Page 3 Advertisements Column 6

Otago Daily Times, Issue 6143, 18 October 1881, Page 3

Prospectus. ABRIDGED PROSPECTUS OP TUB \TEW ZEALAND CEMENT AND \J( PATENT STONE COMPANY (LIMITED). To ho Incorporated under the provisions o! " The Join Stock Companies Acts," Capital .. "■ ■• £20-000 In 20,000 Shares of £1 each, ayabloas follows:—2s fid por share on nppllcnlion ' 2a (id per share on allotment, and the remainder by calls of not more than 6a per shave, at inter. vals of not less than throe months. Provisional Directors ; William Wilson, Esq., Forbury William Conyera, Esq., A. lust. C.E., Dunodin John Findlay, Esq., Dunedin John Bathgate, Esq., J.I1., Dunedin R. A. Lawson, Esq., Dunedin J Wallace Eassou, Esq., Abbotßford James Qoro, Esq., Dunedin Charles Hibberd, Esq., Abbotsford . James M'Donald, Esq., Hilburn . . . . Henry S. Fish, Esq., jun., J.P., Dunedin J. B. Thomson, Esq., Dunedin A.Leckic, Esq., Dunediu K. Brownlie, Esq., Dunedin F. 11. Asbury, Esq., Dunedin C.E.Twining, Esq.,Dunedin D. L. Simpson, Esq., 11. Inst. C.E., Dunedin ; With power to add to their number Bankers: The Bank of New Zealand. Solicitors : Messrs Haggitt Brothers and Brent. Interim Secretary : Mr C. White. Broker: Mr W. P. Street. The Company is formed for the purpose of acquiring, levelopinff, and extending the existing business of tho keen Island Patent Stone Company, and for raanuacturing Portland Cement, an article very extenively used in the Colony, ■at present wholly imrartcd. Tho works are at Abbotsford, five miles from Dun idin, on the Main South line, and comprise suitable mildings, machinery, and everything requisite for luccessfully carrying on tho manufacture of Patent' Stone. , ' ■ The business hitherto has been the making of buildng blocks, llaggiug, kerbing, channelling, drainpipes, md every description of stonework. A careful ostimate has been made, which shows ;hat, without additional machinery—allowing liborilly for cost of management and expenses generally, md paying 17s 6d per barrel for imported cement—an mnual profit of about £2400 can be realised on this industry alone. PORTLAND CEMENT. The Directors desire to call eßpecial attention to bheir intended manufacture of Portland Cement, - which, as a new native industry, is of tho greatest importance, and one that is certain to be very remunerative. A Government bonus is attached to tho manufacture of this article in New Zealand from Colonial ingredients; and the Green Island Patent Stone Company has been successful in obtaining the order tot 100 tons connected with it. This order wa3 given from samples, made by Mr C. Hibberd from materials found in abundance in tho neighbourhood of Abbotsford and Waihola. Tho excellence of thesosamples is evident from the favour- - able reports made upon them by Mr W. N; Blair, who tested them on behalf of the Government, and of ■" Professor Black, tho Colonial Analyst, who analysed them. Tho fornior 6tates: "Tho raw materials used in making the Green Island Cement are undoubtedly of the proper kinds, consequently tho production of a high-class article is a. mere matter of skill in tho manufacture"; and the latter: "From these results I judge this to bo an excellent sample of Cement. The valuable ingredients are present in tho requisite condition in very good proportion. I have no doubt that, 60 far as chemical analysis can determine, this Cement is equal to any imported." The Judges of the recent Industrial Exhibition held at Dunedin also testified to tho excellence of these samples of Cement by awarding them First Order . of Merit, which was also awarded for tho Patent Stone. That tho establishment of this manufacture would be remunerative to tho Shareholders is evident from the fact that whilst Cement can bo manufactured and sold in England at 8s Od per barrel, here it is worth from 10s to 18s, showing the cost of freight, duty, and other charges to bo between 7s 6d and 0s 6d per barrel, which to a considerable extent may be relied upon as profit to the Colonial manufacturer. ■ . •'■'. That tho demand for Cement in tills Colony is very ~ great is also evident from the fact that no less than 131,193 barrels were imported