Prospectus, continued, the promoters believe that—taking into consideration the Accountant's statement, as submitted in detail, also the fact that the firm have spent large sum of money in opening and organising their various branches and factory, andr allowing for the increased trade which will, doubtless, be done under the' auspices of the new Company, the shareholders may depend upon getting regular and good dividends. All the preliminary expenses in connection with floating the Company are to be paid by Messrs Kempthorne, Prosser and Co. ACCOUNTANTS STATEMENT. "I certify that Messrs Kemplhorne, Prosser and Co.'s books, from 28th January, 1869, to 31st October, 1878, have been exhibited to me. They have been kept by double entry, and systematically balanced on the 28th of February of each year, the profits being regularly added to capital. The annual stock lists have also been produced. Balance-sheets from Auckland and "Wellington were also exhibited ; the former extending back to 1872, and these documents are clear and business-like, and accompanied by returns of sales, bill under discount, and other details, so as to shew fully the position of the branch houses at each balance. " I have taken out and tabulated the results shown in the Dunedin books, and the balance-sheets referred to, and compared the profits at the eDd of each financial year with the sales made during the year, and, also, with the capital shown in the books, at the beginning of the year, and find the following average results for the four years ending 28th February, 1876 : " Ist. The net profits on the cost values of the sales for the last four years, j equal .. .. 15.320 per cent. " 2nd. The average net profits on the average capital, equal.. .. 23.08 per cent. " WILLIAM BKOWN, " Accountant. "Ist November,'lß7 8."
Forms of Application for Shares can be obtained at the Union Bank of Australia and its Branches throughout the Colony; from the Secretary, at the firm's offices, Stafford street, Dunedin; High street, Ohristchuroh; Lambton Quay, "Wellington ; and Shortland street, Auckland. Applications will be considered in the order in which they are received. The Share List will close on the 30th November inst. H. N. ABBOTT FORMERLY OF THE ' WAITEMATA,' And more recently of the •CITY CLUB HOTEL,' "AS much pleasure in announcing . ' that he has purchased and taken possession of the UNITED SERVICE HOTEL, Corner of QUEEN and WELLESLEY STREETS, AUCKLAND, This Splendid House will be found replete with every modem comfort and conveniencp. for visitors, and at the present time is in all respects the MOST LUXURIOUSLY FURNISHED AND ELABORATELY APPOINTED HOTEL In the Colony of New Zealand. SPECIAL SPORTING NOTICE. All matters connected with the sporting business for so many years under Mr Abbott's direction, toill in future In transacted with the same promptitude reijularity and attention at the UNITED SERVICE HOTEL. THISTLE WHOLESALE WINE AND SPIRIT STORE, * SSOETI'D CASES OF WINE, . SPIRITS AND BEER, packed and delivered on the shortest notice. Spirits Overproof always in stock. Sandiman's Port, Cosen'a Sherry. Australian Wines—Red and White. Best Brands in any quantity. Having Cool and Spacious Cellerage, our Customers may rely on the SUPERIOR FLAVOR OF THE WINES, Etc., supplied. It being the desire of the Proprietor to supply the VERY BEST ARTICLES at the Lowest Possible Advance on Cost Price, our Prices will be found very moderate. Country Order&, \ccompanied with Post Office Orders promptly attended to.
J. G. LITTLE, PKOPEIETOR. KITCHEN .RANGES, ETC. TO LADIES CO NTRY SETTLERS AND OTHERS. THE IMPROVED PATENT PORTABLE 6MOKE.CONSUMING OVEN 3 Hr-n lieen in use now over five ybabs. When I first made these useful Ovens I guaranteed them to lust five years t with ordinary care. Ssveral ladies have informed me that they have had them in use over that time, and one neorlv six years, and to all appearances will last another five years. Tharo are now over TWO THOUSAND of thee Ovens in wee j no person should be without then! especially country settlers, os f ,hey require nosettinp, and for baking bread they are unrivalled. Everyone who has had tli m is entirely satisfied with theni, and the prices are from 38s to sis for an oven which will last over five, years, and eight different Biz&s to choose from. Also WROUGHT IROST COTTAGE, BOARDIJSG HOUSE. AND SHIP STOVES On hand and made to -order. Colonial Ovens, cheapest in Aucldanot guaranteed for ten years. Also, cheap, second hand Leamingnd Ranges, &c. Patent Chimney Tops, guaranteed to cure "smoky c'umneyf, And every kind of HouS'-bold Ironmongery, at HERBERT H. SMITH'S aUC ICL AN D IR O X vYO R KS DcjßlUit-sTKEET WEsT. Illustrated Pi'intrd Cafolog e s.nt on application.
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Waikato Times, Volume XII, Issue 1003, 26 November 1878, Page 4
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773Page 4 Advertisements Column 2 Waikato Times, Volume XII, Issue 1003, 26 November 1878, Page 4
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