§7Ae Cement industry in /lew%eaJand MEW ZEALAND provides a I ' constantly developing ■ market for cement, and there - is ample proof that the grow- “ ing demand will continue to ( absorb outputs without difficulty. Hence The British Stan- piv B Hjij MW Mffl ' dard Portland Cement Ltd. ,/ B' L " should prove one of the most j ‘"W|||| l|iMw ffl'o profitable and successful under- | Js;| 111 18 takings of recent years—for W |[f j its properties at Whangarei com- -- “ bine so many factors in favour ,| jf 11 M||| [J ||ll f | huge scale; its facilities for JOJIMIMW manufacture so clearly conform 7 to every essential requirement; and its whole organisation is based, literally, on so concrete a z \ foundation in all respects. 163 per cent Increase since 1920 For proof, look, first at the growth of the industry in N.Z. ... According to the 1926 census N.Z. has a population of 1,407,165 including Maoris, an increase of 164,769 since 1920, or about 13 per cent. In 1920 the total output of N.Z. lime and cement products „ , was officially valued at £367,874. By the end of March B 1925 the value had risen to £965,997, an increase of £598,123, or approximately 163 per cent., as against the 13 per cent increase in population—although the prices have steadily dropped from £7 2s. Dd. to £5 12s. Od. per ton. The demand in the next few years for cement jdr for roads alone should furnish ample markets for the whole of the new Company’s output,. In addition, various water projects, bridges, tunnels, dams, and other engineering developments, as well as a big demand for S and farms ’ wi “ ca " for £78,100 Estimated Surplus Profit— A FnfprnrKP after 10° o dividend has been allowed for XTI All W 11 V A M Cost of production and distribution has been estimated at £3 oa. 3d. per ton f.o.b. at works. Cinn nirosnficts The present selling price of Cement in N.Z. is £5/2/- per ton, but UU/CLLd U.SIU pi bagii P the sellin{X b p h rice of cenient ag being possibly reduced to £4/10/- per ton, the estimated annual profit on 72,000 tons (after The British Standard Portland Cement Limited is not a Company allowing 10 per cent, for depreciation on cost of works, Md after organised over night nor formed as a speculative institution to paying a dividend on capital) would be £78,100. compete with existing companies regardless of any real utility or - • ' necessity. Behind it are years of detailed research, and close investigation by trained minds—by men favourably known and A \o T ■ j. fully experienced in every branch of the Cement industrj’ and in UlLerCol \JUCII rtllVvm commerce generally. -V They have analysed every factor—location, raw materials, fuel, 0 71 1 R/f * plant, power, water, transport; every detail as to cost of manu- yy VOUI* IVlOUey IH I*lo facture, labour, engineering, marketing, financing, freighting and * profits has been considered and they have “backed” the enterprise CntriM/rc Ranlz’ r by putting up £BO,OOO. DaVlllgb DdlllL. • It can be readily Proved that the projected Company ’s Properties showing its complete confidence the promoting vendor company comply to a remarkable degree with all the cardinal conditions already subscribed for 80,000 £1 contributing shares and will laid down by experts. E. C. Eckel, a leading American authority V.nt/c '4 per eent interest on capital paid up on public subon the subject, holds that the selection ot a site for a new Cement ‘J" 4 P t])c M P in is P being P bui i t , not ’ plant, and its prospects of success must largely depend on- exceeding two years. The company will also allow 6 per cent. Chemical and physical characteristics ot the raw materials avail- - » •. . a „ a ii« able; amount of the raw materials available; location of site with on money paid in advance of calls. reference to fuel supplies, transportation routes and markets; and location in regard to supply of labour and