GRAMAPHONE SHARES

Hokitika Guardian, 2 June 1930, Page 4

GRAMAPHONE SHARES

VOCALION (AUSTRALASIA) LIMITED. The announcement that a Company is being formed to take over'the Factory of an English concern in Australia for the manufacture of Gramaphones, Portable Gramophone and Gramaphone-Radio Combination Sets is one of particular interest to Near 1 Zealand and Australian investors today. For the 1 ’first time the public# of New Zealand’ and Australia are to. bo- given the dpportunity of bei nyc actually interested in the Gramaphone Industry and sharing in the tremendous profits usually made by Gramophone manufacting companies. The average dividend paid by the. three leading- English Gramaplione Companies ■ for the past three years seems hardly credible, nevertheless, the following figures, which are taken from the London. Stock Excliatnge Records and can be verified toy,'anyone, go to prove that- investors in. gramaphone .company shares not only got good dividends but must also have made money through the increase in the value of these shares over that period. . . “The Ordinary ,10s shares in the Columbia GraphapUone Company Ltd., increased fropi .4*2 19s 9d each in 1926 to £lB each . in. 1929. The Ordinary £1 shares in The Gramophone Co. Ltd. (Hisi .Masters’ Voice), increased from £3 9s 3d to £l6 5s during the -same? period. The Vocalion:. Company's record, although they did no trading in ,1,926, shows that their Ordinary litres went from £2 9s 10)d in 1927 to £3 16s 3d in 1929.” The average, dividend paid by the three leading English Gramophone Companies has been for the past three years not less than 40 per cent per

annum. _ _ , The Ordinary Shares will be offered to the public At, 5 s each .and the Preference Shares at £1 each, and already thousands of these shares have been secured by ading busmsss men in the Dominion. ~ Cooies of the, Prospectus of ; Vocation (Australasia) Ltd., may be, obtained from the Company’s Broker, Campbell Paterson, PO- Box 1206, Auckland, or any licensed Sharebroker.’—l. ,