New Steamship Company.

Gisborne Standard and Cook County Gazette, Volume V, Issue 670, 10 October 1891, Page 2

New Steamship Company.

A STRUNG BIVAL TO THE UNION COMPANY. [special to tub standard.] Auckland, last night. The Star’s London correspondent writes “The vessels for Messrs Huddart and Parker’s new venture are to be built by Swan and Hunter, who have already commenced the construction of the first two. So far as safety, speed, and comfort go, the new vessels will be a distinct advance on anything plying in the Australiasian coastal trade at the present time. The refrigerators will be fitted as completely as though the ships were trading to Europe, while the electric lighting, etc., will be of the completest and most modern description. The new Company will initiate a fortnightly service to and from Sydney and Melbourne, via the East Coast of New Zealand, Bluff. Hobart, etc. The service will be turned into a weekly one as soon as the trade demands it. Mr James Huddart, who represents the firm in England, tells me that the Company will be prepared to meet all the Immediate demands of a second service by building steamets for the focal trade of New Zealand to act as feeders and otherwise. Mr Huddart has the nucleus of an influential financial syndicate round him, but considers that to thoroughly popularise the movement, shares must be offered to those who can do most to forward the Company’s interests. The first issue will be reserved for such people, and they will be placed on precisely the sama footing as a promoting syndicate.’’