Companies found to be of so superior a quality for mat 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 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 tho stockholders at par in proportion to the shaves 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 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 stato 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 te manufacture iron from ironsand in payable quantities without them, thus securing to the Company a virtual monopoly. Of the first allotment of shares Messrß Chambers and Gardner will receive for their New Zealand patents 3000 shares paid up to £4, and in future allotments of shares up 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 intei'vals of not less than three months after the last call j but it is not anticipated that it will be necessary to call up more than £4s 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 irom 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. General Notices THE BEST IS THE CHEAPEST! . THE FINEST Currants. Raisins, ANI» FRU ITS AT M CGO WAN'S. DRIED APPLES, and the celebrated ting Packing Co.'s JELLIE3 by Mail Steamer. CHEESE at Auckland Prices. HAMS: Canterbury, lid. and la. per English, Ib. 2d. per Ib. Possessing certain facilities in the selection and purchase of Goods, all who favor me with their orders will have the best attention paid to their intereets, my efforts being always directed towards supplying the Best Abtiole at the SMALLEST PROFIT, to induce a speedy leturn of the money. Odd Cups, 2d. Baskets, Travelling JBage, Kits, and Boys School Bags CHEAPER THAN EVEB. All Thames Manufactured Goods at Makers' Prices. Maize, Fowl Wheat, and PboDuob Genebally. 1 Ed, 3s per Ib. Try it—get your friends to try it. This is a speciality—care, judgment, time money are all made subservient to the production of 3s. TEA. "That Husbaid of mine i« three times the man he was since we hire been using MoGowan's 3«. TEA. A FACT FOR TBIAL. 3 s TEA. THAMES GALVANISED IRON WORKS AND COLONIAL OVEN MANUFACTOKY. GEORGE~McC\UL, IMPOETEK and MANUFACTUEEE, Bbowh and Davy Stbebib, THAMES. FOR SALE, v MANGLE with a gooBusiness.—Apply to Mrs Baxbb, Rol leeton street. Thu difference between a G-ent and a Gentle man . The Gent turns up what ho "has for a nose and aajt, Oh, Ah. The Gentleman walks into MoGoWAN's and says, Mao give me a pound cfjyour Tba, and tend for order •very weak
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https://paperspast.natlib.govt.nz/newspapers/THS18830518.2.23.3
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Thames Star, Volume XIV, Issue 4483, 18 May 1883, Page 3
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796Page 3 Advertisements Column 3 Thames Star, Volume XIV, Issue 4483, 18 May 1883, Page 3
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