Page 13 Advertisements Column 1

Press, Volume LXV, Issue 19611, 6 May 1929, Page 13

DUX Electric Heater (New Zealand) Limited (Incorporated under "The Companies' Act, 1908") Nominal Capital £75,000 Offers for Subscription 25,000 9% CumuianV Participating Preference Shares of which only a limited number remains available GUARANTEED as to the First Year's Dividend The Company has been formed to acquire the sole New Zealand rights of Dux Electric Heaters, and to develop their sale throughout the Dominion. DIRECTORS: HtBDERIOK JOSEPH NATHAN, of Wellington, Merchant (Director of Joseph Nathan & Co. Limited.) MO AUGUSTUS JAMES LONEROAN, of Wellington, Merchant. (General Manager Canadian Knight and ' Whippet Motor Co.) ' IDWARD JOSEPH RIQHTON, of Wellington, Company Director. (Late Managing Director, N.Z. Picturo Supplies Limited.) WILLIAM PERRY, of Wellington, Barrister and Solicitor, Wellington. IIIIRWAI.D GORDON KIRKPATRICK, of Sydney, New South Wales, Architect. Great Advantages of DUX Heaters This Electric Bath Heater has many advantages over any other type, whether Electric Storage, Gas or Fuel Heater. Amongst others are the following:— ,1, It it the only almost instantaneous Electric Bath 2. It is POSITIVELY SAFE and fool proof. 3. It is all white porcelain, always clean and bright. . It is so simple that a child can operate it. 5. It makes available a plentiful supply of hot watet at all hours of the day and night. 6. It purifies water which may then be used for any domestic purposes. 7. It eliminates waste—you pay only for power used. 8. It obviates the necessity of matches. 9. It cannot give off any poisonous fumes. 10. It has no flue pipe or unsightly fittings. 11. It does not require special ventilation precautions. 12. It eliminates the risk of explosion or fire. 13. It does not radiate heat and obviates danger of burns by accidentally touching the outside case. 14. It easily regulates the temperature of the water. 15. It has no concealed hot pipes to harbour vermin. 16. The water will not stain the bath. 17. It is offered at a reasonable price. 18. It is the product of years of careful thought and practical tests. 19. It is the ACME of perfection as regards DESIGN, RELIABILITY and EFFICIENCY. 20. By using the DUX Heater there is no waiting for hot water, as at any hour of the day or night an abundance of hot water is available just by the operation of turning on a switch. SI. It is now a source of satisfaction to many thousands of householders in Australia where the demand is increasing daily. THE DUX HEATERS (N.S.W.), LTD., February 6th. 1929. 4fß George Street, SYDNEY. Dmr Sir*, ..««,., i Attention Mr. H. C Kirkpatrick. We with to renort to you that since wo made arrangements with your Company for the sola Distributing Rights for N.S.W., we have been mora than satisfied with the DUX Bath Heaters and Tap Heaters. Although a fixad quantity of these products have to ba taken by us each month, we have not found this quantity excessive, and on one or two occasions had to order a larger quantity from you. We think that during the coming year the business will be greatly increased. The line is now well known, and a definite demand for same has set in. We would particularly like to sa r y that all the Bath Heaters •nd Tap Heaters have been singularly free from defects. We have had to do practically no servicing at all. AUSTRALIAN GENERAL ELECTRIC CO., LTD.. R. D. SHANNAN. Demand Electric Domestic Apparatus has before it an ever-growing field for business. New Zealand to-day is on a par or in advance of any other country in the world as far as electricity is concerned, and 'the use of domestic electrical appliances. This can be readily seen by the following figures (taken from the Public Works Statement ef 1928): — TotaJ Number Consumers of Electricity in Dominion to 31/3/1928 • •• •• 243,795 Total Electric Water Heaters Installed to 31/3/1928 21,513 Total Electric Cooking Ranges Installed to 31/3/1928 15,766 The Electric installations for the year 1928 (showing the immense strides being made) were as follows: Water Heaters .. .. .-., .... .. 7,353 Ranges .. .. .. .. »• .. 6,255 Manufacturing Costs The manufacturing costs are based on the experience of the DUX Electric Heaters (World's Rights) Limited, and such eosts are absolutely guaranteed by them to the New Zealand Company in their sales agreement for the first year of the present Company's business. The amounts allowed for Distributors" Commission and Overhead Expenses are liberal, and are based on experience gained by the DUX Electric Heaters (World's Rights) Limited. The estimated nett profit of £8,131 is more than the amount required to pay the annual dividend of 9 per centum ea the 25,000 preference shares now being issued. It may be noted that an amount of £4:500 would be required to pay 9 per centum on the total issued capital, thus leaving an amount of £1.631 as a surplus which should, from the inception of the Company's business, be sufficient to establish a substantia) First Year'* Dividend Guaranteed The Vendor Company is so assured of the success of the New Zealand Company's undertaking from its inception that it will guarantee the first year's dividend of 9 per centum per annum to Preference Shareholders, ao that investors can be amply assured that their capital is earning good interest from the date of its being lodged. Demonstrations Residents in and visitors to Ohristchurcli may witness daily demonstrations at Room 25, T. &G. Insurance Building, Hereford Street, Christchurch (Mr. de Latour). Applications for shares will be allotted forthwith in the order •f their receipt. Copies of the Prospectus may be obtained from any Licensed Iharebroker, or from the Company's Brokers . . . C. STEWART CRAIG. LTD. *Sat% %< a « %% « %% ««««««««%%««««%%«« % "^^■•mm'mm'^mm.m^^.-m^m'mmi To the Directors, DUX ELECTRIC HEATERS (N.Z.) LTD.. C/o G. Stewart Craig, Ltd.. 172 Hereford Street. Christchurch, P.O. Box 233 rtease forward n.e, without obligation, a copy of the Company's prospectus.