Page 3 Advertisements Column 2

Wairarapa Daily Times, Volume XVI, Issue 5146, 3 October 1895, Page 3

New Zealand Loan & Mercantile Agency Co. [limited.] WOOL [wool ! Important Notice to Sheepfarmers. fIMIE Company will hold its customary X Auction Hales of Wool on— Kill DECEMBER, 1895 ljth JANUAIIY, ISilO 14th I'EBItUAUY, 1896 At its ffooi, and Gaits Stobkb, Ebathkb-sros-sniKET, WELLINGTON. Unrivalled fnciliiics lor the display of largo and small clips, Moderate Clmrgcs ami prompt Account Saks with Cash ltcmittances. Ahsoh'te protection ajj'mkd by S/xml Claim in CuiiijHiiii/s Articles of Association. In view of the recent increase in values at Home, and the assurance of a large attcmlauce of buyer.-, Floek-ownow, in their own interests, should bold their Wool for these sales and benefit by the public competition thereat, Liiikbai, Cash Advances, Free if Commission or Procuration Fees, Abridged Prospectus OF THE Collier Two-speed Cycle Co,, [ujiiTEH.J New Zealand. Capital, £IO,OOO In Sluires of£l J'a'c/i. I'ayab'c !/• on application, 2/• on allotn cut, the bal-irtcc in cills ol 1/• cucti at inlei vnls of not less than cue month as rtijuired. Procimiial Directors: EX Mills, Ksi|.,(H.W JMlsiVflo., Ltd.) N, ilKiii, Esq., ( •>'. and 0. Tuiiibull & Co.) J, P. Maxvku,, Esq., M. Inst. C.E. \Y. L. Mkek, Esq., (Storer, Mce'i, & Co. 11.I'ouiEB, Esq. Bankers: Bank of Australasia. Solicitors : Messrs Mcoiikiioitsu & HJHI'IKUI. A'ulitors: Messrs llamiam i liiss. Broker fir Wniivru/iit: Mr 1). i), P.u'wobm.

miHS Company lias bci'U formed for the! X purpose of the sole patent rights for iSew Zeuuul of the ''Collier Two-speed Hear'' for l ycle-, mid io import or manufacture Cycles fitted with the gear, It is generally admitted !>.; r.tlcts of tho { ordinary machine that its greatest detect, as j a means of locomotion, is tho eifliculty of! mounting hills aud riding the wind, or on hud roads. This is caused by the single gearing. Tiie object of a two speed gear is to lessen the amount of labour necessary to propel the cycle up hills aud a.ainst head winds, or on had roads, a.id at the sumo time to allow a higher speed than usual to be attained on level roads. Hill-climbing robs cycling of much of its pleasure, and it is to remove this barrier that, the " Collier TwoSpeed Giar" has been designed. It is simple in construction, strong, mid is built as part nf the machine, in use, all that is necessary is to raise a knob, lilted at the top of the cycling trame, ai.d the gearing is changed while riding at any speed. Thus, if a hill is to he climbed, the knob is lowered, and immediately the machine beconias much easier to propel. On reaching tho summit, by raising the knob the higher gear comes into play, aud increased speed is obtaiued. The hard work hitherto necessary to propel a high-geared machine on give and take roads has debarred many people from indulging in the pleasure of cycling, and it is confidently anticipated that the "Two-Speed Gear" will add greatly to the popularity of the sport. The " Collier Two-Speed Gear" is absolutely new a3 a simple mechanical motion, and in this lies one great security to investors. It has been put to every practical test, and the highest testimonials have been received from tho leading English and Colonial riders aud engineers. Orders for the "Collier Two-Speed" have already beej received from the leading I cyele-inaliTS in Christchurch, Auckland, i Dunediu, Napier, iVc„ and it has created the | greatest interest amongst cyclists throughj out the Colo:.y. Tin immense strides 1 cycling is mating throughout the world, not j only as a sport, but as a means oi locomotion in the business affairs of life, must be apparent to every observer. Iu New Zealaud it is in its infancy, and the favourable ciimate (making itpraclical to cycle almost the whole year round) points to its being much more univers illy used than iu lesi favoured countries.

It is estimated by experts that there too 2DOO bicycles sold last year in New Zealand, and in a very few years it would not be surprising to seo these figures raised to 5000. Considering the immense advantages of tile ''CollierTwo-Speed Gear" over the single speed cycle, it is calculated that at least 600 machines would be sold the first full seasou, and it is confidently expected that two-thirds of the cycles purchased throughout the Colony, will bo fitted with this near. A first-class cycle, fitted with the Collier Two-Sliced Gear, sells for £22 10s, and tnis at a net profit o( i' 3 8s per cycle, provides for a dividend of 2o per cent,, and leaves a surplus of £BOO.

This estimate does not include any profit by way of interest on deterred payment business, or for sales oi the gear to other makers, which, in itself, shoulit represent a substantial profit, and the Directors have every reason to believe that this estimate will be :onsiderably exceeded. They see in this simple invention as great a revolution in cycling, as was cimstd by the advent of the now univer.-ally adepted Pneumatic Tyre, the company owning which paid, jn IWI3, a dividend of 200 per cent,, undulated £IOO,OOO to the reserve fund, It is intended (o establish the head office of the Company iu Wellington, as being the moit central print to work the Colony from. No delay will take place in the Company doing business, as the gears are being made in large quantities in Kimlaud. The 1 Collier Two-Speed Gear" Company, Manchester, ate prepared to supply thorn immediately, The purchase price fixed by the Vendor is £550 cash, £SOO in 12 months, 1000 fully paid-up shares, and a royalty of 10s per gear; but the vendor is willing to forego receipt oi any royalty on the first 000 gears. The Vendor has made provision for the payment of all expenses of forming and tloatiri" the Company up to the first allotment of shares. _ Where no allotment is niado the application money will be returned in full, and where the number of shares allotted is less than the number applied lor, tho surplus will bo appropriated on account of the allotment money. Any excess will be returned to the applicants. A pplktiliomfo)' skm will k receiml by Ma. D. S. PAPwoaiH./rora whom copied of litc proj/icc.'m may lieolitainol.

SHEARING. nHUAIiING will commence at AEMSTHONG'S, Akitio, on FKIDAY, OCTOBER lllli. j P. AIiJISTItONG., WOOL-CLASSING. AN Experienced "Woolcksscr is wailing an engagement, twentylive years of Home and Colonial experience. Good references and reports to show it required. Apply— J.B.D. Ncivmau P.O. FOR SALE. " OA n AOMS about six miles from OtrU railway stulion; nearly all cleared and grassed; well-watered and fenced; no buildings; first-class grazing country; carrying capacity, 1,500 sheep. I'ricc, £0 per acre. Exceptionally easy terms can be given, as owner is prepare! to i)l|ow Four-fifths of purchase money to remain on mortgage for a term o£ years nt 6 per cent, 190 acres close to railway station and creamery; fenced and sub-divided, and nearly all under grass; 30 acres river flat; with 3-roomed house, orchard, yards, etc; carries 400 sheep besides cattle and horses; part of tho land is specially adapted for dairy fanning. This property is offered at the low "price of £4 12s 6u per acre. MX) may remain on mortgage nt 7 per cent, J. B. KEITH, Masterton,