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Notes and Events.

Big money is sometimes made in a small space of time. The first pneumatic tyres were only made in 1890, now the demand for them is universal. The inventor of the Dunlop tyre came across a Mr Dv Cros, who started -.a small company with a capital of £25,000, and that company has lately sold out to a larger one for three millions.

To show that there is money in it, we learn that this first company, with its capital of £25,000, made £2,660 as profits, the first year; in the second year the profits rose to £21,974 ; the third year to £48,595 ; then to £149,819 for the fourth year ; the fifth year gave £157,168 ; and the last year £220,007.

From first to last the original company obtained from its shareholders £260,000 ; while the directors have given the shareholders in dividends £895,770, and in profits on shares £262,845 ; and now the directors pay the shareholders out with the sum of £2,887,505, making a total result in favour of the shareholders of £8,545,623 in exchange for £262,000 !

Bicycles have been at the bottom of the fortune in pneumatic tyres, so the pushing German has gone one better. Stray dogs have a knack of getting in the way of cyclists and a remedy was required — the German found one. He invented Bicycle bombs which are hurled at these dogs, they are harmless, bat exploding with a big noise infuse the dogs with fear. By the way some could be used here with very great effect, if we had them. Will some enterprising storekeeper make a note to order a stock. Be careful how they get packed, as it is on record a postmaster, in Germany of course, was nearly frightened to fits, as was also big staff, by the accidental explosion of these bomb 3in his office, which were, by the way, addressed to the Empress Frederick, at Fried richschof, Cronberg. We would not desire to see our postmaster unnecessarily disturbed, so advise importers to get these bombs by the usual trade route.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18960711.2.19

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, 11 July 1896, Page 3

Word count
Tapeke kupu
344

Notes and Events. Manawatu Herald, 11 July 1896, Page 3

Notes and Events. Manawatu Herald, 11 July 1896, Page 3

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