Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4513, 22 June 1883, Page 4

. Prospectus OSPECTUS OF THE SHIPPING COMPANY (Limited). ... . i £150000, Sharei b! £5 Each., it to,Jb»\ called up as fallows: application, 5s .per skare on per s!iare at intervals of three until £3 per share is DlBBCTOBS: F.,Esq. Morton, Hi 8., Esq. . Esq. Mitchelson,, 8., Esq., Esq. M.H.R. . McEenzie, D. BT, Esq. Jnf., B«qi MasefieM. T. T., Epq? Esq. Nathan, AH., Esq. A., Esq. s,. 'Owen, G-, W., Esq. * J. M., Esq. Porter, A., Esq. , „ Wtlaray, J. Esq. ' Stone, O. J., Ksq. I Holme, Geo., Eeq. Stone, O. 8,, Eeq. Harper, Geo., Esq. Tonke, 8., Eeq. Hull, W. F., Esq. Wilson, J, L., Esq. BbOKKBB : r , JBtoTtera 1 Ansooiation. ' DlBSCTOB: !'' C. B. Stone, Esq. * ;,. SeOBITABT, FBOTBM.: J. O. Berger. 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 may be as much as possible carried in xocaelt OWNED vessels, and the shipping business carried on by a PUBEIT liOOAX OOMBANT. '■" The rates of freights current in this colony' .. .compare;moßt favorably with those ruling, in neighboring colonies, and are as j* rule siiffi. ciently remunerative to leave a good profit, trading hence cit 1* er foreign or intercolonial. The acknowledged drily increasing commermercial importance of Auckland is a source of ! gratification, and the 'shipping trade, under skilful management, and with sufficient i! capital^would meet with speedy anduzreat development with many parts of the World ■■ -■ - with which, we are at present not in absolutely direct communication i , ..The object'of this Company is to provide vessels to trade in the directions already v, .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, &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 tradej with A>' erica, Manritius, China, Manilla, Calcutta, The Cape, IN oumea, 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 Broß.,|who have for some time carried on a good shipping business, and who have how 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, w^h 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 -■: brunches. ■ '•' ■ . ■ ,-. The servio sofMrC. B. Stone, as managing ..-director, and the ataff at present under his < control, who are experienced in this line of business, 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 branobes. 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 called up unt 1 vessels suitable for the London and other trades may offer for sale at - jeasonable prices, until which time it is proposed to charter vessels as required to supple-' ment 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, and a tbottlucrative investment to Share-holders, The promoters having every confidence in the success of the undertaking, now appeal to the pablio- to enture it by subscribing freely for Share*. '\ v, . • -■' '--

' ITons agisteri " Lain, Iron Barque 492 . Alceslis, Iron Barque . f 39 i Stanley, Wood«nßfiga-Qtine ...' 351 •»■ .taruell',"Wooden'Brigantine ... 348 Caberfeidb, Wooden Barque ... 333 Peerless, Wooden 7 Briganfcine ... 292 Bella Mary, Wooden Barque ... 244 Energy, Womien Tbrse-masted ■>'>' , Schooner ... - 185 • '.-r:':T>a- ■ " ' • ' 2642 An extract from the Books of Messrs Stona Bros, shows that seven vessels of tho value of " £25,000 yielded, an avcrngo monthly profit of £530, equal to £6360 per annum, exclusive of . charge lor Insurance on Hulls. . These figures serve to show' that 'wjith a larger fleet, extended business, and more capital, substantial dividends may confidently be anticipated. 1400 J, A. Barber & Co., CUSTOMS, SHIPPING- AND COMMISSION AGENTS, , . FOBT STBEJCT, AUCKLAND. AGENTS FOB BUTTON'S FOREIGN EXPRESS. |">ACKAGES received and orwarded i/j all Jf pßrta of the world. " . ■."'•Goods of si. description bought and sold on -commisMon. '„ • • ' 1598 /CUSTOMS FOBMsJ—-Wanted Kna^n on , \ SALE »t the EvMroro Sxab Owraoa Albert street, Grahamstown, INWASpg and ODTWAEDS COASTWISE.EORMa,^ VkRNAMEHTAL Printing, in colors, golc* •AJ twbronsa in » «tj »biih«rto unobUiabl* on ib* Tbmmtd *t ih* IBvwirea *r i¥ ■OH;*'- • : ■ ..: '_ ';' <>> . '■-