Page 9 Advertisements Column 3

Auckland Star, Volume LIII, Issue 98, 27 April 1922, Page 9

Football Players! Have you bought that jersey yet? In club colours at Firm of Fowlds.— (Ad) Don't forget to-niorrow —Crookee and Lawry.—(4d : )

A Safe and Sound Investment Calculated to Pay Big Dividends A sound manufacturing proposition like this, with an important market ready and waiting for its products, is one of the safest investments that can be obtained. New Zealand Glass Works Ltd., (A Company to be incorporated under "The Companies Act, 19O8.") Points for the Investor f^ o rtlfo I*P 1 flflffc ** qedity **• ?!*"«*. «. of *ft pi. n t wm be capable of prpducing 4po LJI Ldl dU 1 UVt VVV Company compete satisfactorily with grow of hand-blown bottles (quarts) a week, valued at , Jt~~ J tOOS€ 01 OVtrtCft DlUiatlCtliren 7 £1,000. The cost being estimated at £587 7s. 2d., tbie T\» • 1 1 ♦ . f gfg\ g\g\g\ OL C J* I 1 v v. 1L , „,1 ~ _-. Divided intO 150,000 ShweS of £1 CECaI and »^T^X^l^l^^el^ Working for eleven moutbe a ysar, and allowing for grade manufacturers. Among others, an Owen** coat of overhaul during the idle month, 33 1-3 per cent. Of which Wi.OOO Shares are offered to the public on the following terms: —5/- per Share Machine vrill be installed. This machine automatically depreciation, overhead expenses, etc., the approximate on application; 5/- per share on allotment; and the balance in calls of not more than 2/6 turns out 175 glass articles per minute without any nett yearly pjoflt from one tank is £12,878 16s 0d P er Sb&re at intervals of not less than one month. hand work, and is recognised the world over for its fine These figures are based on ACTUAL costs of March, Four thousand Shares, fully paid up, are to be allotted as shown in the Proepectu*. sTription.^ ,, ™ M * ° f eVp,y de " * Fifty thousand Shares are to be held in reserve for future issue if necessary, or may be * ' Given favourable oonditlon*, the oom- issued in such manner or for such purpose as the Directors of the Company roav determine. 4 fnrirfal learre of inlnrMiti— _ ' ••'.'— »k* pl«tad work* ef four tank* should «mm " ™ »»«»«•» "^T vc •• 11 V « J '*•* "m -i roil.. *,— «.,. prof.*. PROVISIONAL DIRECTOR*. Z&Tn^^t^J^toZJrtZ During 1920, £125,163 worth of plain bottles (Who will hold office until the conclusion of the statutory meeting at which the permanent 2i '«***. 9 ¥^ n * Hm "Jf 8 f!"^** , , (empty) were imported into New Zealand. The total Directors will be appointed.) GuM MuiliaCtareft Ltd., pobflSbeO 01 tfce o ° T f K g, 5f Wal ! import * d , during ~t bat ear bein e WJLLIAJI BAMAGE TATE, Christchureh, Glassworks Manager. " Awtwluui InvesfaMat Difett." £604,975. Thus show»>g the large and important mar- JOHJf ALE XANDEE REDPATH, Junr., Christchurch, MerchLt. ™™LFc\!Z wtrtfs t0 Pr °" ALEXANDER STOBBIE IfUNCAN, Christchureh, Company Manager. A BEVUSW OF TTTS YEABS' OPEJSATCf O OT THE uUCCb OZ mc propu»o« vidss w oiks. ■ * ATTfI1 r RAT.TA'W fIT.AM BJ 1 A Mil p A GTTTW.TTR3g GO T TTI It mm also be known that several classes of BA *™ S : THE NATIONAL BAIf K OF NEW ZEALAND LTD., Christchureh. TOWT^I gla«ware are already dutiable, thus enhancing the ™£^^°^™° X ' °T™ c *S W ' ALPEBS ' BDd NICHOLL8 ' Christchurch. (From the Au.trah.n Investment D.gert, page 221, proepects of a local Glass Works. I»TEWM BBCRBTABY: F. W. DEIGHTON, F.C.A.A., 183 Cashe! Street, Chrirtehurch. ' ' r ■»""■■ CHEEr IEOKEBS : STEWAET, BECKETT & CO., 152 Hereford Street, Christchurch. Year Gross Dividend Added to An important feature contributing to the success Ended Profits, etc. % Amount Beeerres of the Company is the fact that the leading Manu- THE OBJECTS ' March, 1917 £63,814 6% £21,052 £6,315 factoring Chemists and Brewers have agreed to pur- The c is bei fomed for the ! March, 1918 £«0,024 itt £16,560 ? |6,|63 their supphes pf pew bottles from the Company, Christchurch, New Zealand, and erecting thereon suitable buildings and plant for the mE* 1920 nilfiV S% £22 080 £§2 626 conditions being equal or nearly equal, in preference purpose of the manufacture of glaseware of all descriptions, and to carry on the'business March' 1821 £1361545 10% £42 969 £22*555 to going otrtside the Dominion for supplies. It I* of Glassware Manufacturers or any branch of the industry, and