Page 20 Advertisements Column 2

Press, Volume CVI, Issue 31081, 9 June 1966, Page 20

11 • Pasture ■*“ Turnips Barley (undersown) LAND K-jn hI LA Pasture Peas “*■ Wheat Barley 1 HEAVY a p „ t||rp I * Wheat * Barley -> Barley Hll LAND 9 KasTure |-> Barley •** Barley * FHU Any well-planned crop rotation may have to be altered at short ' notice to cope with variable weather conditions. BARLEY is fl useful at any point in the rotation. BARLEY in Canterbury follows /J these crops:— /I Following Wheat, Barley or other Cereals 46 M Following Turnips, Rape or Lupins 25 /I Following Pasture 19 fcf\ Following Peas or Potatoes 10 !/) (These figures represent the percentage of cases when barley was jw] grown after the specified crops), DECIDE ON BARLEY NOW FOR A PLANNED ROTATION, BUT CONSIDER IT ALSO AS THE L 32 BEST ALTERNATIVE CROP WHEN ALTERATIONS 0 TO THE PLAN ARE NECESSARY. ' M 846. JTiuerted in the interests of Malting Barley Grouw»~bp7~R|

INTEREST RATES UP TO 3 0/ A further opportunity to invest at high ■ ■ A / interest rates in one of New Zealand’s W W£l /f\ most successful industrial groups I /U FLETCHER HOLDINGS LIMITED The Fletcher Organisation is one of New Zealand’s leading industrial groups with activities embracing a wide and active economic field. Its interests include Construction, Engineering, Steel. Timber, | H Manufacturing, Merchandising of Builders' Supplies, Land and IHK HR Property Development, and Investment in other major industries. The Group plays a vital role in the continuing growth and prosperity of New Zealand. This investment offers first class security with a high rate of interest. Fletchers are widely acclaimed as one of the most successful in fixed interest borrowing. MMMBMB TflintfSHMllliMMHl RATES OF INTEREST 6 years 6%% per annum 10 years 6%% per annum 15 years 6%% per annum 20 years 6%% p.a. • £99% INTEREST COVER Group earnings available for payment of interest for year ended April 1965 would cover interest on debenture stock, including this issue, not less than 4.73 times. ASSET BACKING The book value of assets charged under the Deed will be approximately £2B million giving an asset backing of not MR-ya less than £3BB for each £lOO of debenture stock. INDEPENDENT TRUSTEE The Guardian Trust and Executors Companyof New Zealand Limited. ■MkWR CASH AVAILABLE FOR DEATH DUTIES The Trust Deed provides MHgjg for early repayment for Death Duties. STOCK EXCHANGE LISTING Sound investments of this type are normally listed on the Stock Exchange so that an investor may sell his debentures before maturity. Application has been made to the \ Stock Exchange Association of Nev; Zealand for the listing of this ** ■ i Investments must be in multiples of £5O with a minimum of £5O ALL COSTS OF APPLICATIONS INCLUDING BROKERAGE AND INLAND EXCHANGE WILL BE BORNE BY THE COMPANY Prospectus and application forms are available from: (a) Any of the offices of the Fletcher Group of Companies, (b) Any member of M the Stock Exchange, (c) Any branch of a trading bank, (d) The Underwriters, Daysh, Renouf & Co., P.O. Box 3648, Wellington. .tK (e) Or fill and mail the following coupon... I POST THIS COUPON TO: I I FLETCHER HOLDINGS LIMITED, • 1 J PRIVATE BAG, AUCKLAND I MK • Please send me Prospectus of the Registered Deben- I ture Stock issue. I . | 'I am interested in investing £ I I for years | | Name: I Address: I i ■ wi | This advertisement Is not and does not purport to be a prospectus. 1 UNDERWRITERS: DAYSH. RENOUF AND CO.. MEMBERS OF THE WELLINGTON STOCK EXCHANGE aea-eo