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RUBBER COMPANIES PAY ENORMOUS DIVIDENDS. THE PROSPECTS FOR PAPUAN PRODUCTS. Rubber Companies fyave been known to pay as much as 300 per cent, and 400 per cent, dividends—in fact it wlm not at all uncommon just prior to the war. At that time rubber was fetching 3s per lb, and upwards. During the war, however, the rubber market went to pieces and has not yet recovered. There is very little question that to-day rubber has reached the bottom market price, and from now on is bound to climb steadily in value. The increasing use of rubber in countless forms—chief among which is tyres, of course—without a corresponding increase in production of the raw material can have but one effect.

This is why the Papuan Products Company, Ltd., can afford to pay as high as 10 per cent, for first mortgage debentures. Trading concerns that can look forward to only ordinary trading profits would find it difficult to lace such a high rate of interest for fully secured debentures. It is interesting to study the steady growth and development of The Papuan Products plantation (which,' by the way, is situated in British territory) and a most detailed examination will furnish convincing proof of very rosy prospects tor the future.

Jhe issue of £12,000 is registered as a first mortgage over the, whole of the Company's property and assets, valued at between £55,000 and £60,000. The security is therefore approximately £5 tor every £1 invested. Iho Board of Direotors consists of well-known Clirifitohurch. business men, among them Messrs G. T. Booth (chairman), Walter Hill, W. S. Godfrey, W. T. Robinson, A. M. Wright, and B. M. Moorhouse, M.B. Over -£BOOO has already been subscribed, and as it is expected that the balance will be availablo for only a few lys, early application is essential. Application forms at the office of The Papuan Products Company, Ltd., Royal Exchnnge Buildings, Christchurch, or from any member of The Dunedin Stock Exchange.—Advt.

That a person can livo and thrive without a stomach is tho theory of a French medical expert. "Life is a riddle."—Bolton. Although some of life's problems seem almost insurmountable, coughs and colds will cause you no concern when you have Baxter's Lung Preserver. This unrivalled remedy haa stood the test of public opinion for over half a century. "Baxter's" has a happy Unack of rooting out deep-seated coughs and colds, 'Tis also an invaluable tonic Purifies your blood and tones up your whole tystejm. A bottle on your shelf means heaHh in your home. 2s 6d large bottle. 4 All grocers and ohemista. —Advt,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19210811.2.42.3

Bibliographic details

Otago Daily Times, Issue 18321, 11 August 1921, Page 5

Word Count
431

Page 5 Advertisements Column 3 Otago Daily Times, Issue 18321, 11 August 1921, Page 5

Page 5 Advertisements Column 3 Otago Daily Times, Issue 18321, 11 August 1921, Page 5