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A favourable IH2S was prophesied by Mr Cb C. Creagh, president of the Auckland Stock Exchange, at the annual meeting at Auckland. He said that the season for primary products prom•sed to be a record one. Air Creagh referred to the very large amount of capital raised by Australian banks, which, from September, 1020, to November, 1027, totalled £4,24*3,000, and ns iii several instances premiums aggregating £1,013,000 were added, i‘t; meant that i lie hynotliecation of £0,1.40,000 for new bank shares, which otherwise would have been available for investment in e-risting securities. lie considered th.al had Tielped to accentuate the iinancial stringency. A« evidence of the stead-ily-increasing wealth of the people of the Dominion, Mr Creagh quoted the Saving Banks returns.- Mr Creagh referred to proposals in some cases actually put into force by directors of companies to interfere with rights of ! preference shareholders. - He said the ! matter was carefully considered by the |Stock Exchange Association, and a rule j was adopted that any listed company interfering with the rights of preference shareholders may be removed from the official list. BETTER SNAPSHOTS THTS XMAS. You will get, ever so many more good snapshots this Christmas if you load lyour camera with “RA.TAR” Film. I This is an improved film made in England to take better photographs in poor j lights. Remarkably improved results alI ways attend its use. All dealers. Same price as ordinary film. —2

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https://paperspast.natlib.govt.nz/newspapers/HAWST19271221.2.50.2

Bibliographic details

Hawera Star, Volume XLVII, 21 December 1927, Page 5

Word Count
236

Page 5 Advertisements Column 2 Hawera Star, Volume XLVII, 21 December 1927, Page 5

Page 5 Advertisements Column 2 Hawera Star, Volume XLVII, 21 December 1927, Page 5