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WEEKLY AUCTION SALE OH" SATURDAY. /~1 EORGE THOMAS will sell by public \X auction, on Saturday, March 18tb, at his Rooms, the following goods and merchandise : — 5 tons Christchurch flour, good brand \ ton salt 4 casks currants, just landed, in good order 20 boxes tea 12 dozen old port *me, Bruno Silva, <Jr> <!> <jj> <jj> 6 do sherry, ale and porter, 3 hhds » vinegar &■ 1 hhd tumblers, 30 dozen, cut glass, lot of crockery Ladies' and gentlemen's boots Furniture under bjll of sale. No reserve 1 splendid saddle 10 dozen lines, 1 cask butter, 5 cwt cheese, &c, &c. Sale to commence at 1 o'clock. Terms liberal. THURSDAY, 23rd MARCH, MESSRS VENNELL, MILLS & CO. have received instructions from Mr Langston to soil by public auction (under a Bill of Sale), on Thursday, 23rd March, 1 quartz-crushing machine (8-stumper) 1 turbine water wheel (8 horse power) 3 centrifugal pumps Sale at 2 o'clock, p.m. Terms at sale. npEE MASTERTON FLAX COMPANY, JL LIMITED. Inaugurated under the Joint Stock Companies Act, 1870. CAPITAL £3,000, IN 1000 SHARES OF , £3 EACH. Payable : £1 on application for Shares, and the remaining £2, if required, at 10s per share, and at intervals not less than six months from each call. Directors : Mr Joseph Mastebs, Dr Boob, Mr H. Bannisteb. Munnger: Mr S. RIKTS. Agents, Wellington : Messrs Levin & Co, Solicitors : Messrs Izabd & Phabaztn. . Bankers : Union Bank cf Atjstbalia,. Masterton, 21st February, 1871. The object of this Company is to carry out Mr Riky's process for dressing the New Zealand Flax ; and at the same time to manufacture woolpacks, scrim cloth, and other materials. The flax produced by this process, which is very inexpensive, is of such a quality that samples sent to London by Messrs Levin & Co., although but half dressed, have been valued at £32 per ton (not including the tow) the brokers saying at the Bamdtime that such, flax would command a large demand. But a superior quality has been produced since at the mill already erected by Mr Rikys at Maeterton, a specimen of which can be seen at Messrs Levin & Co.'c office, and such flax will doubtless fetch a higher price in the London market. The following certificate relative to the flax prepared by the above process has been given in London by the well-known firm, Messrs Noble & Co., viz.:— "London, 17th June, 1869. " Gentlemen,— After carefully examining the samples of New Zealand Flax shown to the writer at your office, we consider the improvement in value effected by Mr Rikys' process on the sample we gave him equal to £10 per ton. We are ignorant of the cost per ton of working this process, but would suggest that it should be carried out at the place of growth. "The parcel of flax from which, we gave . samples we sold at £22 per ton. 11 We are, Gentlemen, &c, " (Signed) G. & A Noble." Dr Hector, and also Mr Kebbell, Flax Commissioner, have expressed a high opinion of the flax prepared by the said process. According to present calculations the cost of such flax will not exceed £22 to £24 per ton, delivered in London, co that there will be a large margin for profit, even supposing that not more than £32 per ton should be obtained for it. The Directors have the pleasure to say that such is Mr Rikys' confidence in the said process that, instead of asking ft bonus for it from the Company, he has agreed to accept 25 per cent, out of the nett profits of the Company, retaining to himself the right to grant licenses for the use of his patent. The mill erected at Masterton, with the plant and other things attached to it, will become the property of the Company, who will have to pay to Mr Rikys the actual cost of it only. A better situation could not have been selected by Mr Rikys for the erection of a flax mill. A fine stream, with abundance of water all the year round, runs close by it ; it is aurrounded by excellent flux, and at a distance of a few yards there is the bueh, which will supply the mill with firewood at a small expense. Nothing will be spared, by the Directors, and particularly by the Manager, to promote the good result of this Company, which they , do not hesitate to recommend to the public as a safe and good investment. Applications for shares, of which a large number have been already taken up, can be made at Messrs LEVIN & CO., or Mr S. RIKYS, Wellington. Mr HENRY BANNISTER, Masterton. Mr A. K. ARNOT, & Mr M. EIRSCHBERG, Greytown. ON SALE, EX PBAIRIE, FROMHOBART TOWN. ONE very superior Entire Colt, 2-yeara old, named "COLSTOCK," sire Lincolnshire Hero, imported by the late R. Q. Kermode, Esq ; dam Flower, by Black Champion, grandam Blossom, by Grey Champion, imported by W. J. T. Clarke, Esq ; Black Champion, by imported Black Champion, dam Flower, a pure Lincoln mare, imported by the late Dr. Wilmore. 15 splendid heavy Draught Mares, all broken to harness. 4 usef ul Geldings, all broken for harness. The attention of breoders of Horses is called to this valuable importation. The Entire is one of the finest animals ever landed in Wellington, and the Mares are admirably adapted for breeding purposes. The Stock will be on show for a few days at the Stock-yard of the undersigned, Manners street, where pedigreos can be seen, and particulars as to price ascertained. BETHUNE & HUNTER. Exchange Buildings, 14th March, 1871. _^ NEW BOOKS Just Received, and on sale by the undersigned : — All the Year Round, vol. 4, 1870, 7s 6d Sun shine, the new vol. for 1870,. 2s Stewart's Elementary Physics, 6s 6d Noad's Student's Text Book of Eleotrioity, 15s Grammar of Assent, by Father Newman, 13s 6fl Chundersen's Lectures and Tracts, 6a Peoples of the World, by Bessie Parkes, 7s 6d Miscellanies by Father Newman, 7s 6d Story of Robin Hood, by Heaton, 4s 6d Off to Sea, by Kingston, 4s 6d Story of Captain Cook's Voyages, by Jones, 7s 6d . Hue's Travels in China, Is 6d. Scott's Poems, Globe edit, 5s W. LYON.
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Bibliographic details
Wellington Independent, Volume XXVI, Issue 3150, 17 March 1871, Page 3
Word Count
1,025Page 3 Advertisements Column 4 Wellington Independent, Volume XXVI, Issue 3150, 17 March 1871, Page 3
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Page 3 Advertisements Column 4 Wellington Independent, Volume XXVI, Issue 3150, 17 March 1871, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.