Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4483, 18 May 1883, Page 4

Prospectus PROjSPECTUS OP THE AUCKLAND SHIPPING COMPANY (Limited). CAPITAL £150,000, In 30,000 Shares of £5 Each. The Capital is to be called up as fallows := 5s per share on application, 5s per share on all taunt, 5s per share at interval of three months, as require', until-£3 per share is piid up. PBOYiaiONAIj DIETOTOBS: Anderson, H. F-, Esq. Motion, H. 8., Esq. Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H. P., Esq. M.H.R. Carr, R. C, Esq. McKenzie, D. H., Esq. Chambers, Jno., Esq. MaßefieLl, T. T., EEq. Craig, Jos,, Esq. Nathan, A. H., Esq. „ Dewar, A., Esq. Owen, G. W., Esq. Geddrs, J. M., Esq* Porter, A., Esq. Hardyy J. Esq. Stone, C. J., Esq. ' Hulme.'Geo., E?q. Stone, C. 8., Esq. Harper, Geo., Esq. Tonks, 8., Eeq. Hull, W. F., Esq. Wilson, J. L., Esq. BBOKBBS : Brokers' Association. MANA&IN& DlBBCTOB: C. B. Stone, Esq. SXCBBTABT, PBO TBM.: J. C Berger. The object of this Company is to provide tonnage suitable to the growing trade of the Port of Auckland, so that the imports and exports of our city maybe as much as possible carried in xoCAXix owned vessels, and the shipping business carried on by a PTJBETiY IOOAI. COMPANY. The rates of freights current in this colony compare most favorably with those ruling in neighboring colonies, and are as a rule §uffi. ciently remunerative to leave a good profit, trading hence eit er foreign or intercolonial. The acknowledged daily increasing commer?. mercial im ortance of Auckland it a source of gratificat'on, and the shipping trade, under „ ikilful 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 inducoments. ' 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, he 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 Newcastle and Greymouth coal trades should be als® provided for. There is a vast field in prospective for-a good trade with An erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and numerous foreign ports, with some of which, even at the. present moment, a profitable direct trade is being carried ou in a desultory manner, arid" which" would find support from' the new industries lately established . here and in prospective establishments. The Company do not propose to limit themselves to running their own vessels, but will from time to time charter vessels when . required, in the event of their own not being immediately available. Messrs Stoao 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 iheir vessels and the goodwill of their shipping business for the sum ' 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 offioa under the new Company. It is~ further proposed that he working; expenses should bo conducted on strictiy economical principles, the expense of agencies and branches to be defrayed out of commissions on .the actual freights earned by those branches. Theprb'posed capital is eet down at £150, 000, but as only a small portion is required at „ .present for the purchase of the existing fleet 1 and contingent expenses, further capital will not be called up unt 1 vessels suitable for the London and other trades may offer for sale at easonableTprices, until which time it is proposed to charter vessels as required to supple* . ment the present fleet. It is proposed to invite all Auckland busi-neis-men and all who may have any interest in the trade of our port to take Shares in this local Company, and to give the undertaking every possible support. The Company would thus be in a measure self-supporting, and strong enough to compete moat successfully with any outs de or foreign company or foreign shipping. The Company could then , not foil lb be a'credit to our port, and a moit lucrative' investment to Sbare-holders. The promoters, having every confidence in ', the success of the undertaking, now appeal to the public to ensue it by subscribing freely for Slmrts. LIST OF VE3SELS. 1 ' ■ . ■ Tons egister"; Laira, Iron B uque ... .., 493 Alceslis, Iron Barque ... ... 39V Stanley, Wooden Brignntine ... 351 Jfarnell, Wooden Brigantine ... 348 Caberfeidh, Wooden Barque ... 333 . Peerless, Wooden Brigantine ... 292 Bella Mary, Wooden Barque ... 241 Energy, Wooden Three-masted Schooner ... ... ... 185 2642 An extract from the Books of Messrs Stone Broa. shows that seven vessels of the value of £25,000 yielded an average monthly profit cf £530, equal to £6360 per annum, exclusive of charge lor Insurance on Hulls. These figures serve to shew that with a .'" larger fleet, extended business, and more ' 'capital, substantial dividends may confidently > be anticipated. - 1400 ' F. TETLEY, j PORK AND GENERAL BUTCHER, j Pollen stbeet, Shobtland. ! FT. has much pleasure in informing his i • Customers and the Public fiat | HS HAS i DETERMINED TO ADD ! i To his present Business that of a < EN ERA L BUTC H E R, , - " ' • - And now offers FOB BAIE- , I The BEST MEAT procurable in the District. Bmmmbbb the Akdbess— V POLLEN STRB BT, SJhqbtland.