Page 3 Advertisements Column 2

Thames Star, Volume XIV, Issue 4542, 26 July 1883, Page 3

Prospectus THE NEW ZEALAND FROZEN MEAT AND JSTOEAGE COMPANY (Limited.) INCORPORATED UNDER " THE COMPANIES ACT, 1882." Capital £200,000, in 40,000 Shara* of £5 Each. First Issue, 20,000 Shares of £5 Each. Deposit on Application, 2b 6d per Share ; PajaWe on Allotment-, 2s 6d per Shnre ; also 2b 6'd per Share within one month of Allotment, and a further 2b 6d every two , months thereafter until the Bum of 20s be . paid j the balance as may be required, but no Call shall exceed 20a per Share, or be made at lesser interval than three months. Head Office of the Companyi . NO. QUEEN STBEET, AUCKLAND. DIRTiOTOBS: '■■-*' Joseph Basks, Esq. (Fisher & Co. Limited), Auckland . \ t Alfred Buckland, Esq., Auckland Arthur Bull, Esq., Auckland John Logan Campbell, Esq., Auckland Patfiok Comiskej, Esq., Auckland,, J. C. Firlb, Eeq., Aueklank Joseph Howard, >Tsq, Auckland Every Maclean, Esq., Auckland D. L. Murdoch, Esq., Aucland L. D. Nathan, Esq., Auckland Thomas Russell, Esq., C.M.GK, Auckland Francis D. Eicb, Esq , Otago | James Runcim n, V sq., Waikato William Steele, TSsq., Waikato - r Hon. James "Williamson, MX.C, Auckland E. B. Walker. Erg, Cambridge. ■ (With power to add to their number). , Banubbs: The Bank of New Zealand. Soticitobs : Messrs Whitaker & Russell. Ar/DI'iOBS:. A. Board man, Esq.

This Company is formed for the purpose of • facilitating and promoting tbe export of Meat, Dairy, and Agricultural Produce of this Colony, and of all kinds of produce from the South Seas. The Company intend to do the expoH bu»i----j ness for the public .entirely as agents, and on ! agency terms, but it will'be prepared, if such j business is not offered, to undertake it as principals. , i rJ he question of the Meat supply to Europe is one of the most important of the present day, and is exciting great attention. . The consumption of animal food throughout the old world is increasing, through the higher wages earned by the masses since the growth of ''manufactures, and the consequent increases and distribution of wealth. In 1870 tbe total value of the meat, imported into the United Kingdom was £7,708,000; but in 1880 it had grown to upwards of £26,000,000. This;.'''scarcity of meat has been partially relieved by the supply from Arnerica,but latel.v the rising price there has caused a falling off of tbe supply from that source. The application of science to meat presorting has opened, up to New Zealand this new and vast market* for its produce, and the prospect which is thus ■ opened up to the colonists is most encouraging, and must add greatly to the wealth and commerce of tbe country. . Mr Joseph Banks, Managing Director of Fisher and Co., has taken a very large

I interest in this Company, and to secure bis services and the knowledge and experience gained by an established and successful concern, the Directors have purchased the extensive Meat Preserving, Butchering, and Export business of Fisher and Co. (Limited), with all their Freehold and Leasehold Estates, Plant, Book Debts, Live and Dead Stock. The Dkectors intend.to continue the business now carried on by Fisher and Co., and to largely extend their operations. The Directors have also purchased at public auction from the Auckland Harbour Board, the finest site in New Zealand for the purposes of the Company. They propose erecting immediately upon this Bite a first-class plant for freezing meat for export, chilled chambers for a Dead Meat Market, and General Export Stores. This site is situated at the Railway Terminus, and the Worts to be constructed by agreement between the Harbour Baard and the Company will be connected with the railway by a line of rail*, and be on the finest deepwater wharf in Aucklapd, where ships drawing 25 feet of water can come alongside and LOAD A CARGO OF BEOZBN MEAT IN 48 HPUBB.

The Works will be commenced forthwith, and the .Directors believe that within 12 months they will have their Freezing Plant, Meat Stores, Market and Export Stores ready for use.

, The DEAD MEAT STORE and MAR. SET will have a capacity sufficient to store a cargo for the largest ship, and also to provide storage for tho local wante of Auckland. It is believed when these capacious chilled Stores are ready, .they will be used by Stock-owners, not only as a depot for the Meat cargoes intended for shipment, but also as the Depository for the stock they have for sale, and by the Butcherfl as a Reserve Store for their meat until required to meet the daily wants of their Retail Business. The Batchers, and through them every householder in and around Auckland, will be largely benefited through having a constant supply of prime meat, in first class condition, during our hot summer weather, as well as in winter. The well known large loss of meat in hot weather, for which the retail purohaser has in reality to pay, will be completely avoided by utilising the Com- , pany's chilling stores. Provision will also be made for Cool Chambers for Dairy Produce, Butter, Cheese, Milk, and a separate Chamber for Fish supply* Connected with this Branch of the Company's business will be the manufacture of Ice, which will be made on a large scale and sold (still at a large profit), at very much lower rates than have yet been known in Auckland.

It is not intended to confine the operations of .the Company to the Provincial District of Auckland. It will seek to collect stock and produce from other portions of the North Island, and will either directly itself, or with the co-operation of other districts, provide suitable local mean* and appliances and transit by which the Company's constituents can reap the benrfiba of the Company's storage and export facilities and market ia Auckland, England, and other places. Mr Banks ia now in Atnerioa, and will, at ChieagOi cngag« Export* in tho Canning and Meat Preserving trade. Though NewZoaland moat i» admitted to be superior to American, yet superior skill and knowledge of the trade has hitherto enabled America to supply a better article in tinned and preserved meats than any supplied from New Zealand or the Australian Colonies. This difficulty the Directors hope shortly to overcome, and soon to b« able to supply tinned and preserved meats that will compete with that of the best produce houses cf Obfcago. The demand throughout Europe and the last for tinned and preserved meats of this class, 1b praoheallv unlimited, and a direct trade between Auckland, India, China, and Japan " gradually growing up. The canning of Meat on a large scale, and in the first-olasß mode proposed, will, practically, be a new industry among us that will eive constant employment to a considerable number of workmen, aad will also utilise a large auantity of meat in a much more- advantageous and croiitable manner than is at present possible/as the Company, will have the option of canning or freezing it. Af the General and Export Stores wbiob