Page 8 Advertisements Column 5

New Zealand Herald, Volume XIX, Issue 6296, 21 January 1882, Page 8

Public Companies. ■ , •pROSP E C T U S „ : OF TllE ' •• MERCURY BAY SAW MILL COMPANY (LIMITED). CArrrAL • £50,000 In 50,000 Shares of £1 each. 2s 6d per Contributing Bhare to be paid on application, ia 6d per Share on allotment, and three Calls of 2s Gd oach, at intervals of two months each, making the PAID-UP CAPITAL, £31,250 = 12s 6d per Share. 27,000 Shares will be allottod to the Shareholders of tho present Company in part payment, as . hereinafter mentioned, paid up to 12s 6d, leaving 7s t>d to bo called up on each Share if required. Provisional Directors : Thomas Peacock, Esq. M.H.R. John Buchanan, Esq., Cuslom-house Street John Chambers, Esq. (E. Porter A Co.) Alex, Ewen, Esq., Remuera i Thomas Motrin, Esq. (T. & S. Morrin) Ed. Mitchelson; Esq., ALH.R. D. H» McKenrie, Esq. A. H. Nathan, Esq., Queen-street W. Robinson, Esq., Takapuna Lake. Bankers: The Colonial Bank of New Zealand. I Secretary pro tem : Benj, Gilmer. Broker : | Mr. C, Alexander. The object of the proposed Company is to purchase the Mill, Plant, Freehold and Leasehold Bushes, &c., of the existing Mercury Bay Saw Mill Company, and extend the business now being carried on by them. The present Mercury Bay Saw Mill Company, now in full operation, has agreed to dispose of their ! Freehold and Leasehold land and bushes (having an I area of <4,000 acres), Mill, Plant, Booms, Tramways, •vc., for the suai of £16,000, also their Logs now cut, I Goods in Store, Homes and Bullocks at Oost, amounting approximately to £5000, making in all about I £24,000, FOR WHICH THEIR SHAREHOLDERS HATS AQREKD TO ACCEPT PAYMENT A3 FOLLOWS i— 27,000 Shares ih this Company at 12s 6d each PAID VP, SAY £16,875, AND THB BALANCE.IN CASH AS it is received, thus leaving £7000 of the proposed ! paid-up Capita] to be expended to further extend and : develop the business. j Notwithstanding the great extension of the timber I industry of late years, the demand for kauri timber, both in New Zealand and in the Australian colonies, is yearly increasing, and the fact of an extensive j system of public works being about to be commenced In New South Wales, will tend to largely increase the consumption of this staple. The advantages possessed by Mercury Bay .as a site for a sawmill are unsurpassed in the colony. Having ; a harbour accessible in all weathers to the largest ; class of traders, freights can be obtained either for I the South or the Australian colonies, at a trifling I I advance upon the Auckland harbour rates, thereby. 1 effecting a saving of the freight paid from mill to Auckland, and also the expenses and charges attending its re-shipment. The area of land held by the company, comprises about 44,000 acres, and is variously estimated to contain from 150 to 200 millions feet available kauri timber, and the facili ties for getting it to the mill in safety are not excelled by any establishment in the North Island. During the past few years the demand for dressed kauri has largely increased, and, notwithstanding tho great increase of machinery used for its production, the demand is still unsatisfied, and this company | believe that the profit upon the manufacture of rough | timber will bo largely supplemented by producing i dressed timber for shipment. 1 It may be mentioned that a locomotive engine for the tramway, and an additional planing-machine, have been ordered from the manufacturers, and may be expected to arrive shortly. A list of the various freehold and leasehold pro- ! perties of the company, with the estimated quantity of kauri, and the terms of lease may be seen at tbe office of the company. Groceries, &c. U P Q.IBBONS & 00., TE *, COFFEE, AND SPICE MERCHANTS, WHOLESALE and FAMILY GROCERS Ce.vL, Firewood, and Produce Merchants, HOBSON-STHEET. Full market rates returned for consignments of Country Produce. Settlers and others requiring Goods in wholesale quantities will find a considerable advantage by giving us a trial. H. P. GIBBONS & CO., HOB S O N-S XREET, AUCKLAND. XNDIA AND CHINA COMPANY'S JL STANDARD PACKET TEAS. Packed Pounds and Half-pounds in four qualities EMPEROR'S BOUQUET MANDARIN'S CHOICE IMPERIAL MIXTURE ORIENTAL MIXTURE. They are distinguished by great strength, agreeable briskness, and delicious flavour, resulting from a scientific admixture of the very finest Teas that the great Continent of Asia can produce. The excellence of these Teas is apparent by the large and increasing demand that exists for them in Yictoria and wherever they have been introduced. .Agent for Auckland — JOHN BUCHANAN, Customhouse-street. O T I C E. W. PARKER (Late of the Firm of Close Brothers) Begs to intimate to the general public that he has Opened Business in the GENERAL GROCERY AND PROVISION TRADE In Hobson-street. W P. special attention to his carefully-selected Stock of Teas, Coffees, General Groceries, and Provisions, Which will be found to be of the best quality, and trusts that by giving strict attention to business to meet with a fair share of support. address: HOBSON-STREET. od osite Minetti's French Bakery Seeds, Produce, &c. rjl a E jJJ AYMAPv KE T, 105 -QUEEN-STREET— 105 AUCKLAND. ON SALE, ARRITED PER * RAKALA,* New Turnip Sekd of all kind£. Purple Top Aberdeen Champion Swede Green Top Aberdeen Skirving's Swede White Globe Green Globe Mangold. Long Red Yellow Globe Gol1«n Tankard. TO ARRITE, PER 4 COROMANDEL* AND ' ROMAN EMPIRE,' White Clover Red Clover Alskye Clover Cow Grass Trefoil Crested Dogstall Meadow Fescue Meadow Foxtail Trefolium Incarnatum (Scarlet Clover) FROM AMERICA DIRECT. Timothy, Kentucky Blue Grass (Poa Pratensis) Rye Grass, Cocksfoot, Rape, Rattail, always on hand Also, Grain, Garden and Flower Seeds, Coarse, Fine, and Rock Salt. Bran, Sharps, New Zealand Flax, Tow, Cocoa Fibre, Bacon, Hams, Cheese, Potatoes, &C., &C., &c. JJESKETH & J" N STOCK: 1009 SACKS BEST FEED OATS 70 IRON TANKS (MALT AND WATER) 10 TONS BRAN GREEN'S BACON AND HAMS Now Dischrging, ex 'Look-out,' A CARGO OF NEWCASTLE COALS, Per 'Look Oct,' To be sold at ship's side or delivered. J 0 S E P H . Q-E A I G, Commerce-street. OR SALE, AND TO ARRIVE, At Lowest Market Bates (Wholesale): Milling Oats—Danish and Tartarian Oats Milling "Wheat—Adelaide, Auokland, Christchurch, Oamaru, and Timaru Heek's, McGill's, and Somerville Bros' Oatmeal To arrive, per ' Bhocterick Dhn,' from Dunedln : ; - . 1000 sacks Prime Black Oats, for SMd. "P. H -WnITBVTTE : Fort and Gore-streets, ' < .i)r Jon* 3,188 L