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MARAC /—• FINANCE 1 \ f °'595 CHR' sl 1 Seeded by First Ranking Debenture Stock fiKTWI Trustee; National Mutual Life Nominees Ltd agTaa Tn s no‘ a Prospectus. Apo carons HLLJH must be rraoe on form attached to lifilkl J Prospectus available from Commercial Bank v,-, ~ .c-.-ied I "f Australia, members of tt.e Stock Be. W Crws—--c- A (ujMmrsiS AVAILABLE FROM YOUR LOCAL SERVICE STATION

If youcl invested in forest products 20 years ago you'd probably be well off today IF YOU'VE GOT $lOO HERE'S A FURTHER OPPORTUNITY. The Nuhaka Farm Forestry Fund is a new concept In regard to disease, the key factor supervise this phase. * Superannuation funds and family in group investment that will enable small private is that exotic forests are so valuable What are the prospects? If the trusts not needing immediate investors to obtain an interest in one of New to the economy that there has been a world demand for paper continues income. Zealand's highest-earning industries. ? r eat deal of intensive research and t 0 expand at jts present rate, bv * Young people. ThoP o rnatnalTrii C t oo cP c t a t oa nH - here are very lar 9e resources 1985 a new pulp and paper mill will y Older people who wish to make The Perpetual Trustees Estate and Agency Company available for the application of have to be built somewhere in the provision for dependants or Ot New Zealand Limited, one Of New Zealand S control techniques. world every week This was stated retirement. Oldest-established and biggest trustee companies, New Zealand is regarded as a world by Mr A W. Mackney, Deputy How do you invest? First, send will form a fund of 51.500,000 for afforestation in leader in this and other aspects of Managing Director of N Z Forest tor the full details of the issue a carefully selected area. commercia forestry. Products Ltd. in a recent address. contained in ’.he prospectus, which Felling and marketing IS planned to commence in Who wiU manage the enter- ™ e . D ' re^ or General of Forests, you obtain by mailing the coupon ih»?flthvoar ac ic diet.ihiitmn r>f tha mnnmo prise? On the financial side the Mr A. P. Thomson, told an industry j n this advertisement, or by con- ' ... ' management expertise will be pro- conference in Rotorua that pulp and tacting any member of an affiliated It IS estimated tna. tne investment Will compound vided by The Perpetual Trustees paper mills with the equivalent Stock Exchange in New Zealand or at the rate of 14.5 per cent per annum, which Estate and Agency Company of capacity of the Kawerau or Kinleith any branch of Perpetual Trustees Co. would return approximately $2,800 for each $lOO New Zealand Limited. This complexes could start operating Ltd. The Prospectus also contains invested. There IS a worldwide shortage of paper Company was founded in 1884 by every three or four years after 1990. an application form on which you and other timber nroducts that can bp solved nnlv special Act of Parliament It has He .^ aid thls s f ort of development state the number of $1 units you and Otner timber products that can be solved only gfOwn stead| | y since Its f ormatlon could go on for several decades, require (you must buy in multiples in the long term and should assure a ready market and administers assets worth more and added: ol 100). for trees planted now and in the near future. than $l5O million through its "The pulp and paper industry will You attach full payment to the offices throughout New Zealand. tden rightly take its place as the completed application form and What is the reward ?In this type of investment the real return Management of the scheme requires major manufacturing industry in lodge it with any of the above is achieved in the final years. In the intermediate years there is the services of competent pro- . Zealand - P r °cessmg a major named parties. no return, but ratner an accrual ot assets, principally tn the form fessional forest managers with land-based resource . Ihe Trustee, Perpetual Trustees of a growing forest Moreover, it is expected that, through experience in forest farm operations. Expert opinions like these suggest Estates Agency Company of New Stock Exchange listing, a market will exist for the units and their p, p. Olsen & Company Ltd. based tdat tde P re< lictions and estimates Zealand Limited will allot units to \alue will be determined accordingly (an application for this j n Rotorua, undertakes contractual tor the Nuhaka Farm Foresty Fund applicants as soon as possible after listing has been madei. management for this type of enter- used in the prospectus and in the the issue closes. The Trustee has The following representative table is not meant to indicate prise, and will provide access to advertisement, are conservative. determined on $1,500,000 as the market values but to demonstrate the growth pattern at 14 5 expertise in the fields of logging. Who should invest? The Nuhaka minimum subscription necessary for per cent compound interest. forest utilisation, forest assessment Farm Forestry Fund is not a short- ,he enter Prise and reserves the right ———————————————————— and a full range of forest manage- term speculative venture. Nor is it accept over-subscription to a To start .. $lOO ment skills. They will at all times designed to provide immediate total of a further $1,500,000 in End of year i Sll4 15 $762 and in any way required support income. It is a long-term project to which case the scope of the opera10 S3R7 ~ s? ns? the resident salaried forest and farm provide a new type of investment tion would be doubled. — L — staff. opportunity for those wanting to ,ssue °P ens at 10a m . on What are the risks? The risks in forestry are fire, wind and In the early stages, general farming safeguard the purchasing power of February 4. .974. In view of the disease. The Forestry Development Conference in 1969 found activities will be carried on to their savings and build up funds ex fent o interest already shown, that by world standards the fire hazard is mild. The losses in reduce the cost of the forestry for retirement, or a nest-egg that ear y a PP' lca t |On > or a prospectus is New Zealand to that date were only about 1% by volume of all operation. Messrs. Newman and will come at a convenient time suggested. the timber harvested or then standing. The losses through wind Mollison, professional farming con- for children or grandchildren. So As your first move fill in and mail damage were about the same. sultahts, of Palmerston North will who should invest ? the coupon today. • 1 Any member of an affiliated Stock Exchange in New Zealand. • A |\ II ILJ \ • 2 The organising brokers Messrs Harcourt. Longuet, Hume &Co • I VII II I | V P O Box 29, Wellington e 1 ■» '« V 1 3 The Perpetual Trustees Estate and Agency Company of New Zealand A / • Limited 0 0. Box 3845 Wellington or any branch. * L/\LJ|\/j |_| I • Pfeese sene me me Nuhsks Ferm Forestry Fund prospectus contsinmg oetuls of • j f>| l| V I I I 11| | I | • end »n form • • finfl FUND ph • • • PERPETUAL •••••••••••••••••••••••••••••• ' Trustee. The Perpetual Trustee and Agency Company of New Zealand Limited.

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https://paperspast.natlib.govt.nz/newspapers/CHP19740205.2.38.1

Bibliographic details

Press, Volume CXIV, Issue 33451, 5 February 1974, Page 4

Word Count
1,214

Page 4 Advertisements Column 1 Press, Volume CXIV, Issue 33451, 5 February 1974, Page 4

Page 4 Advertisements Column 1 Press, Volume CXIV, Issue 33451, 5 February 1974, Page 4