Page 2 Advertisements Column 3

Southland Times, Issue 21099, 3 June 1930, Page 2

GRAMOPHONE SHARES. The announcement that a Company is being formed to take over the factory of.an English concern in Australia for the manufacture of gramophones, portable gramophones and gramophond-radio combination sets, is one of particular interest to New Zealand and Australian investors to-day. For the first time the public of New Zealand and Australia are to be given the opportunity of being actually interested in the Gramophone industry and sharing in the tremendous profits usually made by gramophone manufacturing companies. The average dividend paid by the three leading English gramophone companies for the past-three years seems hardly credible, neverthe'ess, the 'following figures, which are taken from the London Stock Exchange Records, and can be verified by anyone, go to prove that investors in gramophone 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 10/- shares in the Columbia Graphaphone Company, Ltd. increased from £2 19/9 each in 1926 to £lB each in 1929. The Ordinary £1 shares in The Gramophone Co., Ltd. (His Master’s Voice) increased from £3 9?3 to £l6 5/- during the same period. The Vocation Company’s record, although they did no trading in 1926, shows that their Ordinary 10/- shares went from £2 9/101 in 1927 to £3 16/3.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/- each and the Preference share sat £1 each, and already thousands of these shares have been secured by leading business men in- the Dominion. Copies of the Prospectus of Vocalion (Australasia), Ltd., may be obtained from the Company’s Broker, Campbell Paterson, P.O. Box 1206, Auckland, or any licensed Sharebroker. —Advt.