A RICH INVESTMENT.

Press, Volume LX, Issue 18231, 15 November 1924, Page 3

A RICH INVESTMENT.

£IOO EARNS £BO INTEREST IN TEN YEARS. Investors wishing to v^ke t355, money earn the maximum cannot afford to overlook the opportunity offered in the Second Debenture Issue of the Westport-Stockton Coal Co., Ltd., of £15,000, for a period of ten years, the company offering 8 per cent, free of income-tax to debenture holders. This means that an investment of £IOO returns in ten years £BO interest plus the original £IOO. The principal security offered is a fully developed colliery at present producing an output of more than 600 tons, per day (which, moreover, can be increased), antt a coal field which has already been proved to contain enough coal to last for the next 50 years. The for the past ten years has been no less thanVoSp- tons, the total output to date being just on two millions tons Applications for debenture forms can bo secured from any branch of the Bank of New South Wales, or from thejsecretarv of the company, Mr O. G. lowns eH F.I-A.N.Z., Regd. Accountant 183 Cashel street, Christchurch. *

An Inveicargill business man remaned to a "Southland **»>£.£ T,nrrer in connexion with the anoiver ******** Day, that it would whiter to cut out observance of to Scutes' aUenca altogether, if it Ss going to be obaerved tie way it wS that morning at the Botunda. He had been surprised and disgusted to see the way so many people simply ignored lite ccrexnogy.