PROSPECTUS OF THE WANGANUI FROZEN MEAT AND DAIRY PRODUCE COMPANY, Limited. To be incorporated under " The Joint Stock Companies Act, I860.") CAPITAL £20,000, In 2000 Shares of £10 each, To be paid as follows : 5s on application ; 10s on allotment ; and the balance by ■ calls not '-iceeding 20s per share, at intervals of JCitless than three months. It is proposed to call up not more than half the capital in the first instance, the balance to bo preserved for the extension of operations when required. Pbovisionai. Directors : Messrs F. R. Jackson, Wanganui .. . , J. Abbot, Wanganui ' . J. Notman, Wangamii W. Craig, Waiora D. G-. Poison, Nb.'2 Line J. Lomax, Wangamii ' W. H. Watt, M.H.R., Wanganui J. Sarjeant, Fordell C. Cameron, Turakina W. T. Oiven, Wangaehu O. Durie, Waitotara J.Moore, Kai I-wi H. S. Harrison, Warrengate J. R. Lysaghfc, Hawera J. Dickie, Waverley J. R. Sommerville, No. 3 Line R. Hammond, Marton Bankers : Bank of Australasia. Solicitor : Mr George Hutchison. Interim Secretary : 'Mr C. S. Cross. ■ rpHIS Company is projected with the -L object of i providing means for preparing for Export Mea.t and Dairy Produce by the refrigerating or other process. The present .intention is to prepare the Meat and Dairy Produce for shipment on owner's account, and to arrange for the Bale thereof in the London market. The Company has power either to p'uvchase or ship on owner's account, as may be found desirable, and also to control the sale as well as the Freezing and Export of the Produce, it being evident that a concentration of interest is necessary in placing shipments on the markets until the trade has been developed. .The Company propose to take an interest of £2000 in a new steamer (which, is to bo built or purchased), containing a cooling chamber capable of stowing 1000 carcases. This .will also materially benefit the trade between Waiiganui and Wellington. The preparation and storage of Cheese and Butter for export will become an important operation of the Company, and, as the market in England, for these products is practically unlimited at prices showing 50 per cent advance on Cheeso and 100 per cent on Butter over thoae current in the colony, an extensive export may be anticipated. The, company, recognising this, will provide cool storage until a vessel is ready to receive it. Tbe necessary appliances for cool storage hare been erected in the Docks at Home. It is expciled that the Company will pay fair dividend on the outlay, ns the following calculation will show : — The estimated export per year is 50,000 carcases, averaging 721 b each,- which, at a cost of £d per lb for freezing, would give a yield of 3s per carcase. Taking one-third as the profit, it would amount to £2500, being interest on a capital of £20,000 at 12i per cent. . The Company therefore confidently relies on those who arc directly or indirectly interested in developing the Grazing and Agricultural. Interests of the district to assist in carrying oiifc tbat which, if properly managed, cannot fail to be a profitable undertaking. Forms of application for shares can be obtained from f: r. jacksojt, ) -„ ,„ . . .; JNO. NOTMAN i}' Bl ° k^' ! Or ' C. S. CROSS, .^"Jnterim Secretary. , The Share' List will close oh the 30th of November. T. NICHOLAS DESIRES to inform his customers and the public of Wanganui tbat he is now in a position to supply the people's wants with the best of goods at the lowest prices in Groceries, Ironmongery, Crockery, G-lass and Bruskware j also, Patent Medicines Perfumery, Stationery, all school requisites, &c. •'.■-.'.,: , ' • T. If. begs to coll. special attention to bJB stock of Teas, which is of,the best.-quality obtainable in the colony, and, as everything requires testing to prove it, T. N. is con» fidentthat if the inhabitants of Wanganui will give his Tea a trial, the. test will prove to be satisfactory. T. N. also would remind the public that Cash purchasers, will find it to their, advantage to visit the Establishment, .where they will have a Liberal Discount given for cash. ' T. NICHOLAS, Corner "Victoria Avenue and Ony ton-street ONEY TO LEND, in sums to suit bor rowers' Apply to G\ McCaul, Victoria Avenue. TTIHB NEW ZEALAND -. ,z \- SHIPPING COMPANY' , Vi-'SB LINE.- ■ - p, C?l [ ' -— ■' a C_4. WOOL SEASON, 1882-3. Ilj ' \ The following high-classed 1 1 ' iron clipper ships ore oppointed to sail from Wellington for London during ;ho season, carrying passengers and all descriptions of cargo at current rates : — Ships. Tons Glass. Master Sate. Cooleen ... 629 100 Al Barkley ... Nov. OtaM ... 10H do Holbeaolie tofjllow Wanganoi 1077 do Watt ... do Orari ... 1011 do Worafcor .. do and other first class vessels to follow as re quried. freight and Passage -arrangements can h^mado at the Hend Office, Ohrißtohureh, or at any of th. Branches in New Zealand. Apply, in Weliihgtos, to the NEW ZEALAND SHIPPING CO., LIMITED Cnstomhonse Quay. pASSENOEB LINE OF PACKETS FOE LONDON DIRECT. SAILING IN ALL^OVEMBEK. • -£h^ S l )lei " lid Iroll Clipper Borqu J|j|P> ' GLENLOKA, i>K§§£ I'lG tons, W. Scotland, mastei This vessel will be the first wool ship c the season, and will arrive in London i time for the February wool sales. Cargo is now being received ou tL Queen's Wharf, Wellington. For freight or passage-money apply to JOHN P. WATT, Agent. WfANG-Du J3BTCK YAKUS, Olo' YY to St. Tohn's Platform. W, WARWICK, Propriety
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Wanganui Chronicle, Volume XXIV, Issue 9662, 3 November 1882, Page 1
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890Page 1 Advertisements Column 2 Wanganui Chronicle, Volume XXIV, Issue 9662, 3 November 1882, Page 1
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