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GISBORNE KNOWS GISBORNE. MORTGAGE DEBENTURES IN GREAT DEMAND. Gisborne people know Gisborne and the East Coast district—they know tne men behind the Gisborne Shoepfnrmers’ Company, which is issuing -£3O»*.OOO of per cent. Alortgago Debentures. And Gisborne leads in the great demand for these Debentures, in spite of the fact that the producers there have been hard hit by the slump prices of primary products. . . Figures talk; listen. Within eight days of the first announcement, the propie of Gisborne subscribed over .£52.000 to the issue. ~ ~ _ . . Keen investors all over the Dominion are applying for these Alortgage Debentures, earning 71 per cent, "er annum for ten years, free of debenture tax. The .£300,000 issue is secured by first mortgage to Trustees (the N.Z. Insurance Co.. Ltd.. Auckland) over property and plant valued at 22615.263. Apply to-day for Prospectus or Debentures from the Bank of New Zealand, any member of the Stock 'EiTchange, or the Company’s Office. Gisborne. A special representative of the Gisborne Sheepfarmers’ Frozen Aleat and Alercantile Company, Ltd., will be in attendance at the Farmers Co-operative Wholesale Federation, N Z.. Ltd. (first floor. Farmers’ Institute Buildings, Featherston Street, Wellington), to give full information to all inquirers relative to the mortgage debentures mentioned above. '—Advt. i

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https://paperspast.natlib.govt.nz/newspapers/DOM19210713.2.65.2

Bibliographic details

Dominion, Volume 14, Issue 247, 13 July 1921, Page 6

Word Count
205

Page 6 Advertisements Column 2 Dominion, Volume 14, Issue 247, 13 July 1921, Page 6

Page 6 Advertisements Column 2 Dominion, Volume 14, Issue 247, 13 July 1921, Page 6