to market the products ... - ~ / -~ . , •Stlmatad that thl* will place the Company of such manufacture and business incidental thereto. * ■ "Over a period of five years'trading the Australian. * On a BrOfltablo baals Of manufacturing In Glass Manufacturers Ltd. added the sum of £74,543 to alx moStn.. ' I ■ MINIMUM SUBSCRIPTION. • oZV^lfL^^in^lu^ The great bnlk of the labour employed is paid on i , hm J£ he mi «> m, J m s-|»b«cfcption ow which the Directors may preeeed te «llotme..t i» 35,000 to theThareholdera'^ln 0 tTthis a 10^ piece-work rates, thus aesuring profitable working from " h * rM, re P rese " tln S a nomlnal value ° f tharty.Ave thousand pounds. cent dividend was pai(l f?r the year ceding u^ the beginning. A MOST SUITABLE SITE. 1921 ' - The importation of Crown, Sheet, and Common The proposed site adjoins the railway at Hornby, near Christchurcu, ana within anri '" ™L C ?W." f**£S& £*%? P r ° fit ; ea f «- Window Glass amounted to £231,865 in 1920. It is reasonabll distance there i. an ALMOST INEXHAUSTIBLE SUPPLY OF THE NECES- much i, e.cesi of Aβ toS? SUDdTv J2 hthlv proposed that the Company will undertake the manu- SAKY KAW MATERIAL, which the Government Analyst's report of February 6th. 1922, ™hVii rl I S-I Lture of fU. class of gla« when the works are com. to be 98 26 Silica '(the basis of Glass manufacture) %. is almost /the highest' y X TioTi the ss G^^S 3 *** operatiiig of a GlMe wo * 9 - !'--^/f c o a ; ug&&»szi jbssw after ported in 1920. PLANT AND EQUIPMENT. The Australian Glass Manufacturers Ltd. operate In view of the acute shortage of glassware during Arrangements have been completed with Mr. W, B. Tato (who has had extensive experi- ,?,?S **'' FJ?^ the war period, it is reasonable to suppose that the enee in Glass manufacture in the United States ned Australia) to eventually instal four com- °* "z? £.. Z\Vi.~«lZ*L Australia Government will give favourable consideration to the P> e * e Siemens Tanks and equipment, which will be capable of supplying practically all the can ** done m tlus «»»ry. '■ , . .. needs of New Zealand for general glassware, including:—Bottles, tumblers, jam jars, jugs, question of protection. ordinary and imprpvpd syphons, fancy and ornamental glassware, glass for scientific pur Will thicNow 7»alan<l Dace.Wnrlr*lie akU The proposed site is adjacent to the main trunk poses, sheet, and plate glass, fireproof glassware for cooking utensils, etc HIUIUBIWW {,ca lduu ui«U IT orR5 UC «O!C line, providing facilities for the receiving of coal, and lllm .. rcT«oi icuunyr i to Compete With OVeFKa manufacturers? the despatch of finished products. INITIAL ESTABLISHMBNT. • •• In order that dividends may be earned immediately, it is proposed io commence opera- ' ;es ' be<:ause lv addition to being able to quote A few minutes' conversation with any manu- tiqn9 with ene siemens Tank and Lehir, together with necessary equipment, It is esti- ? nc ? s fpr ltß manufactures that are advantageous to facturer using glass bottles wiU reveal the fact that a mated that this can be effected at a cost of £33,000. But it must be noted that thie amount local consumers, the invariable loss through breakglass works has been a necessity to the Dominion for covers the purchase of 25 acres of land for the site of the complete factory, and' also the a ? es JP th oversea shipments is so serious that it Tear _ • erection of ofllces, batch house, machine shop, and warehouse, this will place the works virtually acts as a restrictive duty, and several classes 3 ' on a pront-earning footing in the least possible time, and enable the completion of the total of are already dutiable. : ; works to go forward unhampered. Where To Apply For Shares Any Member of the Christchurch, cmiTM a, ni liriC c Company , * Chief Brokers: Or from Any Branch of Wellington, or Auckland Stock D ttn edin STEWART, BECKETT & CO., the Company's Banker*: Exchange. " 152 Hereford Street,Chrbtchurch TheNationalßank of New Zealand The Company will pay exchange on all monies remitted by applicants. Applications will be dealt with in order of their receipt and, in case of being over-subscribed, the Directors reserve the right to make pro rata allotment, or to decline any allotment! Prospectuses obtainable at any of the above addressee