Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4516, 26 June 1883, Page 4

P E ° ._S "_*:*"E CT U S OF THE AUCKLAND SHIPPING COMPANY (Limited). -■• CAPITAL ... ~ ... £150000, In 30,000 Shares o' £5 Each. The Capital is to b» called up a* f Hows 5s per shave on application, 5b per share on. allvfcm nt, 5s per s. are at intervals.of three months, as require, until £3 per share is paid up. > v Pbovisionai- Dibbotobs: Anderson, H. tf.,Esq Morton, H. 8., Esq. Aickin, Graves, Esq. Mitcbelson, E., Esq., Barber, H. P., Esq. Carr, B. C., Esq. McKenzie, D. H., E?q. Chambers, Jno., Esq. Masefiel.i. T. T., Esq. Craig, Job., Esq. '■ Nathan, A- H., Esq. Dewar,> A"!, Esq.- Owen, G., W-» Esq. Geddrs, J. M., Esq. Porter, A., Esq. Hardy, J, Ssq. > Stone, C. J., Esq. Hulme, Geo., E?q. . Stone, O. 8.. Esq. Harper, Geo., Esq. Tonks, 8., Eiq. Hull, W*F., Esq. Wilson, J.L, Esq. V" BBO_HB8: Brokers' Association.' Mahaoihs Dibsotob: *v C. B. Btone, Esq. „ • Sbobbtabi* pbq nx.: ; J. 0: Berger."^ The object>f this Company is ( to provide tonnage suitable to the growing trade of the' Port of Auckland, so that the imports and exporter of our city may be as much as possible carried in locall? owned vessels, and the shipping .business carried on by a pebbly j LOCAL COMPANY. '*> | The rates of freights current in this colony compare most favorably with those ruling in neighboring colonies, and are as a rule suffi- , ciently remunerative to leave a good profit, trading henoe either foreign or intercolonial. The acknowledged dfcily increasing commermeroial 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 vessels to trade; in the directions already opened,'arid others wbioh'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, Ac, being already established, could easily be continued with regularity, whilst the Newcastle and Groymouth coal trades should be also provided for. There is a -vast field in prospective for a good tradej 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 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 Bros.,*who have for some 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 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 taxing 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 brunches. *r ' The seme s of Mr C. B. Stone, as managing director, and. the staff at present under his control, who'are 'experienced' in this line of busifiMH,' ha*e burn, .'secured to take office under'the'Ww-Vmpany." ' It is further proofed that, 'ho working expenses should be conducted on strictly economical principles, til? expense of agencies'and branches'to be defrayed out of commissions on the actual freights'earned by those branches. The proposed capital is eet, down at £150, 000, bat as only a •mail portioiiis required at present for the purchase' of the existing fleot and contingent expenses, further capital will not be'called up'UOtl. 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 proposadJ9> invite all Auckland business>m6tt and all who may have any interest in the trade of our port to take Share* in this local Company, and to give the undertaking I everjrrpossible support. The Company would thus be in a meaiure self-supporting, and •trong enough to/compete mo«« successfully with any; outi.de or foreign , company or foreign shipping.,, The Company oould then | not fail to be a credit to our .port, And'a moit | lucrative investment to.Share-holders. The prompters • Saving every confidence in the success of the undertaking,.now appeal to the public to ensure it by subscribing freely for Shares. LIST Of VESSELS. • egiaterl Laira, Iron Barque .. ... 492 , Aloealis, Iron Barque. 395, Stanley, Wooden Brigantine ... 351 Jfarnell, Wooden Brigantine ... 348 Caberfeidb, Wooden Barque ... 333 Peerless, Wooden Brigantine ... 292 Bella Mary, Wooden Barque ... 244 Energy, Wooden ThrWmasfced Schooner ... - ■•; ••■ 185 „.2642 An extract from the Books of Messrs Stone Bros, shows that seven vessels of the Take of £25,000 yielded an aVenge'monthly 'profit of. £530, equal to £6360 per annum, exclusive of ebarge lor 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 <se Co.; CUSTOMS, SHIPPING AND COMMIS-' „ SION AGENTS, i *B«M, AUCSIAND. ,1' ," "'• " ■■ ' " *' AGENTS FOB *' BUTTON'S FOBEIGN KXPBBSB. . f>ACKAGIS received and orwarded to all £ parts of the world. Good* of al. description bought and sold on commission. ■ _ •, . 1698 / USTOMB FORMS.—Wanted Known on \ SALE atthrlrnns Stak Omos Albert streat, Gnthanißtown, INWARDS and O m' V-V > «-o» COASTWIR» TOR^ffß :' t a.-TjL'-ijS-.ii-u tttintia', in., colors, , {J a?bt&*eut • tty teithyto anobtaia« bl» <m th».Tia»#« a* th» MrmnftoAr