Page 4 Advertisements Column 2

Auckland Star, Volume LIX, Issue 247, 18 October 1928, Page 4

PBWBHMBPWWP—Write Now for Fully illustrated Prospectus jpf Tl,e FIJIAN HNEAPFI£Co,UI Incorporated in New Zealand. CAPITAL .£IOO,OOO Which offers-(or sale 40,000 ordinary £1 ihnw% 2300 of vfchfc : '-- have already been applied fob A 10 Per Cent Investment PROVISIONAL DIRECTORS* Nathan Alfred Nathan, of Brian lifford IlawlM, Cm*:§ Auckland, Merchant. pamlw JLNL .QUtfaiiL ' (Chairman of Directors of . : L. D. Nathan & Co., Ltd.) 1. m rm . mm v David Laurence Nathan, of - Auckland, Merchant. Merehaafc ; | (Director of L. D. Nathan & (Director of Hnml &Ck. - Co., Ltd.) Ltd.) Godfrey Garridc, of Suva, Planter. High Quality of Fijian Pineapple. In" the last two years actual marketing of 8000 cant of the canned product in New Zealand, Canada, Enf* land, and to the Union S.S. Co., Ltd., has protid it to be, if anything, superior to the Hawaiian aitide, ;j£ It should be noted that the pineapple is not indifNMMi to HawaiL In the present year Hawaii has been vwted by Gammander Hewitt, who is one of die Directors of the ptMat Company, and the whole of the plantation and ctong methods of the Hawaiian Pineapple Company have Imb studied at first hand, by him under the friendly goidaMe - of Mr. Dole, the founder of the industry there. =;?- First Crop January - February, 1929. All preparations have been made to ensure that a pwfc earning basis will be established immediately. It is estimated on a conservative basis dial t crap i| not less .than 200 tons of fruit will be harrsatsd it January and February, 1929. ' jt One of die experts of die Hawaiian Pineapple CoapMy will arrive at Suva on November 2 in order to CM ott first season's crop of die present company. The company's Waidau plantation '•""hint 1039 rri— of freehold and 333 acres of leasehold, and has beat the subject of several years* development work. T The Company also owns a complete canning-plant wilii a capacity of 6000 tins per day. The New Zealand Market • | The first and immediate market for the CompeiqrV output is New Zealand, whose »"""«] importation of canned pineapple is equal to 75,000 cases of 24 21b. The import duty on die Hawaiian article is 45%, while it is only 25% on the'Fijian. :. By January, 1931, the Company's production, with that from fruit produced by native or other nnmsia (and not taken into account in estimating its profit). should approximate to the whole New Zwhad requirements. The market in Canada and England has been proved, and within a short period New Zealand be the Company's smallest customer. The annual Canadian import of pmrannlaa fit equal to 285,000 cases of 24 21b. *iw«. and is valsisd nt approximately £400,000. r "j It is dividedalmbst equally between ■' American produce. 1 ' . There is a British preferential tariff of £ cent per lbw, s* against the tariff on American imports of 2 J cants par IK This is equal to a preference of 4/- per Cflrr in fnun of the British product. EXTRACTS FROM " MANUAL OF HAWAIIAN SECURITES.** Published 1927. THE HISTORY OF THE HAWAIIAN PINEAPPLE COt, LTO, Profits, Dividends, Surplus, and Market Vdat, Market Year. Net Divi- Rate Year's of £4/2/- SUnd • dends. % Surplus. 'High. Lseb ' 1912 _ 31,100 19,500 15 11,600 616 0 |« • 1913 .. 63,600 21,600 15 42,000 915 O 7 s s 1914 ... 34,100 21,600 15 12.500 714 0 6 0# - • 1915 24,700 21,600 15 3 100 74 0 6120■ -V--1916 .. 79,600 21,600 15 SMOO II 17 0 7» I 1917 Mll 82,900 44,300 214 38,600 10 14 0 SUA 1918 81,500 44,500 18 37 000 10 6 0 74 O 1919 .. 205,700 70,900 23 U4MO 17 16 0 111 no? ** 281,200 91,100 23 190,100 18 15 0 15 S 0 1921 .. 132,000 100,500 20 31,500 16 10 0 O I A 1922 .. 307,900 131,100 23 }76.100 17 14 0 10 I t 1923 .. 569,000 210,100 17 358,900 13 4 0 10 O 0 1924 .-. 486,400 210,700 17 275 700 76 0 |] 9 | 1925 ~-. 416,200 217,300 12 198,900 16 17 0 111 V 1926 . 485,800 186,300 10 299,500 11 17 0 10 3 # S Pe c i a l Cash Distributions are included above, as follows: 1917. Mmm From £206,000 to £2,060,000 in 10 Years. - the above dividend and cash bonus payments, dw faloMM •URTHER ISSUES OF CAPITAL HAVE BEEN MADETThenarTafenrf*» ihares is £4/2/- approximately:— In 1918 the capital was increased from £206,000 to 4247,0 Ml In 1919 the capital was increased to £329,000. In 1920 a BONUS of £83,000 increased the capital to 241J.0M1 In 1921 a BONUS of £103,000 increased the capital to 0515.000. J '922 a BONUS of 58% and a sale of new lac caaS increased it to £1,236.000. * ' In 1924 £10,300 new stock increased it to £1,246,300. In 1925 a BONUS of 33J%, and sale of 1 new share for f*g gb raised it to £1,869,400. In 1927 a BONUS of 10% increased it to £2.060,000. There is every reason to anticipate that this rmmiMij wll expenence similar success, particularly in view et the friendly advice and active assistance of the Hnwa Pmeapple Co., Ltd. Apply to any Licensed Sharebrokers, or to the Company's Cttsf Braka% G. STEWART CRAIG, LTD. o the Provisional Directors, THE FIJIAN PINEAPPLE CO., LTD., C/o G. Stewart Craif, Ltd., 41, Shortland Street, Auckland. P.O. Box 407. Please forward me, without obligation, a copy of the Coapaaif'l llustrated Prospectus. " Name * * * * '•* * CMsccr. tjoccaaaHmHUM* **' • • . ,c. . . •:<UKK. ~ , MlanMMaiaß(^ a