MONEY IN WHALES.

Press, Volume LXV, Issue 19732, 24 September 1929, Page 12

MONEY IN WHALES.

A leading Sydney newspaper says: "The Pacific and . Ross Sea Whaling Company has selected the Managing Director of one of the most successful Norwegian companies to control their enterprise on an agency basis- •• . • A general average of 45 P® r vidend would probably moderately state the dividend records of » group of successful Norwegian companies. The records of these companies also show that no difficulty has been ex-' porienced ia making large catches in most of the seasons. and of disposing of the oils at satisfactory prices. The demands for the oils have grown steadily, and there seems to he little danger of over-supply." Investors should note the oereonnel if the Board of Directors of this Company, which is as follows: —F. _E. Bryant, Esq., Chairman of the Union Trustee Company of Australia, Limited, Svdney. and formerly manager of the Union Bank of Australia. Limited, Sydney; Sir Graham Waddell, K.8.E., Chairman of the Australian Woolgrowers' Council, and Vice-Presi-dent of the Graziers' Association of New South Wales; W. R. Carpenter, Esq., Chairman and Managing Director of W R. Carpenter and Company. Limited, Island Merchants and Shipowners, Sydney and London; Sir David Orme Masson, K.8.E., M.A., D.Sc., LL.D.. F.R.S., etc., ActingChairman of the Mawson Antarctic Expedition, Chairman of the Victor ian Committee of the Commonwealth Council of Scientific and Industrial Research, Director of the National Mutual Life Association of Australia, Limited, and of the Union Trustee Company of Australia, Limited; W. H. Swanton,. Esq., managing director! W iliiam Crosby and Company,. Shioowners and Merchants, Collins street Melbourne, Director of the Commercial Bank of Australia, Limited Chairman of Directors, Fairymead Sugar Co., Ltd., Director of the Australian Investment Trust, Limited, New Zealand Local Board: Captain Matthias Eriksen Wiig, Consul for Norway,- The Bluff. New ZealandSurveyor for Det Noreke VeritsU (^T eglan L, °y ds )' 4110 Norwegian Whalers' Mutual Insurance Gompany, and formerly Agent for the Pacific and Lock Tay Whaling Companies, Tonsberg, Norway; Francis Tyson Esq., Shipping Company , Manager, Dunedin, N.Z.; Harold Livingstone Tapley, Esq., C.M.G., Chairman and Managing Director, H. L. Tapley and Company, Limited, Shipping Agents, Dunedin, New Zealand. The Prospectus .also discloses that: (1) The preliminary expenses will be small compared with .other companies of similar nature and magnitude. (2) The base will be in New Zealand. Safe anchorage has been granted the Company by the Otago Harbour Board without charge. (3) The New Zealand Government has approved the issue of & license subjept to the payment of a small I° ya il y - ? nd to not less than two-thirds of the capital being British capital. «= The Prospectus lias received the apP fficial . Stock Exchanges , oughout Australia and in New Zealand, and copies of same, with appliation forms, may be o!>tnn<4 from ct r S f' Gerald Anderson, 161 street, Christchurch, or any Christchurch Stock Ex-