Page 4 Advertisements Column 4

Waikato Times, Volume XX, Issue 1693, 12 May 1883, Page 4

. Notices.

TjiOß SALE PRIVATELY.

Having been requested by various residents in Cambridge to , cut up a- portion of my' Farm 'as Sites for VILLA RESIDENCES, I have decided to do so, and now offer For Sale sections varying in size from 5 acres opwardsl J. ALLWILL. . For further information apply to me or Mr J. P. Thomson, Cambridge. PROSPECTUS OF THE ' AUCKLAND SHIPPING COMPANY (LIMITED). Capital £150,000, In 30,000 Shares of £5 each. The capital to be called upas follows: sspers per share on application, fts per share on allotment, 5s per share at intervals of three, months, as required, until £3 per share is paid up. Provisional Directors : ' Anderson, H F, Esq Morton, H B, Esq Aickin, Graves, Esq Mitchelson, E, Esq, Barber, H P, Esq MHR Carr, R C, Esq McKenzie, D H, Esq Chambers, John, Esq Maseficld, TT, Esq Craig, Joseph, Esq Nathan, A H, Esq Dewar, A, Esq Owen, G W, Esq Gcddcs, J M, Esq Porter, A, Esq Hardy, J, Esq Stone. C t, Esq Hulme, Geo, Esq Stone, C B, Esq Harper, Geo, Esq Tonks, B, Esq | Hull, W F, Esq. Wilson, J L, Esq BuoKrßs: _ Managing Director:: Brokers' Association. C B Stone, Esq SnCRKIAKY. PRO IEM. \ J. C. Berger. The object of the Company is to provide tonage suitable to the growing trade of the Port of Auckland, so that the imports and exports of our city may be as much as po&sible carried in locally owned vessels, and the shipping business earned on by a purely local company. The rates of freights current in this colony compare most favourable with those ruling in neighbouring colonies, and arc as a rule sufficiently remunerative to leave a good profit, trading hence either foreign or intercolonial. The acknowledged daily increasing commercial importance of Auckland is a source of gratification, and the shipping trade, under skilful management and with sufficient capital, would meet with speedy and great development with many parts of the World with which we are at present not in absolutely direct communication. The object of 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-orga-nised new line between Auckland and London, Liverpool and Glasgow, with New York, and with some of the larger centres of Continental European trade. Of course, the large and increasing export of balk and sawn timber will form an important adjunct. A trade with Tasmania, Sydney, Melbourne, Adelaide, &c, being already established, could easily be continued with regularity, whilst the Newcastle and Grey mouth coal trades^hould be also provided for. There is a vast field in prospective for a good trade with America, Mauritius, China, Manila, Calcutta, the Cape, Noumea, and numerous foreign ports, with, some of which, even at the present moment, a profitable direct; trade is being parried on in a desultory manner, and ■which would find support from the new industries lately established here and in prospective establishment. The Company do not propose to limit themselves 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. Stone Bros., who have for some time carried on a good shipping business, and who have now fairly started a new London line, possess the nucleus of a fleet suitable for commencing operations, and arrangements have been made to take over their vessels and the good-will 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. Their fleet consisting of 8 vessels, aggregate tonnage of 2642 tons, should tie augmented as aoon as possible, so that tho business may be extended without delay, especially the London and American branches. The services of Mr C. B. Stone, as managing director, and the staff at present under his control, who are experienced in this line of business, have been secured to take office under the new Company. It is further proposed that the working expenses should be conducted on strictly economical principles, the expense of agencies and branches to be defrayed out of commissions on the actual freights earned by those branches. The proposed capital is set down at £150,000 but as only a small portion is required at present for the purchase of the existing fleet and contingpnt expenses, further capital will not be called up until vessels suitable for the London and other trades may offer for sale at reasonable prices, until which time it is proposed to charter vessels as required to supplement the present fleet. It is proposed to invite all Auckland business-men and all who may have any interest in the trade of our port to take Shares in this local Company, and to give the undertaking every possible support. The Company would thus be in a measure self-supporting, and strong enough to compete most successfully with any outside or foreign company or foreien shipping. The Company could then not fail to be a credit to our port, and a most lucrative investment to Shareholders. The promoters having every confidence in the succesß of the undertaking, now appeal to the public to insure it by subbcribing freely for .Shares. LIST OF VESSELS. Tons Register. Laira., Iron Barque 492 Alcestis, Iron Barque 398 Stanley, Wooden Brigantine... 351 Parnell, Wooden Brigantine 348 Caberfeidh, Wooden Barque... 333 Peerless, Wooden Brigantine 292 Bella Mary, Wooden Barque 244 Energy, Wooden Three-masted Schooner ... 185 2642 An extract from the Books of Messrs Stone Bros, shows that 7 vessels of the value of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of charge for Insurance on Hulls. These figures serve to show that with a larger fleet, extended business, and more capital, substantial dividends may confidently be anticipated.

C, Easteebeook Smith, BUILDER & CONTRACTOR, Begs to inform the general public that he has opened a WHEELWRIGHT'S BUSINESS in conjunction with^ the above, in Brewery-street, Cambridge, where all work entrusted to him will be completed with despatch in a workmanlike manner. Note the Address : C. EASTERBROOK SMITH, Builder and Wheelwright, Opposite Hally Brothers' Brewery. CAMBRIDGE. Agent for Standard Fire and Marine Insurance Company.

TjTICTORIA FTOTEL, Victoria -street, Auckland. Opposite the Theatre Royal. . PROPRIETOR R. F. LUKS, SAMPLE R3OMS FOR COMMERCIAL GENTLEMAN. Night Portek. . Bath, DEUTSCPKS BIER.