' 3?r6spectus "" - PROSPECTUS OP THE AUCKLAND SHIPPING COMPANY , (Limited). ' CAPITAL ... """ . *i«?nnnn t,. __ "• ■•• ... 3&J.OUAAJU. . ... In 30,000 Sharei of £5 Each. The Capital is to b» called tip as f;llows: t 6i per share on application, 6s per share on au itmenfc, 5b per share at intervals of three months, as require i, until £3 per share is p«id up. • r . ■ PBOVISIONAi DIBECTOBS: . Anderson, H. F.,Esq. Morton, H. 8., Esq. ' Aickm, Graves, Esq. Mitchelson, E., Esq., Barber, H. P.,.Bsq. , ' M.H.R. Carr,-lt; C, Esq. *' McKenzie, D.H., Esq. .Chambers,' Jno./Esq. MasefieLl, T. T., Esq. Oniig;:Joß., Esq. „ Nathan, A. H., Esq. ' Dewar, A.j Esq. ' Owen, G. W., Esq. . Geddps, J. M., Esq. Porter, A., Esq. | Hardy, J. Esq. Stone, C. J., Esq. 1 Hulm.e, Geo., Esq. Stone, C. 8., Esq. Harper, Geo.,E6q. Tonks, 8., Esq. Hull, W. F., Esq. Wilson, J. L., Esq. BBOKSB8: Brokers' Association. 1 "' '■ [MANAGING DlBECTOB: C. B. Stone, Esq. ■. ' '; SeCBBTABT,. PBO IBM. : £ ' -i '-"J. C. Berger. * The s object of this Company is to provide tonnage suitable to the growing trade ef the -r Port of Auckland, so that the imports and exports of our city may be as much as possible carried in xooaxxy ownkd vebseib, and the shipping business carried on by a PUEBtY . liOCAIi COMPANY. ' The fates 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 either foreign or intercolonial. The acknowledged deily increasing commermercial 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 ' ft ' development with many parts' of the World with which we are at present not in absolutely '-T - direct communication The object of this Company is to provide ■' vessels to> trade in the directions already opened, find others which may from time to • ', time fffer inducements. There is ample room for a well-organised ,■' new line between Auckland and London, Liverpool and Glasgow, with New York, and , with tome of the larger centres of Continental ' Enrbpean 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 conit tinued,- with regularity, whilst the New- ' ' castle and Greymouth coal trades Bhould be also provided for. There is a vaßt 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 '.; •'*inabn«y 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 timel 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, Doeaeßs the nucleus of a fleet suitable for commencing operations, and arrangements have , been made f o 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 ; 1 :-- \ ■" ' Th^serric sofMrC. B. Stone, as managing V" <director; and the staff at present under his ' ' • cVotttri; who are experienced in this line of -bosinesi,* have been secured to take offioe under the new Company. ' It is further proposed that the working ox- ;■■ peates should be conducted on strictly econom■ic«i principles, the expense of agencies and branches to be defrayed but of commisiions on, the actual freights earned by those branches. .;', fil-Tne proposed capital is set down at £150, 000, but.atonly a small portion is required at •> present for the purchase of the existing fleet ■' . ,}.» nd. contingent expenses, further capital will not be called up unt 1 v> sseis suitable for the - London and other trades may offer for sale at "y easonahle prices, until .which lime it is propossd to charter vessels as required to supplejtient (^he present fleet. ; <- is 1 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 v , 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 most lucrative investment to Share-holders. , The promoters haying every confidence in the success of the undertaking, now appeal to the public to emuie it by subscribing freely farther**, i trvx.- .-:■;-:•'% ■ ~ !;#%£s&& OF VESS'iis. \l' ■ " • Tons egister^ Laira, Iron Barque ,49iJ Alcsslis, iron Burquo & 393 Stanley, Wooden Brigantine ... 351 , I; I'aeb'elirWoodon.Brrgantfae'. ... '348 Caberfeidbi Wooden Barque r ... 833 Peeriessj Wooded Brigantiae ... 292 . Bella Mary, Woodea Barque ... 244 Energy,- ' Wooden Three-masted . Schooner .... •.., .... 185 r .. . '. .. ' : . - *:-:''• " 2642 , . - ri ...An extract from tho Books of JMfissr*Ston«' " ' 'Rioi. fihowa'th'at seven veasols of the valuo of £25,000 yielded'an average monthly' profit of ;', £530, eqaal to £6360 par annnm, exclnsire of ehargo for;lQGnrancs on Bulls., Tlißsa figures aarva to shew thai; vribh a larger' fleet,'extended, Business, and more capital, substantial dividends may confidently be anticipated. ' ' 1400 X A. Barber & Co., CUSTOMS, SHIPPING AND COMMISSION AGENTS, ' Poll BTBBET, AiTOKIiAirD. AGENTS FOE BUTTON'S FOREIGN - i', ,-'" ' BXPBEBS.P" ACKAGES received and orwarded to all r parts of the world. ■ ' : Goods of al. description bought and sold ott roßimfhMOn. < * .v • 1598 *• "ÜBTOMB jPOßMS.—Wanted Eaown on • i . SALE ;»t the Evmraca Stab Octiob « l Albert atraet, Gnhafhstown, INWABDfi and OUTWJIBDS COASTWISB! FOBMB / va*?AMaWTAI. Printia*, in colors, gol<? \J'' mi 'broom in & ity*«hithertounobttus* bl« oa th* TktD« »t the JRv»raraßxA» • p«Ct"\ . ■• ;r ",. '.*,;.'. ,
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https://paperspast.natlib.govt.nz/newspapers/THS18830620.2.21.1
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Thames Star, Volume XIV, Issue 4511, 20 June 1883, Page 4
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1,013Page 4 Advertisements Column 1 Thames Star, Volume XIV, Issue 4511, 20 June 1883, Page 4
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