It will be observed from the above estimated cost of production that handsome profits fijfcn be' 'fy made, but supposing an additional charge of, say£2 8s per ton (tHat is allowing £3 por of £2 per ton for charcoal, £2 per ton instead of £1 per ton for labor, and 8s per ton instead of 2s per ton for unforeseen expenses), should-arise from any unforeseen circumstances, to the ■ cost of production, taking the present price of pig iron at £l4 per ton, it still, shows a profit of at' least 49 per cent on the Share Capital Of the Company, and thisf on a daily output of 20 tons only. Now look at the position from the other side of the argument. Should the market price of imported ■ pig iron fall to £lO per ton (which is highly improbable considering the many millions of tons reqftr/ \ ed in Britain for shipbuilding alone) to the consumers there is still a profit of 14 per cent, * _ This fact is strongly emphasised as th-e production of pig iron will be 30 tons per day, find aA Jthe ' ; estimated cost of manufacture is based upon a daily output of 20 tons per day, the profits will bft onsiderahly augmented- j Titanic acid, which formed the only obstacle in successfully smelting iron sand at tyew Plymouth, is not present in the iron ore at Onakaka,, and the reduction of this ore (which is limonite) by c»nverting it into Pig iron is absolutely no'experiment. It is a known practice. ' ' , ! This limonite ore is similar to Bilboa iron ore mined in Spain, and used by the largest pig iton • smelters in Britain who import hundreds of thousands of tons annually to mix with'the power ores. , of that country. f V" ' . mt, • Practise proves that limonite produce a. soft foundry iron, and is universally-used fhr that purpose. The country that produces'its own pig iron takes a foremost position amongst the nations ■ of the world, because it brings prosperity. . !? APPLICATION FOR SHARES. To the Directors of the proposed Company. Gentlemen,—l forward herewith the sum of £... being a deposit of 2/6 per share paJ'Srble'on applica* tion for ...shares of;£1 eich of the above-named Compimy, 4nd"l request jfoil to .4 shares upon the terms of the Company's Prospectus dated the 10th of June, 1920, and I agree to accept the same or any less number that you may allot to me, and to pay a further, sum of 2/6 per share on allotment and the balance provided fy the gjid Prospectus, and I authorise you to register me as the,bolder of the shares so allotted. Name in u11.....ji.mnrji......• 4 Postal Address, .v.Description or Occupation ... ...j............. Txrwerowi Birthplace of Applicant. tprtiWAMW '» Father's Full Birthplace of Mother's full maiden name. ..,. r -. r ., tirlMißftft Birthplace of Mother.... Date ....... - | 1T ||M| ll||||M n iimi»i»Hfrn Signature.... IvOTE.—In filling in Birthplace it Is sufficient to name the Country. JL Specials at the Melbourne Gaberdine Poplin, Trench Style, Unlined. . Gaberdine Poplin, Trench Style, Check-lined. 85/99/6 PLEASE CALL EARLY AS STOCK 13 LIMITED. The Melbourne Ltd. All Branches. First Class Dairy Farms for Sale . 60 ACRES. choice little dairy farm situated between Bell Block and Lepperton, would make ideal stud Jersey farm. All level and been ploughed, nice patch shelter bush, 12 well-fenced paddocks; good house of 5 rooms, bathroom, pantry and wash-house; a mile from factory and store and handy to school and railway station. Will carry 25 cows and young stock. , Price is £BS per acre; £I2OO cash. Stock can be taken over at valuation; Can recommend this. 50 ACRES. || ANDY little dairy farm, on good metal road, situated within 3 miles of sea coast; 5-roomed house, cowshed and outbuildings; half mile to factory, 1 mile to school; will carry 25 cows. There are 10 paddocks, wellsheltered. Land within one mile selling at over £IOO an acre. Owner has left district and will sell at £65 per acre; £I2OO cash. Good prospective value. 200 ACRES. V gPLENDID Freehold Dairy Farm, 10d acres already been stumped and re« newed, 12 well-fenced paddocks, slll ' carry 70 cows; good dwelling house <jt_ <T ; rooms; concrete floor cowshed & yard; X ' miles factory and school. There is a rtHft. ' ing machine and separator given m. Thi| is a good clean farm. Land is »)1 l«v<4 and of rich quality, and I can reeoflM mend with the utmost confidence V<yy cheap at £46 per acre. Easy terms out be arranged. n - "liS 300 ACRES Coaat land of exce P tional l ualit y; 15 well-fenced paddooks. The whole of the property has been olmttli ' ? ed and sown down in best English grasses; well-sheltered live hedges; good metalled road; situated' 21 ttL T* from factory, school and post office; two splendid dwelling houses, all conveniences; concrete floor cowshed, mllklVm*. ' J chine plant. Uns I consider one of the best dairy farms in Taranaki, and the price is risht—nnlv £2009 cash to good man. Returns will be shown. Cows can be purchased at £l7 10a per lead. GREAT J* Note.-Having had 25 years' practical knowledge of Taranaki Land Valuta. I am ther«for<t in » ti? mm mead clients where best to purchase. I will shew you returns and jSnanee you far stock if required ' ** E. JACKSON, I Telephone 675. COMMISSION AGENT opp. Coffeo Palae; NEW PLYMOUTH. Box 19 U Follow the footsteps of the Wise to Dockrill's for real Bargains in Footwear ,w Travellers for manufacturing houses when calling on DockriiFa express great surprise at the low prices charged for footwear. In many cases Dockrill's are selling below the wholesale prices asked to-day for similar quality boots and shoes. SBle Agents New Plymouth District for Crocket and Jones' "HEALTH, BRAND'" FOOTWEAR. POSTAGE PAID ON ALL COUNTRY r^mjjps DOCKRILL'S, Bevon Street, QUALITY SHOE HOUSE, TELEPHONE No. 4 3 3, New Plymouth.
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Taranaki Daily News, 3 July 1920, Page 7
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964Page 7 Advertisements Column 4 Taranaki Daily News, 3 July 1920, Page 7
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