WOOLLEN INDUSTRIES ARE FLOURISHING. At present thero are three woollen mills in New Zealand, and every one is humming with business. AVith all their efforts, their output is hopelessly inadequate to meet tho huge demand for woollen goods of every description. It follows that tho companies are prosperous .financially. Here aro the prices of the shares of these three companies on April 27, 1920: Kaiapoi Woollen Manufacturing Co., Ltd., i; 5 (paid-up), market price JElfl (buyers, no sellers); Mcsgiel Woollen Factory Co., Ltd., i' 3 lfta. (paidup), market price JJti 17s. Gd. (buyers,-no sellers); Wellington Woollen Manufacturing Co., Ltd., 10s. (paid-up), market price .£!) 15s. (buyere, no sellers). The promoters of the Wanganui Woollen Mills, Ltd., therefore, have every confidence that they are embarking upon a similarly successful career. It is clear that Now Zealand is a natural,,field for the woollen tirade—our sheep produce immenso quantities of superior fleece. In a few years' time, electric power will be available from the Government. Hydro-lilectric .Plants, whilst at Wanganui, where tho proposed mills will be situated, thero is every convenience with regard to railways, water, labour, eto. The public as a whole Tecognist) these facts, and they aro determined to encourage and support the extension of manufacturing enterprise in tho Dominion. The'l2o,ooo shares first issued on behalf of the Wanganui Woollen Mills, Ltd., were promptly over-subsciibcd, and the directors have placed a further .80,000 shares in the market. Prompt action is demanded on the part of those who wish to become shareholders. A largo-pro-portion of the new issuo has already gone, and investors should forward their application to-day. Get the prospectus and, application form from Irwin and George, 37 Panama, Street, Wellington, or to Mr. E. M. Silk, I<\l. A., N.Z., Wanganui.—Advt.
. THE BREAKFAST CUP At eight o'clock let Van Houten's Cocoa make breakfast a daily delight. There is something about this delicious cocoa—maybe it's the delightful flavour, or its richness, or its invigorating qualities—at all events, Van Ilouton's Cocoa once used is always used. Van Houten's Cocoa is made by a special process, which retains all Hie delicious goodness, from fresh, ripe cocoa beans grown in the British Empire. Try it for breakfast to-morrow—you'll relish its goodness, you'll favour its economy. Van Houten's Cocoa goes further because it's all cocoa. Go to your grocer to-day and say: "Van Houten's Cocoa, please!"—Advt. Excellent as a fcod tonic, wonderful as a nerve-soother and health-giver is SITU! UMTS HKKK, IKON AM; WINE. Try it.-Advt. . '
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Dominion, Volume 13, Issue 259, 27 July 1920, Page 8
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409Page 8 Advertisements Column 3 Dominion, Volume 13, Issue 259, 27 July 1920, Page 8
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