Page 4 Advertisements Column 4

New Zealand Times, Volume LII, Issue 12093, 21 March 1925, Page 4

A GTUT-EDGED INVESTMENT. The debentures issued! by the Wellington City Oounoil are an attractive form of investment and are popular with all classes of investors. Loans are now being floated by debentures of £IOO. having a currency of seven and nine years. The loans and the interest and sinking fund are secured on special rates. The complete security attached to the loans, supported by the city’s financial standing, constitute a gilt-edged investment. The city’s annual revenue is now over £1,000,000, and' the unimproved value is approximately £15,000,000. Interest is at 64 per cent., and is payable half yearly, and anyone desiring a good rate of interest consistent with undoubted! security could not do better than invest in these debentures. Interest commences immediately an investment is made. Investors within New Zealand will receive interest and repayment of principal free of exchange. No more convenient form of investment is obtainable. The loans are available to all classes of investors, large or small. Further particulars mav be obtained from, and applications should be made promptly to, the City Treasurer. Town 'Ball. Wellington.—Advt

The Bristol Piano Co.. Wellington, has large stocks of Pianos, Player Pianos. Babv Grands, Gramophones and Becortls Smell Instruments, and Sheet and Book Mvusio.—Advt.