RAPID RISE IN VALUES.

Dominion, Volume 6, Issue 1836, 23 August 1913, Page 7

RAPID RISE IN VALUES.

The value oi Freehold Land . In. the pumice-districts, round Lake Taupo and Waiotapu, has go no. up moro rapidly than any other in New Zealand on its oapital frame. The Dairy industry is fast going ahead in this territory, and a dairy faotojy has been established in the Botorua vicinity—the Government are running experimental paddocks, and each season are discovering fresh possibilities in.the pumice land for the growing of crops of all kinds—big settlers are taking up holdings here,' from Canterbury and elsewhere—Mr. E. E. Vaile, Messrs. ' Stead and Watt, and others are carrying thousands of sheep wh<eire nona were pre- ! vkmsly carried. Tho whole country ii waking up to a' state of progress and tprosprity, and profit awaits those who get m now. A splendid opportunity for securing an interest in these profitablo P'lini ico lauds is offered in tho Waiotapu Estates Devtflopment Company, Ltd., a limited mnmbw of shares in which Company are now on the market! 'The capital of the Company is .£20,000, made up of 20,000' .£1 shares, and the Waiotapu block is purchased by the Company at 255. per acre for the Freehold. It is the object of tho Company to subdivide the estate and re-soll, which it is estimated will Be readily accomplished at at least *83 per acre. Investors will be furnished with Ml particulars by A. T. Bate, Sharebroker, Nathan's Buildings (cornar of Grey and Fewtherston Streets), ■ Wellington, edtheir personally or by mail. ,Only one-tenth of the amount to be irir vested is paid up, so that ,£lO in cash Becnres yon 100 M shares in this enter,prise, 2s. per share being paid, and not !inaro than Is. per share per month oan i/be called up thereafter. The investment is ome whiidh, on account of the further 'rapid rise in Values whidh is bound to take place in this district on account of the further opening up of tho country and tho closer settlement which has aljready set in, is well worth investigation 'by small or large investors. For convenience renders should two the following enquiry form