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Staffordshire, and recognised as the best and most economical in the world. The property is situated in the centre of Milton. Mr. W. M. White has now ready for market large supplies of saleable articles for general and domestio purposes. The present time is, therefore, considered by the projectors of this Company the most favorable opportunity of entering upon the possession of the works, and pushing the manufacture and sale of potteryware in this and the adjoining colonies. An estimate of the nature and extent of the available market may be arrived at from the fac.t that the value of such imports into New Zealand alone for the year ending December last amounted to £70,000, of which Otago alone imported £22,000 worth of potteryware. The Promoters have every confidence that they will "be enabled to supply the whole Colonial Market with any article in Potteryware, at a figure sufficiently low to compete successfully Jwith the Home article, while securing a large margin of profit to the Company, wlio have secured the services, as Manager of Mr. Chetham, for 30 years proprietor of one of the largest English Potteries, and practically acquainted witU the various processes adopted in every branch of the trade. The services of the present staff— of over 30 thoroughly experienced hands — brought from the Staffordshire Potteries direct, and now engaged upon the Works, have also been obtained. The projectors have agreed with Mr. W. M. White to take over the Freehold Property, consisting of Three Acres of Land surrounding the present centrally situated Works (secured with a view to their future development), and the large and substantial buildings, with plant and stock, at a valuation estimated at, or about £7000, including General Government bonus of £300. The amount of goodwill, estimated at £2000, Mr. White has resolved to invest in the Company in paid-up shares to that amount, so confident is he in the bona fides of the undertaking in the hands of a public Company. The projectors have also secured from. Mr. White his right' obtained from the General Government to remove clay from the lands adjoining the railway, between Tokomairiro and the Clutba, which clay is allowed by competent judges to be equal to any found in England for manufacturing purposes. The Government are now forming a siding to these clay pits, which are inexhaustible. The projected branch line to the Tokomairiro coal fields has also been surveyed to pass in front of the premises, so that the works will be in railway communication with the raw material, with unlimited and cheap coal supplies, and with a pore of shipment j as also with the metropolis and the large townships of tbe Province likely to form good markets for supplies. The projectors appeal for support with every confidence to the residents of Tokomairiro *an<3 the settlers of the County of Bruce generally, as the establishment of this industry has already tended greatly to develope the resources ol the district in opening up clay and coal mines, employing a large amount of outside labor in procuring and carting timber, coal, and clay supplies ; while the recent unexampled prosperity of the township of Milton has been greatly advanced by the presence in its midst of the large number of employees — men, women, and 1 children — engaged upon the works, and which would be greatly increased by a larger proprietary possessed of increased capital to carry on the works to every advantage. The promoters also confidently bring the enterprise under the notice of the general public of Otago, as it is a well-known fact that nothing bo tends to advance the prosperity of a country as the establishment of local industries within its borders, thus preventing the export of capital from the Colony for supplies of everyday requirements. Apart from these considerations, the enterprise of itself promises to be an amply remunerative and successful one. The projectors, having the matter in all its aspects every consideration, have great pleasure in placing the Company in the market, and believe it will prove in every way worthy of public confidence and co-operative support. Forms of application may be obtained from Mr. G. Capstick, Broker, Milton ; or M. W. Hawkins, Dunedin. GEORGE OAPSTICK, Interim Secretary.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18750515.2.4.2

Bibliographic details

New Zealand Tablet, Volume II, Issue 107, 15 May 1875, Page 3

Word Count
704

Page 3 Advertisements Column 2 New Zealand Tablet, Volume II, Issue 107, 15 May 1875, Page 3

Page 3 Advertisements Column 2 New Zealand Tablet, Volume II, Issue 107, 15 May 1875, Page 3

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