Page 8 Advertisements Column 1

Dominion, Volume 6, Issue 1833, 21 August 1913, Page 8

A GREAT ERA OF PROSPERITY FOR THE PUMICE DISTRICTS OF NEW ZEALAND. Many things havp transpired during the past few years which mean the opening- of a great, era of prosperity for the New Zealand pumice lands. The opening up of roads 011 every hand, the projected construction of railways, the proof positive of fclio magnificent productiveness of this class of land after brief cultivation wlrich has been supplied by farmers who have settled 011 nowly-opened blocks in the Taupo districts, and the ever-increas-ing demand for holdings easily workable by the small settler, all mean a great and profitable time for the pumico district?. Now is the time to secure an interest in these Hands, and a splendid opportunity is presented to small or larger investors in tho Waiotapu Estates Development Company, Ltd. stharcs, of whlioh a limited number are on the market. (Readers should refer to tho large announcement on page 5 of yesterday's Dominion 1 .) This Company has purchased a fine block of 13,150 acres of land on the Waikr.to River, near Lake Taupo, at 255. per . acre freehold, and intend cultivating a portion of the land, sub-dividing, and re-selling when it is estimated the price of per acre Should easily bo secured from Canterbury .settlers and others who nro waking up to the value of pumice country and are eager to purchase small farms in tliese districts. Even at this conservative estimato of ,£3 per acre a profit of 100 ,per cent, is shown to investors. Tho capital of the Company is J!20,000, whicli allows for the purchase of the 14-nd at 255. per acTe, for cultivation of a portion and the expenses of tho re-sale, surveys, sub-division, etc. Only 10 per cent, of the investment money is paid up with not more than 5 per cent, per month at call. That is to say, ,£lO invested in these shares paid up to 2s. per share secures investors 100 £1 shares in the. undertaking, with, at Ihe very outside, <ls. per share in calls payable monthly.- Full printed particulars may be had personally or by mail from A. T. Bate, Sharebroker, Nathan's Buildings, corner of Grey and Featherston Streets, Wellington. Published by tlio Waiotapu