Page 3 Advertisements Column 1

Temuka Leader, Issue 2114, 21 October 1890, Page 3

The well-known thread manufacturing firm of Messrs Coats, of Paisley, bare issued a prospectus announcing the formation of a limited company to take over their business. The capital of the company is stated at £5,750,000, consisting of 6 per cent, cumulative preference shares to the amount of £2,000,000, ordinary shares to the amount of £1,750,000, and 4£ per cant, debenture stock to the amount of £2,000,000, The certified profits of the concern for the past year are stated at £475.000, and the average for the past seven years at £426,0Q9. The reason given for the conversion of the concers is that the business has grown, and is growing, to huge dimensions. Mr Archibald Coats will be chairman of the company, and seven other members of the family will have seats on the board. Bessdea the extensive mills of the firm in Paisley, they hold a preponderating interest in thread mills in Rhode Island, in Montreal, and in Russia. The estimated dividend on the ordinary share capital of the company is 8 per cent. While the population of Prance is practically stationery, and in some parts is .actually dwindling, the birth statistics in Preneh Canada indicate a totally different condition of things. Among the descendants of the French settlers in the Dominion the birth rate is exceptionally high. In illustration of this, a curious circumstance is related in an official report. The Government of Quebec recently provided that every father of a family having 13 or more chidren living should be entitled, under certain con-