Page 12 Advertisements Column 1

Dominion, Volume 9, Issue 2630, 27 November 1915, Page 12

Dated at Auckland this 9th day of Nwemter, I9t&. ' - ja fS "KB f ff% fjgj W* fTfa [This Prospectus has been doiv; filed with the JUL J& m. Jt, M <taf X* m , fiefiistrar of Companies at Auckland, ; ; PROSPECTUS ■ ' OP ' The New Zealand Farmers' Fertilizer Co, "LIMITED > , ' - (To be) Incorporated nnder u fhe Companies Act, 1908.") 1 : • PlomSpal Capital t •» 5. - • - £600.000. ■ BMW into 100,100 Shares of £5 eaufo.

; . For various rights, options and concessions, four thousand fully paid-up shares ■will be . allotted to the Vendors by the Company. 36,000 shares are to be held in reserve for future issue,'if and "when the Directors think desirable, 80*000 ..-'Shares' are now ©fferaci for sybso^lptlon :' ■ , 1 • payable,aa follows:— ; . ' ..10/- on application; 5/- on allotment; and the balance in calls not exceeding 5/- per share, at intervals of not less than two months; It is not expected that more than £2/10/- per-share will be called up. If. the Company does not proceed to allotment, all application moneys will be repaid in . full. The Directors reserve the right to refuse any application. PROVISIONAL DIRECTORS: ALEXANDER ALEXANDER ROSS, Farmer, Te Kauwhata (President N.Z.F.U,, Auck- j land. Province), JAMES BODDIE, Farmer, Te Kui.ti (Vice-President N.Z.F.U., Auckland Province). . | EDMUND SOMERVILLE, Farmer, Okoroire. GEORGE THOMAS BAYLY, Farmer, Dargaville and Auckland. ROBERT DICE, Artificial Manure Expert, Cambridge. SAMUEL IRWIN CROOKES, Consulting Engineer, Auckland. _ THOMAS WILLIAM DEAKES, Business Manager, Auckland. , AUDITOR: P, J/PAINB, P.N.Z.A.A.P.A. (N.Z.), Auckland. BANKERS: BANK OF, NEW- ZEALAND. , ' SOLICITORS: BROOKEIELD & SCHNAUER, Auckland. ' CONSULTING ENGINEER: S.IRWIN OROOKES, M.I.EiE., M. Amer. 1.E.E., Palmerston Buildings, Auckland. \ SECRETARY: WM. B. EIRKWOOD, A.P.A. (N.Z.), Brunswick Buildings, Queen Street, Auckland.

