Page 12 Advertisements Column 2

Sun (Auckland), Volume II, Issue 614, 16 March 1929, Page 12

SUN COMMERCIAL SERVICE Trader" (Papatoetoe) .—Write to the head office, New York. X.Y.Z." (Grey Lynn). —The company has been in existence since 190 G and throughout the whole of that time paid a steady dividend rising from 5 to 8 per cent. It is considered to be very soundly managed. Investor" (Ellerslie). —We think the debentures should be good buying. The concern will practically control the local market and is producing an article for which is a growing demand. A special section for readers seeking information ov financial and commercial questions is included in these columns every Saturday. Names and addresses must be given in every instance , although not for publication , and inquirers are requested to send in questions early in the week , addressed to the Commercial Editor THE SUN.

AMALGAMATED BRICK & PIPE COMPANY, LTD. Reasons why You should apply for Debentures, It is the considered opinion of many prominent business men that not for a very long time has such an attractive investment been offered to the New Zealand public as the 7£% First Mortgage Debentures featured in the prospectus just issued of the Amalgamated Brick and Pipe Company, Ltd. The following are six outstanding reasons why undoubtedly the Debentures will be taken up quickly: Issue of £ ISO,OOO of FIRST MORTGAGE DEBENTURES at 71% « 2 1. 2. 3. 4. 5. Intending investors are advised to make early application for a prospectus, which may be obtained on application to Messrs. Colbeck and Griffiths, or to any member of the Stock Exchange. Rate of Interest is Attractive. Seven and a-half pet centum is certainly a substantial return on invested money, particularly when the security is as great as in the present instance. Security in Undoubted —Experts Valuation £374,564. It embraces the valuable and extensive freehold pro£>erties and plant of four of the largest and most successful Brick and Pipe Works in the Dominion, which will be further strengthened by the continuation of the past successful management. Four of the directors have had lifelong experience in the clayworking industry, and the remaining directors have had extensive experience in the organisation and management of the industry. Sinking Fund is Provided. Investors’ attention is drawn particularly to the provision for the establishment of a substantia] fund for the Amortisation of the Debentures. This factor gives greatly added security to the investment. Debentures Should Go to a Good Premium on the Market. Application will be made to have the Debentures quoted on the Stock Exchanges of New Zealand, and they will undoubtedly reach a, substantial premium in a short time. You Are Supporting a Sound Profitable Local Industry. Tho Brick, Tile and Pipe-making industry is one of the essential industries of any progressive country, and its success naturally follows the development of the country. Acknowledged authorities agree that New Zealand is now’ entering upon a period of advancement and prosperity, and this prosperity must, in the nature of things, be shared by the Brick industry. 6. This is the Age of Big Business — Mergers and Amalgamations. Remember the success that has attended the merger of the Cement interests and the N.Z. 'Breweries. The industrial stocks of such amalgamated companies rank highest in the investment market, and AMALGAMATED BRICK & PIPE COMPANY LIMITED is destined to take its place with such successful concerns.