gales by Bourko to Smith. CATTLE ! CATTLE ! CATTLE ! THURSDAY NEXT, JUNE 2Qii, . .;At.,l2.p''clpck!nQosuu /.. t T BO^ItiB"v&= SMITH •" •'.".- «<i.'i Have received instructions "to dispose of, , ; . on ilie'ab'bt e date, jaf the. MAKA- ' •■ RAKA SALEYARDS-r [fZfc^E.WmJ-L Q ? F G AvT^TLB.y ,SfiK consAstipg.pf-r:. .. . "s. 4 "; MILCH COWSI- V ! ' : 'r f -; STEERS i .. .'■;:'••; ,_ m u ,|[EIFeM '■ ;;,;; '; ( ; ; : " ■"'• Instructed, by |lr B^ -Poynjber, , Qft HEAD QU IE -T- 6A T T LE, O VJ' Dairy Co wri, •••-.--:■• ! , ,_ Springing Heifers) .; . r ■.■,<■■. I -I 2-ye.ar*old Steers and Yearlings .;N.B.^-ThisLotof Dairy;- Stock has nearly all been bred, 'arid handled on the Bushmere Estate^which is suffi cieut guarantee for their being 1 . ; ; - _, ;;i BOURKE & SM?TH, , () Auctioneers. .In consequence of the - shortness of tKe^ ; days just now^-'the Auctioneers Have decided to . hold the Sale at 12 O'clock nqon,'3ns£ead bf -2 p. ui. , as pre- . ,viously anlibtinced.' r j. PROBPE€TU^i ''" ? ' OP; THE, : ,-.. -. ( - --' GISBORNE .« . r. COMPANY "^mited), (To be Registered. : under the. Jpint 'ji'i-i ■ .vQoropaweßjAcJL) , • r ,-;;■• h ;;: ''- : 'T^a rGAFXTA&Y. ■:r.yj..- i \il J\ , ! 'ilo,ooo, in 5000 SlfarW b^2 each. i',.;r PEOVISIOKAL l!)IRlOCtORY— r ' ■■<.■.]■'.; T,:,.-ri Mr. C. D. Berry ; *M»jrW?rP.t*rSKBET —^ --- ~- v; : jM^B* ?4RNBL^ < , , ; .. ..; j t ; , . . i Mr. George Hughes ! Mr. Jfhk£i\ij&£v&'. . ") ."S : MR,rjW. ;!: P., ; FINN;BRAIf. -,- -._..,.. Mr. John Somervbil; ' "' : ;:.;:;V,. ; BAN.KERS:' ... : V. .;.;.' Bank of N»w Zealand. . ■ ::i i'.- : ?•:-•■ --^-. ■-•;•■■'■. .-■: ■ ;.,m; ''-'"■' soticrrOiß "-. ,: V' f*- Mb. J. T. E.. Rogan. , r ■'. ''' ! ' ,'■ J ' SECRETARY :, :. .:U : -.-.^ ; , ■ '•; Mr, Si J.^BRoih,^ >il ' mHiteebt of/^"pt6hioterB r 'of 4 tbia' • ; JL; r Cohipairy '%} '-to place «p6n : tho -inarket' 'a matmfae'tared ! article' ! equal" ingnaliEy^ f <^> any 7 - imported, ;th,ereby 'fe■tainirig in th'e^ district .the cnpital 5 ' Which ; is beihg' ! anriWally'B&nt' i\^ay, ; viz. ; ,'abo^t •£IOjOQO ; of which probably one 1 half represents the labdr Employed in towns in NeW Zealand' 'other thah f Gisbpi'ne, and, in some case3, in America. ? To secure tlie retehtioii of so large att amount' oi 'piOßtable employment for local workmen should j in'< itself, be a great inducement to give to this enterprise ; for the carrying^ out of whiffo the erection- of suitable. nnacliinery will ?be necessary, and? a continuous supply of timber land, otheji- .rayr, .material required in the business, must be pro.vid^d. At ,-' ■.■;'? ■?•• ;j; • i i<. ■ ■ ' J ; It i& ;r pr6pbsedsto purchase iOr; take I over the business and plant of Mr. John -Warren, knG.wn r as. " ( The Gisbdrne Steam^oinery. ports'," .a,t ( l^ yalu^tion, ■up.o|i tne'foliowing terms', as ftfllbws, viz.: half cash and half in paid up shares in the Company, and to procure a steam engine of greater poweiy with sundry other matters of plant^to ,em : large the present work shop, thus providing:-! pouter ."ij&ttd s{sace/fOK jthfi 1 continued increase of business. These matters, together with , the ' preliminary expenses -of > floating, and forming the' Company, (Unless for the purposes; of; a/ largely-increased trade) will not require niore; than two-thirds , of the proposed .capital to be called up. i > / . Itia;ti'Oposed to call up: on<e-f qurth of -the capital during the first six month^ viz. : 4s . per share, on application, 6b on allotineriV; 10s dqring the follovr- 2 ing three months; and the balance, if .in callW 'df &s each; at intervals of no less than three months. : -To builders this : pr.oject should commend itself , for the tw"o ; fold J reason^ bf economy of time and expense.. ;s Woodworking Companies have, as a rule, been eminently successful in New Zea-. land, and .their,, dividends have ;been Bteadily increasing during the, past ten years. In the present' instance work -can be commenced immediately* when the required capital is subscribed, therefore the money will not remain for an any time unemployed. \ '■ '•' The site upon which the', present factory stands is held under lease at a ; rental of £42 per aniiuni, the unexpired term being L^ years. There % a right of way direct to the premises ifroin both Gladstone .and ; Palnierstori Roads, ' and direct' communication with the Iliyer, with every facility for erecting a wharf if at any time required. The Plant is ih excellent working order. The average probable weekly expenditure for "' Wjnges, Material, &c, is £200. This includes every chus, of material and labor to turn out the finished -article. It is probable the. weekly income will be about . £250 per week leaving ,a clear profit of £50 per \veelcj oi 20 per cent, on the Capital proposed tc be called up. -'! - ■ • '-• As a considerable number of sharei 'has already been taken up an earlj i application. f6r the remainder is desir able. ; ! ■'•..■.■ .i • .-. ■ .■ i .
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https://paperspast.natlib.govt.nz/newspapers/PBH18790621.2.18.2
Bibliographic details
Poverty Bay Herald, Volume VI, Issue 815, 21 June 1879, Page 3
Word Count
724Page 3 Advertisements Column 2 Poverty Bay Herald, Volume VI, Issue 815, 21 June 1879, Page 3
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