"Fiat Lux" Replies

NZ Truth, Issue 1215, 14 March 1929, Page 19

"Fiat Lux" Replies

"Debentures" (Oamaru): The s affairs of the concern you mention are reviewed annually m these columns and from a close study of the accounts over a period of years this writer has every confidence m the stability of the securities you refer to and considers them m every way thoroughly giltedged. "Investor" (Hastings): John Fuller and Sons* Debenture Issue was favor^ ably reviewed m these columns recently and the writer believes the investment to be a thoroughly sound one. "Trees" (Kaukapakap'a) : Countless thousands of reams of paper have been used to argue the pros and cons of forestry bonds m general, and whilst some few schemes do "appear to have a chance of showing investors a decent profit this critic believes that some of these concerns will prove a disappointment to those investors who live long, enough to see the consummation- of the schemea v • In your case the writer would recommend a P.O. Savings Bank account, and as sufficient, funds are accumulated therein buy from time to time a five-year Post Office Investment Certificate for £7/15/- which returns you £10 at the end of five years, the interest being 5% per cent.