A SAFE 8 PER CENT DEBENTURE ISSUE.
The Onakaka Iron and Steel Co. who have now established their opera lions on a profitable basis are increasing their debenture issue from £30,000 to £llO,OOO. Ample security is available for tho investment. Dcbeuture-holders have been paid their 8 per cent interest regunrly for the last three years. The capita] being raised is to meet, the expenditure of erecting a plant to make cast iron pipes; also ' steel eastings to augment the profit earning potentialities of the company. As there is approximately only £20.(100 worth of these debentures left to Issue it is requested that an early application for information and prospectus he made to Mr H. Maxwell, rare Caledonian Hotel N-nicr "
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Bibliographic details
Hawke's Bay Tribune, Volume XVIII, Issue 61, 23 February 1928, Page 7
Word Count
119A SAFE 8 PER CENT DEBENTURE ISSUE. Hawke's Bay Tribune, Volume XVIII, Issue 61, 23 February 1928, Page 7
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