Page 1 Advertisements Column 6

New Zealand Herald, Volume XIV, Issue 4898, 28 July 1877, Page 1

Public Companies. now quoted nt ,C 7 10s, anrl a new issuo atlottod lo shareholders, on which £2 10s has been paid tip solely out of reserve fund. »ro quoted nt £3 10a, making tho prosent total markot value of the origina sharou £11, or a premium of 120 per cent. Tn connection this, it is a fact that the profits shown to havo bcon made in Messrs. Guthrio and Lnrnauh's hnsln»-(i* for tlio samu period considerably exceed that mado by tho X T nion Company in proportion to tho capital invested; bo that tho promoters Ijato £ood reasons for l.clicvint: ihatuot only will dividends be paid regularly by tho Company, but that its stick wiM at one® become a much soughtafter and favourable investment. Mr. Gtitlirio has consented to be fully Identified with tlio business for a numbor of years as Managing Director. Mr. Guthrie's practical skill awd long rxpo»!eiico In the trade nro well known ; the high po-ition which tho firm has attained under hij management indicates the measure of prosperity which may reasonably be expected in the future ; and as a proof of Mr. Guthrie and his partner's faith in the future prowports of the concern, they are willing to bold one-fifth cach, or equal to two-fifths of tho entire capital on their own private account, purchased in fully paid-up shares. And as a further proof of their confidence in tho futuro prospects of Company, they have decided to guaranteo that the Company'* net profits for the first three years shall not bo loss than 10 per cent, per annum on the actual capital for the time being employed in tho business, or equal to a mm of about £57,0Q0 to bo paid to the shareholders within three years. They expect and believe that tho profits will considerably exceed thii rate, but investors will by this means know the rate of their minimum profit*. By way of further securing tho obsetvance of tho guarantee, the firm h »ve agreed to deposit with | tho Directors of the Company scrip of tho Company during the first year of the value of £-10,000, during the second year of «C 1 y 00, and during the third year of £25,000, and to execute a legal charge upon the same in favour of tlio Company. Intending sk.irclw'ldcrs may, therefore, rest assured that no more legitimate or remunerative outlet for capital, or ono presenting better or more extensive future prospects, lias ever been offered in New Zealand. The reasons which have Induced Messrs. Guthrie and Larnach to take this step are— Ist. That their term of partnership expires by effluxion of time in the course otf a f»:W months, wlion it is the intention of one of the partners to retire frooi active business. 2nd. That the plaDt, machinery, and general appliances of the firm aro now of a character which opens up a largely extended and extremely profitable trade, which, howover, calls for the employment of an extended capital. The valuation of tho freehold and leasehold lands, with full particulars as to amount of capital employed and net profits realised during the l.ist four and a half years, taken from the firm's book o , and certified by Messrs. A. W. Morris. C. H. Street, and Edmund Smith, valuators and auditors, together with a copy of the agreement entered into with the firm by the Provisional Directors, may be obtained by bona Jidt intending investors from the Brokers 'I he Share List will clo«e on TUESDAY, the 31st July, at 4 p.m., and, in making tho allotment the Provisional Directors will consider the order in which applications have been made. Forms of applications for shares can be obtained at the offices of Messrs. Guthrie and Larnach, of Messrs. Connell and Moodio, or J. B. Bradshaw, Brokers, Dunedin ; or of Alex. Saunders, Esq., Auckland, who is authorised to receive applications for shares. Australian mutual provident SOCIETY. Established in th year 1349. FOR MUTUAL LIFE ASSURANCE. New Zealand Branch : Head OfQce —"Wellington. The Annual Revenuo exceeds £470,000. The Accumulated Fund now exceeds £2,000,000. Tho society has paid to representatives of deceased members upwards of £700,000. The Society has div : ded amongst its members £412,000, yielding reversionary bonus additions amounting to £910.000. The New Business for the year ISTSwas 4553 Policies, assuring £1,052,575, producing a new annual revfnue of £56.300. Persons assuring in this offiee share the whole profits, and a bonus is declared every fifth year. The annual report, prospectuses, and proposal forms may be had (or will be y«nt rost free), on application to the Branch Office, or to any of the Society's Agents. Auckland : ALEX. SAUNDERS. gOUTH BRITISH INSURANCE COMPANY. CAPITAL, £1,000,000* Buildings of every description and Contents In* sured. Wool from Sheep's Back or Shipping I'ort to London. Vessels, Freight, G• Id, Grain, Gum, and Cargoes generally Insured to and from London, the Colonies, America, China, Mauritius, tho Islands, &e. Lowest Cimiuent Kates, Head OtHce, Auckland. A. JIOAUDMAi v , Manner. Oil and Colourmcn. ■^7" o jpiiiLLirrs & go.K Have now Opened, ex 4 Emily ChapUn,' A LARGE AND VARIED ASSORTMENT OF PAP ERHANGINGS OK TnK LATKST DESIGNS. N E "NY" PICTURES! In Coloured Autotypes, Engravings, Oleographs, Lithographs, comprising Landscape. Sporting, Comic, and every variety of subject. Mottos. Texts, &c. GILT, STAINED, AND VENEERED FRAME AND BOOM MOULDINGS. FANCY FRAMES, &c., &u. Paints, Oils, Colours. Varnishes, Brushes, &c., &c Carson's Anticorrosion Paint, Zicc, White, Patent Silic.itc Paint, c. Polished, Silvered, ai.d Rough Plate Glass. Plain. Coloured, and Fluted Sheet Glass. Glass Shades, Deck Light >•, and Photo. Glass. CHEAP HKftSTAN AND SCRIM. W. PIULLIPPS & SON. OIL, COLOUR, AND GLASS MERCHANTS, 05 and 97, Queen street. W V T N D H A M-S T R E E T. | vi ' HOUSE, SHIP, o AN D C/? — GENERAL D ECORATIVR PAINTER. | fcr. Estimates furnished, and experienced! workmen sent to all part:; of the Province. ] S3 ' *5 ,T.n. request attention of Jiullders and X 1 others to his Now blazing Tariff. O J. H K N D E R S ON , S. W\"NPIIAM-HTItEF.T. I Plumbers and G-aefitters. FA N D W, FOWL ER , O TINSMITHS, GASFITTERS LICENSED PLUMBERS, Ac., tt-c., DimnAM-sTRF.rr West. opposite Roberton ami Co.'*.—Orders in th* above branches oxecuted with promptings, and at Reasonable Itat'H. Estimates Contracts taken. E> RANS TO N & FOKS TE R, * CO i'P Eii SMITHS, PLUMBERS, BRASS FOUNDERS, CASFI'TTKHS, P.F.LI.H ANGERS, io., &c. naving imported a Large Stock of PIPING and BRASS FITTINGS, as specified by the Corporation, wo arc now propared to Lay on Services with despatch, and at Reasonable Rates. HYDRAULIC HOISTS Made and Fixed to suit any Buildings. WATER METERS {Guest and Ghrymes}. WATER ENGINES, 1 to Oh.p. INDIA-RUBBER, HOSE and BKANCH PIPES. HOT WATER APPARATUS, FOR BATHS, &c Lead Bdunt for Chemical Pur.rosts. B R ASS CAST DAILY (Foundry, Mills' Lane). Duawinos ani> Estimate Given tor All Cla-sks or Wokk, and Expkriknckd WOIIKM.KK SENT to All PAIM* o thk Country. Albert-street, Auoklaud, .Tune 2:;, 1577. Y AW, CORPORATION, COMM ERCIAL AND LITERARY PRINTING EXPEDITIOUSLY DONE " HERALD" GKNKRAL PRINTING OFFICES. ,