WARNING TO INVESTORS
CHANGE CHAIRMAN REPLIES TO! CRITICISM Strong exception to remarks made by M_r. M. H. Wynyard, chairman of the Auckland Harbour Board, at the annual dinner 1 of the Auckland Commercial i TravellersY Association. where he 9 alleged that there was a lack of facilities for sound investment is taken by the Auckland Stock - Exchange. - ““‘e would like to point out to Mr. “'ynyard and others interested," said ‘ )Ir. (‘l. C. Cl‘eagh, clmirman of the Auckland Stock Exchange, at the mid—day call today, “that there already exists a. body—the Stock Exchange—— the members of which, as It result of a. lengthy experience in such matters, are quite competent to give a lead in regard the what securities are sound. or otherwise. ' i “There certainly are schemes which: are advanced as investment proposi—tions that “‘ould have no chance of meeting with the approval of members of the Stock Exchange. and which Would receive sount Consideration from the Exchange Conimittoe. 'I would again warn the investing‘ public of the necessity \VI‘IIL‘II undoubt—edly exists for consulting a member of l the Stock Exohunge before investing in any of the numerous schemes brought under their notice from time to time by plausible canvassers,“ concluded M'r. Crengh. ,A,,__A__Aw l
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Bibliographic details
Sun (Auckland), Volume III, Issue 722, 23 July 1929, Page 10
Word Count
206WARNING TO INVESTORS Sun (Auckland), Volume III, Issue 722, 23 July 1929, Page 10
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