Special Advertisements. iospe c tv s OF THE NEW ZEALAND TOBACCO GROWING AND MANUFACTURING COMPANY (LIMITED). Registered Under "The J»int Stock Companies' Act, 1882." CAPITAL £2<>;000, IN I.COO SHARES OF £5 EACH, Payable as follows :-5s per Share on Application, 5a per Sharo on Allotment, and the balance as may be required in auras not exceeding 103 per Share at intervals of not less than Three Months. Head Office and Factory, Auckland. Provisional Directors: John Ballance, Esq.. Wanganui Major Geobqe, Gentleman Seymour George, Esq., M.H.R. Arthur Heathhr, Merchant Hon. E. Mitchelson, M.H.R. • D. H. McKenzie, Esq, Merchant Franz Scherpf, Merchant C. B. Stone, Merchant W. S. Wilson, Journalist W. R. Waddel, Mayor Elect. Bankers: Bank of New Zealand. Solicitors: Whitaker, Russell, and Buddlb. Broker: Brokers' Association. Secretary Pro Tern.: Fredk. Nutter. This Company is being formed for the purpose of encouraging the Growth of, and for Manufacturing, Tobacco in the Colony of Now Zealand. Various experiments have proved that the climate of New Zealand is peculiarly adapted to the growth of Tobacco, and that in the Auckland Provincial District tho best Havana leaf can be grown, and all that is required to start a most important and remunerative local industry is a sufficient amount of capital. The Colonial Industries Commission made the following report on tho l2th day of Mai'ch, 1880:AGRICULTURAL PRODUCTS.-TOBACCO. "The most important agricultural industry which has been brought under the notice of the Commission is undoubtedly the cultivation of i Tobacco for manufacturing purposes. The evidence established the fact that any quantity of Tobacco, equal in quality to the finest American, can be grown in New Zealand, and that there is no reason why tho whole of the Tobacco consumed in tho Colony should not ultimately bo produced and manufactured in it. This industry would afford profitable employment to cottage farmors, also to women and children who would bo engaged in manufacturing, and would utilize large tracts of land, which at present are either waste or yielding but little, &c.
" The Commission are assured that after five or six years- cultivation and manufacture. Tobacco could bo produced in New Zealand, equal in quality to any that is now imported, and that the industry once established, the same amount of revenue that is now raised by the Customs duty on imported Tobacco could be raised by means of stamps oh the locally produced Tobacco." The final report of the Colonial Industries and Tariff Commission, laid before the House of Representatives on the sth of September, 1881, on the culture and manufacture of Tobacco, was as follows :— "That in order to encourage the growth and manufacture of Tobacco in New Zealand, your Committee recommend that the duty on Tobacco grown within the Colony, should be reduced to One Shilling per lb. for a period of not less than five years. In accordance with such recommendation, the following section was inserted into an Act of th« year 1881, entitled "An Act to Alter the Duties of Customs and Excise.":— " In lieu of the bonus specified in section 12 of tho 'Tobacco Act 1579," the following provisions shall tako effect on and after the passing of this Act, namely—The duty on Tobacco manufactured in tho Colony shall be One Shilling per found, and this rate of duty shall remain in force until the 31st day of Docembor, 1888." Thopresentdnty on imported Tobacco is Threo Shillings and Sixpence per lb, and on Cigars, Six Shillings. It is estimated that about two tons of Tobacco can be obtained from three acres of good land, and numbers of farmers have oxprosscd their willingness to onter into contracts for tho growth of Tobacco at prices varying from fiveponce to tenpence per lb. for all Bound leaf according to quality. The Custom roturns for the year ISB2 show that duty was paid in New Zealand, during that yoar, on 1,080.5751b5. of Tobacco, andßß,972lbs. of Cigars, or 486j) tons of Tobacco, and 393 tons of Cigars; while the Victorian returns for 1881 show that the quantity of manufactured Tobacco imported into that Colony during the yoar was ).309,6391ba., and of. unmanufactured leaf, 3e9,GS7lba. Tho market for Tobacco outside tho Colonies is almost ■unlimited, and no difllculty will be found in advantageously disposing of any surplus amount that may bo growu ovcrand above what will be required for local consumption. Several manufactories of Tobacco and Cigars have been established in tho Colonies