Page 3 Advertisements Column 2

Waikato Times, Volume XXI, Issue 1723, 21 July 1883, Page 3

r \ *HE ■ NEW* / ZEALAND FROZEN 1 MEAT AND S J$T6ra.GE COMPANY (LIMITED). , ( INCORPORATED . UNDER " THE COMPANIES ACT, 1882.'" ' Capital £200,000, in 40,000 Shares of £5 Each. First Issue, 20,000 Sharks of £5 Each. Deposit on Application, 2s 6d per Share ; Payable on Allotment, 2s 6d per Share ; also 2s 6d per Share M'ithin one month of Allotment, and a further 2s (Jd oVery two months thereafter, until the sum of 20s be paid ; the balance as may-be required, but no Call shall exceed 20s per Share, or be made at lesser intervals than three months.

Head Office of the Company : No. 125, QUEEN-STREET, AUCKLAND. Directors : Joseph Banks, Esq. (Fisher & Co. Limited) Auckland Alfred Buckland, Esq., Auckland Arthur Bull, Esq., Auckland John Logan Campbell, Esq., Auckland Patrick Comiskey, Esq., Auckland. J. C. Firth, Esq., Auckland. Joseph Howard, Esq., Auckland Every Maclean, Esq., Auckland J), L. 'Murdoch, Esq., Auckland L. D. Nathan, Esq., Auckland Thomas Russell, Esq., C. M. G., Auckland. Francis D, Rich, Esq., Otago James Runciman, Esq., Waikato William Steele, Esq., Waikato Hon. James Williamson, M. L. U. Auckland. E. B. Walker, Esq., Cambridge. (With power to add to their number). Bankers : The Bank of New Zealand. Solicitors : Messrs. "Whitaker & Russell, Auditor : A. Boardman, Esq.

This Company is formed for the purpose of facilitating and promoting the export of Meat, Dairy, and Agricultural Produce of this Colony, and ot all kinds of produce from the South Seas. The Company intend to do the export business for the public entirely as agents, and on agcucy terms, but it will be prepared, if such business is not offered, to undertake it as principals. The question of the Meat pupply to Europe is one of the most important of the present day, and is exciting great attention. The consumption of animal food food throughout the old world is increasing, through the higher wages earned by the masses since the groAvth of manufactures, and the consequent increase and distribution of wealth. In 1870 the total value of the meat imported into the United Kingdom was £7,708,000 ; but in ISBO it had grown to upwards of £26,000,000. This scarcity of meat has been partially relieved by the supply from America, but lately the rising price there has caused a falling off of the supply from that source. The application of science to meat preserving has opened up to New Zealand this new and vast market for its produce, and the prospect which is thus opened to the colonists is most encouraging, and must add greatly to the wealth and commerce of this country. Mr Joseph Banks, Managing Director of Fisher and Co., has taken a very large interest in this Company, and to secure his 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 Directors 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 purpose of the Company. They propose erecting immediately upon this site 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 Works to be constructed by agreement between the Harbour Boai-d and the Company will be connected with the railway by a line of rails, and be on the finest deepwater wharf in Auckland, where ships drawing 25 feet of water can come alongside and LOAD A CARGO OF FROZEN MEAT IN 48 HOURS. The Works will bo commenced forthwith, and the Directors believe that within 12 months they will have their Freezing Plant, Meat Stores, Market and Export StoTes ready for use. The DEAD MEAT STORE and MARKET will have a capacity sufficient to store a cargo for the largest ship, and also to provide storage for the local wants 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, Jand by the Butchers as a Reserve Store for their meat until required to meet the daily wants of thoir Retail Business. The Butchers, and through them every householder in and around Auckland, will be largely benefited by having a constant supply of prime meat, in first-olass 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 purchaser has in reality to pay, will be completely avoided by utilising the Company'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 means and appliances and transit by which the Company's constituents can reap the benefits of the Company's storage and export facilities and market in Auckland, England, and other places. Mr Banks is now in America, and will, at Chicago, engage Expeit's in the Canning and Meat Preserving trade. Though New Zealand meat is 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, thau any supplied from New Zealand or the Australian Colonies. ' This difficulty the Directors hope shortly to overcome, and soon to be able to supply tinned and preserved meats that will compete with that of the best produce houses of Chicago. The demand throughout Europe and the East for tinned and', preserved meats of this class, is practically unlimited, and a direct, trade,, between, Auckland, India, (Jh'ina, 'and Japan ,is gradually growing up. v \, , , The Canning. of M^atjOna Jarge acaje, and in the first-class mode proposed, will,practically, be a new industry^among 1 , us thatftvill/give' constant employment .toLa consideraWe f of syprkmeq? 5 yprkmeq ? and will also utiUse^a.' ? latge'o,uanti]byj 'of meat in a muchj'mbre advantageous ana profit-! able manner t^anfls afci present f-possible;' f -possible;' canning or* freezing'ift^ . 'J~ r . .. j hAe the General Export Stores tKeH Company will^immediately* eres»tia s