The above are interesting figures in view of the fact, that the conditions for manufacturing artificial manures are more favourable in the Dominion, because it is nearer certain deposits of raw material. Land occupied under all forms of agricultural tenure ... 40,000,000 acres' Producing annu- - ally ......... £40,000,000 verage production, £1 per acre. This . can and will be improved enormously in the < future, by the use of artificial manures, as shown by experience and results in other countries. , (The above figures are from Government sources.) AN INTERESTING COMPARISON. PRICES RULING OCTOBER 19th, 1915. Superphosphate— £ s. d. New Zealand ......... 5 5 0 per ton , Australia 317 6 „ Mixed ManuresNew Zealand 6 0 0 ~ to 8 0 0 „ Australia 40 0 „ to 6 0 0 ~ The above brief particulars will bring home to every Intelligent farmer the certainty of the market for superphosphate and other artificial manures. ' RAW MATERIALS Satisfactory offers have been received for any quantity'of raw materials,. for the manufacture of manures and acids, at a price which will enable the Company to meet all competition overseas and otherwise, and yet show such 'a margin of profit as will give a good return to shareholders. ' Not only so, it allows the farmer, without increased cost, largely to increase the amount of manure consumed. BENEFITS OF SHAREHOLDERS. The Company offers to Shareholders the following benefits:— ' > (a) Reduction In cost of manures. (b) Giving of expert agricultural advice Co) Payment of satisfactory dividend out of profits. ' (d) Division of balance of profits as a rebate on purchases of manures made by Shareholder. WORKS SITE. A definite option of an ideal site on the Main Trunk Line has been secured with every facility for a Works of this description. The site possesses special natural advantages whiqh lend themselves to the cheapest method of handling and storing raw materials, all material required for manufacturing purposes being freighted at the minimum charge from . wharf into the Company's Works. ACID TRADE. It is generally agreed that the industrial success of any country may be gauged by the ■ amount of sulphuric acid used therein. In the Dominion it affects the Manure, Mining, freezing, Dahying, Canning, Gas, Iron, Sugar, Preserving, Chemical, and Boot Indus- ■ tries. At .the. present time there eiists' a large demand for all grades of commercial : acids. The plant will permit the Company to manufacture every , grade of acid necessary in any industry. No difficulty will be experi- , euced when. the Works are erected in securing a large and lucrative trade in this branch. NATIONAL BENEFIT. The small amount of land under agriculturarcultivation in New Zealand shows that, the Company has plenty of scope. Thfe - welfare of the Dominion depends upon production from the soil. In the past, nine-tenths of New Zealand's wealth has been derived from that source. The opportunity of purchasing artificial manures at a reduced cost, together with expert agricultural advice, will mean in the near future a large increase in production from the soil, that will eventually become a National Benefit. Artificial manures to the soil, if scientifically applied, is what food is to the human body. No better investment exists for any farmer than money wisely Invested in artificial manures. It means increased wealth. BUSINESS MANAGEMENT AND SALES ORGANISATION. The future success of the Company depends largely upon a thorough sales organisation, by which all their manufactured products can be placed successfully throughout the Dominion. Mr. Thomas William Deakes, who will act as Managing Director, is well known to the leading mercliants and business men throughout the Dominion as a sales' manager and organiser, and there is every reason to believe that his proved business ability will give us as successful results as in his previous position, where he increased the , .value of the business sevenfold in a few years< COST 0F PLANT AND BUILDINGS. The , capital cost of plant, machinery, buildings, site, equipment of chemical laboratory and offices, preliminary expenses, with a reasonable working 'capital, is estimated , to total £140,000. With the latest plant (mainly automatic) the cost of superphosphate . '■ and other manures will be reduced very materially. 1 ESTIMATED EXPENDITURE AND RECEIPTS. EXPENDITURE.—This has been taken out with the utmost care. The annual expenditure when the Company is in full operation is calculated to be £180,000, which covers payment of all office and works staff, depre-

