||; Dated at Auckland this 9th day of 1915. m •%%, "epb t n . . !lf , 'i| p ; .-;'■ J&, Js3 M. JL JJ d? IH D [This Prospectus haß been dnly filed with the sgg I , ■ __ _ Registrar. p| Gorapnnles at Auckland. f§ PROSPECTUS I ' OF ~ ■ -, I 1 The. New Zealand farmers' Fertilizer Co. I - LIMITED. • ~ . . 1 I / (To be Incorporated under "The Companies Act, 1908.") II I - v..NoniinAl ■■■■ ■ » □ JBS@O s ®©@h 01vid@d Isito 100,000 Shades of £5 each. ■ ' i
I iFor 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 I — future issue, if and when the Directors think desirable. 60,000 Shares are wow offered for subscription payable as follows• j 10/- on application; 5/-on allotment; I and the balance in calls not expeeding 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. j If the Company does not proceed to allotment, all application moneys will be repaid in : /full.. The Directors reserve fhe right to refuse any application. / PROVISIONAL DIRECTORS: I ■ 'ALEXANDER ALEXANDER ROSS, Farmer, Te Kauwhata (President N.Z.F.U., Auck--1 . land .Province). . • ,v JAMES BODDIE, Farmer, Te Kuiti (Yice.President N.Z.F.TJ., Auckland Province)* EDMUND SOMERVILLE, Farmer, Okoroire. ) GEORGE THOMAS BAYLY, Farmer, Dargaville and Auckland. | ROBERT DICK, Artificial Manure Expert, Cambridge. ' * ' . SAMUEL IRWIN CROOKES,; Consulting Engineer,' Auckland, \ THOMAS WILLIAM DEAEES, Business Manager, Auckland. AUDITOR: P. J. PAYNE, F.N.Z.A.A., A.P.A. (N.Z.), Auckland, , ! 1 BANKERS: | ; ' ! BANE OF NEW ZEALAND. SOLICITORS: j BIIOOEFIELD & SCHNAUER, Auckland. ' CONSULTING ENGINEER: S. IRWIN CROOEES, M.1.E.E., M. Amer. 1.E.E., Palmerston Buildings, Auckland SECRETARY: WM. B. EIREWOOD, A.P.A.. (N.Z.), Brunswick Buildings, Queen Street,. Auckland.
EXTRACTS FROM RESOLUTIONS PASSED BY THE AUCKLAND EXECUTIVE OF THE NEW ZEALAND FARMERS' UNION, OCTOBER 28. 1915,. ' "That the Provincial Executive of the New lealand 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 ofethe Domin on, and that to this end the Provincial Secretary be authorised to devote his time and services in heipinf; in the flotation of the Company," REP ROBERT "IOK, 35 YEARS INTIMATELY CONNECTED WITH THE MAUUFACTURE OF ARTIFICIAL MANURES. PROPOSED CHEMICAL WORKS. I have examined the proposed site for the Works, and consider it in every way suitable for the purpese. 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 be efficient in working. The raw materials under offer are of the very highest grade, and unlimited in quantity. In all the above directions the 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.I.EiE., 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 products with the least labour. Ample supply of raw materials at reasonable cost. From my. intimate knowledge of this proposition, I caii assure the Shareholders that each of these necessary conditions will he fulfilled as shown below. WORKS SITE. —This must bo on or near a large port, and be served by a railway. .The site selected satisfies both these conditious ; being l near Auckland on the Main Trunk Line, and it possesses the further important natural advantage of giving the cheapest possible reception of raw materials, and distribution of the manufactured products. PLANT, —The plant recommended is the accumulated result of the largest and best manure and acid works in the world. It lias also been commercially tested out in all its details. The plant will give cheap and efficient grinding, cheap mixing, excavating, and storing, will require only the minimum amount of labour, power,. repairs, and upkeep, yet give good conditions for workers, as well as first-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 th& best plant, ensures first-class 'products at the 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 commence operations under such favourable conditions as The New Zealand Farmers' Fertilizer Co., Ltd. "The Dominion relying on production Irom ' . 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 prices, i:hus ■ 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 the land. (Signed) THOMAS W. DEAKES. October 28th, 1915.