Page 3 Advertisements Column 2

New Zealand Tablet, Volume II, Issue 111, 12 June 1875, Page 3

most economical in the world. The property I is situated in the centre of Milton. Mr. W. M. White has now ready for market large supplies of saleable articles for general and domestic purposes. The present time is, therefore, considered by the projectors of this Company the most favorable opportunity of entering upon the possession ot the works, and pushing the manufacture and sale of potteryware in this and the adjoining colonies. An estimate of the nature and extent of the available market may be arrived at from the ' fact that the value of such imports into New Zealand alone for the year ending December last amounted to £70,000, of which Otago alone imported £22,000 worth of potteryware. The Promoters have every confidence that they will be enabled to supply the whole Colonial Market with any article in Potteryware, at a figure sufficiently low to compete successfully jwith the Home article, while securing a large margin of profit to the Company, who have secured the services,, as Manager of Mr., Chefcham, for 30 years proprietor of one of the largest English Potteries, and practically acquainted with the various processes adopted in every branch of the trade. The services of the- present staff — of over 30 thoroughly experienced hands— brought-from the Staffordshire Potteries direct, and now engaged upon the Works, have also been obtained. The projectors have agreed with Mr. W. M. White to take over the Freehold Property, consisting of Three Acres of Land surrounding the present centrally situated Works (secured with a view to their future development), and the large and substantial buildings, with plant and stock, at a valuation estimated at, or about £7000, including General Government bonus of £300. The amount of goodwill, estimated at £2000, Mr. White has resolved to invest in the Company in paid-up shares to that amount, so confident is he in the bona fides of the undertaking in the hands of a public Company. The projectors have also secured from Mr. White his right obtained from the General Government to remove clay from the lands adjoining the railway, between Tokomairiro and the Clutha, which clay is allowed by competent judges to be equal to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The projected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with the raw material, with unlimited and cheap coal supplies, and with a port of shipment ; as also with the metropolis and the large townships of the Province likely to ! form good markets for supplies. _ j The projectors appeal for support with every confidence to the residents of Tokomairiro and the settlers of the County of Bruce generally, as the establisnment of this industry has already tended greatly to develope the resources ot the district in opening up clay and coal mines, employing a large amount of outside labor in procuring and carting timber, coal, and clay supplies j while the recent unexampled prosperity of the township of Milton has been greatly advanced by the presence in its midst of the large number of employees — men, women, and children — engaged upon the works, and which would be greatly increased by a larger proprietary possessed of increased capital to carry on the works to every advantage. The promoters also confidently bring the enterprise under the notice of the general public of Otago, as it is a well-known fact that nothing so tends to advance the prosperity of a country as the establishment of local" industries within its borders, thus preventing the export of capital from the Colony for supplies of everyday requirements. Apart from these considerations, the enterprise of itself promises to bo an amply] remunerative and successful one. The projectors, having the matter in all its aspects every consideration, have great pleasure in placing the Company in the market, and believe it will prove in evei'y way worthy of public confidence and co-operative support. Forms of application may be obtained from Mr. G. "Capstick, Broker, Milton j or M. W. Hawkins, Dunedin. I GEORGE CAPSTICK, j „ Interim Secretary.