Page 1 Advertisements Column 2

Wellington Independent, Volume XXVI, Issue 3160, 29 March 1871, Page 1

Shipping Notices. _____^ THE WRECK RECOVERY COMPANY, LIMITED. HpHE Sorew Steamer TARANAKI, 299 tons J- net, and 415 tons gross register, 90 horse-power, will be SOLD BY PUBLIC AUCTION, on TUESDAY, the 18th APRIL NEXT, after the sale of the steamers Wellington and Ahuriri. This steamer is sufficiently knovgn on the New Zealand coast to render a detailed description unnecessary. She is in the most perfect orddr^ and abundantly provided with every requisite. Bhe will be sold positively, unless a private offer be accepted previously. All further particulars can be obtained at the Company's Office, Lambton Quay. CHARLEB HARTMANN, Seo. W. R. Co (Limited.) FOR SALE BY PUBLIC AUCTION, j THE S.S. LORD ASHLEY. "INSTBUOTIONS havo been received from X Messrs Henderoon and Macfarlane, to advertise tin's vessel for sale by Public Auction, on TUESDAY, the 18th APRIL next, either before, during, or after the sale of the other steamers advertised for that day, unless previously disposed of by private contraot. For further particulars, apply to W. BISHOP, Agent. BHAW, SAVILL & COS • PASSENGER LINE OF PACKETS BjSTWTJEN LONDON AND NEW ZEALAND, %"hii> »nP^"® 8 *"P 8 °^ **" 8 line are all jfM^r&s\* JL A.I. at Lloyd's, and are /££||||^ speoially selected for their supe<«SsiK§saaF rior passenger accomodation and faat sailing. qualities, are commanded by gentlemen of experience, and they carry duly qualified surgeons. The Undersigned are authorised to arrange *ith settlers here whe may be desirous of bringing ut friendß to this Coiony. Pull particulars maj vj obtained by applying to LEVIN & CO., Agents. TjlOR SALE— A FIVE- OARED WHAI¥Jj BOAT, 29 feet long, copper-fastened. For particulars apply to JOHN M'LEAN, Boat-builder Willis Btreet. Flax Company* THE MASTERTON FLAX COMPANY, LIMITED. Inaugurated under the Joint Stock Companies Act, 1870. CAPITAL £3,000, IN 1000 SHARES OF £8 EACH. Payable: £1 on application for Shares, and tLe remaining £2, if required, at 10s per share, and at intervals not less than six month's from each call. Directors : Mr Joseph Masters, Dr Boob, Mr H. Bannibteb. Manager : Mr 8. Hikys. Agents, Wellington .- Messrs. Levin & Co, Solicitors: Messrs Tzabd & Phabaztn. Bankera : Union Bank cf AusxEALUi Masterton, 21st February, 1871. The object of this Company is to carry out Mr Riky's process for dressing the New Zealand Flax j 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, havo been valued at £32 per ton (not including the tow) the brokers saying at the same time 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 Masferton, a specimen o{ which can be Been at Messrs Levin & Co.'a 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 equai to £10 per ton. We are ignorant of the cost per ton of working this process, but would suggest that it should bo carried out at the place ot growth. "Thu parcel of flax from which we gave samples we sold at £22 per ton. , " We are, Gentlemen, &0., " (Bigned) G. & A Noble." Dr Hector, and also Mr Kebbell, FJax 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 £12 to £24 per ton, delivered in London, so 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 a 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, svitb 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 coet of it only. A better situation could not have been selected by Mr Rikys for the erection of a flax mill. A fine stream, wit|i abundance of water all the year round, runs close by it ; it is surrounded by excellent flax, and at a distance of a few yards there is the bush, which will supply the mill with firewood at a small expp*\aa Nothing will be spared by the Direotors, and particularly by tbo 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 larpe number have been already taken up, can be made at Messrs LEVIN & CO., or Mr S. RIKYS, Wellington. Mr HENRY BANNISTER, Ma#terton. Mr A. K. ARNOT, & Mr M. HIRSOHBERG, Greytown. WFIFE, Chbhibt and Dbug&ist WELLINGTON DISPENSARY, Willis street. BDMOND ANDERSON, ARCHITECT AND LAND SURVEYOR, CartertoD, Wairarapa,