Page 3 Advertisements Column 3

Manawatu Standard, Volume XLV, Issue 287, 7 November 1925, Page 3

WHEN OTHER SPIRITS DISAGREE. If your health precludes you from taking other spirits, call for J.D.K.Z. gin. This famous old pot-still malt gin is prescribed by the medical profession for many disorders. Absolutely pure —cleanses the system. Ask lor J.D.K.Z. at any hotel or bpttlo store. —Advt.

Abridged Prospectus of: THE NATIONAL PORTLAND CEMENT COMPANY, LTD. (A Company Incorporated under “The Companies Act 1908”) CAPITAL: £.'100,000 divided into MOO.OOO shares of £1 each, of which MG,OOO are to be allotted credited as fully paid up to the vendors hereinafter mentioned in consideration for the rights mentioned in complete Prospectus and the balance, 26*1,000 shares of £1 each, are now offered to the public for subscription on the following terms: —(a) 2/G per share payable on application, (b) 2/G per share payable on allotment, and the balance in calls as required but not exceeding 2/G per share per month. DIRECTORS: 11. MAINLAND, Chairman, Wellington (Mainland & Harr, Contractors), President Wellington Employers* Association and Ex-Cement Controller for N.Z. Government during War years; HUGH VICKEKMAN. M.Sc.. M.1.C.E.. Civil Engineer, Wellington; \V. 11. p. r, AU HER, Wellington, Chairman Wellington pi Woollen Manufacturing Co., Ltd., Chairman Wellington «nj I kfl Deposit. Mortgage Sr. Building Association, Ltd. A. jj KCL W/ L BIG NELL, Contractor. Wanganui. Managing Director, / ' Spiral .’c Loekbar Steel Pipe Co. of N.Z., Ltd.. Chairman Wanganui Harbour Board; WM. CABLE. Engineer, Wellington, Chairman of Directors Win. Cabh* Co., Lid., Engineers and Brassfounders; 11. It. YOUNG. Civil Engineer and Surveyor, Westport. Borough Engineer and •' Director Clydevale Coal Mines*, Ltd. OBJECTS OK COMPANY: The Company is being formed for the purpose of establishing at Cape Foulwind, Westport, in the South Island of New Zealand, a most modern and up-to-date Cement Works and other utilities as more particularly set out in the Memorandum of Association, and forms part of the Prospectus. The properties io be acquired comprise about 22S acres of freehold and leasehold hind situate at Cape Foulwind, Westport, connected by railway with the v.harses at Westport, and containing enormous deposits of highgrade and marl, which are particularly described in the reports. The immense importance of the cement industry in New Zealand is now generally recognised. The industry must and will continue to expand and the increasing ditlieulty of securing skilled labour is tending to create an almost unlimited demand for cement. ] The latest system of Wet Process will be adopted and the Promoters are i assured that cement will be produced of unequalled quality. SUMMARY OF SALIENT FEATURES. 1. Splendid position. 2. Abundance of raw materials, limestone, clay of splendid quality, in vast quantities alongside proposed Works. * 3. No Royalties other than Coal Royalty payable to Crown. 4. Control of own coal supplies of the best quality, coilin’ ct• *• 1 by rail from the pit's mouth to the Works. (Distance, only 17 miles.) * 6. Ampl• • water supplies. G. Connection by rail from the Works to ships’ side at Westport. (Distance, only 7 miles.) 7. Excellent distributing centre with steamers trading to every port in the Dominion and to important markets overseas. 8. Low cost of manufacture owing to the natural assemblage in the vicinity of the proposed Works of all the raw materials needed. 0. Large and increasing markets. PROFITS: The* Promoters have had very careful estimates made of the cost of manufacture at the proposed site, and have compared the estimates with those* made recently in connection with works projected in Australia, and i they are sat tailed that tin* cement can be produced and put on the vessel | f.o.b. West port at about £2 per ton. Taking into consideration the average selling prices in the various markets ! of the Dominion, which is taken at the main centres at £5/8/- per ton, and : basing the calculations on an output of 50,000 tons yearly, the promoters feel ! assured that the enterprise will show a profit of 27/4 ;pcV* ton (less Hoad • Office expenses. Taxation, Writing-off, Depreciation, etc.), leaving an estimated net profit equal to 15 per cent, on a capital of £230,000. NOTE: Since the Prospectus has been issued it has been decided to increase the initial capacity of the first unit to about 52,000 tons per annum. THE UNANIMOUS OPINION OF FOUR EXPERTS. Since the original Prospectus was printed the Company have had two further Expert Reports as regards their options at Cape Foulwind, so they have now the reports of FOUR experts: 1. An English Mechanical and Cement Engineer; 2. An Australian Wet Process Cement. Chemist; 3. Director Now Zealand Geological Survey; 4. A New Zealand Cement and Mining Engineer. The proposed cement undertaking at Westport is therefore viewed from four different angles, and the verdict is unanimous in its enthusiasm for the project. Such thorough investigation with such eminently favourable reports prove that this proposition is an INVESTMENT and one of the SOUNDEST—and NOT a speculation. Fullest information regarding this investment opportunity from any member of the Wellington, or Christchurch Stock Exchanges, or any. broker olllcially appointed, or from— H. A. HAMILTON, 21 Bangitikoi Slroafc (P.O. Bax 299), Palmerston North. THE NATIONAL PORTLAND CEMENT COMPANY, LTD. 91 Tire Terrace, WELLINGTON. I Send for Illustrated Booklet.