(Published by Arrangement.) £100 EARNS £43 2/6. It is only a few years ago that £100 deposited at the bank brought £2 10/ in interest every year. To-day the same amount invested in debentures will bring £7 10/ —or including the debenture tax which the small investor can reclaim— £8 12/6. This means that in one year your money will earn as much as in three years previously, or in five years £100 will earn actually £43 2/6. Such is the golden opportunity now presented to the investor by- the offer of 7$ per cent debentures by the wellknown firm of Maeky, Logan, Caldwell, Ltd. This company has surplus assets totalling £543,782, which is equivalent to £3 for every £1 invested—a margin offering the fullest security. The debentures are issued in sums of £50 and interest is payable half-yearly, free of tax and free of exchange. Applications are coming in rapidly at all branches of the Bank of New Zealand and at the company's warehouses. Members of the Stock Exchange will also accept, applications on hehalf of investors.— (Ad.)
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Bibliographic details
Auckland Star, Volume LII, Issue 157, 4 July 1921, Page 6
Word Count
179Page 6 Advertisements Column 7 Auckland Star, Volume LII, Issue 157, 4 July 1921, Page 6
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