PAPERSPAST

HARTS LIMJTED. Preference Share Issue. ■ Harts Ltd. offers' for subscription 30,000 preference, shares. These carry an 8 per cent, cumulative preferential dividendi »,and m addition participate further with the ordinary shares m dividends up to a total of . 9 per cent, per annum. v . '. This preference issue is covered more than twice over by the company's as- sets, and the net average annual profit for each of the past two. years has been more .than twice the amount required to pay a preference dividend of 8 per cent. The company's balance-sheet and profit and loss account for its current year are. published m the prospectus. The company's brokers are The Craig Investment Co., Ltd., whose Auckland' provincial representatives are Wallace Bruce. and Duthie, 41 Shortland Street (Box 487), Auckland. - Application may also be made through any other licensed share- broker.

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