SAFE INVESTMENTS OFFERING HIGH INTEREST.

Auckland Star, Volume LII, Issue 205, 29 August 1921, Page 3

SAFE INVESTMENTS OFFERING HIGH INTEREST.

(Published by Arrangement.)

. ■[ AUCKLAND GAS COMPAQ'S DEBENTURES. It is entirely owing to the abnormal state of financial affairs not only in New Zealand, but throughout the world, that the investor to-day is offered as -nruob. as Gi per cent free of tax in the safest possible investment which a short time ago paid no more than a per cent, in interest. This means a great deal to the investor who has capital at ins disposal. now. Rates will, no doubt, come down again later on. but for those who have funds to invest the present is a unique j opportunity for securing perfectly safe investments that will produce a very 'lucrative in-eo-me for years to come. A case in point is tbe issue ni ili-licn-tuxQr>by the Auckland (iv? Company. These debentures bear intercut at the rate of OJ ]»er cent., free of tax. which is equal to £7 12/11 when the latter is subject to tax. This rate of interest will be paid regularly every half-year for sevrn years. at tbe end of which time the amount subscribed will be returned in full. \atiirnlh- an undertaking such as tao Auckland '< Jas Company, -posse-sing inalienable rights in the city or Auckland, Offers one of the safest fields for uivestIment- Its assets are valued at over i£ 1 000,000 sterling. Its reveni.'e is conjsistect- and increasing, its position posiItivelv secure. I In" a very short tune thousands of pounds have been subscribed towards this issue, ard .-o rapidly arc the debentures now being taken up that the lists 'will soon he closed. Urgent application is therefore advised. Sums if £30, £10i>. £250, and £300 are being accepted. < heques shr>-ild be made payable to the secretary the Auckland Gas l rmpany. Wyn-dham Street, Auckland, f-rc-ni whom copies of the prospectus may also be obtained.