 10s on allotment, and 20s at intervals of 3, 6, and 9 months, the remaining 20s at intervals of not less than three months after the last call; but it is not anticipated that it will be necessary to call up more than £4 pci 1, share. In view of the many advantages which we possess—a large and constantly growing market at our doors, and separated by so many miles from its present base of supplies, a practically unlimited supply of ironsand, suitable coal at a low price close at hand, and the cheapness of our working—we have no hesitation in offering the shares of this Company as one of the safest and most profitable investments which has ever been before the public. Drapery -NOTICE.----r HAVE JUST OPENED UP A Heavy Shipment of WINTER GOODS, Per ship " Waewiok," from London. Also, Per ship " AfcIGTTA," from London, T HAVE RECEIVED '— A — Second Shipment OF WINTER GOODS Which I am Now Openirig Up. INSPECTION INVITED, 1 ■ ■ S. Hetherington, DRAPER, l&c, POLLEN STREET. fiCKIPT BOOKS oi aLLkinds, a ornt niental tcript tatter «t t.h* Hvnrixo Ths difference between a Q-ent and a Gentle man .—The Gent turnt up what he has for a note and says, Oh, Ah. The Gentleman walk* into McGowam's and says, Mao give me * pouad of; your Tsa, and send for order «ftry wttk