Article image
Article image

Important Announcement I directors: [AUSTRALASIA] LTD* " g di d rec l to^ o ld RENZIE RICH, Esq. Al G ' Esq U.B. (Chairman & Managing Solicitor, Sydney. Director, Bebarfalds, «- , . - , , .!„«,,„ .«. n un«i Ltd.), Chairman. Manufacturers of gramaphones, gramaphone J ° s JfJ„i?^T„ EMANUEL, tanS b H mbs«« e I le „ S b L L e records, portable gramaphones, and all-electric (Managing Director The KEMPTON, Esq., C.B.E. ' r ' Reliance Loan, Mort- ' combination radio-gramaphone sets, has SSSS.«cS.\t£SSS* purchased the business of Vocalion (Foreign) wo^h Gramaphone Co., Ltd., Limited, a subsidiary company of the Vocalion Wl m. London). ' _ , T- *. (of Chambe rs, Worth sir john butters, Gramaphone Company, Limited, of London, and and Chambers, Public K.C.8., Director Associ- •«_•'" *■ Accountant:), Auckland, ated Press, Ltd. IS about to issue— New Zealand). 50,000 8 per cent. CUMULATIVE PARTICIPATING PREFERENCE SHARES of £1 each (Participating with the Ordinary Shares up to 10 per cent.) AND 400,000 ORDINARY SHARES of 51- each (Full details of which issue will appear In this paper on June 10th.) OBJECTS OF THE COMPANY.—Vocalion (Australasia), Lim- MANAGEMENT.—The services of Mr. CHARLES LESLIE ited, has been formed to acquire the already established business KEMPTON, C.BJE., Managing Director of Vocalion (Foreign), of Vocalion (Foreign), Ltd., situated at 49-59 Coppin Street, Ltd., have been secured as Joint Managing Director, and he Richmond, Melbourne, Victoria, including plant and machinery, will arrive in Australia early in June to take up his duties, and to carry on the business of manufacturers and distributors Mr. MAURICE ROSENTHAL, for many years associated with of grAniaphones, gramaphone records and radio sets. the successful distribution of gramophone records throughout Australia, and recently Joint Managing Director of Picot THE VOCALION RECORD.—The Vocalion Record is already Rosenthal Pty., Ltd., will join the Company as General highly popular amongst music-lovers in England and Australia, Manager. Mr. CHARLES H. GENDLE, originally sent out to and when the forward policy of the Directors to reduce the price Australia by the Vocalion Gramaphone Co., Ltd., to establish from 4/- to 2/6 becomes known, this popularity will be materi- and control the present factory, will join the Company as ally increased. - Production Manager and Technical Expert. -~.— ~«„.,,~._ _. „_ „ . Sectional experts have also been transferred from the Vocalion THE VOCALION FACTORY - ANNUAL OUTPUT CAPACITY Facto ry in England to the factory in Melbourne. 4,000,000 RECORDS.—The company's factory is centrally situ- ' J ated in Melbourne, and is a large modern brick building which RECORDING STUDIO.—The large recording studio of the cornhouses plant and ' machinery capable of producing 4,000,000 pany is-situated in Melbourne, and is throroughly equipped records per annum. The lay-out, complying with Australian with the latest apparatus for recording every type of music conditions, offers every facility for the production. of grama- and sound by the Marconi Process of electrical recording, phones, gramaphone records, and radio sets equal in quality to operated under an exclusive licence from the Marconi Wireless those produced by the Vocalion factory in England. and Telegraph Co., Ltd., London. SHARE VALUES of Gramaphone Companies as listed on the London Stock Exchange Vocalion Gramaphone Co., Ltd. The Gramophone Co., Ltd., Ordinary 10/- Shares. (His Master's Voice). 1926 1927 1928 < 1929 ! Ordinary fl Shares. 9/10J '£2/9/10£ £4/15/71 £3/16/3 | 1926 1927 1928 1929 Net Profits. £3/9/3 £9/17/6 £15/2/6 £16/5/No Trading. £1,715 " £90,627 £95,437 Net Profits. £338,000 £780,000 £1,132,000 £1,146,000 Columbia Graphophone Co., Ltd. \ Ordinary 10/-, Shares. 1926 1927 1928 1929 £2/19/9 £7/12/6 £22/7/6 £18 Net Profits. £150,826 £180,442. £491,325 £505,121 The average dividends paid by the three gramaphone companies listed above have been during the last three years, not less than 40 per cent, per annum. So far as the Directors of Vocalion (Australasia) Ltd., are aware, this issue is the first opportunity ever given to the people of New ■* Zealand" and Australia to participate in the profits of a successfully - established gramaphone record manufacturing company. PROSPECTUSES and Forms of Application may be obtained rrrJm CAMPBELL PATERSON v SHAREBROKER 38 SHORTLAND STREET, AUCKLAND. •• Or from any Registered Sharebroker. .

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19300604.2.26.2

Bibliographic details

Auckland Star, Volume LXI, Issue 130, 4 June 1930, Page 4

Word Count
652

Page 4 Advertisements Column 2 Auckland Star, Volume LXI, Issue 130, 4 June 1930, Page 4

Page 4 Advertisements Column 2 Auckland Star, Volume LXI, Issue 130, 4 June 1930, Page 4