TYPICAL PORTFOLIO
WERE'S INVESTMENT TRUST
• Mr. Staniforth Hickettson, chairman of Were's Investment Trust, Melbourne, at .the recent annual meeting, of ■ that company gave a classification of the investments contained in the company's portfolio. ' Those in. the British Empire were of the total value of £594,705 and were spread as follows:— Per cent. Government and municipal bonds ...'... 5.3 Public utilities 11.3 Banks, insurance, finance 19.3 Pastoral and development 6.4 Rubber and other plantations 0.9 Base metals .. 7.7 Gold mines 2.5 Other, mining 6.7 Iron and'steel, engineering .......... 2.9 . Chemicals and food 12.5 Building and construction o.R Stores 11.". Paper and publishing ~-. 2.2 Miscellaneous ■ 0.2 The total value of these securities was given as £594,705. ' Those held in foreign countries were of the total value of £30,493, and included manufacturing industries in Holland, Sweden,- and the United States; public utilities, banks, and insurance companies, mines, and metal- companies, manufactures, and wholesale and retail stores. - ,
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Bibliographic details
Evening Post, Volume CXXII, Issue 74, 24 September 1936, Page 12
Word Count
151TYPICAL PORTFOLIO Evening Post, Volume CXXII, Issue 74, 24 September 1936, Page 12
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