Page 4 Advertisements Column 3

Thames Star, Volume XIV, Issue 4514, 23 June 1883, Page 4

PB O S P E C T"V S! OF THE ; AUCKLAND SHIPPING COMPANY; (Limited). " ! CAPITAL ... ~7 ... £150000, I In 30,000 Share * o £5 Each. > The Capital is to ba called up aa f Hows 5s per share on application, 5s per. share on, all tm nt. 5b pert' are at interval,of'three! months, at require ', until £3 per share it paid up. ". „ s,_ ; ' PBOTIBIOKAII DIBJCTOBS: j Anderson, H. F, Esq. Morton, H. 8., Esq. | Aickih, Graves, Esq. Mitchelsoo, £„ Ksq., 1 Barber, H. P., E*q. M.H.R. I Carr, K. C, Esq^ McKenzie, D. ff., Esq.. Chambers, Jno., Esq. Maiefield, T. T., Esq. ; 1 Craig, Jot., Esq. Nathan, A. H., Esq. . | Dewar, A., Keg. Owen, Gh W., Etq. Geddps, J. M., Esq. Porker, A., Esq. Hardy^ J. Esq.' 'Stone, CJ./Ksq. Hulme, Geo., E*q. Stone, C. 8., Esq. ' , Harper, Geo., Ei>q. Tonkr, 8., Esq. .' \, Hull, W. F., Esq. Wilson, J. L., Esq. j BBOKBBB: Brokers' Association. . . < MAHi&INa, DlBSOXOB: C. B. Blone, Esq. SeCBKTABT, rfcO TBM.: yJL C Berger. The obtest of thit Company it to provide tonnage suitable to the growing trade of the Pert of Auckland, so that the imports and exports of our city may be at much as possible carried in KXJAII.X OWKW) vessels, and the thippiag businett carried on by a PCBBtT liOCAL COMP4MT. The iate! of freights'curreDt in this colony compare most favorably with those ruling in neighboring colonies, and are at a rule tuffi. ciently remunerative to leave a good profit^ trading hence eit er foreign or intercolonial. The acknowledged dfcily increasing commermercial im, ortaoce of Auckland it a source of gratification, and the shipping trade, under skilful management, and with sufficient capital, would meet with speedyland great development with many parts of the World with whica»we are at present not in absolutely direct communication The object of this Company is to provide vasels 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 V- rk, and with come 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, 4c, being alreaoy established could easily be con* tinued with regularity, whilst the-New? castle and Greymoutb coal trades should be 'alto.provided for. There is a vaitJßeld in prospective for a good tradej wilh A erica, Mauritius, China, Manilla, Calcutta, The Cape, r* oumea, and nnmerous foreign poris, with some of whioh. even at the present moment, a profitable direct trade is beii g 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 jjgwn veSsisls, but will from time to time charter vessels when required, in the event if their own not being immediately available.. ■ '"" . Meosrs Stone' Bros-, who have for tome time carried on a good shipping 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 midi To takeover their ves»eli and "the goodwill of their shipping business for ibe •urn of thirty thous»ndL*ix hundredjjid. fifty^LQjjpds (*80J650). they takingYbalf;.j.jkhe amount Jin: Company's shares. Their fleet," consisting of 8 vessels, with aggregate tonnage of 2642 tons, should be augmented as soon »• possible; to that the business may be extended without delay, especially the London and American branches. ;,;,~ 1. ■' •;*.:'? JU v ' ;.'' The eervio s of Mr C. B. Stone, as managing director, and the staff at present under his control, who are experienced in this line of business,* have been secured |tp take office uuder the new Compauy - , It is further proposed feliat 'he working expenses should be conducted on strictly economical principles, the expense of .ageneies^ahd.. branches to be defrayed out of commissions on the actual freights earned by those branches. 1 The proposed capital is set down at £150, 000, but as only a small porsiou is required at present for the purchase ■' of the existing" fiset 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 ■ 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 buti-nets-men and all who may have any interest in the trade of our port to take Shares in thit 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, mo»c successfully with any outs de or foreign company ori foreign shipping. The Company could then not fail <o be a credit to our port, and a moat lucrative investment to Share-holders. The promoters having every confidence in the success of the undertaking, now appeal to the public to ensuie it by subscribing freely for Shares. *' LIST OF VESSELS. ■'■ ITons Laira, Iron Barque .. ... 49sS ' Aloeslis, Iron Barque ... ... 39* Stanley, Wooden Brigantioe ... 351 Paruell, Wooden Brigautine ... 348 Caberfeidb, Wooden Barque ... ,333 Peerless, Wooden Briguntine ... 292 Bella Mary, Woodeu Barque ... 244 Energy, Wooden Three-masted Schooner ... ■ 185 2642 An extract from the Books of Messrs Stone Bros, shows that seven v. ssels of Ihe value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of charge for 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, FOBT STBBBT, AUCKLAND. AGENTS FOR BUTTON'S FOREIGN • ■■,</, BXPBESS., OAOKAGrES received and drwarded to all, X -parts ofthe world.' }\ ■>■ -' ; Goods of al. description bought and sold on commission. 1698; / USTOMS FoßMß.—Wanted Known on " SALE at the KV3KIH&. Stak OrFICB Albert street, Grahamstown, INWAREB and QUTWARTM* OOABTWTBIR KORMH J kBJf AMJGNTAIi PrmUat, in colors, gold U or brabM in v a sty • bithtrtb nsobtajb* We on the Tbanjet «t the Wiwrutoßwr P«ee - ' ■■■■■■ ■'■■ "■' ' .... -,;