Money is still somewhat scarce for in- j vestment in mortgages. This is attri- j buted by the Australian Investment j Digest to the heavy rax where the income exceeds £6400 per annum. This,! ;it is stated, has caused income tax free 1 debentures to he bought freely at prices returning 4J per cent. A person paying maximum income tax would, it is pointed out in the article, require S per cent interest to get a similar return. Two cases of diphtheria were reportvd to ttie District Health Office to-day, one occurring in the city and one at Thames. (Irieve. Jeweller, next Smeeton's, remodel old wedding rings into latest shape, 10/: guarantee to use your otrn gold. Ad. -lap. crepes, 1,3";; in coral, rose, car- • dinal. turquoise, sky, saxe, vieux rose, apricot, he'io. grey, navy, brown, black; * in a soft, fine cloth at the A.8.C., Karai ngahape Road. — (Ad.)
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Bibliographic details
Auckland Star, Volume LIII, Issue 245, 16 October 1922, Page 3
Word Count
149Page 3 Advertisements Column 5 Auckland Star, Volume LIII, Issue 245, 16 October 1922, Page 3
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