Page 1 Advertisements Column 7

Thames Star, Volume XIV, Issue 4498, 5 June 1883, Page 1

Prospectus PR iqt S P EOT U 8 i OF THE AUCKLAND SHIPPING COMPACT (Limited). CAPITAL ...... ... £150,000, In 30,000 Share* of £5 Each. The Capital is to ba called up as follow!: 5s per share on application, 5s per share on allotment, 5s per c.'arc at intervals of tbre» months, as required, until £3 per share unpaid up. Pbovisionai Dibsoxobs: Anderson, H. F., Eeq. Morton, H. 8., Esq. Aickin, Graves, Esq. MitchelsoD, E., Esq., Barber, H. P., Eeq. ¥.H.R. Carr, R. C, Esq. McKenzie, D. H,, Esq. Chambers, Jno., Esq. Masefield, T. T., E*q. Craig, Jos., Esq. Nathan, A. H., Esq. Dewar, A., F.sq. Owen, Gh W., Esq. Geddrs, J. M., Eeq Porter, A., Esq. Hardy, J. Esq. Stone, C. J., Esq. Hulme, Geo., E*q. Stone, C. 8., Eeq. Harpar, Geo., Eeq. Tonks, 8., Etq. | Hull, W. F., Esq. Wilson, J. L., Esq. , Bhojcbbs: Brokers' Association. Mana&ing Dibbcxob: C. B. Stone, Esq. SecbetaeT, pbo tek. : J. C. Berger. The object of this Gompany is to provide tonnage suitable to the growing trade .of the Port of Auckland, so that the import* and exports of our city maybe as much as possible carried in iocaily OWNKD VESSELS, and the shipping business carried- on by a PUBBXT IOCAI/ COMIMKY. The rates of freights current in this colony ,- compare most favorably with those ruling in neighboring colonies, and are as a rule suffi* ciently remtmerativn lo leave a good profit, trading hence eit er foreign or intercolonial. The acknowledged d> ily increasing commer* mercial im, ortance of Auckland if a source of gratification, and the shipping trade, under skilful management, and with sufficient capital, would meet, with speedy and great development with many pirts of the World with which we are at present not in absolutely direct communication The object of this Company is to provide v seels to trade iv the directions already opened, and ollioe which may from time to time offer iridueruirnt-s There is ample room for a well-organised new Jine between Auckland and London, LrverpajjjLand Glasgow, with New York, and with «pi3l of the larger centres of Continental European 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, 4c, heing already established could easily be continued with regular ity. whilst the Newcastle and Graymouth coal trades should be also provided for. There is n vast fie'd in prospective for a good triidej with A erica i Mauritius, China, Manilla, Calcutta, The Cape, and „. numerous foreign pors, wi'h 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 Company do nob propose to limit themselves to running their own vesselsj bat will from time to time' charter vessels when required, in the event of their own not being immediately available. Messrs Stone Bros., who have for sometime carried on a good shipping business, and .who have now fairly started a new London line, possess the nucleus of a flset suitable for com* mencing operations, and arrangements have been made io take over their vessels and the goodwill of their shipping business for the sum of thirty thousand cix hundred and fifty pounds (£30,650), they ttikiug 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 Am'erioan branches. < The servic sofMrC. B. Stone, as managing [ director, and the staff at present under his control, who are experienced in this line of buoinoss, haro been secured to .take office under the new Company. It is further proposed that fhe working expenses should be conducted on strictly economical principles, the expense of agencies and branches to be defrayed out of commissions on the actual freights earned by those branches. The proposed capital is set down at £150, 000, but us only a email portion is required at present for the purchase of the existing fleet and contingent expenses, further capital will not be called up unt 1 vessels suitable for the I London and other trades may offer for sale at i easonable prices, until which time it is proposed to charter vessels us required to supplement the present fleet. It is proposed lo invite all Auckland busi* ness-men and all who may have any interest in the trade of our port to take Shares in this , local Coinpuny, and to give the undertaking evv.ry possible support. The Com, any would thus be in a measure self-supporting, and strong enongh to compete most successfully with any onta de or foreign company or foreign shipping. The Company conld then not fail to be a credit to our port, and a most lucrative Investment to Share-holders. ; The promoters having eTery confidence fn the success of the undertaking, now appeal to the public to ensure it by subscribing freely for Sh»r<s.'< LIST OF VESSELS. - Tons • egister Laira, Iron Barque „. ... 492- . Alceslis, Iron Barque ... ... 393 Stanley, Wooden Btigautino „, 351 Jfarnell, Wooden Brigantine ... 348 Caberfeidh, Wooden Barque „. 333 Peerless, Wooden Brigantine ... 292 Bella Mary, Wooden Barque ... 244 Energy, Wooden Three-masted Schooner ... •.. ••• 185 2642 An extract from the Books of Messrs Stone Bros, shows that seven vessels of the value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of charge for Insurance on Hulls. These figures serve to shew that with a larger fleet, extended business, and morecapital, substantial dividends may confidently. - be anticipated. . - 1400 V EVERY variety of Label for Soda-water Manufacturers, in letter-gran. Superior designs in lithograph at the ImnAui Offlos