• CENERAL. Over 700 farmers in the Auckland Province liava already signified their intention to take shares in the Company. This Prospectus should appeal to tho farmers of ' the Dominion, and from their point of view :.s a thoroughly sound proposition, New Zealand depending upon wealth obtained from the soil. It is the intention of tho Company to establish depots throughout the Dominion for the purpose of distribution. Every Fertilizer Company in the civilised world, carried on under capable management, has shown large profits. . The present demand .for artificial manjres places the Company in a position to dispose of two-thirds of their manufactured products at the outset, without allowing for increased demands caused by reduced prices, and by more land being opened up. The proposed plant, embracing all tho latest automatic devices and patents, reduces manufacturing
Land occupied under all forms of agricultural tenure ... 40,000,000 acres Producing annually ......... . £40,000,000 Average 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 o per ton Australia 317 6 „ Mixed ManuresNew Zealand 6 0 0 „ to 8 0 0 „ Australia 4 0 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 oflers 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 competi- ' tion 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 fanner, 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 (c) 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 which 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, I' reezing, Dairying, Canning, Gas, Iron, Sugar, Preserving, Chemical, and Boot Industries. At the present time there' exists 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 experienced when the Works are erected in securing a large and lucrative trade in this branch. NATIONAL BENEFIT. The small amount of land under agricultural cultivation in New Zealand shows that ■ the Company has plenty of scope. The 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 merchants 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 OF 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. 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, depreciation, 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 eases, coal, water, and sundriesRECEIPTS.—The annual receipts', after allowing for considerable reduction in .the price of manures, are estimated at £250,000, pointing to a substantial profit.
OBJECTS OF THE COMPANY after which further information will be sup- * plied. %■; The objects and powers of the Company lr \ f lO IJ - S>A ; toousands of acres conare set out in tie Memorandum of Associa- sic ered arren a few ago, are to-day -:i ' tion, a copy of which is printed at the end • P r ,° ex en , sive ! y ' having been turned hereof, and forms part of this Prospectus. ■ / mt ? fertl /. e ° ountr y a. system of scientific -■ a,;,)®.' Cm r 3 " **■*«}•<«* p :lk IMOREAWDUHiJF* ARTIFICIAL' farmers and others at a reason- T . able price. ' '> Japan, with a total area of land only 40 2. To assist farmers in the proper P er cent, greater than the Dominion, con- ' '• and scientific use of manures, . sumes' annually mamire valued at £22,000,000. •3. To manufacture Acids for Com- Australia's consumption of artificial manures . ' -mercial Purposes. • •• \ ' has increased 200 per cent, in the past 10 years; ; BH|RTACE OF MANUREB. DIRECTOR. GENERAL OF AGRICUL- ■ ' The l&ilacy of depending upon oversea . TTJRE, Holland, says:— ' countries for the bulk";of Artificial Manures, , "The immense increase is due to the so essential to production in the farming in- ■ use of fertilizers." dustry, which produces nine-tenths of the DTRECTOT? OH 1 "RYPT?PTMTi , 'Nr r r AT • wealth of this country, ;is demonstrated by STATION" the largely increased cost of manures. Two . ' ' years ago'superphosphate was being : sold to -Attributes the tremendous increase the farmers of New Zealand at £3/8/6 per ton. to four factors, fertilizers taking. ■ To-day the advertised price is £5/5/» per ton, first place. and difficulty is experienced in obtaining 6up- MR. HALL, Rothamsted Station, Engplies. A,large number of districts lost the"- land:— ' value of July, August, and September manur- '-'The increased production of crops ing _ through fertilizers not being Available. is caused by the use of artificial iiasio-slag i s almost unprocurable. manures. 