"Woollen Mill (INTENDED TO BB INCORPORATED UNDER "THE COM PANIES ACT, 1908.") Points for A STABILISED INDUSTRY. The Woollen Industry has been established in the Dominion for over 50 years. The average dividends paid by the existing mills 'trading as public compani es far the past 11 yeara range from U jar om*. to 12 1-3 per c«n^ ROOM FOB, FURTHER SCOPE. The products" of the industry in 1922 amounted to £1,229,829; the import sof Hosiery and Woollens for the same year amounted to £1,450,017. EMPLOYMENT AND LABOUR FACILITIES. The industry gives employment to over 2400 hands. Woollen Mill employees are Mainly permanent Hands, with, in many cases an unbroken reeord of service. SUPPLY AND DEMAND. MiMSi&s^S'. Tke quantities of wool delivered to local mills from 1916 to 1922 amounted to 132,400 bales, of which over Toper cent, was distributed from South Island centres. The local mills compete for the best class of wools, and frequently their euyers 5 bide top the-market at the wool sales. According to the statements reported as recently made by Sir Arthur Gold finch, there is likely to be a strong demand for the world's requirements for some years to come. Milling is the indispensable process of converting the raw material into the, finished article. But whether wool be dear or cheap, the people's re quirements must be catered for, and it follows that strong demand for wool means activity i» the woollen manufacturing business. If the highest ex perts are correct in their forecasts, the prospects for .woollen milling are distinctly bright. WOOLGROWERS AS SHAREHOLDERS. The establishment of a Woollen Mills Company in which the producers are themselves interested will not only enhance the value of the concern, but will tend to consolidate and improve the position of woolgrowers. The opportunity thus afforded sheepfarmers to invest in the SOUTHLAND WOOLLEN "MILLS, LTD.. WILL UNDOUBTEDLY APPEAL TO THE FARMING, COMMUNITY OF SOUTHLAND AND OTAGO. FOR SHAKES may be made to any Branch Bank N.Z\ F. H. LABATT, Chief Broker, Inglie' Buldiags, Chriatchurcb. Local and District Ageats; G. E. CHRISTIE. T. L-. ADAMS, Box 113, Gore. Also ,W. A. OTT AND CO., LTD, Sharebrokers, Invercargill.
BEDEOCK PRICES II That is one important reason why S(tmiTTii|iii||i|iii!ii|[| you should get your, groceries here. ||j|l]| || |l|l|"'!i|i Other reasons Are equally important ''"'' l " l u '£fe' ; to the particular and thrifty house- Xrcj wife. ™ Tn buying we not ©niy see that prices are right but we carefully; scrutinise quality. - All our groceries ar« guaranteed fresh, and of supreme, quality. Difference of opinion regarding the place to buy groceries will not occur i£ you buy here. J. CRAWFOEB Palmerston Street, CAjSH GROCER, SIVEitTON.. BY APPOBNTIVIENT SINCE 1848 TO ROYALTY!! RECOGNSSED AS THE FINEST BLEND IN THE OLD [♦l»lil^i:* MOFFETT and COr, Sole Agents for Southland,
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Western Star, 19 August 1924, Page 4
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464Page 4 Advertisements Column 2 Western Star, 19 August 1924, Page 4
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