Page 7 Advertisements Column 2

New Zealand Herald, Volume LXX, Issue 21414, 11 February 1933, Page 7

(Published by arrangement.) BIG FLAX-WEAVING INDUSTRY PREPARATIONS PROGRESSING New Zealand Woolpack and Textiles, Ltd., report satisfactory progress in connection with the first of their three flaxweaving factories to be erected in New Zealand. The necessary land has been acquired at Foxton and a large number of men are employed in preparing the ground for the foundations. A textile expert is coming from England to supervise the actual erection of the building and the installation of the machinery. "Other factories are later to be established in Auckland Province and in Southland. The company has acquired the Coghill process whereby flax can be successfully employed for woolpacks and general sacking goods on an economic basis. Convincing demonstrations have been given throughout the Dominion, and the company was formed only after a thorough investigation extending over a period of two years. The company, which is a public one, went to allotment in under a month with a nominal capital of £300,000. The company has a security of ample supplies and is not ,in any way . connected with any Flax Bond Company. The directorate is comprised of the following well known public men Sir Alexander Roberts, K.8.E., director of Murray Roberts, Ltd., D. R- Ogilvy, president of the N.Z. FlaxmiUers' Association, Colonel J. J. Esson, C.M.G., Y-D-, secretary to the Treasury and financial adviser "to the N.Z,-Government, R- / 1 - McAlister Wylie, M.8., Ch.B., E. Anderson, trustee of the Auckland g. Bank, A. W. -Press, managing director of Thompson Bros., Ltd., Thomas Jsewburgh, public accountant, member ofJhe Christchurch Stock Exchange, T. H- Wajson, president of the Southland Flaxraiillers Association, H. H Sterling, LL.B general, manager N,Z. railways. Sample* of'the backing HObds.toptherwiththe the British textile cjpert * report, enn be obtained from shorts SC Auckland, or tie company .Wellington office.-