Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4506, 14 June 1883, Page 4

Prospectus ' " ' PBO'firPBOTUS OF THE AUCKLAND SHIPPING COMPANY (Limited), . CAPITAL ... "T~ ... £150#00, In 30,000 Share• o £5 Bach. The Capital is to ba called up 'as f Hows: 5s per share on application, ss, per share or allotment, 6g per ■> are at interval of three months, at, require J r until £3 per share i paid op. ' . .-\|— — Pbovisionai* Dmc :,o»a: Andersoc^H.F.Kfqj. Morton.'H. 8., E?q. ] Aiokin, Graves, Esq. j Mitchelson,, E., t &«q-, Barber, H. P., Esq. ' > V.H.R. , Carr, B. C, Esq. MoKeniie, D. S , .Eeq. j Chambers, Jno., Esq. MaßefieH T. T., Esq. Craig, Jos., Esq. ~] Nathan, A. H.,.Esq. Dewar, A., Eeq. ' Owmj, G. W.,'Esq. Geddes,<J. M.,.£tq.: Porter, K?q. ' Hardy, J. Esq. j Stone, C. J., 1< *qHalme, Geo., E'q. Stone, Q. 8., .Esq. Harper, Geo., E»q. • Tonk*, 8., E#q. , Hull, W. F., Esq. ! Wilson, ;j. L., E«q. Bbjokbeb: ;■*.'. *„. Brokers* Association. ' 1 MaSAGISG DlBECtOB: , • v r c C. B. Stone, Esq. BXCBXTAB*V FBO TSSJ. : ■ ■ • J. O. Berger. ' The object of this! Oompany is to provide tonnage suitable to the growing trade of the Fort of Anokland, so that the imports and ,ezportf of oar city may be an much as possible earned in iqcaxly owned vessels, and the ■hipping business carried on by a posbXiT XOOAXi OOMPAIf X. , : i 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' et foreign or intercolonial. Tho acknowledged daily increasing commermeroial importance of 'Auckland is a iQurce 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 sit present not in absolutely direct communication. The object of this Company is to provide vessels to'trade in the directions already opened, and others pbich may from time to time oftr indabMueiots, . There is ample rdoiqa 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 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, &c, being already established, could easily be continued, with regularity, whilst the Newcastle and Ghrtfjmoutb coal trades should be also provided fori.: ' ' v There is a vast field in prospective for a good trade! w*tb- A ' ericsi Mauritius, China, Manilla, Calcutta,. The Cape, I* oumea, and numerous foreign ports, with some of which. even at the present moment, a profitable direct trade js 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 wilt from tine to time' charter vessels when "required, in the event of their'own not being immediately available. Messrs Stoae Bros.^who have for some time carried dn a pbod stiippingbtfuineßS, and who ha? 6 now fairly started a sew London line, possews the nucleus of a fleet suitable for com* mencing operetions, and arrangements have beeu made to take over their vessels aad 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 eervic s of Mr C. B. Stone, as managing director, and .the staff at present under his control, who are experienced in this .line of b«fsines!i, have" been secured to take office under the new Company. It is further proposed that Ihe working ex* penies should be opbdobtec! on strictly econom* > ical principles, toe expense of agencies and branches to be defrayed out of comnrisMons on the actual freights earned by those branches. ' The proposed Capital is set down at £11)0, 000, but as only a'itnaTl portion is required at ' present for the purchase of the existing fleet and eontiagent expenses, further capital will not be called up unt I vessels suitable for the liondonand other trades may offer for sale at teasonable prices, until which time it is proposed to charter vessels at required to supplement the present fleet. ..^.' It if propoeed to invite all Auckland busi-ness-men and all who may have any interest in the trade of pd* port to take Share* in this local Company, and to give the undertaking ' every possible sappdrt. Th'eCompany 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 fail to be a credit to our port, and a tuoit lucrative investment to Share-Uolders. The promoters having every confidence in the •uocees of the undertaking, now appeal to the public to ensuro it by subscribing freely for Share*.' . ""/;•" 1 '' ; ■ •■ IflST'-OP 'VESSELS. ' ' Tons egUtor. Laira, Iron Barque 492 Aloestis, Iron Barque 39 S Stanley, WfcocUn Brigantine ... ; . 351 I'aroell, Wooden Brigtwtine ... 848 Cuberfeidb, Wooden Barque ... 833 Peerless, Wooden Brig»ntine ... 292 Bella Mary, Wooden Barque .... 244 Energy, - Wooden Three-masted Schooner - ; : 185 • • ' • ■ ... a. 1 • '2642' An extract from the Books of 'Messrs Stone Bros, shows that seven .vessels of iho ralne of £25,000 yielded an average monthly profit-of £530, equal to £6360 per annum, osolusiveof charge for Insurance en Hulls. . ' ' • ' : ' These figure, eerve,to show that with "a larger fleet, extended' business, and more capital, substantial dividends may confidently be anticipated. J . . ..' 140Q J, A. Barber & Co., CUSTOMS, SHIPPING AND COMMISSION AGrENTfI, Fobt^stxht, Auckland. i AGENTS FOB BUTTON'S FOREIGN EXPRESS. PACKAGES received and orwarded to all parts of the world. Qoodn of si. desoription boaglxt ucd sold on , commission^ - - J I^9B rUSTOMSFOBMS.— Wanted Edowb oa ' SALS at Uw Evjoror© BiA» Oynoi Albert street, Gi-habMtown, IN WARES and x OTOTWABSsCOAfITWraiITfORMft /.RNAMJBNTAL $tifai,M oolo» >v «», bl« on th» TJuarti •* tt* ****** P*** ope* .. . ; ■