Page 21 Advertisements Column 4

New Zealand Herald, Volume LXV, Issue 20112, 24 November 1928, Page 21

15% to 20% Assured Profit The Fur and Wool Rabbit industry has shown abundant proof of developing into one of the most profitable of the Dominion's industries, and investors are now, offered,.; a remarkable opportunity to invest in a soundly organised company, which has been formed under a particularly strong directorate, for the purpose of farming CHINCHILLA, ANGORA, and other imported breeds. The WAIOURU FUR TRADING COMPANY, LIMITED NOMINAL CAPITAL £40,000 Shares of £ 1 each are now offered at par. PROVISIONAL, DIRECTORS: William Chisholm Whitney, Manager, Colonial Ammunition Coy., Auckland. V Frederick John Lysnar, Farmer, Auckland. Ernest Charles Hurrey, Farmer, Auckland. Gilbert Sanford, Managing Director, Sanford#, Ltd., Auckland. Samuel Michael Boland, Retired Sheep Farmer, Auckland. Robert Sheriff Black, Managing Director, R. S, Black, Ltd., Dunedin. Estimated Net Profit Market Price of Skins The estimated net profit represents 22} per cent, on the paid-up capital. The estimates or income'end expenditure have been computed at a conservative rate, based on actual experience, and at the lowest estimate there should be a return of from 15 per cent, to 20 per cent, on paid-up capital. Rabbit Skins One of the chief objects <)f the Company Is to deal In rabbit skins. In this respect the Company has the advantage of acquiring, without pay* ment Tor goodwill, the business carried on for some time by Messrs. Lysnar Bros. Last year this business made a turnover of about 50,000 skins. This could have been greatly Increased with further capital. Rabbit Carcases A leading- Auckland firm, namely, Sanrords, Limited, have offered to enter into a contract to purchase the output of carcasos. An Ice-making plant will bo provided for, 10 enable the Company to cope with the trade in all towns In the North Island. There Is always 8 Keen demand for rabbit skins, and undoubtedly the rabbit has provided the solution of the world's snortsge of fur-bearing animals. 100 million skins are used annually, and the demand is still unsatisfied. The u Star" of 10th August reports the Dunedin sales of July last as foilows; ~ * Super Skins —12/8 to 12/5 per lb. Other Skins—B/. to 12/1 per lb. Note: There ® or 6 skins to the lb. weight. A Valuable Industry There can be no doubt that the rabbit fur industry is rapidg gTOwing. Great quantities of rabbit skins arc shipped to the United Kingdom, whilst the-trade with the United States is rapidly developing. The following comparison between the years 1021 and 1025 will serve to show the great increase in export of rabbit •skins. Value or rabbit skins exports: united Kingdom; 1921 £247,081 1025 £401,131 United States: 1921 ""£188,295 1925 "•£420,018 During the year 1926 a still greater Increase was shown. In 1925 the following number of 6klns were ex* ported from the Dominion to— United Kingdom ... 9,900,233 United States ... f1,34ft,183 All these points go to prove conclusively that THERE IS MONEY IN RABBITS Writing for a Prospectus places you under no obligation whatever, so fill in the form below. ; \ Messrs Shale, Christie & Co 310, Colonial Life Building, Queen Street, AUCKLAND. ~ :i " * '' \ 1 - 1 Please post me Prospectus of The Waiouru Fur Trading Comly, Limited, without obligation on my part. •■aims • • •} ROPE