Page 3 Advertisements Column 1

Manawatu Standard, Volume LIX, Issue 163, 12 June 1939, Page 3

FIREWOOD S CRUSHED COKE. IT IS NOT CHEAP IE IT IS NOT VALUE! S. RUSH & Co. T™ ’PHONE 7630 FOR QUALITY! SKIN LOVELINESS IS POSSIBLE ONLY THROUGH SKIN-HEALTH. REXONA SOAP KEEPS THE SKIN THOROUGHLY HEALTHY - AND BEAUTY FOLLOWS, NATURALLY. q> E ; i ■ ws \ j / c Rexona If skin faults don't respond quickly to Rexona Soap care, then your skin needs the complete Rexona treatment Soap and Ointment. TREATMENT : Wash frequently with Rexona Soup. At night smear a little Rexona Ointment ou the affected parts. This wonderful treatment rapidly heals the most obstinate blemishes, leaves the skin clear and unmarked. For skin-health, for skin beauty Rexona! Rexona is the only soap containing CaJyl. 1 his special compound of medi- ' cations gently draws out the impurities from the pores, where all skin troubles start. Rexona ensures complexion loveliness the natural way — through skin health. Start using" Rexona right away ! REXONA is more than a beauty soap, REXONA PROPRIETARY LIMITED 8.210.27 NZ

V o n ;m > bound to In' right with fashion and ial.iicr if you choose Ham's type., for a winter costume, lint to yet llte best cut and line, they inn-t bn of good tailori i jir cpialitice —oli Papin** mean* failure. Collinson and (•unninglinme oiler yon tailor true qualifies 56 indies wide in 10 leading shades at 9e lid to 13s lid yard—and really worth the money. See them now on display in our Dress Section — Add.

BUY' ■s® m m -KiS ■ > ' m a ■ DON’T FORGET TO SEE OUR DISPLAY OF FURNITURE AND FURNISHINGS AT THE A. & P. WINTER SHOW THIS WEEK ! COMFORT! QUALITY! LUXURY! IN A LOUNGE SUITE from HUTCHINS I There is a large range In choose from in (Jenna Velvets, Tapestries and 'Wool 3Joquett.es. The prices range from £lO/10/- Upwards. HUTCHINS' FURNITURE WAREHOUSE, 493 Main St., E., Palmerston North. NOTE. —Our is the Second Furniture Store Past P.O. —Watch for Name “HUTCHINS.”

This notice docs not contain oil the information required to be shown in a prospectus and is accordingly not to bo regarded os an invitation to the public to subscribe for shares. It is issued tor the purpose of giving information to the public concerning the company. Short Particulars The WHAKATANE PAPER MILLS Ltd. A company incorporated on the 4th day of August, 1925, under the provisions of the Ccmpanies Act av Mew South Walts. 5i% First Mortgage Debenture Stock REPAYABLE IN AUSTRALIA . Authorised Capital, £2,504,444 - Subscribed Capital, £2,082,162 - Paid-up Capital, £2,045,1 / [ 1. ; 2. ! O o. ' 4. i : 5. ! 6. ;t. ; s. ' 9. 10. REGISTERED OFFICE: Q.N. BANK CHAMBERS, 27 Hunter Street, Sydney. NEW ZEALAND OFFICE: Whakatane, New Zealand. ORGANIZING BROKERS: PHILIP PRING & CO., Member of Sydney Stock Exchange. TA INFORMATION about the company. The Company is engaged in the manufacture of Groundwood Pulp and Paper Board. The Company's Pulp and Paper Mill at Whakatane has taken over two years to erect and cost over £500,000. The works are most modern and capable of extensive production at economic cost. The Plantations —pulpwood and land- —are valued by Prof. H. Hugh Corbin, B.Sc.Ag.Edin., B.Sc.Lond., B.Sc.Adel., at £1,104,100. The Mill commenced production in March, 1939. The Company is issuing Debentures totalling £2 00,000 partly to consolidate its current liabilities and partly to provide additional funds for working capital. Existing Shareholders of the Company have subscribed for in cash and have been allotted £68,000 of the Debenture Issue. £15,000 is being held on reserve for later issue and the balance of the issue, £1 1 7,000, is for public subscription. The plant at Whakatane has a production capacity of 20,000 tons of Paper Board per annum, and during the coming 12 months the Company estimates producing and selling 12,000 tons of Paper Board. The net profit on output of Paper Board is estimated at £5 per ton, so that on a turnover of 12,000 tons the total net profit would be £60,000. Profit required to meet 51 per cent, debenture interest is £1 1,000 per annum. Debenture interest will be payable in Australian Currency half-yearly on March 31 and September 00. The Debenture Stock will be redeemed also in Australian currency. -i I The assets of the Company taken at valuation provide an asset backing for the Debenture Issue of £7/10/-■L-L- f 0 £]_ |f valued at cost —excluding capital appreciation of the Plantation due to growth— the backing ' is £4 to £l. Copies of the Prospectus with forms of application may be obtained from the Company's Brokers, Sydney, or any member of the New Zealond Stock Exchange, or from ony branch of the Union Bonk of Austrolio Ltd., or direct from the Head Office of the Company, 27 Hunter Street, Sydney, N.S.W., or from the Company's Office at Whakatane, New Zealand. List of Applications for Debentures will be Closed on 28th June, 1939