Page 6 Advertisements Column 6

Otago Daily Times, Issue 18542, 1 May 1922, Page 6

TO INVESTORS A GOOt) PROPOSITION. I Why be satisfied with investments re- | turning 5 to 7 per cent, when you ran get, shares on easy time payment spread over twelve months in The Petrous Tile ! Co., Ltd., Dunedin, which last year made j a nett profit of 13 per cent. j The Company now requires extra capital ] to open a manufacturing branch in Wei- j lington, where prices for this particular line (at present imported) are much better than in Dunedin. Had Wellington prices ] obtained in the South, the Company’s nett i profit, for last year would have been nearly I 50 per cent, instead of 13 per '-cnl on the j same turnover, and it is oniy reasonable | to assume that the business transacted ! would have been much larger if the com- j pany had been operating in Wellington | instead of Dunedin, as the demand for this ( class of goods in the northern town is at least three times that of Dunedin. A slightly abridged Prospectus was published in the “Otago Daily Times’’ on 27th April, and copies of the full 1 rospectus may lx? obtained from any member of the Dunedin, Christchurch, Wellingtqn or Invercargill Stock Exchanges, principal branches of the Bank of Australasia, or the Petrous Tile Co., Ltd.. Caversham, Dunedin Advt.