ciation, cost of raw materials for the manufacture of 60,000 tons of artificial manures and 2,000 tons of acid per annum, cost of bags, acid jars, and cases, coal, water, and sundriesRECEIPTS.—The annual receipts, after t allowing for considerable reduction in the price of manures, are estimated at £250,090, , pointing to a substantial profit. EXTRACTS-FROM' RESOLUTIONS PASSED BY THE AUCKLAND EXECUTIVE OF THE NEW ZEALAND FARMERS' UNION, OCTOBER 23, 1915. 1 . "That the Provincial Executive of the New Zealand Farmers' Union, after exhaustively going Into the details of the proposed Manure Company, considers that the provisions are satisfactory, and that the farmers should support the Company and subscribe the entire capital, so as to secure the Company being owned ana controlled by the farmers of the Dominion, and that to this end the Provincial Secretary bd authorised to devote his time and services in helping In the flotation .of the Company." REPORT OF ROBERT DICK, 35 YEARS INTIMATELY CONNECTED WITH THE MANUFACTURE OF ARTIFICIAL MANURES. . ' PROPOSED CHEMICAL WORKS. I have examined the proposed site, for the Works, and consider it in every way suitable for the purpose. Close to an officered railway station, with levels that suggest cheap delivery of materials, and with sound foundations for buildings and plants it leaves little to be desired. I have also considered the plans of the proposed plant, and find them very well organised, highly economical in labour, and' sure to lie efficient In working. The raw materials under offer are of the very highest grade, and unlimited in quantity. In all the above directions tho Company should, under careful management, be a pronounced success and a benefit to the Dominion. (Signed) ROBERT DICK. October 26th, 1915. \ REPORT OF S. IRWIN CROOKES, M.1.E.E., / M. Amer. I.E.E, The establishment of a successful, up-to-date, economical Fertilizer and Acid Works necessitates the fulfilment of three conditions, namely:— A good site. . ' A plant capable of making first-class produot3 with the least labour. Amplo supply of raw materials at reasonabla cost. From my intimate knowledge of this, proposition) I can assure the Shareholders that each of these necessary conditions will be fulfilled as.shown below. WORKS SITE. —This must be on or near a large port, and be served by a railway. The site selected satisfies both these conditions, being'near Auckland on the Main Trunk Lino, and it possesses tho further important natural advantage of giving the cheapest , possible reception of raw materials, and distribution \ of the manufactured products. PLANT. —Tho plant recommended is the accumulated result of the largest and s best manure and acid - works In the world. It has also been commercially tested out in ail its details. The plant will give cheap and efficient grinding, • cheap. mixing, oxcavating, and storing, will require only the minimum amount of labour, power, repairs, • and upkeep, yet give good conditions for workers, as well as tirst-class uniform products. The estimated cost of the works is slightly below £110,000. ( This - includes all buildings, grinding plant, power'plant (engines,, dynamos, and motors), mixing plant, and various automatic devices. • RAW MATERIALS.—PIentifuI supplies of raw materials, for. a period of years, at cheap rates, are assured. This fact, coupled with an ideal site and the best plant, ensures first-class products at tha lowest possible' price. (Signed) S. IRWIN CROOKES. "October 28th, 1915. ' REPORT OF THOMAS W. DEAKES. After carefully studying farming conditions in the Dominion, analysing production together with prices realised both here and abroad, the enormous amount of land to be worked in the future under a more intensive form of cultivation, I have formed the opinion that no industry could possibly, copimence operations under such favourable conditions as The . New, Zealand Farmers' Fertilizer Co., Ltd. "The Dominion relying on promotion from the soil. "The enormous area of land to be brought into cultivation, which means Increased demand for fertilizers." "The Immense amount of. manure Imported which'can be manufactured by the Company, .and sold at reasonable prioes, thus retaining' capital In the Dominion." "Consumers becoming manufacturers" are four factors which spell success at the outset, Careful thought has been given by me to the present conditions and future prospects, and I believe that the possibilities of the Company are enormous, and undoubtedly it will be instrumental in largely increasing the production from tho land. (Signed) THOMAS W. DEAKES. October 28tli, 1915. ' GENERAL. Over 700 farmers In the Auckland Province have already signified their intention to take shares in the Company. ■ This Prospectus should appeal to the farmers of the Dominion, and from thefr point, of view is a thoroughly sound proposition, New Zealand dependuig upon wealth obtained from the soil. It Is the Intention of the Company to establish depots throughout tho Dominion for the purpose of distribution. Every Fertilizer Company in tho civilised world, carried on under capable management, has shown large profit®. FULL PROSPECTUS OBTAINABLE AT THE OFFICE; 41. M. d 3. BRUNSWICK BUILDINCS. QUEEN

OBJECTS OF THE COMPANY. . : ' Tte objects and powers of the Company are' set out in the Memorandum of Association, a. copy of which is printed at the end ; hereof, and forms part of this Prospectus. The' Company is being formed (inter , ; alia): —' 1. To Manufacture Artificial Ma- ''' nures, and to supply same to fanners and others "at a reasonable price. 2. To assist farmers in the proper and;.scientific-use of manutes. .3.'To manufacture Acids for ComV. ! mercial Purposes. SHORTAGE OF MANURES. The fallacy of .depending upon oversea countries for the bulk of Artificial Manures,: so essential to production in the farming industry, which, produces nine-tenths .of the wealth of this country, is demonstrated by the largely increased cost of . manures. Two years ago superphosphate" was being sold to" 1 the farmers of New Zealand at £3/8/6 per ton. To-day the advertised price is £5/5/- per ton, and difficulty is experienced in obtaining supplies. A large number of districts lost the ; value of July, August, and September manur- .• •ing through fertilizers not' being available. .Basic slag i s almost, .unprocurable. ; ' FUTURE OPPORTUNITIES. The enormous scope for a scientific system ;■ is demonstrated in an article which appeared in the "New Zealand Herald," under date of April 16th, 1915:— ■ 1 . •; "The _ statistics furnished by responsible Government officials show : that out of forty millions of i acres occupied unaer all forms of tenure in this country, only ■ 1,729,504. are under what may be termed agricultural use, whilst 23,972,236 acres are either totally .unimproved or covered merely with native grass/ and tussock. -The balance of the land in use, some fourteen million acres, is in English grasses, over nine million of which have been surface-sown, and five mil- : , lion acres put in witli the' V plough. "These figures go to show that tlie bulk of the lands classed and held as farming country are used under the most primitive forms of production.' When the , farmers of New Zealand axe able to raise over £40,000,000 worth of produce yearly, and to sell" in overseas markets more than half this immense total, it will be seen what colossal opportunities for increased wealth there are in more modern and intensive forniß of farming." SCIENTIFIC AGRICULTURE. The Company by installing an Agricultural Department and Chemical Laboratory will place within the reach of all consuming Shareholder Farmers a scientific method of increasing their production. The Agricultural De- . partment will be under the control of a firstclass Agricultural Chemist, together with, a . staff of Expert Field Men. An expert can be placed at the disposal of consuming Shareholder Farmers'to visit their district for the . purpose of examining and testing the soil, giving expert advice on the scientific produc-

