Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4505, 13 June 1883, Page 4

' Prospectus PE O S P E C T TJ 8 OP THE AUCKLAND SHIPPING COMPANY (Limited). CAPITAL ..;. ~ ... £150 000, .In 30,000 Share* o' £5 Each. The Capital is to b» called up as f Hows,: **i l Pe*'bare on application, 5s per share or albtmenfc, 5s per si.are at interval of three months, as require J, until £3 per share i* paid up. ' * Pbovisionai Dibtctohs :. Anderson, H. F.,Esq. MoHon, H. 8., Esq. Aickih,Graves,Esq.rMitchelson, E., Esq., Barber, H. P., Esq. ?tf.H.R. Carr, R. C, Esq. McKenzie, D. E , Esq. Chambers, Jno;, Esq. Masefiel i. T. T., E*q..' . Craig, Jos., Esql Nathan, A. H., Esq. , Dewar, A., Esq. 1 " Owen, G. W., Esq. Geddes, J. M., Esq. Porter, A., Esq. Hardy, J. Esq. Stone, C. J.,h*q. Hulme, Geo., E»q. Stone, C. 8.. Esq. Harper, Geo., Esq. Tonks, 8.,~E5q. ; Hull, W. F., Esq. " ""Wilson, J. L., Esq. j BBOKBBS : Brokers' Association. . Managing Dibbctob: C. B. Stone, Esq."l , . SECBBTABTf PBO TSMT.: J. O.Berger.

The object of this. Company is to provide tonnage suitable to the growing trade of the Port of. Auckland, bo that the. imports and exports of our city maybe as much as possible carried in xocalxy owkkd vebsem, and the shipping business carried on by a PUBBIY liOOAI COMPANY.

- The rates of freights current in this colony compare most favorably with those ruling in .neighboring colonies, and areas'a rule sufficiently remunerative to leave a good profit, trading hence eit' er foreign or intercolonial. The acknowledged dfcily increasing commermercial importance of Auckland is a source of gratification, and the shipping trade, under skilful 'management, and with ;i 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 Teasels 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 centresof 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, &c, being already established, could easily be continued with regularity, whilst the Newcastle and Greymouth coal trades should be also provided.for. There is a vast field in prospective for a good trade; with A<> orica, Mauritius, China, Manilla, Calcutta,* The Cape, Noumea, and snmerous foreign ports, with some of which, even at the present moment, a profitable direct trado is being carried on in a desultory manner, and. jwhich 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 1 charter vessels when . required, in the event of their own not being immediately available. Messrs Stone Bros.,jwho have for some time carried on^a good shipping business, and who hare now fairly started a new London line, VosseßS 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 inrio'iof Mr C. B. Stone, as managing director, and the staff at present under hit control, who are experienced in this line of btuineti, have been secured to take office under the new Company. It is further proposed that the 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, bat as only a small portion is required at present for the purchase of tho existing fleet and contingent, expenses, further capital will not be called upuotl vessels suitable for the London and other trades may offer for sale at ;easonable 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 to give the undertaking every.possible support. The 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, 1 and a most lucrative investment to'Shari^liolders. The promoters having every confidence in the success of the underfilling,* now uppeul to the public to ensure it by subscribing freely for Shares.-. .'•=- , -■'.;■ :-.--> ' - • ■. -.•. ' LIST OF; VESSELS.;'. - Tons egist«r Laira, Iron Barque .. ... 494 Aloestis, Iron Barque 39:4 Stanley, Wooden Brigantine ... 351 taPDell.-Woodito Brig^tine ... - 348 Caberfeidh, Wooden Barque ... 333 Peerless, Wooden Brignntine .... 292 Bella Mary, Wooden' Barque ... 241 Energy, - .Wooden Thr«e-masted Schooner' ''.-.:' ■.-.*'• ... 185 ■<,-/.: ,■..:-.. ■. ■■2642 An extract from the Boots of Messrs Stone Bros, shows that seven v,< ssols of ihe vnluo of £25,000 yielded nn average monthly proCi of £530, equal to £6360 per annum, exclusive of charge ior Insurance an Hulls. These figures serve to shew that with a larger fleet, extended business, and more capital, substantial dividends, may confidently be anticipated.'' ... 1400 J. A. Barber & Co., CUSTOMS, SHEWING AND-COMMIB-SION AGENTS, Fobt stb*bt, Auckland. AGENTS FOB BUTTON'S FOREIGN BiXPBESS. ■JT|AOKAGES received and orwardod to all Jtf parts of the world. Goodß of al. description bought and sold ou commission. , 08 /CUSTOMS FOBMS.—Wanted Known on t j SALE at the Ermrnre Stab Oimos Albert itreet, Chr^smi^n^NWAßDg aud OUTWABDB OOASTWIBB! FOBMS ABNAMINTAIi Printing* in color*, goW (J orbron» in c sty ihifehartoiiobtMi), bl» <m ijk* ThavM at felM ■fMOrft.vtiP .-,'.( , -■ '- -'■'"■