Page 12 Advertisements Column 1

Otago Daily Times, Issue 20501, 31 August 1928, Page 12

FINANCIAL. fji 0 I N YES TOR S. A 7 PER CENT. TAX-FREE proposition; An excellent opportunity occurs for conservative investors to acquire on a particularly favourable basis a number of Cumulative Preference Shares in a large and well-established business. The security offered is exceptional. This is shown by the fact that, averaged over the last four years—not good ones from a trading point of view—the Company’s annual profit has been sufficient to pay over four times the amount required for the Preference dividend on these shares, while the capital is covered, by assets to ’the value of £2 10s per £1 share. At the price offered, the investment shows a return of 7 per cent, free of Income Tax. The . dividend is payable half-yearly. The fullest information regarding the position and prospects of the Company will be placed at your disposal. Simply write, saying—“ Send me full particulars of 7 per cent, tax-free investment.” Address — - Messrs MACKY &■ CAMPBELL, Public Accountants, Empire Buildings, - Swanson street, Auckland. SHAREBROKERS. JTEN WICK & REEVES, STOCK AND SHAREBROKERS, STANDARD INS BUILDINGS. DUNEDIN. Herbert S. Fenwick ) Members Stow Harman Reevee ) Exchange. Telegrams: " FENREEF.” Dunedin. H. M‘LEOD, SHAREBROKER. No. 15 (UPSTAIRS), STOCK EXCHANGE BUILDINGS. DUNEDIN. QUICK & SMITH, STOCK EXCHANGE BUILDINGS. P.O. Box 266. Telephone 10-363. Telegraphic Address: “QUICKLY.” DUNEDIN. gLIGO BROS., STOCK AND SHAREBROKERS, MAIN ENTRANCE, STOCK EXCHANGE BUILDINGS.