SUN COMMERCIAL SERVICE

Sun (Auckland), Volume II, Issue 508, 10 November 1928, Page 12

SUN COMMERCIAL SERVICE

A special section for readers seeking information on financial and commercial questions is included in these columns every Saturday. Names Qnd addresses must be given in every instance, although not for publication, and inquirers are requested to send in questions early in the week, addressed to the Commercial Editor TEE SUN. (Cambridge): For a practicaiy sdt-edged and profitable investment for those willing to take a long view we could recommend little betteif Looking back over the past five vears lmlrli^ nO T * no , instan ce where fie -NT f elnss of scrip in the *5 ew z ® ala nd companies mennot reaped a very satisfacfltl both . fr °m dividend and appreciations. S.D.I. (Mount Eden): We wouldn’t be in a se H- The company is reported to be marketing the whole of its output at the moment, and although demand for the scrip may be a little weak at present, it is hard to see any justification for the contention that a strengthening of the market will not take place as the date t_i°r£ annual report approaches. H.R. (Auckland): The article you refer to was not comment. It was merely made up of extracts from the prospectus. The proposition has attractions as satisfactory profits have been made elsewhere. We do not favour that class of scrip for one wishing to build up an investment income, however. Por pne thing, we would like to point out that the holdings of the provisional directors are ridiculously .small.