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New Zealand! loses over £500 ? 000! The annual imports of Glassware into this Dominion total big figures.ln 1920 over half a million pounds went out of this Dominion for Empty Bottles, Sheet Glass, Jam Jars, etc., that can be manufactured by this new Company. No industry has its future prosperity more assured. It is vir- ' i tually a national necessity that we should have our own glass works. This view is endorsed by the fact that among the initial subscribers to the capital of the company are such men as Mr. A. S. Duncan, manager Ward’s Brewery; Mr. Thomas Madden, secretary Staple’s Brewery; Mr. J. R. Hayward, managing director of Hayward Bros. & Co. Ltd. ; Mr. T. R. Quill, Managing Director of Quill, Morris and Co., Ltd.; Mr.H. J. Otley, Timber Merchant; and Mr. J. A. Redpath Jr., Merchant. •If we are to strengthen our Industries 1 we must have our own Glass Works! ’ ■ • 77ie proposed Company will have thoroughly modern equipment and be capable of producing glassware equal to the best imported lines at prices advantageous to the local consumer. New Zealand Glass Works Limited (A Company to be incorporated under (t The Companies Act, 1908 A CAPITAL - £150,000 Divided into 150,000 Shares of £1 each. Minimum Subscription to go to Allotment £35,000 A REVIEW OF FIVE YEARS’ OPERATING OF THE AUSTRALIAN GLASS ■ ' ' t MANUFACTURERS CO. LTD. ■ ' . (Fronrthe “Australian Investment Digest,” page 221, August, 1921.) Year Gross Dividend Added to Ended Profits, etc. % Amount Reserves Kr/idtviS DSIHg March, 1917 .. .. 5.63,814 6% £21.052 £6,315 - . M March, 1918 .. .. 5M.024 6% £16,560 £6,463 jA Hl March, 1919 .. .. £73,025 6% £16,560 £6,589 I*4 CIL March 1920 .. £114,943 8% - £22,080 £32,626 1 J J March; 1921 .. £136,545 10% £42,969 £22,555 can be aone nere Over a period of five years’ trading the Australian Glass Manufacturers Ltd. added the sum of £74,548 to reserves.* Of this amount £39,429 was capitalised in June, 1920, when one share for every seven held was given to the shareholders. ——j n addition t 0 this a 10 per cent, dividend was paid for the year ending March, - ' J 1921. . ' ' ■ , | WHERE TO APPLY FOR SHARES Any Member of the Christchurch, Wellington, pr Auckland Stock Exchange. SMITH & QUICK, Dunedin. The Company’s Chief Brokers: STEWART, BECKETT & CO., 152 Hereford St., Ch. Ch. Or from Any Branch of the Company’s Bankers: The National Bank of New Zealand. The Company will pay exchange on all monies remitted by applicants. Applications will bo dealt with in order of their receipt, and, in case of being over-Bubsciibed, the Directors reserve the right to mako pro rata allotment, or to decline any allotment. Prospectuses obtainable - from, the above addresses

• o H f Spirit of France W s ® ALWAYS WORTH WHILE WHinOMJV.”s“ Ready to transform a plain dish into a banquet, whooe piquant flavour will delight the most critical. NEXT TIME “Let it ba Whittomo’s”— 1 Your grocer stocks it. WHITTOME STEVENSON, LTD., N.Z.’b CONDIMENTORS, . . AUCKLAND. FROM OVERSEAS we have just landed a big shipment <?f the LATEST NOVELTIES IN WALL-PAPERe J fflj Evon if ‘it is only one room that • you contemplate papering, it will pay you to inspect the new papers displayed in our g i lowro om. EXCLUSIVE EFFECTS FOR EVERY ROOM IN THE HOUSE. We will gladly supply estimates for papering jobs of any magnitude. ROBT. MARTIN, LTD., Manners Street. Wellington. v

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19220429.2.7.2

Bibliographic details

Dominion, Volume 15, Issue 182, 29 April 1922, Page 2

Word Count
557

Page 2 Advertisements Column 2 Dominion, Volume 15, Issue 182, 29 April 1922, Page 2

Page 2 Advertisements Column 2 Dominion, Volume 15, Issue 182, 29 April 1922, Page 2

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