Page 19 Advertisements Column 2

Press, Volume CVI, Issue 31087, 16 June 1966, Page 19

4747? j i AUTOMATIC CENTRAL HEATING Wilkins Continuous Wallboards Ltd, Tel. 64-154

INTEREST RATES lIP TO /^3 O / A further opportunity to invest at high W ■y| / interest rates in one of New Zealand’s W Jy/I Zr\ most successful industrial groups I / V FLETCHER HOLDINGS LIMITED The Fletcher Organisation is one of New Zealand's leading industrial MB groups with activities embracing a wide and active economic field. Wh Its interests include Construction, Engineering, Steel, Timber, H Manufacturing, Merchandising of Builders’ Supplies, Land and M 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 NpOMMO high rate of interest. Fletchers are widely acclaimed as one of the ■iaSSIgBSiVy most successful in fixed interest borrowing. RRMMMNHMEigMMiIMMIMMI RATES OF INTEREST 6 years 6>6% per annum 10 years 6%% per annum v 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. MBrNHiy llw -l ASSET BACKING The book value of assets charged under the Deed will be approximately £2B million giving an asset backing of not j less than £3BB for each £lOO of debenture stock. {Mtu, INDEPENDENT TRUSTEE The Guardian Trust and Executors Company of New Zealand Limited. CASH AVAILABLE FOR DEATH DUTIES The Trust Deed provides H| 1111 - 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 New Zealand for the listing of this j issue. j - 4 Investments must be in multiples of £5O with a minimum of £5O M IReSssSM in any one term. 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 wMhF M the Stock Exchange, (c) Any branch of a trading bank, (d) The Underwriters, Daysh, Renouf & Co., P.O. Box 3648, Wellington. (e) Or fill in and mail the following coupon ... I POST THIS COUPON TO: ! ■ FLETCHER HOLDINGS LIMITED, ■ PRIVATE BAG, AUCKLAND I * Please send me Prospectus of the Registered Debeo- I tore Stock issue. I | lam interested in investing £ I for years j IK J Name: I I Address: I I This advertisement is not and does not purport to be a prospectus. I UNDERWRITERS' DAYSH. RENOUF AND CO . MEMBERS OF THE WELLINGTON STOCK EXCHANGE