Page 3 Advertisements Column 3

Otago Daily Times, Issue 4027, 14 January 1875, Page 3

PUBLIC NOTICES. "OOBIN & CO., COACH-BUILDERS -*- v Octagon, and Stuart street, HAVE FOE SALE, and TO ARRIVE per ONECO from New York: Double and single Buggies, of various styles Waggonettes Family Express Waggons, adapted for town station use. Also, a few Second-hand double ana single Buggies, cheap. Repairs receive prompt attention. COACH NOTICE . "IVT B S S T~E ADM A N w^yTi V2? he? *? iDfonn the public she is running the Uaihola Coach in conjunction with the Green island Railway Passengers booked through. The Coach leaves Patterson's Lake Hotel at 6 a m., passing through Reliance and East Taieri and Saddle Hill to 'tw,^^^"^ Thecoat& will be in waiting e, 4V I ™l£. fJ°, nl Dune(ll»- -A- coach will be at Mosgielat3.3»to take passengers to and from the RailJ^XPEESS LIiSE OF COACHES. DAILY COACH TO BLUESKIN DAILY COACH TO WAIKOUAITI DAILY COACH TO PALMERSTON At Half-past One. . T. M. SMITH acd CO. rpiLE CUTTING LOAN NottSaving Floated in the London Market, DEMANDS PROMPT ACTION TO PREVENT DISCOMFITURE AND DEFEAT. To right the position, A TREMENDOUS SACRIFICE Will be made of our RICH: AND V A LU ABLE STOCK OF DRAPERY AND CLOTHING. Necessity-having no law, the Monster Sale will be a ' Stern Reality. j j THOMSON, STRANG, AND CO. i ALBION BREWING AND MALTING COMPANY (Limited). rjTHE SHARE-LIST of this COat PANY wiil be CLOSED on MONDAY, Sth FEBRUARY, at -1 p.m. By Order, "VVEBB and FULTON, 14-»a Brokers for the Company. : PROSPECTUS ALBION BREWING ATCD MALTING COMP \NY (LIMITED), ; DUNEDIN. Capital.. . .. .. .. .. £40,000 In 40,000 Shares of £1 each. EIGHT PER CEOT. GUARANTEED. Two Shillings and Sixpence to be paid on Application ; Iwo SJwllings and Sixpence on Allotment" and Five Shillings per Share on the Ist June ISio ; Five Shillings on the Ist August; and Five Shillings on the Ist October. i THE NEW ZEALAND DISTILLERY COMPANY I having entered Into an Agreement with the Government of New Zealand to abandon the business of Distillation on the 30th June, 1875, are now prepared to offer to the public their Premises and Plant, for the purpose of establishing a Brewery and carrying on their present large Malting Business (for which they are admirably adapted) on terms which it will be admitted, on consideration of the following- particulars are of the most advantageous character, viz. : The Freehold Property comprises two full acres of land, in a block having frontages to Cumberland and Castle streets. The Buildings, built of brick and stone, with slated roofs, are of a most substantial character. Plant (the greater portion of which is suitable for a Brewery and Malting Establishment) U complete and perfect in every respect—the only addition required for a Brewery being a Cellar, which can be erected for about £2000. With this and some trifling alterations the Plant will be available for Brewing purposes withiu a month or six weeks from the date at which the Distillery Company are required by law to cease operations. Malt Floors and Kilns.—There are on the property two Malt Floors and Kilns capable of turning out from 1000 to 1200 bushels of malt per week ; and from the advantageous position of the work, having a frontage to the Bay, and receiving the benefit of the cool draughts of air which continually proceed therefrom, Malting can be carried on all the year round which is an exceptional thing, even in the Old Country. The Malt from this establishment has always commanded the highest price of any produced in New Zealand ; and the supply for some time back lias been inadequate to the demand. The Beer produced from the Malt is of the very best quality. The profits from this branch of the busincs may be expected to be of a very substantial character, as during the past year, even with the limited amount of Malt available for sale, they exceeded £2500. And as there would be a large quantity to dispose of in connection with a Brewery, the yearly profits would be proportionately increased. The capabilities of the Premises and Plant for the purpose of a Brewery have been carefully examined and estimated by a competent authority (a gentleman who built some of the largest Breweries in the nei"hbourhood of Edinburgh), who states that from 400 to 500 hogsheads of Beer could be made per week when the trade required it, which is greatly in excess of the quantity which can be turned out by any other Brewery in- New Zealand. This capability "to produce so much more Beer at very little extra cost of management must always give the Albion Brewery Company a great advantage over the other Brewing Establishments, and' as-the trade is increasing greatly here, and being opened up with the neighbouring Colony of New South Wales and Fiii, no doubt the full power of the Company's Works would very shortly be called into operation. Water Supply,!