of Victoria and New South Wales, but up to the present time no manufactory has been established in Now Zealand, and tho Company will not have tho disadvantage of competing with others. The Company will be able to sell Tobacco and Cigars at a highly remunerative price to themselves for much less than even tho prosont duty on imported Tobacco, so that the immense advantage of tho development of this industry to the public who are smokers cannot be too highly rated. Tho total number of farmers now contracting Is sixty-nine, while tho acreage under cultivation exceeds six hundred. It is intended that the Company shall take over the contracts which have been made In anticipation of the formation of the Company. Tho Company is offering pricos of from five* pence to eightponco per lb. for tho largo varieties ; up to tonpenco for Havana raw leaf. Tho Promoters beg to call tho attention of intending Investors to the fact that thoy have no intention of buying land, or otherwise expending money, except for furnishing farmers with tho necessary quantities of superior seed, and otherwiso putting them in tho way of producing and harvesting tho leaf. The Company are prepared to become purchasers of their crops at a price remunerative both to the grower and the Company as manufacturers. The present enterprise should recommend itself strongly to all New Zealand fanners, merchants, and others interested in the advance and prosperity of tho Colony. Apart from the consideration of actual profit to those concerned in the undertaking, great good must indisputably accrue to tho Colony by the iutroduction of an industry which will tend to keep in this country the large amount of money which is annually sent abroad for the purchase of the imported article. ■ ...
Forms of Application for Shares may be obtained at the offices of MESSRS FREDK. NUTTER & SON, Now Zealand Insurance Buildings. pHEAP AND GOOD CUTLERY. THOMAS SAMUEL, Importer op Cutlery, Has just received a good supply of all kinds of TABLE AND POCKET CUTLERY, Consisting of Ivory and Bone Table Knives, Pocket Knireß, Scissors and Razors, Table Knives and Forks in cases, suitable for wedding and complimentary presents; also, Electro-plated Ware, Siberian Forks and Spoons, specially oheap value, Siderophron Forks and Spoons, having the lustre finish ana ring of Sterling Silver, All the above goods selling at very low prices, THOMAS SAMUEL, 108, QUEEN-STREET, ■ Next to Mr Westpfahl' Bootmaker. 1 H. J O U N I N G, O • HOUBE AND LAND AGENT, COLLECTOR. &a Opposite Surrey" Hills Estate, ARCH HILL. "TfcEVONPORT, NORTH SHORE
WELLS BROS., CARTERS, OAKKIBRS, ETC. Bricks, Lime, Shells, Ash Tiles, &c. always en hand, QALE OF BUSINESS. The undersigned has Sold his Stock-in-Trade and Goodwill to iMossrs Clarke and Edwards, as from the Ist instant. Any Accounts owing to me, and paid to them, their receipt will be sufficient discharge. I take this opportunity of returning by sinoere thanks to the numerous friends and patrons that bo liberally supported me during the time I have been in business in this district, and, at the same time, commend my successors to your kind consideration, ANDREW NOBLE, Newmarket, November 17,1883. Referring to the above, we trust old friends will continue their support to us as liberally as given to our predecessor. Customers will be>waited upon as usual, and orders kindly given will be carefully apd faithfully attended to CLARKE AND EDWARDS. Continuation of cheap dbapery & clothing sale. H. AT XI N S Begs to thank his numerous Patrons for the wonderful success of his CHEAP DRAPERY AND CLOTHING SALE, And also to announce that he has succeeded in securing from the Now Purchasers a Lease of bis present premises. H. ATKINS Begs also to say that as the WHOLE STOCK Has been RE-MA EKED IN RED, He will continue his Sale for a Few Weeks Longer, and the Whole Stock will still bo offered AT HEAVY REDUCTIONS Off the usual price. ALL NEW GOODS WILL BE SOLD For a short time at about WHOLESALE PRICE. JOB STOCKS IN DRESS MATERIALS, JOB STOCJC OFANY DESCRIPTION CHEAP LINES ABE CQNSTANTLYJBEI BOUGHT, AND ARE ALL MARKED AT VKEY LOW TRICES; ..■ ~. \ aH. ATKINS, PRAPKR. CLOTHIER, fee.
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Auckland Star, Volume XXI, Issue 4193, 24 November 1883, Page 2
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1,431Page 2 Advertisements Column 2 Auckland Star, Volume XXI, Issue 4193, 24 November 1883, Page 2
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