tion'of any crop the farmer may desire to raise,'-and where necessary, forwarding to the Laboratory samples of soil to be analysed* after which further information will be supplied, • In the TJ.S.A. thousands of acres considered barren'a few years ago, are to-day producing extensively, having been turned into fertile country by a system of scientific and practical manuring similar to that which the Company proposes. INCREASED USE OF ARTIFICIAL MANURES. Japan, with a total area of land only 40 per cent, greater than the Dominion, consumes annually manure valued at £22,000,000. Australia's consumption of artificial manures has increased 200 per cent, in the past 10 years. ~ DIRECTOR GENERAL OF AGRICULTURE, Holland, says:— "The immense'increase is due to the v use of fertilizers." ' ' DIRECTOR , 'OE EXPERIMENTAL - STATION, at Halle- - 4 ' "Attributes the tremendous increase to four factors, fertilizers taking. j first place." • ( MR. HALL, Rothamsted Station, Eiig- ! . land:— "The inoreased production of crops is caused by the use of artificial manures." MR. B. C. ASTON, F.LC., F.C.S., New Zealand Government Agricultural Chemist:— "Nevertheless the most populous area of this island Dominion is so largely dependent on a cheap supply of phosphate for the successful settlement of' its lands, that any curtailment of that supply is bound to affect the prosperity of the Northern Province." t • Russia, Denmark, Holland, U.S.A., and Argentine, in fact, every agricultural country in the civilised world shows a large increase in production from the use of artificial manures annually. MARKETS AND IMPORTS. \ The estimated amount of artificial manures consumed annually in the Dominion during 1914-15 amounted to £760,000, of which £480,110 worth "was imported from overseas; For a period of 5 yeajs New Zealand imported superphosphate as under:— 1910-11 25,228 tons 1911-12 27,443 „ 1912-13 32,567 1913-14 32,964 1914-15 55,719 „ Total . 173,921 (The above figures supplied by Government Statistician.) Australia, with an areia under cultivation eight times larger than that of New' Zealand, imported during the same 5-yea-rly period, 139,854 tons of superphosphate—that is, with eight times the area under cultivation the imports are much less. This will readily be understood when it is remembered that there are 87 Fertilizer Companies in Australia. MANURE IMPORTS INTO NEW ZEALAND 1914-15. ■ £480,110 1913-14 '£413,400 Average for a period of 5 years previous | to 1913, £324,000 annually.

41, 42, 43, BKUNSWIUK. BUJLUINU3, yULtH SIKCGI, auuivi-MUU. ? Tlse New geatamd Farmers* Fertilizer Co., Limited. (To be incorporated under "The Companies Act, 1908. 1J ) " APPLICATION FQR SHARES. ■ TO THE PROVISIONAL DIRECTORS OF ' ■ THE NEW ZEALAND FARMERS' FERTILIZER CO., LIMITED, 41, 42, 43, BRUNSWICK BUILDINGS, QUEEN STREET, AUCKLAND. .. Gentlemen,— _ ... Enclosed. please find the sum of t. , being a deposit of 10/- per Share on application for Shareii in the abdvo-namedl Company. I hereby request you •• to allot me that number of Shares upon the terms of the Prospectus of the Company, dated 9th November, 1915, and of the Memorandum and Articles of Association of the Company; and I hereby agree to accept such Shares or any smaller number you may allot me, and I further agree to pay the balance as provided by the 6aid Prospectus, and I request you to place niy name upon tie Register of Members in respect or the Shares which may bo allotted to me. Ordinary Signature - PLEASE WRITE Name (in full) '—•»— (Please state if Mr., Mrs., or Miss) DISTINCTLY. Address Description Bated 1915.