Page 1 Advertisements Column 7

Hawera & Normanby Star, Volume III, Issue 371, 19 December 1882, Page 1

PROSPECTUS OP THE WANGANUI FROZEN MEAT AND DAIRY PRODUCE CO., Limited. (To be incorporated under the Joint Stock Companies Act, 1860.) ; CAPITAL £20,000, In 2000 shares of £10 each. To be paid as follows : ss. on application ; 10s. on allotment ; and the balance by calls not exceeding 20s. per share, at intervals of not less than three months. It is proposed to call up not more than half the capital m the first instance, the balance to be preserved for the extension of operations when required. Provisional Directors; Mr. F. R. Jackson, Wanganui Mr. J. Abbot, Wanganui - Mr. J. Notman, Wangauui Mr. W. Craig, Waioro Mr. D. G. Poison, No. 2 Line Mr. J. Lomax, Wanganui Mr. W. H. Watt, M.H.R., do. Mr. J. Sarjeant, Fordell Mr. Cameron, Turakina Mr. W. T. Owen, Waugaehu Mr. C. Durie, Waitotara Mr. J. Moore, Kai Iwi Mr. H. S. Harrison, Fordell, Mr. J. R. Lysaght, Hawera Mr. J. Dickie, Waverley Mr. J. R. Somerville, No. 3 Line Mr. R. Hammond, Marton. Bankers : Bank of Australasia. Solicitoh : Mr. George Hutchison. Interim Sec. : Mr. C. S. Cross. This Company is projected with the object of providing the means of preparing for export meat and dairy produce by the refrigerating or other process. The present intention is to prepare the meat and dairy produce for shipment on owner's account, and to arrange for the sale thereof in the London market. The Company has power either to purchase or ship on owner's account, as may be found desirable, aud also to control the sale as well as the freezing and export of the produce it being evident that a concentration of interests is necessary in placing shipments on the markets until the trade has been developed. The Company propose to take an interest of £2000 in a new steamer (which is to be built or purchased), containing a cooling chamber capable of stowing 1000 carcases. This will also materially benefit the trade between Wanganui and Wellington. The preparation and storage of cheese and butter for export will become an important operation of the company, and, as the market in England for these products is practically unlimited at prices showing 50 per cent advance on cheese and 100 per cent on butter over those current in the colony, an extensive export may be anticipated. The Company recognising this, will provide cool storage until a vessel is ready to receive it. The necessary appliances for cool storage have been erected in the docks at Home. It is expected that the Company will pay a fair dividend on the outlay, as the following calculation will show: — The estimated export per year is 50,000 carcases, averaging 721bs each, which, at a cost of |d per lb for freezing, would give a yield of 3s. per carcase. Taking one-third as the profit, it would amount to £2500, being interest on a capital of £20,000 at 12£ per cent. The Company therefore confidently relies on those who are directly or indirectly interested in developing the grazing and agricultural interests of the district to assist in carrying out that which, if properly managed, cannot fail to be a profitable undertaking. Forms of application for shares can be obtained from F. R. JACKSON, ) Bk JNO. NOTMAN, j ±JroKeis ' Or, C. S. CROSS, Interim Secretary. The Share List iwill close on the 30th November. 746n30 T\UNCAN BROTHERS ARE NOW PREPARED TO SUPPLY TIMBER IN ANY QUANTIFY. Orders addressed Stratford will receive prompt attention. 255jan24 "VT O T I C E. KETEMARAE SAW & PLANING MILLS. Red pme, matai, and white pine cut to order. Also, T. and G. flooring, match lining, rusticated boards, architraves, skirtings, &c, mouldings, to any pattern. As the above mills are within two miles of the Waimate Plains, settlers can be promptly supplied. Timber delivered to any part of the district. 547tc J. & T. ROBSON. THE undersigned is prepared to supply house blocks, fencing material (including palings), shingles, and firewood, at lowest rates. Orders left with Mr. Henderson, • saddler, Hawera, will be quickly attended to. ROBERT HAMILTON agent for Cleaver Bros., Te Roti. 2 READ tne Humorous Sketches in the Stab Supplement. Presented gratia every Saturday..