A PROMISING INVESTMENT.

Dominion, Volume 7, Issue 1873, 6 October 1913, Page 8

A PROMISING INVESTMENT.

« THE AMAZING POSSIBILITIES OP GREENSTONE, IT is jfclain bow that New ' Zealand Greenstone, Limited, is on to a big thing. • "A big thing?" said a. West Coast investor the other day; "I should think so! How it has happened that that huge serpentino fiold has been left alone through all these years is a mystery to me. Now this wideawake .company has it, we shall seo what will be done. I believe the thing is bigger than most of us have any idea of, and I vo put in iny bit." It seems to bo tho general feeling. People are getting away from the jewellers' pretty things and beginning to understand what greenstone means. .But when the possibilities of serpentine as a deoorative building-stone arc understood, there is still a lot more to be said. In America, for instance, there is huge demand for highly-polished decorative stone for soda-fountains and such usesThere is a great demand for such a stone as serpentine for use in contrast with marble for. interior decorations. And it is a cnrious thing that, though tho company will .make a handsome-profit bv selling polished serpentine at the rate its calculations have been based on, no sn "ch valuable decorative stone has ever Iwn nut on the market at' so low a price before Happily, although the company will v'rtually control the world's supply of serpentine, the quantity in sight is inexhaustible. Tho probable volume of ..demand may bo gauged by the demand for mil'ble a decorative stone unsmted for ovterior use. Sernentino will used with marble for the panelling of interiors- but tho demand-for serpentine for i outdoor work cannot by oalciilnted now. Meantime, New Zoilniders havo ljy«.n nroused to the possibilities of tho big thin" and even-body is asking everybody whv"nobmlv seemed to think seriously of these possibilities before..