SUN COMMERCIAL SERVICE
A special section tot readers seeking information or financial and commercial questions is in eluded in these columns every Saturday. Names and addresses must be given in every instance , although not for publication , nnd inquirers are requested to send in questions early in the week, ad dressed to the Commercial Editor THE SUN. Investor (Hamilton).—Seven per cent. The company closes its financial year on Mav 31. T.S. (Mount Eden). —There is no market for the scrip. Coal (Waihi). —The company you refer to was floated in Welling toward the end of last year. It is very difficult to get reliable information as to exactly what response the promoters got to their appeal for share capital, apart from the mount sufficient to go to allotment. Inquiries in Auckland regarding what the company is doing have proved fruitless. The shares are not quoted on ’Change. In answer to your inquiry we would say that undoubtedly you could find a better avenue for your capital. If you are a holder of the scrip, we would suggest that it might be advisable to hold meantime.
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Bibliographic details
Sun (Auckland), Volume III, Issue 672, 25 May 1929, Page 26
Word Count
184SUN COMMERCIAL SERVICE Sun (Auckland), Volume III, Issue 672, 25 May 1929, Page 26
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