SAFE INVESTMENT

Evening Post, Volume CIX, Issue 118, 21 May 1930, Page 11

SAFE INVESTMENT

LESSORS OF STOCK MARKETS

(By Telegraph.)

(Special to "The Evening Post.")

OHRISTCHUBCH, This Day.

Optimism regarding the future was expressed by the president, of the Eoal Estate Institute of Canterbury and Westland (Mr. C. E. Jones) in an address at tho annual meeting. "Of one thing lam sure—that the terrifically 'heavy losses sustained during tho last year or so on the Stock Exchange in America, Canada, England, Australia, and New Zealand must have the result of causing a swing back in favour of first mortgage investment, which will be a very: desirable thing from v the standpoint both of the real estate agent and the legal profession," he said. '' There is no doubt that the moratorium restriction caused many investors to invest in stocks and shares who had not beforo touched them; and tho recent losses will have tho effect of causing many investors:to turn to real estate again as the most solid and ,safo investment, with its margin as a general rulo of at least one-third, as against that margin laalcing in shai'o transactions." r