Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4504, 12 June 1883, Page 4

w, Prospectus '- PEOSPE C T U 8 / OF; THE AUCKLAND SHIPPING COMPANY . (Limited). CAPITAL ... ~ ... £150,000, In 30,000 Share! of £5 Each. The Capital is to b« called up as follows: 6s per. share on application, 5b per share on allotment, 5a per share at intervals of three months, at require J, until £3 per share ii paid up. FBOTISIOVAS PlBIOIOBS: Anderson, H. F.,Esq. Morton, H. 8., Esq. Aickin, Graves, Esq". Mitchelson, E., Esq., Barber, H. P., Esq. . if.H.B. Can, B. C, Esq. McEenzie, D. X., Esq. Chambers, Jno., Esq. Masefield, T. T., Esq. Craig, Jos.,' Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W., Esq. Geddes, J.M., Esq. Porter, A,, Esq. Hardy, J. Esq. Stone, O. J., Esq. Holme, Geo., Eiq. Stone, C. 8.. Esq. Harper, (Zed., Eeq. Tools, 8., E«q. Hnlf, W. ¥„ Esq. Wilson, J. L., Esq. BBOKSB8: Brokers' Association. '■'■■■ MAVAOIIta DlBEOTOlt: C. B. Stone, Esq. ; BxcsaexAXt , pbo tbm. : . J.'C B.erger. , ' ' The object of this Company is to provide tannage .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 bOOAELY owhkd VEBBEIB, and the shipping business carried on by a PUBitx IOOAI COMPACT. The rates of freights current in this colony oompare most favorably with those rnliag in neighboring, colonies, and are as a rule sufficiently remunerative to leave a good profit, trading hence either foreign or intercolonial. The acknowledged dsily increasing commer-mercial-importance 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^i present not in absolutely direct communication The object of-tbis 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/Ac, <• being already established could easily be con-, tinned with regularity, whilst the Newcastle and Greymoutii coal trades should be also -provided for. There is avast field in prospective for a good trade] with An.erica, Mauritius," China, Manilla, Calcutta, The-Cape, Noumea, and nnmerous 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 Brbs.,twhb 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 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 servio s of Mr 0. B. Stone, as managing director, and the staff at present under bis control, who are- experienced in £his line of business/ have been secured to take office under the new Company. It is further proposed that <he working expenses should be conducted on strictly economical principles,, the expense of agencies and branches to be defrayed out of commissions on the actual freight^ earned by those branches. The proposed capital is set 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 callecTup unt 1 vessels suitable for the London and other trades may offer for sale at icasonable prices, until which time it is proposed to charter yetsels 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 tirade of pur/port to take Shares in this local Company,'and to gire the undertaking every possible support. The.Company would thus be in "a measure self-supporting, and strong enough to compete most 'successfully with any- outsde ,or foreign-'."company or foreign shipping. , The~ Company could then not fail to be a credit to our port, and a moat lucrative investment to Share-holders. The promoters having, every confidence in the succeWoi the undertaking, now appeal to the public to eneuie it by subscribing freely for Shirks. v "•'-'' ■' ■ LIST OF "VOWELS. , ■ .;•. '/'•', , ■,;„ i - ' - ' Tons . ~J egister ' Laira, Iron Barque .. ... 492 Aleeslis,'lrbn'B»rq'ue ... ... 394 Stanley, Wooden Brigantine ... 351 ' Parcel!, Wooden Brigantine ... 348 Caberfeidb, Wooden Barque ... 333 Peerless, Wooden Bri^tDtine ... .292 Bella Mary, Wooden Barque ... 244 Energy, Wooden Throe-wasted 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 £6840 per annum, exclusive of | charge lor Insurance on Hulls; ' '" "J These figures serve 4o shew that with a larger fleet, extended business, and more., capital, substantial dividends may confidently, be anticipated. 1400 J B A. Barber & Co., CUSTOMS, SHIPPING AND COMMISSION AGENTS, FoitbtimtV. Avomxsv., _ AGENTS FOB BUTTON'S FOREIGN PACKAGES received and orwarded to all parts of the world. Goods of al. description bought and sold on commission. . , - -. <. 1598 i ÜBTOMB FoßMß.—Wanted Known on V SALE at the Evmmra Siak Omoi Albert street, Grahamstown, IN WARES and OUTWARDS COASTWISE FORMS OBJTAKINTAL Printing, in color*, golc* ble on the Thames * the Mrvn** Bs*» OM.:;' •;.'■'"'/.;