AUCKLAND AMUSEMENT PARK

Evening Star, Issue 19328, 14 August 1926, Page 4

AUCKLAND AMUSEMENT PARK

A CONSPICUOUS MONEY-MAKER. SHARES NOW AVAILABLE. Careful investors who have boon wary about investing money during tho prevailing •(depression will quickly appreciate tho security and exceptionally good prospects of tho Auckland Amusement Park, Ltd., a company now being formed with a capital of £40,000, in 40,000 £1 shares. Tho objects of the company are to acquire, erect, and operate on the east side of Queen street, Auckland, the seven amusement devices that,were so successfully run in the Amusement Park at the Big Exhibitiou in Dunedin. In addition a modern Cabaret, as well as novel Continental amusements, will be built.

A point worthy of note is that during the five and a-h-alf months of the Exhibition the takings amounted to £56,000, to which must be added £12,000 for other concessions ; the running expenses, including wages and electric power, were under £ii,soo. Prom those figures it will be readily comprehended that great possibilities are in store for those who invest in the Auckland Amusement Park, Ltd,

Thirty-four thousand pounds have been allowed for the creation of the park in Auckland. A conservative estimate of the first season’s running shows receipts amounting to £44,000, as against an expenditure of £ 16,000.’ Thus the estimated profit for the first season alotie will be in the vicinity of £28,000. Taking into consideration the excellent climate in Auckland, the outdoor habits of the population totalling 192,000, and the fact that the site on which the park will bo built is a central one, liberal and continued patronage is assured.' Another interesting point for intending investors is .that last year Luna Amusement Park, Melbourne, paid dividends of 35 per cent, on preference and 20 per cent, on ordinary shares.

Those who are desirous of getting in on the ground' floor should lose no time in making application for shares, as the demand is steadily increasing. Write without delay for prospectus to Quick and Smith, Stock Exchange Buildings, Dunedin. —£Advt.]