competition. Where these tests can be successfully passed Eckel says “the. P»»/><rScir>nal Oil’Af'l'Or*?, success of the enterprise in question is practically assured if JL JTOV IoHJIICXI VHCVlvlo The ab X,.,pany"ht” squired, toe 01 all enonntraacee, these RIGHT HONOURABLE SIR JOSEPH WARD P.C Bart, properties: (Chairman), Chairman of Directors, New Zealand (a) Limestone (or natural cement rock) property of 174 acres, Guarantee Corporation Limited, Wellington. . „ situated about 80 miles from Auckland, (b) White Limestone Property, consisting of 233 acres freehold. (c) An option to GEORGE SHIRTCLIFFE ESQ., Merchant, Wellington, purchase for £l,OOO the freehold of 84 acres containing a great z quantity of building stone easily workable for reclamation pur- FREDERICK EARL ESO.. K.C., Barrister, Auckland, poses, (d) Coal property, 144 acres. Mr. Boyd Bennie, Mining Engineer, late Government Inspector, conservatively estimates ruii w jam DRUMMOND STEWART ESQ., Company Superthat this coal area contains over one million tons of the best WILUAWI UlWWimvnu H steam and house coal in the Whangarei district, (e) A permanent mtendent, Wellington. supply of fresh water is available for all purposes, having a fall 4 i mav rcn 1 mrr r- "1 r • from an elevation of 200 feet, while the -works -will immediately CEDRIC WITBY SALMON ESQ., A.M.1.C.E., CIVII Engineer* adjoin an anchorage safe for all purposes, workable in all weathers, Wellington without pilotage, having 24 feet of water at low tide, and ® t q o Ua eS ’othe/ and deep wafcer aU U cloBe proximity JOHN MOODY ALBERT ILOTT ESQ., Company Director, Wellington. 15,000,000 Tons of Limestone HUBERT LOUIS NATHAN ESQ., Sharebroker, Wellington. EX™ F RANK RAE , HOGARTH ESQ Acting-Chairman Grey tons, ample to ensure a supply of at least 100,000 tons per annum Valley Collieries Limited, Wellington. above water level for the next 50 years. The sitek ot the quarry is above sea level at an elevation sufficiently higher than the Mill JOHN JAMES WILLIAMSON ESQ., Director Wellington . “rX a— S “" a, ° ne - Deposit Mortgage and Building Association Limited, z-< J‘ • 4L I 1 IJ 1 Wellington. Conditions Absolutely Ideal HON GEORGE ROY W i LU am McDonald, Director pVoZ Kandos Cement Co. Ltd., Sydney, New South Wales. his report, “as nearly ideal as it is possible to imagine. . . I am enthusiastically of opinion that the establishment here of a ■ . . ■. ■ • cement industry would be a most remunerative undertaking.” . \ » O 1 Most Modern Plant Possible H ° w to Or . Sl, ’ r “., Tentative applications tor Shares may be made on.the forjn below, The nlant to be established, capable of an estimated annual ' ' I- '• K r> •' -* ' • ' output “ JOJM tons“ cement, will be the most modem it is fi "“> apphcatious on appneatmu forms ta the Prospectus. . possible ta obtain, and, it is believed, will add specific ad- To Interim Secretary, The British Standard Portland Cement vantages not hitherto enjoyed by any cement making concern in Limited p O . Box 543 Wellington. D„ lo ...............1...... New Zealand. ’ ' ’ - 'W’hei"'€J to Prospectus Pending receipt of prospectus kindly reserve for me Applicants for shares should obtain the prospectus from any Shares for which 1 enclose £application money, member of an exchange affiliated to the Stock Exchange Association ; of N.Z., from the National Bank or from the ‘ ‘ ' NAME Local Brokers — . ■ - STREET TOWN IMle «J» Fogarty cfc V»O» (Note: All cheques lo be made payable to The British Standard YPII ' Portland Cement Limited, and crossed.) The British Standard Portland Cement Limited
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Greymouth Evening Star, 15 October 1926, Page 6
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1,301Page 6 Advertisements Column 2 Greymouth Evening Star, 15 October 1926, Page 6
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