into the four principal ports of New Zealand during the year 1880, giving a total value of £104,598 8s (at the low price of 10s per barrel). The Directors have ascertained that the cost of machinery and plant required for the production of 500 barrels of Cement per week would bo £6000. This sum includes the cost of removal and re-erection of the present Patent Stone Machinery to more extensive premises, and of the erection of all necessary new •buildings. The Memorandum and Articles of Association may. be seen at the Office of tho Interim Secretary, Temp!o " Chambers, Dunedin, from whom, or from the Broker, or any Branch of tho Bank of New Zealand, Prospectuses and Forms of Application for Shares and every information may be obtained. Tho Share-list will close on SATURDAY next, 22nd Octobor. 23au Money. MONEY TO LEND, on Freehold Security, In surai oi £100 and upward), n\ oarrool rtlM, QirjJKS. BTKEffT, h HIBLOP. ' . MONEY TO LEND, on Freehold Security, on favourabla Sormj, In buibb to anifi borrowers. Lowest current r&tes of interest charged. , APP' y OONNKLL ft HOODIE. . ■jV/|"ONE¥ TO LEND, In sunifi to su Borrower?, at cursent rates of Interest EDMUND SMITH, BuTinga B»nfc. MONEY. 171R0M £100 to £5000 to Loud on apJD proved security at current rates. REID & DUNCANS, 8»p 63 Prlncea street, Dnnodln' £*~t A AAA TO LEND in varloua g&JL\J«l?\f \7 sums from £260 upwards Lowest rates. W. H QUICK, - ■ ljy Sharebroker, Dunedin. i*ORAAA m SUMS of £30° 3&&*y\j\J\r and upwards, to Lend on Freehold Securities at tho lowost current rate of interest.—J. B. BRADSHAW, Broker, Duuedin. So MONEY In various sums, from £100 '. up to £6000, to lend on freehold oi »pprovcd security.—Andrew Hogg, Albert Buildings. : MO N E Y. This Company has money to lend upon free* hold security. G. W. ELIOTT, 12s Manager New Zealand Insurance Company. rpilE COMMERCIAL PROPERTY X AND FINANCE COMPANY (LIMITED), Morny place, Lends Money on Land (Freehold and Leasehold) and House. Properties; also, on Approved Bills, Share. Scrip, and other Eligible Securities, and allows Interest on Deposits for Fixed Periods and at Call' D, E. BLACKE, ■ lo ■ Manager. ■ MONEY TO LEO, In various enmt, AT CURRENT BATES OP IKTSEKST, Apply to ■ . SIimVEIOKT & ETOCA ■ ■ :■ Solicitors, 2fl Dnnedla. QOOTTIBH AND NSW ZEALAND ' ; k3 iNVJSSTHKNT COMPANY (LIMITED). This Company ADVANCES MONET on MOB OAQB, eocurlty of freoaold or lewohold lands, In »ny rains troiii iUOO upwardQ, ft* tiio lovmai cunonS n\ ■ of iatoress. . ■ ■- Application forma Kid fall partiouUre horn OONNKLL & MOODIS, Agents for the Company Prlncea street, Dunodln. DEPOSITS received at rates of .interest varying according to terms agreed upon by THE NEW ZEALAND MORTGAGE AND INVEST MENT ASSOCIATION (LIMITED), No. 8 Colonial Bine Buikdinqb, Dunhdih O»pl(i»l.._ £500,000 First 185ue.... «_ 550.0W (Fully subscribed). DiRBoroRS! Riani Hon. Earl o? Dunmorb Patrick Carnkoy, Ess., C.I.E. Sir Wm. Hknry Drakk, K.C.B. C. Frasbr Mackintosh, Esq., M.P Hon. Norman Grosvrnos Edward Jenkins, Esq. J. Mbliss Stuart, Esq., H. B. Montbfiork, Esq. (Manager) DuNHDm Boars Qborob Tornbull, Esq. ; Robbrt Hat, Esq. John Batuoatb, Esq., Manas-Ing Director. E. Mbllakd, Accountant. Comproto Security Is afiorded to Doposlliorß by tho - large amount of Subscribed Capital, and by tho funds of tho Company being all Invested in first-class Mortgages, with ample margin g m npHE DUNEDIN FINANCE, LOAN. A AND AGENCY COMPANY (LIMITED). Capital .. .. ~ £260,000. Board of Directors: JAMES SCOULAU, Esq. DANIEL BRENT, Esq. B. SIEVWRIGHT, EaQ. E. C. QUICK, Ksq. ■ -, • ROBERT WILSON, ESQ. E. C. STRODE, Esq. H. J. WALTER, Esq. JOHN LOOAN, 23«. . . . ..L .._ Thia Company is prepared to makej advanced on good securities for fbcod periods, or repayable by instalments as may be arranged; also to ncgotiato the. -■' sale of Properties, act as Attorney and Agont for Absentees and others, and to transact General Financial a n.d Ageucy Business. Deposits received at raUs ot Interest to bo asoet t-ilned at tho Office. R. H. LEARY, Manager. Opfios : Colonial Bank Buildings. IS JJIREDERIOK FULTON COUMISSION AGENT. SAMPLE BOOMS EMBRSON BTREHT, NAPIER. §0a«