TIIK INVESTMENT OK KKSERVE FUKIJS.
Our nblo " Finance and Trade" correspondent, in another column of our present issue lnysdoivn an admirable rule for the treatment of reserve funds in public companies, and points out that : the Masterton Building Society, lin common with most companies in (lie colony, docs not follow it, We do not, in tbe caso of the Masterton Building Society, quite agreo with our critic, The reserve fund of tlio Society is invested in lirst-class mortgages, and although it is not cat'-mai'ked in the manner prescribed by our eminent authority, we believe the present arrangement of the Society for investing its reserve, to be in the best interests of its shareholders,
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Wairarapa Daily Times, Volume XVI, Issue 5144, 1 October 1895, Page 2
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113Untitled Wairarapa Daily Times, Volume XVI, Issue 5144, 1 October 1895, Page 2
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