INVESTMENT IN OIL.

Dominion, Volume 5, Issue 1416, 17 April 1912, Page 7

INVESTMENT IN OIL.

THE SITUATION REVIEWED. Surely, Tarannki lias at last como into its kingdom. It has not oulv "struck oil, but it expects to develop a large, and prosperous industry—ono ■ of National importance! Ton or twelve years ago there was tho utmost uncertaiiity in respect to the geological conditions which existed in the oil-bearing territory <if Tnrannki. \u«-, reasonable definition lias been arrived at. Oil means money- -commercially speaking, '('lie Anglo-C'aliiornian Oilfields and tho Kiinna Oilfields—two Hritish Companies—have averaged, for example, dividend'! of 30 per tent, and 23 per cent, respectively during the lost seven wars. The T.iranaki N. 2. Oil Wells, with their already fine flow of oii, and their valuable possession of further oil-bearing country arc claimed 1o have beforo them a remarkable prospect. Wo daresay it is because that now T.iraanki Oil has behind it experienced men of business o! strong fiaancial standing; that tho advice and services of tho foremost experts in the world have been secured, and that management of the test ami most practical kind is promised, that public confidence has been gained. Shortly, when plant and equipment of modern character have been installed, mid when the refinery has been erected, a most generous ami profitable, output of Tarannki Oil is expected. As tbo Tkirannki Oil Wells are almost alongside lie Xoir Plymouth; Wharf, the good market which exists- will bo readily reached nt a minimum eost. .As nlreadr remarked, cnpilnl in th<\ Taranaki XiZ. Oil Wells Ltd., is said lobe eajrerly subseribed for in \e«- Zealand, and, as only a limited number of share* can lie reserved for tin? Dominion, investors desiring shnres would wisely not delay iipplipafcioii. Heijig n liii(is!i Conijiany, with MiWription also at the Loiidon'eiul, Ihe list, it is slated, will not bo kept open a. moment longer than ha* been pre-arranged. HEADY TO SERVK. Nnv hour in Iho <lay at "Duslin'a, Ltd." Quiet, quick, clean, and inodernte. The Florr is told in four words. "Dustin's, Ltd.'" Hesl Lunch Service. Tho Squoro, I'aliner.-ilon N'orlh, and the. Avenue, W«-nganui.--Advt. Vfni pnvn limi'. and Midi menus you s;iv.. money, wlinn you rlele R ,it« tint work nf j'.i. s ?iiiK y«nr entries in u<. Ami you get. :< fine wii-c. too. 'Ihe wnrl> i> .I'oun Kv o-vporir-. whoso oim mm is In guard vour nitw:'«t.« ;iad deliver th<> goods quickly, Tho X,2. Express Co« Ltd.-Advt