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Matakana Radiata Ltd. The Only Afforestation Company Selling An Actual Plantation.

A Pure Gold Investment. The promoters of this Company do not make extravagant claims as to the profits that shareholders will get, but they estimate that the trees on the Matakana Radiata Ltd. Plantation will. be worth from £[ to JBi/io/- each in twentyfive years according to whether they are Pinus Radiata or Eucalyptus. This price should easily be obtained on the stump, which equals £4OO per share. On account of the wonderfully cheap water transport and flat land the Company can, if they so desire, cut the logs and raft them to the mills, for (vide Mr. Gamman’s report) a few pence per 100 superficial feet, the return per share should’then be worth, say, £6OO or £7OO. The third alternative is for the Company, in twenty-five years’ time, to erect their own mills, fell and mill their own timber, and each share should then return at least double the above figures. Electric power for the mill is already available from Tauranga.

What Auckland Business Men Think of Matakana. After thorough investigation, several prominent business men of Auckland were so impressed with the timber growing possibilities of Matakana Island that they acquired the freehold of 1000 acres at the extreme western end of the island and have been bu*y planting this area with Pinus Radiata trees. This syndicate is known as Monterey Pines Ltd. Following are some of the business men referred to Sir James Gunson, Ex-Mayor of Auckland. Mr. Alan Brown, Bamford & Brown, Solicitors. Mr. S. Leyland, Leyland O’Brien, Timber Merchants. Mr. Henry Goldie, D. Goldis & Sons, Timber Merchants. Mr. J. M. Carpenter, Merchant, Newmarket.

The Vendors Guarantee to Replace Any Trees That Fail to Strike For Three Years.

Each £2O Share Should Return from £4OO to £IOOO.

What Mr. G. A. Gamman says of Matakana. “My opinion of Matakana Island as an afforestation proposition is that in all probability it will be unequalled from any point of view examined from fire, rainfall, suitable land, climate, haulage, handling and milling. It has the best conditions possible. It needs no boosting as it has sound actual facts in its favour that will stand the strictest inspection. The proposition can stand on its merits. I am pleased to be able to put my name to this report with a feeling that what has been stated will be hard to disprove. I may add that I have had a fair amount of experience in handling and loading timber in the Tauranga Harbour.” May 7th, 1925. Extract from Report on Matakana Island as a Timber Growing and Saw Milling Proposition, compiled by Mr. G. A. Gamman , - Managing Director of G. A. Gamman & Co. Ltd., Ohakune and Mamaku.

The Remarkable Pine. The most remarkable feature about Pinus Radiata is its incredibly rapid growth. As a rule a three-year-old tree measures about three feet in height. After that period the rate of growth increases at a rapid rate, sometimes as much as from 6 ft. to 8 ft. vertical growth being made annually over a number of years. Average specimens twenty-two years old which were measured showed an average annual vertical growth of 4 feet whilst an examination of the timber in open grown specimens shows a diameter increase of two inches sustained annually over ten to twelve years of the early period of the life of the tree.

Parents Owe It To Their Children To Lay The Foundation Of A Substantial Nest Egg.

Get the Facts I Call, phone or write for free illustrated Booklet to D. E. STACEY, or “Billy” CAMPBELL. Kaitaia Hotel, who are in the North representing the sole selling Agents: J. M. McVEAGH LTD. 3 SWANSON STREET, AUCKLAND.

A Word to Business Men! ABRAHAM LINCOLN said: " When you spend a dollar at home you have both the goods and the dollar. When you spend it away you have nothing but the goods." Although this was uttered over sixty years ago, it is as true to-day as it was then. Buy at home, and you have the goods and someone in your community has the money; buy away from home and the money is gone for ever. Get Your Printing at “THE NORTHLAND AGE" OFFICE, KAITAIA P.O. Box I >p hone 37 DISCOURAGE OUTSIDE CANVASSERS! THEY SPEND NOTHING WITH YOU! Every time you buy from Che flge Printing Works you are furnishing hours of labour for skilled local workers. The money paid for this labour is spent here at home—some of it eventually finds its way back to you.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NORAG19250813.2.16.3

Bibliographic details

Northland Age, Volume 25, Issue 16, 13 August 1925, Page 3

Word Count
758

Page 3 Advertisements Column 3 Northland Age, Volume 25, Issue 16, 13 August 1925, Page 3

Page 3 Advertisements Column 3 Northland Age, Volume 25, Issue 16, 13 August 1925, Page 3