This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.
MONEY IN WHALES! Share Issue Selling Rapidly The capital required m New Zealand for the formation of the New Zealand and Ross Sea Whaling Company Ltd., is being rapidly subscribed. Seldom, if ever, has the \ ' investing public responded so quickly — or so generously, and it is clear that the opportunity to participate m this great profit- earning industry has a unique appeal. THE NEW ZEALAND AND ROSS SEA WHALING CO., LTD. ;' FIRST DIRECTORS. (Who will hold office until the conclusion of the First Annual General Meeting). Captain HUGH MONRO, Chairman of Directors,, of the Canterbury Steam Shipping Company, Ltd., Christchurch. F. E. JONES, Director W. H. Simms & Co. Ltd., Christchurch. H. VICKERMAN, of Vickerman & Lancaster, Wellington. Captain M. E. WIIG, Norwegian Consul, Bluff, Surveyor Norwegian Whalers' Mutual Insurance Co. .'.'.. F. TYSON, Manager Turnbull, Martin & Co 4 (Federal Steam Navigation Company -• Ltd.), Dunedin. J. RINGLAND, General Manager, Iron and Steel Company, New Zealand Ltd., Dun- '•■'■• - edin. J. G. NEIL, Chairman, of Directors, New Zealand Sugar of Milk and Casein Company .'.„■. of New Zealand, Ltd., Dunedin. ' ■ ' Secretary and Registered Office, R. CABLE, No. 4 STOCK EXCHANGE BUILDINGS, DUNEDIN. 1 Organising Promoters: SOUTHERN DEVELOPMENT COMPANY LTD. Project endorsed by "FIAT LUX" The New Zealand and Ross Sea Whaling Co. Ltd., has been described by "FIAT LUX" — New Zealand's leading financial critic — as "a soundly conceived and attractive speculation which merits the financial support of all who are desirous of pro- ■' • ' . fitably using their money where it will do most good m furthering the commercial interests of New Zealand." "... The Oslo Company's £50 shares are stated to be quoted on the Oslo Stock Exchange at £118, and still rising. Why shouldn't New Zealand investors have their share of these fortunes which are to be gathered from the Southern Seas? ' : Unlimited Demand for Wfe^le Oil Products The market for whale oil is practically unlimited. The finer grades are used m the manufacture of high-grade lubricating oils and edible fats (e.g., margarine) by the hydrogenation process. The lower grades are used for leather-dressing, the batching '. ■ of such as jute, but chiefly for the manufacture of soaps. It is obvious from the figures shown m the Prospectus that whaling m Ross Sea is a very lucrative business. The formation of the New Zealand and Ross Sea Whal- • ' / , ' ing Company offers the first opportunity to the New Zealand public of participating m this great profit-earning industry. It is seldom that the investing public is given an vdjippilunity. of acquiring sKafes potentialities. . . • ~ Success of Other Wlialing Companies So far it has remained for Norwegian enterprise to reap a rich harvest from our Southern Seas. Each year modern completely equipped whaling expeditions have come • . out all the way from Norway (14,000 miles), to engage m whaling m the Ross Sea. The wonderful success that has attended their effort's is known throughout the world —last year one of their ships (the "C. A. Larsen") carried back the world's record cargo of whale oil. . A Safe Base Assured Sole Use of Balleny Islands Granted \ """"^Twhaung If With the granting of the sole I ■ NEWtf-^^p^ 11 occupancy of the Balleny Islands, ) \ the last difficulty confronting the 1 1 sanctioned . *' ; new company has been removed. \l ~~wa>s- SeMICE - IC ne Balleny Islands will supply \\ DoMIWO p tt Jata h M«^ 0 r W rti»sll an ideal base from which to ) ;-* s S' l^!':. V operate, as they are situated m \ \ the very heart of the whale feSIrJIS^I territory, and "have tong been X&T*y&&%" - BMS iI coveted by the Norwegians for \j&o£g&m Investors Should Act At Once ! wtben* 1* n0 JRK^^ 1 . Owing to the strong demand for shares, intending investors should, Q^^^mSsP I^^^ ■ . : without delay, send this coupon to either ' secure the FREE PROS- . : ; PECTUS, or to RESERVE SHARES. • v . DISTRICT REPRESENTATIVES iiiiiigiiiiiiiiiiiiu^ Wellington: 1 COUPON FOR PROSPECTUS OR RESERVING SHARES % X.' Scott Gandy and Co., A.M.P. Building, 1 To the Provisional Directors, , | Wellington. 1 The New Zealand and Ross Sea Whaling Company Limited. | CANTERBURY: 1 - C.P.O. Box 580, DUNEDIN. | New Zealand and Ross Sea Whaling Comi | x>t -, ■*• wvt? T>T?ncn>T?nrn T TQ ' •■ pany Limited, 143 Hereford Street, Christ- | : \i*) Please send me ' at onee ' FREE PROSPECTUS. | church. , -. " 1 . (b) Please reserve me shares m the New Zea- | OTAGO : . . ; ■ | . land and Ross Sea Whaling Co., Ltd.', for which I enclose £. | New Zealand and Ross Sea Whaling Com- . | be^g a deposit of 2/6 per share on the number reserved. § pany Limited, Stock Exchange Building, 1 i( . . •■■■•• I Dunedin. 1 NAME ................ •.. • •• '| SOUTHLAND: | | F. C. Smith, Clyde Street, Invercargill. | j PAUVIERSTON NORTH: | " ' ; | R. W. Priest, Palmerston North. . 1 . c .. ............ g n^^^^^^^^^^^ HaHHH|Haßß|BHaa || (IN BLOCK LETTERS). , m
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTR19281129.2.13.1
Bibliographic details
NZ Truth, Issue 1200, 29 November 1928, Page 3
Word Count
768Page 3 Advertisements Column 1 NZ Truth, Issue 1200, 29 November 1928, Page 3
Using This Item
See our copyright guide for information on how you may use this title.
Page 3 Advertisements Column 1 NZ Truth, Issue 1200, 29 November 1928, Page 3
Using This Item
See our copyright guide for information on how you may use this title.