Page 3 Advertisements Column 4

Thames Star, Volume XIV, Issue 4482, 17 May 1883, Page 3

: " ~" " " found to be of so superior a quality for mai ing high-priced steel that the whole of it ie 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 favorable for them as a "basis ef supplies, and at certain seasons of the year freight can be had :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 consessions 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 como. 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 ol 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 ifonsand, which this Company will secure. The patents owned by Messrs Chambers and Gardner are bo essential to the manufacture of iron by the direct process, that it is impossible to manufacture iron from ironsand in payable quantities withont them, 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 ,§OOO shares paid up to £4, and in future allotments of shares up to 40,000 in nil, 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 per 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 -NOTICEr HAVE JUST OPENED UP A Heavy Shipment of WINTER GOODS, Per ship " Wabwick," from London. Also, j Per ship " AsiGtTA," from London, i i T HAVE RECEIVED Second Shipment OF WINTER GOODS Which I am Now Opening Up. INSPECTION INVITED. S. Hetherington, DRAPER, [&c, POLLFN^STEEET. ■ ■ • ■ . i • BCEJPT BOOKS of all kind*, n omt i\ mental wript l««*r at th« Brnmra Thk difference between a Gent and a Gentl* man .—The Gent tarns up what he. hat for a nose and saya, Oh, Ah. The Gentleman walks into MpGpwAw's and says, Mao give me » pound of Jy our T»A, and tend for older mrywMk