Page 4 Advertisements Column 2

Thames Star, Volume XIV, Issue 4530, 12 July 1883, Page 4

PROSPECTUS OF THE AUCKLAND SHIPPING CsKßJ®tt< (Limited). "v '- l ' CAPITAL 56150,000, In 30,000 Share* of £&Eaoh. The Capital is to b» called up as fallows 6b per share on application, 5a per share on allvtmmt, 5s per si.are at interrals of three months, as vequireJ, until £3 per share ie psid up. Pbotisiokax Dibsotobs : - Anderson, H. F, Esq. Morton, H. 8., Eeq. Aickin, Graves, Esql HMitcbelson, E., Esq., Barber, H. P., Esq. ifMI.R. Carr,J»iC>, Esq. ... McKenzie,;D. H., Esq. Chambers, Jno., Esq. Masefield, T. T., Eeq. Craig, Jos., Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W., Esq. Geddcs, J. M., Esq. Porter, A., Esq. Hardy, J. Esq. Stone, 0. J., Esq. Hulme, Geo., Esq. Stone, C. 8., Esq. Harper, Geo., Eeq. Tonks, 8., Esq. Hall, W. F., Esq. .. Wilson, J. L., Esq.' BBOKBBS: < Brokers' Association. Maka&lNG Director: C. B. Stone, Esq. SkobbtabY, pbotbm. : J. O.Berger. . The object 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 tooAXIT ownhd VEBBEM, and the shipping business carried on by a pcbbxy lOCAL COMPtHY. , The rates 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 eit er foreign or intercolonial. The acknowledged dt ily increasing oommermeroial im,. ortacoe of Auckland isa loarce 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 us to provide: vessels to trade in «be directions already/ opened, and others which may from time to tipe offer, inducements. . : . ■ r There is ample room for a well-organised new line between Auckland and London, LiverpootfandGlasgow, with New York, and with tome 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, Ac, being already established, could eafily 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 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 tirade 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.,fwbo have for some time carried ; on a good snipping 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^| taking half the amount in Company's shares; Their fleets 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 branches. .-.•■ , : _ ■:-;■• ..,, . . ■ „; '.). ; The servio s of Mr C. B. Stone, as managing director, and the staff at present under bis control, who are experienced in this line of business,, have been secured to take -offioe •under the new Company.; :■ ;; It is further proposed that ihe working, cxv penses should tie conducted on strictly economical principle^ the expense of agencies and branches to be defrayed out of commisnions on the actual freights earned by those branches. The proposed capital is set down at £150, 000, but aa only a small portion is required at present for the purchase' of tho existing fleet and contingent expenses, further capital will not be called up untl vessels suitable for the .London and other trades may offer for sale at \ essonable 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-ness-men and all who may have any interest in the trade of onr 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 moit lucrative investment to Share-holders. The promoters having every confidence in the success of the undertaking, now appeal to the public -to ensure it by subscribing freely forSharcS. ' LIST OF VESSELS. .Tons : !' egiaterj Laira, Iron Barque 492 Aloeslis, Iron Barque :.. *... 39 H Stanley, Wooden Brigantine ... 351 .faroell, Wooden Brigantine ... 348 Caberfeidh, Wooden Barque ... 333 Peerless, Wooden Brigaptine ... 292 Bella Ma^y, Wooden riarque ... 244 Energy, Wooden Three-masted / Schooner . „* - 185 2642* An extract from the Books of Messrs Stone Broa. shows that seven vessels of tho value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of charge for Insurance on Hulls. T(iesß figures serve tn sh«w that, with a larger fleet, extended businpss, - and more .capital, substantial dividend* may confidently be anticipated. . 1400 Insure! Insure! Insure! THE IMPERIAL INSUBANCE 00ftPAN V IS Prepared to take FIRE RISKS in all 1 parts of the township at the LOW ESI CU&BJfiNT BATES. „ _ Scales.of Es*e»i 40., to be seen at the Btab Onion. « ■ „ • ■ *• WM. MdOULLOUGH. Agjbnt. '- INBVBBBS LIBBBAiIT DJBAII'H Wll'H. Losses, promptly'paid. Bemember—• The ilm^eriaic-Fh-e.-InßUPaßoei: , Company /. ■ .. ■