Page 4 Advertisements Column 1

Thames Star, Volume XIV, Issue 4512, 21 June 1883, Page 4

Prospectus PB6SPE C T U 8 OF THB AUCKLAND SHIPPING COMPANY „ , (Limited). i capital ... ~ ..'. In 30,000 Shares of,£s Each. , The Capital is to to called up as f Hows: 'ft per •bare on application, 5s per,share on allotment, 5s per share, at intervals"of three monthfl, as require j, until £3 per share is paid np. . .... If"'!;. i o' ■_»__ i PBOVIBIONAI DlBKOTOBS: Anderson, H. F.; Esq. Morton, H. 8., Eeq. - Aickin, Graves, Esq. Mitchelson, E., Esq., Barber, H. P., Esq: V.H.B. Carr, R. C, Esq. McKenzie, D. H , Eeq. .Chambers, Jno., Esq. Maseßeld. T. T., Esq. ' Craig, 1 Jos., Esq. Nathan, A. H., Esq. Dewar, A., Esq. Owen, G. W., Esq. Geddes, J. M., Esq. Porter, A., Esq. I Hardy, J. Esq. Stone, O. J., F«q. ' Holme, Geo., £rq. Stone, C. 8., "Esq. Harper,~Geo.,Eiq. Tonkß, 8., Eiq. 'i Hall, W. F., Eeq. Wilson, J. L., Esq. Bbokxbs: Jj • ;>'■*,•', Brokers* Association. Maha&iko Dibbotob: ' • C. B. Stone, Esq. ' ' Skcbbtabt, no xsir.: 'J. O. Berger. The object of this Company is to provide ■ , tosnaje suitable to the growing trade of the Port of Auckland,- so that the imports and exports of our city maybe as much as possible carried in xoc-X-Y ownkd vessels, and the shipping business carried on by a pebbly ZOCAX.'OOW4HY. ...-..'. The rates of freights current in this colony eomparetnost favorably with thoie ruling in neighboring colonies, and are as a rule suffiv ciently remunerativMo leave a good profit, trading hence either foreign or intercolonial. The acknowledged dcily increasing commerjnercial importance of Auckland is a source of gratification, and the shipping trade, under ' skilful 'management, and with sufficient oapital, would meet with speedy and great i development with many parts of the* World with which we are at present nob-in absolutely direct communication^ - ■ The object of. this Company is to provide vessels to trade, in the directions already opened, and others .wbioh may from time to time offer inducements. There is ample room for a well-organised new ' line between Auckland and London, - Liverpool and Glasgow, with New York, and ■ with'sbme of the larger centres of Continental European trades. Of course, the large and increasing export of balk and sawn timber . will form an important adjunct. A trade with ' Tasmania, Sydney, Melbourne, Adelaide, Ac, being already established, could easily be continued with' regularity, whilst the Newcastle and Gwymoutjh coal trades should be also provided for. ' There is a vast field in prospective for a good trade} with An erica, Mauritius, China, ' Manilla, Calcutta, The Cape, Noumea, and ■ numerous foreign ports, with some of which. even at the present moment, a profitable- 1 direct trade' is being carried on in a desultory manner, and -which would find support from the new industries lately established here and in prospective establishments. The Company do not propose to limit themselves to running their own vessels, but will from time to time 1 charter vessels when required, in the event of their own not being immediately available. ' Messrs fitoße Bros.,|wbo have for some time oarried on a good sbipping business, and who have now fairly- started a new London line, possess the nucleus of a fleet suitable for commencing operations, and arrangements have been made to take over their vessels and the goodwill of their shipping business for the sum t of thirty thousand six hundred and fifty pounds (£30,650)/ they taking half the amount in ■' Company's shares. Their fleet, consisting of 8 vessels, with aggregate tonnage of 2642 tons/ should be augmented as soon as possible, so that the business may be extended without - delay, -especially the London, and American branches. . The servic ■ s of Mr C. B. Stone, as managing director, and the staff at present tinder his - control, 4*who are experienced in this line of basinets, have -been secured to take office uuder the new Company. It it farther proposed that she working ex* pensesvbould be conducted on strietiy economical principles, the.expense of agencies and branches to be defrayed out of commissions on the.actual freights-earned-by those branches. The proposed capital is, set down at £150, 000. but as only a small portion is required at " present, for the purchase of;the existing fleet and contingent expenses, further capital will not be called up unt 1 vessels suitable for the London and other trades may offer for sale at reasonable prices, until whioh time it is propofMl to charter vessels as required to supplement the present fleet. ■' ' -' It is proposed to invite all Auckland busi* ness«men and all who may have any interest in the trade of our port to take Shares in this local Company, and to give the undertaking every possible support. The Company would thus be in a measure self-supporting, and strong enough to' compete most successfully with any oiitß:do or foreign company or foreign shipping. The Company could then - not fail to be a oreflit to our port, and a most lucrative investment to Share-holders. ' The promoters having every confidence in the success of the undertaking, now appeal to the piblio to ensure it by subscribing freely for Shares, s- \ .." LIST OF VESSELS. . Tons egieter^ Laira, Iron Barque .. ... 494 Aloestis, Iron Barque 39 S Stanley, Wooden Brigantine ... 351 Parnell, Wooden Brigantine ... 348 Oaberfeidh, Wooden Barque ... 333 Peerless, Wooden Brigaotine .... 292 Bella Mary, Wooden Barque ... 241 Energy, Wooden Three-masted Schooner ... ... : . ; 185 j ' 2642 j An extract from'the Boolcb of Moean Stone Bros, shows that aevo>rvi«selß of the vnluo of £25,000 yielded an average monthly profit of £530, equal to £6360 per annum, exclusive of -' charge lor Insurance on Hulls. , These figures serve to shew that with a larger fleet, extended business, and more 'capital, substantial dividends may confidently be anticipated. v 1400 J, A. Barber & Co., CUSTOMS, SHIPPING AND COMMIBJ r: 5 SIGN AGENTS, '. -Font Run, Auckland. j AGENTS FOR BUTTON'S FOREIGN ! EXPRESS., TRACKAGES received and orwardsd to all .Jl parts of the world. ... * Goods of al. description, bought and sold on commission- . 1698 I hUSTOMfI. FORMS.—Wanted Known on • \ '■■■ SAWD at the JHtanoira Stab Omom OBJTAHJINTAL PrinW, in colors, golc, or bfenie in • rty fW*£lS?i£!f: ; bit <m tn»' ThsMßas at the,lrmva BriP