THE KAIAPOI WOOLLEN COMPANY.

Wanganui Herald, Volume XXXIX, Issue 11647, 26 August 1905, Page 5

THE KAIAPOI WOOLLEN COMPANY.

(Per United Press Association.)

CHRISTCHURCH, August 25... , At the annual meeting of the Kai»psi L Woollen. Company, Mr G. H. Blackwe%,^ chairman of directors, said that the com^ pany had been able to reduce very -Far^sly the cost of manufacture, and that, witb."an increase in selling price, had enabled, them to cope with the severe competitions- o.| the past year. They had tested 'ejectrie installations in. clothing factories"} but although no doubt there was" some' advantage attaching it had undoubtedly prove! more expensive than gas., *" r The resuligjof the directors' new policy had. been ta increase stock, but the^ increase -reglly amounted to only about-one month's bu#y

trade. '* -»-^r Mr CM. Gray, questioned the justification for the chairman?! optimism in face of the steady falling^ off of 2£,, per cent."in< the -rate of profits .during the last 1£ years. He thought the ne,w policy of piling -up stock was n<^ abound one. ; ' ' ' ' . -'.v The Chairman replied that the company had "kept stock rather than self at a loss, and now saw their way to dispose of it profitably.

The Secret of Succesp. — When a man starts in a business enterprise, his integrity is promptly tested. His reputation for honesty and reliability must' be established before he wins the confidence of his fellow men, which 'is essential to. any business. This is the secret of the auccess of Chamberlain's Cough .Remedy. It has a reputation of over thirty years standing of doing exactly what the manufacturers claim for it and every bottle is sold under a positive guarantee. V -For the cure^bf coughs, colds, croup and whooping- cough, it has no equal and mothers give it to -their little ones 1 with perfect 'safety, as it contains no injurious substance. For sale by Grove's Cash Store and F. L. Spurdle. Bear this in mind where'er you go, The funny part «£ life 4s,That though your pockets empty be Your, heart is light as light as can* be Provided that" from colds you're free, . '. *From coughing and. bronchitis. To make that blissful state endure Use WOODS' GREAT PEPPERMINT 1 CURE. .^