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Maclean and Stewart TIMARU HORSE BAZAAR. SATURDAY, 7th JULY. -AOLEAN~& STEWART __ will Sell by Public Auction on the adove date—--20 Draught Mares aud Geldings 17 Light Harness Horses and Hacks Drays, Ploughs, Harness, etc. MACLEAN & STEWART, ivfi Auctioneers PROSPECTUS OF THE ERALDINE DAIRY AND BACON .- CURING COMPANY, LIMITED. To be Registered under " The Joint Stock Companies Act, 1882." CAPITAL, £SOOO, IN 1000 SHARES OF £5 EACH, Of which it is proposed to Call Up £2los per Share, as follows : Five Shillings per Share on applicationf Five Shillings per Share on allotment, and Calls of not more than Ten Shillings per Share at intervals of not less than three months. Provisional Directors : Massrs Wm. Postlethwaite, W U Slack, Robert Fish, Rev. George Barclay, Robert H Postlethwaite, Walter Moore, B Bailey, Louis Grant, Alex. McKenzie, Kyrnn Brophy, David Shaw, Jeremiah Connelly, N Dunlop Robert Skinner, Win. Coltman, Job End, John Mundell, Alex. Kelman, E H Templar, James Gregg, William Shiers, John Allan, F R Flatman, Thomas Farrell, Edmund Burke, Amos Sherratt, W E Barker, and others. Bankers: Bank of New South Wales, Secretary : Mr J Y Ward. Treasurer : Mr John Cunningam. Solicitor : Dr Foster. Broker : Mr WS Muslin. The Provisional Directors present this Prospectus to the public generally, and at the same time would direct the special attention of Farmers in the immediate district to some of the advantages secured by making Dairy Produce under the Factory sjstem. (1.) It is an accepted commercial axiom that where the greatest quantity of any article can be made at a given price the profits thereon are greater, and the success of the enterprise is more fully assured. (2.) The cost of manufacturing is proportionally less to the quantity made by the minia of price paid for the ra-r material, the economising of the necessary labor, the use of the best and latest machinery, and the centering of all the operations in odb establishment specially designed for the purpose, the whole being carried on under the supervision of a thoroughly practical Minager, thereby securing the utmost quantity obtainable from the raw material and a uniformity of quality which becomes in the markets a standard commodity of a certain value. (3.) A combination of capital and the interests inseperable therefrom as herein proposed, opens for itself a market of consumption no privately directed scheme can ever obtain, while the opportunities for improvement are immeasurably greater, and the certainty of more speedy returns «t the highest rates secured. (4 ) In the sale of his milk to the Company the farmer finds a sure aud easy way of at once converting this resource into cash, as it is intended to settle for the milk by monthly payments, thus avoiding on the one hand the disposing of either the milk or its product at a price frequently unreinunerative with a maximum amount of labor and risk, and on the other hand being placed in a position to avoid the credit aud exchange systems with their attending drawbacks.

(5.) Accepting tbe possibility that a market must be entered outride the boundaries of the Colonies, the now established ste;tm transit to the Old World, and the improvements of the refrigerating principle, place the Home Markets so near that a field for all the goods manufactured is opened at but a fraction over the cost of sending to markets nearer to our door.

(6.) Waste in connection with a properly conducted Dairy Factory is prevented, as every particle of waste is utilized in feeding pigs, and they in course aie brought to the credit of revenue in the shape of Bacon and Hams. (7 ) From the foregoing considerations the Provisional Directors have confidence in presenting the claims of this Company to the farmers of the district, as, by them being shareholders in the venture, they not only secure a ready market for their milk and pigs, but a participation in the profits of the concern. That these are in the highebt degree satisfactory from an investor's point of visw the reported success of Factories already in operation, and the number of new Companies now starting in various parts of the Colony is conclusive, -while to the Public generally it may4)e affirmed that an investment with better prospects is rarely ever brought before their notice. jys

TO FARMERS. , CONSIGNMENTS of WHEAT, OATS \j AND BARLEY received and promptly realised to Growers' advantage in the best Markets at most Moderate Charges. Lowest storage arrangements with Railway Sidings, Liberal Cash Advances made upon Consignments. Fire Insurances effected upon Giain in Stack and During Threshing, 01 in Bin n. DA\HI> STUART, myl!) StiHtliiillitu st eet, Tiinaru.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TEML18830705.2.11.2

Bibliographic details

Temuka Leader, Issue 1117, 5 July 1883, Page 2

Word Count
770

Page 2 Advertisements Column 2 Temuka Leader, Issue 1117, 5 July 1883, Page 2

Page 2 Advertisements Column 2 Temuka Leader, Issue 1117, 5 July 1883, Page 2

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