SAFE INVESTMENTS

Press, Volume LVI, Issue 17017, 14 December 1920, Page 9

SAFE INVESTMENTS

AT TEX TEE, CENT. XOT UXP.EASOXABLE'■'It's the bis man vrKo usually set.--tho plums when good investmcilts are offoXvHl, and that is t just what T am trying to avoid now." remarked Mr V." 31. Beebo to a. "Press' , reporter, when s-ooken to at bis office, W Hereford street, Toslcrday. "Tho l>;g follow doesn't invest his money at fivo or six per cent, interest, not by a Ion? shot, and, furthermore, ho is not content ™h sevens or eights, ,; continued *Ir Beebcf. . , ~ "It's tho collectivo interests _ot the men of modest means that carries t.ie real financial burden of this and c.ver> othor country, .nnd anybody with the slightest JiJio'wledgo of finance known that. too. Thoui S investor S r.v>s si I the money he can v.hen it is ehoap, ana buys into" new companies, properties 01 businesH'3 at par, and then v.he:i»t!io dividends are ten or twelve per cent., lie sells out in small parcels, at twice par, and what has ho made? wen, I'll tell vou, ho has made 3list one hundred per cent., nnd he has not taken the slightest risk either." f "Do vou know." snid 3Jr IJeeoe, "when 1 advortiso that T have a perfectly safe investment which will return full ton. ner cent, interest each ' year with security that is absolute, ochides having tho 'hall mark' ot my personal guarantee, there aro a few reoplo in this communfty who don t like it, and say that it is too good to bo true. Now thero is a reason vor (hat. It is simply becauw I am put-, tine money into "tho pockets of the rightful owsiers, and somo of these socalled financiers don't like that, neeauso it forces the price of money up, j ' and leaves tho margin smaller for them to operate on. "Money is worth full tea per cent, to-day, everything elso has doubled or tripled sinej the war; but how about money? The man with a ievr thousand, pounds invested at six per cent, could live on his income before the -war. but that is not so to-day. Anyone who uses money properly now,, can _ well afford to pay full ten per cent, interest, and just as easily as he could six beforo tlio war. There is absohitoly no risk in my saying that, becvuso the balance-sheet of nearly every joint Btock company, bank, and business in New Zealand will prove that I am right-. , ' '•"Have you had a good response to rour advertisement, Mr Beebe?" asked the reporter. "Yes. Sir. I nave, ' was the otiiek reDly, "and, furthermore, I am satisfied that I ha.vo done my clients a real cood eexvice.'* "Can you place any more money at ten per centum» wa'9 tho reporter's next question. ' \es, a few thousand pounds, if application is made quickly," and with absolute safetv, both as "to interest and principal,"' -was Mr Beehe's final remark as the was brought to a close. —6