1 ' EUTURE OPPfIRTIIMITIFQ n F.1.C., F.C.S., New FUTURE OPPORTUNITIES. Zealand Government Agricultural Chemist:— _ The enormous scope for a scientific system. . the most populous is demonstrated man article which appeared „ ■ n • . , j i . '. u . in the "New Zealand Herald," under rate of ' TLllt lii. mm T 18 Anril Ififli 101 n • • v so largely dependent on a cheap tennre in this country, only E » Northern Pro- ■ bf 9 t™r a Sto/ S J „■ Holknd, TT.S.A, whilst 23 972 236 acres are either Argentine, in fact, every agricultural coun4. j. n ' • ' 3 j try m the civilised world shows a larsre in- ' ■ S srs,v. rr in ***> fK » VnVofys. : EX. Manle d the' annually. : over nine million of which have -* 16 e stimated amount of artificial maTbeen surface-sown, and five mil- nutes consumed annually in the Dominion lion acres put in witH the during 1914-15 amounted to £750,000, of ■ plough. which ±40U,110 worth was imported from ' figures go to show that the • oyer^ as " . n „ bulk of the lands classed and , , or a P eri °d of s'years' New Zealand imheld as farming country are ported superphosphate as under:— used under the most primitive ioii io * 25,228 tons forms of production. When the ioio io >■•••••••—•. 27,443 „ fanners of New Zealand are able iqiq '< 32,567 „ to raise over £40,000,000 worth « 32,964 „ of produce yearly, and to sell in »J.4-io. 55,719 „ overseas markets more than half • m this immense total, it will he . 173,921 seen what colossal opportunities ('"® Above figures supplied by Government for increased wealth there are in Statistician.) . : more modern and intenßive forms _ 'Australia, with an area under cultivation of farming. - , eight times larger than that of New Zealand, SCIENTIFIC AGRICULTURE. 3°854 i?with - The Company by installing an Agrlcultur- ei times area under cultivation the imal Department and Chemical Laboratory will P orts i ? l ' 6 much less. This will' readily be place within the reach of all consuming Share- understood wJieu it is remembered that there holder Farmers a scientific method of increas- 1 are " Fertilizer Companies in Australia, ing their production. The Agricultural Department will be under the control of a first- MANURE IMPORTS INTO NEW ZEALAND class Agricultural Chemist, • together with a ' 1914-15 £480 110 staff of Expert' Field Men. An expert can be : 1913-14 ' '£4i3'400 placed at the disposal Of consuming Share- : Average for a period'of 5 vears nrevious holder Farmers to visit their district for the to 1913, £324,000 aunually. purpose of examining and testing the soil, Tho above are interesting fifui'es in view giving espert advice on the scientific produc- of the that the conditions for manufaction of any crop the; farmer may desire to turing artificial manures are more favourable raise, and where necessary, forwarding to the in the Dominion, because it is nearer certain Laboratory samples of soil to be analysed, deposits of raw material.
FULL ; PROSPECTUS OBTAINABLE AT THE OFFICE OF THIS PAPER, ALSO AT OFFICE OF COMPANY, J| ♦1, 42, M, BRUNSWICK BUILDINGS, QUEEN STREET, AUCKLAND. ||
The New Zealand Farmers' Fertilizer, Co., limited.' 1 (To be incorporated under "The Companies Act, 1908.") || APPLICATION FOR SHARES. 1 TO THE PROVISIONAL DIRECTORS OF ' ■ M . THE NEW ZEALAND FARMERS' FERTILIZER CO., LIMITED,. i$ 41, 42, 43, BRUNSWICK BUILDINGS, QUEEN STREET, AUCKLAND. || Gentlemen,— ffa Enclosed please find the sum of £ bemg a deposit of 10(- par || Share on application for Shareß in the above-named) Company. I hereby request you If! to allot mo that number of Shares upon the terma of the Prospeotus of the Company, dated 9tii November IS 1915, and of tlie Memorandum and Articles of Association of tlje Company; and I hereby agree to accept fx® such Shares or any smaller number you may allot me, and I further agree to pay the balance as provided 8$ by the 6aid Prospectus, and I request you to place my, name upon the Register of Members in respect of ijj the Shares which may be allotted to me. • . [Sj • K ordinary Signature PLEASE WRITE Name (In full) |1 (Plea 66 state if Mr., Mrs., or Miss) M DISTINCTLY. Address " v.v ; || Description .... ||§ Dated sv.vtv.t.tt.. ...., 1816. l!
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Dominion, Volume 9, Issue 2635, 4 December 1915, Page 3
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2,804Page 3 Advertisements Column 1 Dominion, Volume 9, Issue 2635, 4 December 1915, Page 3
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