120.000 SHARES SOLD-80,000 MORE ISSUED. Last month the proprietors of The Wnngamii Woollen Mills. Ltd., issued 120,000 shares to float, this new enterprise, and it has now become necessary to issue a further 80,000 to cope with tho inrush of applications, and prevent disappointment to investors. No industry in New Zealand has brighter prospects than that of wool milling. The peoplo must have woollen goods and the raw materials are pioduced in abundance within our own borders. Shares in the other New Zealand Woollen Mills aro quoted at one hundred ppr cent, premium, yet in spite of (heir flourishing condition, their output 'v totally inadequate to fulfil tho requirements of the community. This statement in itself emphasises tho immediaio need of extensively increasing the woollen manufacturing industry in New Zealand. Apart from this, there is a splendid opportunity for development in tho exporlsjiarkets, such as the Pacific Islands, China, Japan, and America. All interested are invited to write for tho prospectus, and application form, which are obtainable from Irwin and George, 37 Panama Street, Wellington, or to Mr. E. M. Silk, P.1.A., N.Z., Wauganui.—Advt. .van i. jji.'Uuud™jj«j; For Children's Hacking Cough, Woods' Great Peppermint Oure.-Adn.
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Dominion, Volume 13, Issue 258, 26 July 1920, Page 8
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195Page 8 Advertisements Column 1 Dominion, Volume 13, Issue 258, 26 July 1920, Page 8
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