Page 3 Advertisements Column 2

New Zealand Herald, Volume XXV, Issue 9108, 17 July 1888, Page 3

! The Directors are in a position to secure the services lor a definite period, at remuneration to be fixed, of Messrs. David , ii Blair, of Melbourne, and s George Holdsbip, of Auckland, and, with their experienced management and immediate knowledge of the trade, as well as the 1 economy and efficiency of a united control of the whole of the properties, the Directors confidently ' anticipate increasingly satisfactory dividends, and the Vendors ; guarantee the first four yearly ( dividends at the rate of ten per cent, per annum, either personally or by the guarantee of a,j Guarantee Company. ■* v.;,--;., .„"> ~-.-■. ,„...?,.,.., ; :U ~..j, . '.' The first annual meeting to declare dividends will be held in October, '_';' The Annual Export of Kauri Timber from New Zealand, . according to the latest statistics, is estimated by the Vendors : as follows, viz.: -' " " -■■ ' ' ' ■>• - ■'■ "*■>*«*£ ... To Victoria ... _ .- - 10,000,000 feet .<s■ „ New South Wales .... .- 10,000,000,, ■"!■'"• - 4 ~ South Australia \ - / ' -■" : „ Western ,» JI « v d ~ 5,000,000 v ■ : ' ."'"■>» Queensland I ■-.-••;-47,'*«■,-••■>■ 4 '". ■'■' ''''' i) Tasmania ;1 .-,-, ; f / - <■■-..■ -,'i ■/'/■■ •' ''■."■ '.'."A-."''":.""' MAKING A YEARLY EXPORT OP 2«,000,000 feet.. ■ The Annual Consumption in New Zealand and the adjacent Islands has been .'. \ ~ .' ; carefully estimated at... .;.> ■■;'..."v-ii ..v \.-■:■*! 35,000,000 ",».,'sl' MAKING AN ANNUAL OUTPUT OF 4g 60,000,000 feet. , V-V The Directors, from their long experience of the trade, i, are, confident that the Company will not ; only be able to do J business to this extent, but that year by year, as the appreciation and demand for kauri increases, a larger business may, be ; expected. '■ ■'■.'•* r j; '\ . - ri ■ \ ! ? '"'■;;■' V ;,:i; a -* 3 ;? ;!| ; '■•■ .•'V iT ;'-".741 Taking, however, the full extent of the Company's business v to be, annually as above, the profits, after making all necessary 4 deductions for Sinking Fund, etc., are estimated at much more 4 than amply sufficient to pay the guaranteed dividend. '" ■£ ~ The only charges to be borne by the Company, beyond the expenses of completing the contracts, are the usual charges j for brokerage, advertising and other preliminary expenses. ■', ".] The Memorandum and Articles of Association, with the various contracts hereinbefore referred to, or certified copies thereof, plans of the properties and the Agreement between ,' the Vendors and the Company, are now lying for inspection at > the offices of the Solicitors for the Company in Melbourne 1 and"; Auckland. < ' . , ~, - ..,*-.>' ■■■-■-• ■ ■ -;.. The accompanying extracts indicate • the opinions of com- -t petent " authorities and the growing\ appreciation of Kauri . Timber in the Colonies and Great Britain. ; ;.- . J:sVi;;>>';~> Applications for Shares will be received until the 28th day 4. of July inst., which will be deemed the date of application, by Mr. George Holdship, at the Offices of the Auckland Timber ■ Company, Limited, in Auckland, and through any ■of the .' Brokers of the Company. 4 •-«' .. 4: '. Dated at Melbourne, this 7th day of July, 1888. , ■

«'Does he strongly recommend the kauri also yes. ,', fc .. "As useful for all purposes that softwood is used for For nearly every purpose tliat timber can be put to. < ■ .='..■> - " And you think that, with Victorian hardwood and New Zealand kauri, you could build, to the best advantage, all the rolling-stock required by the Victorian Railways I— Yes, I am certain that can be done, for I did it for ten years in New Zealand, so there is no question about it." The following extract from the Scotch Supplement of the Timber Trades Journal of sth May, 1888, gives some idea of the prospect of opening up a good trade with the Home Markets: — , "The cargo of kauri pine recently landed here ex " Aurora," from Kaipara, New Zealand, was offered by Messrs. Allison, Cousland <fc Co., at their auction sale on Sid inst., the catalogue also comprising a varied assortment of other wood goods, viz., Quebec pine deals and planks, pitch pine deals, parcels of N.S. black walnut logs, etc. As have been before noticed in your columns, the above arrival of kauri pine is the first' full cargo of this wood imported into Clyde, and the result of the public sale has been awaited with considerable interest. ■■■■■■■■ " A large company assembled, and there was a fair amount if competition, the result being that the greater part of the cargo was disposed of, and at good prices, particulars of which are undernoted." Messrs. Allison, Cousland and Co.'s auction sale, 3rd May :— Per cubic foot. Per cubic foot, S. d. s. d. Kauri pine— Kauri pine--12/15ft. 27/54x9 2 9 12/21 ft. 3S/49x* . 2 8 .'l2/28*6. 21/26x9 2 9 12/24 ft. ' 81/37x4' "it 7 12/19Jft. 19/20x9 2 8 12,'23ft. 28/31x4 2 8 ' 12/23 ft. 13x9 2 7 12/24} ft. . . 23/28 X* . 2 * 12/23 ft. 16x9 2 6 13/24 ft. '21/24X4 ; . , 2 .*■■ 15&16 ft. 15/16x9 2 6 12/24Jffc. IS/20X* is . -2 *■- llj/23ft.. ';. ; 14x9 2 8 10/30ift. • 12/13x4 2.0 16/24ffc ,' 17/38x8 28 ' 10/30 ft. S/10S4 *8" 18/23 it. 15/16 xS 2 7 12/24 K. 21/2«x3 - - UlfMftL 14X8 2 7 12/22 ft. . 19/20x3 -2 8 12/21 ft. 15/18x7 2 S 7/23Jft. *** 3 S ■'■ 12/23 ft. 22/23 xC 2 9 7/33Jft. B*lo*3 ~ 11/23 ft. 19/20X0 2 7 S»'XS Sto- 2/2t02 "* 11/22Jft. 18/20x5 2 7 15/21J/6. »v fc ' aboutß * ... 12/22 ft. ISA 6*!' 25 ''^siK-jfii^