FINANCIAL. g PER CENT. DEBENTURE ISSUE. The Auckland Laundry, Ltd., has a small amount of 8 Per Cent. Debenture Stock and a few Shares still available for public subscription. The fact that the Company went to allotment 23 days after the issue of the prospectus speaks for itself. The concern, which is an old established one of approximately 26 years’ standing, is unable to cope satisfactorily with its ever-increasing turnover, and the additional capital is required for the necessary extensions and to handle business which is now being turned away through lack of facilities. The new plant now being installed will permit of the turnover being increased fivefold. It will be difficult to find another investment showing the return which this proposition does, with the security it offers. For prospectus and any further information apply to 1 E. W. BROSE, Organising Broker, Bos 600, Auckland.
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Otago Daily Times, Issue 20522, 25 September 1928, Page 13
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145Page 13 Advertisements Column 2 Otago Daily Times, Issue 20522, 25 September 1928, Page 13
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