Page 4 Advertisements Column 3

Thames Star, Volume XIV, Issue 4526, 7 July 1883, Page 4

:. v -v. -„,.,. ^.^^^sis^^-^^L-^^ PR OS P E C T U S OF THE AUCKLAND SHIPPING COMPANY (Limited), CAPITAL ... £150,000, In 30,000 Sharei of £sEaoh. The Capital is to ha called up a* f How* 5s per share on application, 5s per share on all tm nt. 5s per s,are at interva 8 of three months, as require i, until £3 per share i-i paid up. Pbovisionai Dibbctobs : Anderson. fi.F.Esq. Morton, H. B.,Esq Aickin, Graves, Esq. Mitchelson, 8., Esq., Barber, H. P., Esq. M.H.R. Carr, K. C, Esq. McKenzie, D E, Esq. Chambers, Jno., Esq. Masefield, T. T., Esq. Craig, Jos., Esq. Nathan, A. H., Esq. Dewar^A., Esq; Owen, &. W., Esq. Geddes, J. Iff., Esq. Porter, A., Esq. | Hardy, J. Esq. Stone. 0. J., Ksq. Hulme, Geo., Esq. Stone, C. 8., Esq. Harper, Geo., Eoq. Tonk», 8., E*q. Hull, W.F., Esq, Wilson, J. L., Esq. • ■ /'''."•'■ (Bboebbbi .•■■■■■ .h- "" Brokers' Association. Managing Dibkctob: C. B. Stone, Esq. SbcbbtabY, pbotbh. :. | J. C. Berger. The object of this Company i* 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 IOCAiIT OWNKD VEBSEM, and the shipping business carried on bj a pcbki/t I.OOAI COMP4MY. .-■-.•--...■••■ . The »ates of freights current in this colony compaie most favorably with those ruling in neighboring colonies, and are as a rule sufficiently remunerative to leave a good "profit^ trading hence eit er foreign or intercolonial. t The acknowledged dtily increasing commermercial im, ortanoe of Auckland it a source of gratificaton, and the shipping trade, under skilful management, land with sufficient capital, would meet with .speedy and great development with many pirts of the World with which we are at. present, not in absolutely direct, communication : ' • The object of this Company is to provide v seels to trade in the directions already opened, and others wbich 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 Turk, and with tome 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, 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 good trade} with A erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and nnmerous foreign pons, wi'h some of which, even at the present moment, a profitable direct trade ib 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, iv the event of their own not being immediately available. _ Meiers Stove 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 io take over their vessels and the goodwill of their shipping business for the sum of thirty thousand (ix 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 us possible, so that the business maybe extended without delay, especially the London and American branches. ■ The servic s of Mr C. B. Stone, as managing director, and the Stan! at present under his control, who are experienced in this line of business, have been secured to take offiVunder the new Company It is 'urther proposed that' he 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 branches. The proposed capital is set down at £150, 000, but ac only a small portioa 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 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 busi-nets-men and all who may have any interest in the trade of our port to take Snares 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 moat 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 mo*t 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. LTons . egister' Laira, Iron Barque „ ... 49tf Aloestis, Iron Biirqun ... ... H!H Stanley, Woodun Bri^a-.wwie „. 351 I'aroell, Wooden Brignnciue ... 348 Caberfeidb, Wooden Birque ... 333 Peerless, Wooden Brig-tntine ... 202 Bella Mary, Woodeu barque ... 244 Energy, Wooden '-.Throe-masted " Schooner ... 185 ■■:^- >',■■ ..■ ■ -.i : ' ■■. ■■:■■: < • .-■ 2642 .An extract from the Bool;a of Messrs Stone Bros, shows that seven v<-83els of the/value of £25,000 yielded an average monthly profit of £530, equal t0'£6360 per annum, exoluaifu of charge for .Insurance en Hull*; These Qgureu serve to show that with a larger fleet, extended business, * and . more capital, substantial dividends may confidently be anticipated. . 1400 Insure! Insure! Insure J THE IMPERIAL INSURANCE OOMLP&S V- , iS Prepared to take EIRE RISKS in all „parts of the township at the LOWEST CUBBEJST BATES. Scales of Rates, &c, to be seen at the Stab Office. . ■ . • ' WI. MoOULLOUGH. AaiNT. INSCBBB3 LIBBBAILT DJBAI/TH WITH. Losses promptly paid. Remember— « The Jnroeriall. Fire, Insurance 'Company