Page 7 Advertisements Column 1

Dominion, Volume 9, Issue 2755, 26 April 1916, Page 7

ZONOPHONE RECORDS. REDUCED PRICES. . 'The ten-inch have been reduced from 3s. 6d. to 2s. 9d., and the twelve-inch from Bs. 6di to 4s. These double-sided Records constitute remarkable value at the new prices. Get a gramophone—a. superb ''His Master's Voice"—and you will enjoy music such as you havo never heard before. The Bristol Piano Co., Ltd;, Wellington. M. J. Brookes, North Island Manager.—Advt. ; - ■

(A Copy of .this Prospectus has leen filedwith the Registrar of Companies.) (Incorporated under the Gompanicd Act.) .. ' p.; ,/ THE •' '. ; ' LIMITED. ' v.; _ W&ikate ■. 4UTH6RIBEb' CAPITAL-. - D - - £3003©©© OFFER OF 100,000 CUMULATIVE 6 p.c. PREFERENCE SHARES AT £1 PER SHARE of which 21,155' have already been applied for. Payable 10s. on Application, and 10s. on Allotment, or the Whole Amount on Application. '! These Shares are/not only cumulative both as to dividend and capital, but are free from income tax, which with the present surtax, is equal to £6 I,ls. jfrer cent., and offer to investors one of the soundest and \ safest securities in the Dominion. Board of Dir<ctorst JOSEPH BARUGH, Esq., Chairman ' D. R. CALDWELL, Esq. W. G. PARK, Esq. H. S. HAWKINS, Esq. THOMAS PATERSON, Esq. W, H. HUME, Esq. A. J. STOREY, Esq. ■ — fr- === * > ' ».- r r HE PREFERENCE SHARES are entitled to a fixed Cumulative Preferential Dividend at the rate of Six Pounds per centum per annum, 1 payable half-yearly on the first days of February and August in each year. They are Preferential both as to Capital and Dividend and ==j™s are free of Income Tax. • flaosi| All Preference Shares allotted will rank for dividend from the date upon which allotment money is paid. 1 Preference Shares do not carry any voting power, but any holder of £100 of Preference Shares is eligible as a Director. This Company started business in February, 1907 with ah authorised Capital of £100,000 of which £44,730 was paid up. The authorised f ; Capital was'increased to £200,000 in 1911- by the issue of 20,000 shares of £5 each. In 1914 a further increase was sanctioned to £300,000 by the issue of 100,000 cumulative Preference Shares of £1 each. I ' Of the Ordinary Shares 31,261 have been issued —20,614 have been fully paid up in cash, 6,624 were allotted to the principals of the firm of McNicol & Co. in payment of the business, and 4,023 shares have been paid up to the extent of £12,755 10s. I The following table shows the growth of the Company's business. • 1 ■ CAPITAL SUMMARY ALLOCATION OF PROFITS. I Ending Share. Authorised. - Subscribed. Paid-up. Uncalled. Net Profit. n Commis- Reserve Funds. ! - ' • ■ ■ . ' " : , ■ ' ~™ ' "" J ~~ ■ jg -■1 ig ~jr~ \ 1J" . j? : ]g 1908 736 100,000 49,940 44,730 5,355 ' ■ 7,071 6 p.o.' 15 p.c. 2,500 3,349 1909 914 100,000 53,655 48,304 5,080 7,835 6 p.c. 2\ p.c. 15 p.c. 2,750 3,984 ; 1910 1042 ' 100,000 55,485 51,214 3,038 9,275 6 p.c. 21 p.o. 15 p.c. 2,250 * 4,363 , 1911 1150 100,000 ' 7a,015 69,132 2,589 11,715 8 p.c. p.c. 20 p.c. 3,500 7,072 1912 1439 200,000 128,610 114,283 11,547 17,546 8 p.c. 2$ p.c. ■ 20 p.e. 8,500 10,300 1913 ' 1525 200,000 137,765 • 127,255 10,068 21,858 . 8 p.c. 2i p.c. 20 p.c. 6,000 s 14,157 \ 1914 1948- 200,000 146,496 137,842- 8,235 22,044 8 p.c. p.c. 20 p.c. 6,000 \ 15,644 ' 1915 2253 300,000 164,872 156,566' 7,608 21,702 8 p.c. 2fc p.c. 20 p.o. 5,000 17,241 1916 . 2426 300,000 ' 173,220 ' 164,735 7,873 27,478 ' 8 p.c. 2} p.o. 20 p.c. 7,300 - 20,120. f , ~ ~ " : : ; : i £43,600 ! £96,230 ' ' ' ■ 19Q8- . 1009 1810 1911 1912 1913 1914 ' 1915 ' 1911 Permanent Staff 13 .18 i 24 26 41 52 60 75 97' Number of Sales 150 - 159 157. 226 243 2711 . 336 379 42S •„ ' 15 on Aotive Service. 3 During the time that the business of the Company has thus been built up, no less than a sum of £90,230 has been distributed to shareholders Reserve Funds are steadily mounting up, and this year's allocations will'increase them to £43,800. In'addition to this the £5,000 paid t< Messrs. McNicol '& Co. for Goodwill waß paid out of profits during the first three years of the Company's existence, ' Owing to the very rapid growth 'of the Waikato and surrounding districts, the enormous increase in the Company's Turnover and the legiti mate demand made upon the company for extension, fresh Capital is required, and can be employed not only remuneratively, but with absolut safety. The Auditors of the Company are Messrs. W. W. Bruce, of Auckland, and R. English, of Hamilton. Balance Sheets and Application Forms may be obtained from:— d. RfIARTYW tyUME, 25 Panama Street, Wellington. MARGOURT & Co., 195 Lamtoton Quay, Wellington. A. T. BATE, Mathan's Buildings, Wellington. a* ed at Hamilton this 12th day o< April, 1916-