Page 4 Advertisements Column 2

Thames Star, Volume XIV, Issue 4531, 13 July 1883, Page 4

Prospectus PE O 8 P E C T JET S , ' OF THB" ,; \ I• <i 'i l j ■ AUCKLAND SHIPPING? COMPANJr (Limited).; ) CAPITAL ..I ... „. £150000/ In 30,000 Shares of £5 Each. The Capital is to ba called .up as f .How* 5a per share on application,. 5s per share on all tment, 5s per s> are at intervals of three months, as requirel, until £3 per share is paid up. 7,, Provision At Dibeotobs : Anderson, H. F.Esq Morton, H. 8., Esq.' Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H^ P., Esq. MVH.Ri Carr, R. C, Esq. McKenzie, D. H., Esq. Chambers, Jno., Esq. Masefield, T. T., Esq. Craig, Jos., Esq. r . Nathan, A; H., Esq. Dewai-, A., Esq. Owen, Gr. W^V Esq. Geddes, J. M., Esq. Porter, A., Esq. Hardy,'J.Bßqi' Stone, C. Ji, {Eaq. ■ Hulme, Geo., E«q. Stone, C. 8., Esq. Harper, Geo., E«q. Tonks, 8., Esq. Hull, W. F., Esq. Wilson, J. L., Esq. [ Bbokbbb: I Brtkers' Association. • Managing Dibeotob: C. B. Stone, Esq. SeobetabT, pbotbH.: J. 0. Berger. The object of this Company is to provide 'tonnage suitable to the growing trade of the ■Port of. Auckland, so that tbe imports and exports of our city may be as much as possible carried in IOCALLY OWM>I) TEBBELB, and the shipping business carried on by a PCBStiT IXSCAI: cqmp*nt v „:';,• ..-■::-; : . i■■ ■ if The rates of freights current in this colony compare most favorably with those ruling) in neighboring colonies, and are as a rule auißciently remunerative Iq^ leave a good profit, trading htnee eit er foreign or intercolonial^ The acknowledged daily increasing commermercial im i ortafa.ee of Auckland ia a source of gratifioat'OD, and the shipping trade, under skilful* management, and_jrith sufficient capital, would meet ; wi<ll' speedy and great' development with many parts of the WoHd with which we are at present not in absolutely direct cbmmunicatioD ' \ -] The objectbf this Company is to provide vessels 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 York, and with some of tbe large** centres of Continental Enropean trades. Of course, the large and increasing export of balk" and sawnrtimber will form an important adjunct. A.trade with Tasma6iir;Sydney, Melbourne Adelaide, 4c, being alreany established/could eaiily be continued with regularity, whilst the Newcastle and Greymouth coal trades should be also provided for. 7 i There is a vast field in 1 prospective for a good tradej with A erica, Mauritius, China, Manilla, Calcutta, The Cape, Noumea, and numerous foreign poris, with some of wbioh. 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 th'emaehres 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,Btoße Bros.,£who have for some time carried on a good shipping business, and who have now fairfy started a new London line, possess the nucleus of a fleet suitable for commenoirig operations, afld • arrangements have been made to'takVover '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. Tbeir, 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 branches.' ' ' ' *' ' The servic s of Mr 0. B. Stone, as managing director, and■ the staff at,present,under hia control, who are experienced* in this line of business, have been' secured to take office under the nefw/Company. It is further proposed that •he working expenses should be conducted on strictly economical principles, tbe expense' of agencies aud branches to be defrayed out of commisnona on the actual freights earned by those branohea. The proposed capital is set down at £160, 000, but at 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 easonable prices,: until which time, it ia proposed to charter Tassels 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 our pori to take Shares in this local Company, and to give the undertaking every possible support. The Company would thus be ia a measure self-supporting, and strong enough to compete -mote successfully with, any outs de or foreign company or foreign shipping. The Company could then not fail jo be a credit to our port, and a most lucrative investment to Share-holders. The promoters having every confidence in the success of tbe undertaking, now appeal to the public to ensure it, by subscribing freely for Suar s. LIBT OF VESSELS. Tons egiater] Laira, Iron Barque 49a Alceetiß, Iron Barque ... ... 39i Stanley, Wooden Brigantine ... 351 Darnell, Wooden Brigantine ... 348 Caberfeidb, Wooden Barque ... 333 Peerless, Wooden Brignntine ... 292 Bella Mary, Wooden Barque ... 241 Energy, Wooden Three-masted Schooner ... .. ... 185 2642 -, An-extract from the Booles of Messrs Stone Bros, shows that seven vennola of the value of £25,000 yielded an average monthly profit of £530, equat to £6360 per annum, exclusive of charge for Insurance an Hulls. .. < These figures serve to bliow that with a larger fleet, extended business, vand more, capital, substantial dividends m'ay^conficientlv be anticipated. ' 1400 Insure! Insure! Insure! THE IMPEBIAL INSURANCE COAIPAtf V IS Prepared to take FIRE RISKS in all ' parts of fcberfcoweghip atthe LOWEST CURRENT BATES. ' Scales of Rates, 4c, to be teen at the Stas OraiOE. WM. MoOULLOTJGH. -• - '•' • '"• -• - .Aeiira?, Insubmbs LiBXBAi.i;y.yD>AtTH With. , ; , Losses promptly paid. ■ , Remember—•— -. -.-_-_ ..^ „-,? The Jmo«rial^Fire."lnßuranceJi Company