Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4500, 7 June 1883, Page 4

.JPrpspsctus T> ft O S." P• E C-T U: S -*- OF THE AUCKLAND SHIPPING COMPANY (Limited). CAPITAL.,.. £150,000, - In 30,000 Shares of £5 Each. The Capital is to ba called up as follows: 5a per share on application, ss. per skare on allotment, 5b per share at intervals of three months, as require 3, until £3 per share is paid up. PeOVISIOIIAIi DlBEOTOBB: Anderson, H. F.,Eeq. Morton, H. 8., Esq. Aickin, Graves, Esq. Mitcbelson, E., Esq., . Barber, H. P., Esq. . ftf.H.R., Carr, R. C.,. Esq. McKenzie, D. H., Esq. Chambers, Jno., Esq. Masefield, T. T., Esq. Craig, Jos., Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W., Esq. Geddfs, J. M., Esq. Porter, A., Esq. 1 Hardy, J. Esq. Stone, C. J., Esq. ' Hulme, Geo., E?q. Stone, C. 8., Esq. Harper, Geo,, Esq. Tonka, 8., Esq. Hull, W. F., Esq. Wilson, J. E., Esq. Brokees : ' .<,.. Brokers' Association. Managing Dieectoe: C. B. Stone, Esq. ' SecretabT, pbo TBir.: •- - ' 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 ma\» be as much as possible . carried in LOCALLY OWNED vessels, and the shipping business carried on by a purklt IOCAL COMPANY. The rates of freights current in this colony ' compare most favorably with those ruling in neighboring colonies, and are as a rule sufficiently remunerative to leave a good profit, trading hence eit' er foreign or intercolonial. The acknowledged dtily increasing commerrnercial importance oi Auckland is a source of gr'atificat:on, 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 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 otherß 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 Eome 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. Afo^-dewith Tasmania, Sydney, Melbourne, Adelaide, &fe., being already established, could easily be continued, ;with x reg^ the Newcaitle arid Greymoutb coal trades should be also provided for. „ There is a vast field in,prospective for a good trade! with A» 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 on in a desultory manner, and 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 Stone Bros.,?who have for some time carried on a good shipping business, and who have now fairly started a new London line, vossess the nucleus of a fleet suitable for commencing operations, and arrangements have been made to take over their 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 tbttt tbe business may be extended without delay, especially the London and American branches. The ser,vic s of Mr 0. B. Stone, as managing director,'and the staff at present. under bis control, who are experienced in this line of business, have been secured to take office 1 under the new Company. It is further proposed that the working expejiseanshould 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 eel down at £150, 000, but'as only a small portion is required at present for the purchase of the existing fleet and contingent expenses, further capital will not be culled up untl vessels suitable for the ' Londan and other trades may offer for sale at reasonable prices, until which time it is proposed to charter vessels as required to 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 our port to take Shares in this local Company,' and ta give the undertaking every possible support. Tbe Company would thus be in a measure self-supporting, and strong enough to compete most successfully with any outs de or foreign company or foreign shipping. The Company could then not fail to be a credit to our port, and a most lucrative investment to Share-holders. The promoters having erery confidence in the success of the undertaking, now appeal to the public to ensure ifc by subscribing freely for Sbsr. s. ~ ' LIBT OF VESSELS. Tons - ' ■ egistcr Laira, Iron Barque ■ 494 Alceatis, Iron Barque ... ... 39 i Stanley, Wooden Brigatitine ... 351 r "Parnell, Wooden Brigautine ... 348 "Caberfeidb, Wooden Barque ... 333 Peerless, Wooden Brigantine ... 292 Belk Mary, Wooden Barque ... 244 Energy, Wooden Three-masted Sohoonpr '... - 185 ' , - 2642 An extract from the Books of Messrs Stone Bros, shows that" seven vessels of (he value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive* of charge for Insurance on Hulls. ' J ' These figures serve to show-that .with a larger fleet, extended business, arid more capital, substantial dividends may confidently bo anticipated. - ■ 1400 ' J;- -PRINTING. -' fiASDS, CIRCULARS . CHEQUE-BOOK^, : " ' "' ' IiILL-HEADS POSTERB, HANDBILLB, , THEATRICAL WpBZ, &c, &c, &c, In any Color required, On the shortest notice, and in the most - modern style. EVENING STAR OFFICE, %RAHAJfBTOW . i\XSA3£MSTAh Printing, in colon, gold U or bvonw in • ity «hithtrto nnobtait* ; able on th« TlunxiM at lh« Imorft Bw* Ofto* ■