— The Distillery Company, at considerable expenso, constructed' a covered Brick and Cement Reservoir- on. Mr Logan's property, next the Town Belt, and laid, pipes to the Distillery, thus obtaining a private supply of the best water in the district, free from, every impurity, for the purpose of steeping Malt, Distilling, or Brewing. Cottages.—On the property are three (3) substantial four-roomed Cottages, for the use of the Principal Employes of the Company, who require to reside on the premises. Value of Land*&c.—The Land, Buildings, and Plant of the Distillery Company were valued by Messrs Blair and. M'Gregor, in M:irch last, for a local public company, at £27U30. Since then land in the neighbourhood has been sold considerably in excess of their estimate ; and there can be no doubt that in a very few years, the property will double its present value, contiguous, as it is to the Railway Terminus, Jetties, and other important lines of traffic. A short siding, of about thirty yards in length, will enable the Company to place their goods on the railway cars, thus saving a large, yearly expenditure in carriage. Price of Property.—The present proprietors require for the Lands, Buildings, and Plant complete (including the private water supply) the sum of £30,000, out cf which they will pay all the pre'iminary expenses of floating the Company ; and so confident are they of the success of the business, that they are walling to take paid-up shares to the value of £15 000 as part payment oi the purchase money, and will further guarantee 8 per cent, on the paid-up capital for two years from the commencement of the business, and will give good and sufficient security for the due payment of this guaranteed interest—such, security to be lodged in the hands of any Trustees the Directors may appoint. They feel perfectly secure in undertaking this prospective liability, from the fact that the profit on tke malt alone should pay over 10 per cent, on the paid-up capital. As to the profits ef, breweries all: over the v:orld, it is not nccessiry here to dilate.. They are known to be large, and to compare favourably with any other business that can be named; Capital.—When the shares are all disposed of, theue will, after purchasing the property, be ample funds to nvtke the alterations before alluded to, and to carry on the business, as the sale and. returnsJrom beer are almost immediate. Staff.—There is at present in the employment of the Distillery Company a complete staff of- competent experts, whose services are at- the disposal of the Brewing and Malting Comsany. The present manager (than whom a more competent man is not to be found in these Colonies) is willing to undertake the management of the new concern-; and the Company's experienced traveller (whose qualifications, are well known) is also open to engageuent. Quality of Beer.—lt will be the determination ol the Albion Brewing Company to send out nothing but the best quality of beer, and thus secure a lasting and constantly increasing demand for their brand. The sole reason the present favourable opportunity is offered to the public for investing their capital to such advantage, is that the present proprietors of the property desire, to retire for a time from tho active management ol business. They, are thoroughly confident that, laider proper management, no business in the Colony will yield a better return than that' of the Albion JJrewing and Malting Company (Limited), when once fairly established. Insurance has been effected on the buildings and plant to the extent of £20,000. This prospectus is thus eariy laid before the public, to enabjte the new Company to get their cellar erected, make, the necessary alterations, arrange barley contracts, manufacture malt, and have everything in readiness to commence operations as soon after obtaining possession of the premises as possible. The Distillery Company hope to have manufacture'! the maximuquantity of spirits allowod in their contract with ' <no Government about the end of April, in which case : they will at once hand ovor the property to the J> j a j on Company, and so enable them to commence opel /^tions before the date above^ntuned. ApnlicatioiiK for shares to be sent to MESSRS WEBB and FUL^N, Dunedin, Provisional Directors •- Sir Jrones Anderson (Anderson ar^ Hlowat) Mr James Brown Mr Henry Driver Mr- George Dodson Mr Geo. W. Eliott Mr W. J. M. Larnach Mr W. D. Murison Mr Robert Paterson (Person and M'Leod) Mr David Proudfoot. ' Mr Job Wain, jun^ Mr H. J. Walte-. * Mr Robert W^^j, T Bankers : t&rik. ol New Zealand, Dunedin. Solicitors : Messrs Hagi;itt Bros, and Brent. 7n