MARGINAL TRADING IN N.Z.

New Zealand Herald, Volume LXXIII, Issue 22352, 25 February 1936, Page 5

MARGINAL TRADING IN N.Z.

PROTECTION FOR SMALL INVESTORS Been use the terms of payment are easy, too many small investors are drawn into buying unsound new share issues only to find later that their securities are worthless. If given their preference many would undoubtedly buy sound industrials, but the amount of money required for their purchase is usually beyond their means. In order to bring to small investors the benefits enjoyed by those with more ready money available, the Securities Corporation* (N.Z.), Limited, has introduced "Marginal Trading," a .sound, practical method, which allows investors to use their credit to earn profits. Today we buy a home, car or radio by instalments and marginal trading is just the same principle carried into the realms of finance. For' instance, ypu could secure £IOO worth of'sound stock by paying only 33 1-3 per cent of its value—£33 Gs * Btl. You are entitled to dividends on the whole £IOO, while any increase in vajue can, by arrangement, be paid to you in cash or used for the purchase of further approved stock.d The account is worked on a 33 1-3 per cent basis, giving you the choice of buying three times as much stock for your money—and making three times as much profit if you sell at an increase—or investing only one-third of the value of the shares. For this benefit a charge of (i£ per cent per annum on the unpaid balance is made. Most people are agreed that better times aro coming and "Marginal Trading" offers the small investor the means of securing a larger share of the profits to be made. For full information write to the Securities Corporation (N.Z.), Limited, Crawford Street, Dunedin, C.1., for their brochure "Marginal Trading."—Advt.