Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4482, 17 May 1883, Page 4

Prospectms PROSPECTUS OV THE AUCKLAND SHIPPING COMPANY (Limited). CAPITAL .... £150,000,' In 30,000 Shares of £5 Each. The Capital is to be called up as fallows: 5b per sliare on application, 5s per skare on allotment, 5a per share at intervals of three months, ai require i, until £3 per abare is paidl «p. . ':- '"' Pbovisionai. Dibeotohs: Anderson, H. F.,Esq. Motton, H. 8., Esq.. Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H. P., Esq. M.H.R. Carr, R. C, Esq. McKenzie, D. X, Esq. Chambers, Jno., Esq. MaßefielJ, T. T., Erg,,. Craig, Jos., Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W., Esq. Geddeg, J. M., Esq. Porter, A., Esq. Hardy, J. Esq. Stone, C. J., Esq. Hulme, GeOj, Esq. Stone, C. 8., Esq. Harper, Geo., Epq. Tonks, 8., Esq. Hull, W. F., Esq. Wilson, J. L., Esq. Bbokbhs: Brokerb' Aisooiation. Mahaghno Dibectob: C. B. Stone, Esq. Skcbetabt, fbo tkm. : J. O. Berger. The object of this Company is- to provide tonnage suitable to the growing trade of the Port ef Auckland, so that the imports and exports of our city may be as much as possible carried in xooau-y owned vesseib, and the shipping business carried on by a PURELY liOOMj COMPiNY. The rates of freights current in this colony „, compare most favorably with those ruling in ''"' neighboriag colonies, and are as a rule sufficiently remunerative to leave a good profit, trailing hence eit er foreign or intercolonial. - -The acknowledged daily inoreasing commer* mercial inij. ortance 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, and with some of the larger centres of Continental - Enropean.trades. 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 established, could easily be continued with regularity, whilst the New- j castle and Greymouth coal trades should be also provided for. .' There is a vast field in prospective for a good trade with Atr erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and nnmerous foreign porls, 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 1 Company do not propose to limit themselves to running their own vessels, but ' will from time to time charter vsssels when required, in the event of their own not being immediately available. *'' Messrs Stone Bros., who have for some time carried on a good shipping 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 veseela and the ' goodwill of their shipping business for the Bum 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 servic s 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 to take office uuder the new Company. • It is further proposed thai the working ex- j penses should be'conducted on strictly economical principles,* the expense of agencies and branches, to. be-, defrayed out' of commisiionß 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 tne purchase of the existing fleet and contingent expenses, further capital will not be called tip Lsunt 1 vessels suitable for the Lonlon and pther trades may offer for sale at teasonable prices, until which time it is proposed to charter vessels as required t» 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 pur port to take Shares in this local Company, and to give the undertaking ,- every possible support. The Company would thru be in a measure self-supporting, and strong enotgh to compete moat successfully with any outsde or foreign company or .foreign, shipping. The Company could then . hot fail to be a credit to our port, and a most lucrative investment to Share-holders. , <The. promoters having every confidence in the Buocess of the undertaking, now appeal to the public to ensure it by subscribing freely for Shares.' ' . LIST OF VESSELS. Tons egisterl Laira, Iron Barque ... ... 492 Alceslis, Iron Barque - ... ... 39 j Stanley, Wooden Brigantine ... 351 Pared), Wooden Brigantine ... 348 Oaberfeiati, Wooden Barquo ... 333 , Peerless, Wooden Brigantine ... 292 . .'Bella Mary, Wooden Barque - ... 244 Energy, Wooden Three-masted *„. ■ Schoener ... 185 ..' . . . ; . 2642 ; An extract from the Books of Messrs Stone Bros, shows that seven vessels of the value of £26,000 yielded au average, monthly profit of £530, equal to £6360 per annum, exclusive of ..charge ior Insurance on Hulls. These figures servo lo vhow'ihat with a larger, .fleet, • extended business, and more capital, 1 substantial dividends may confidently be anticipated. . 1400 .-..- RTETLEY, POB&. ANi) GENERAL BUTCHER, PdIXEN STBBET, SHOBTLAND. FT. has much pleasure in informing his • Customers and the Public toat HE HAS DETERMINED TO ADD • ••• To his'present Business that of a GEN ERAL BUTCHER, ~ V And now offers' i "" ; .; FOE SALE— I -Ihe-BEST MEAT procurable in the! , District. , j t 'R9M>]bIBJ{B IKB A.DPBMS— i '•<■■'<■ frOLL'E N--S T B E E T,