Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4509, 18 June 1883, Page 4

P-E O S P E 0 T U S OF THE AUCKLAND SHIPPING COMPANY (Limited). , •: - •;, CAPITAL ... ~ ... £15G.0p0, In 80,000 Share* o' £5 Each. .. • The Capital is to b» called apuf Hows: «• per share on application, 6s per share on . allotment, :6s per share at intervals of .three month*, as require J, until £3 per share i« peidup. PaOTUIOViIi DIBSCTOBS: Anderson, H. F., Esq. Morton, H. 8., Esq. Aickin, Grr*tves*Esq. Mitcnelsdh, E., Esq.,, Barber, H. P., Esq. tf.H.B. Cur, R. C, Esq. - McKenxie, D. H, Esq. Chambers, Jno., Esq. MasefieU, T. T., Erg. Oraig* Jos., Esq. • Nathan, A. H., Esq. Dewar.A., Esq. Tgi Owen, G. W.,<Eiq. Cteddes, J.M., Esq. Porter, A., Esq. I Hardy, J.'Esq. Stone, C. :J., Esq. \ \ Holme, Geo., E»q. Stone, C. 8., Esq. Harper, Geo., Esq. , Tonks, 8., Eeq. ,) „ ■ Hall, W. F., Esq. Wilson, J. L., Esq. BbokbbS: . - Brokers'. Association. ; '.? MAVAOIKQ DlBBOTOB: O. B. Stone, Esq.| '" SxCBITABT, PBO TB¥.: ' J. C. Bergtr. " < >', The objeot 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 maybe as much as possible carried in IOCAIIY ovntD tbbsbu, and the shippiog - business carried on by a bubbly 20CAX coMPtxrr. > The'ates of freights current in this colony compare most favorably with those ruling in neighboring colonies, and are as a rule suffi. cienily remunerative to leave a good profit, trading bunoe eit er foreign or intercolonial. The acknowledged dsily increasing eommermeroial 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 at present not in absolutely direct .communication^ The object of this Company is to provide YMsels to trade in the directions already opened, and others which may from time to tune 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 Enropeari'trades. Of coarse, the large and increasing export of balk and sawn timber will form an important adjunct. A trade with [ Tasmania, Bydney, Melbourne, Adelaide, Ac, 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 food 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 i 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 them own not being immediately available. Messrs Stone Broe.,swho have for some time oarried on a good snipping 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 a* soon as possible, so that the business may be extended without delay, • especially the, London and American branches. *. ■ ■„'. Theservio'sof Mr C.B. Stone, as managing director, and the staff at present under his oontrol,iwho are experienced in this line of business, have been secured to take office under the new Company. - It is further proposed that Ihe working expenses should be conducted on strictly economical principles, the expense of agencies aud branches to he defrayed out of comurisidons on the actual freights earned by those branches. . The proposed capital tis- set down at £150, 000, bat as only a small - portion is required at present for the purchase of the, existing fleet and contingent expenses, farther oapital will ' not be called up uritl'vessels suitable for the London and other trades may offer for sale at leasonable 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 hare any interest in the trade of our port to take Shares in this local Company, and to give the. undertaking every possible support. The Comyany 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 ceuld then not fail to be a credit to our port, and a most lucrative investment to Shareholders. The promoters having every confidence in the success of the undertaking, now appeal to the public to ensure it by subscribing freely for Shares. . . - - LIST OF VESBELB. Tons egiater ' Lain, Iron Barque 492 Alscstis, Iron Barque 39S Stanley, Wooden Brigantine ... 351 Paroell, Wooden Brigantine . ..i 348 . Caberfeidh, Wooden Barque ... 333 Peerless, Wooden Brigantin« , ... 4 292 Bella Mary, Wooden BaTqno ... 241 Energy,' Wooden Throe-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 tor Insurance on 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, SHIPPING AND COMMISSION AGENTS, Foit stimt, Auckland. „ AGENTS • FOB BUTTON'S FOREIGN EXPRESS. PACKAGES received and orwardsd to all parts of the world. . Goods of al. description bought and soldon commission. If 98. / (USTOMB FOBMS.—Wanted Known on \j SALS e*the Evwiiw Btab Othci ■ oteas'saaasaag"'- , ble on the ThHMS •* *»• lnMWtee* *** ". •'■: .".■/■-. '