Page 3 Advertisements Column 2

Dominion, Volume 16, Issue 122, 8 February 1923, Page 3

GREAT GROWTH OF MOTOR BUSINESS. ATTRACTIVE INVESTMENT. A casual glance at the present traffic will convince anyone of the tremendous growth which has taken place in motor transport. The total imports of motor vehicles, tiros, spares, etc., into this Dominion from 1911 to 1921 amounted to £16,000,000, • and it is calculated that approximately 90 per cent, of the motor vehicles in use are utilised for commercial purposes. How is this huge business financed? It has largely been done on overdraft obtained by traders who. have discounted the notes of their customers. It is to provide special finance for this class of business that the N.Z. Guarantee Corporation has been established. Ample, safe, and adequately secured business is assured to absorb tho capital to bo raised. Investors are recommended to obtain without delay a copy of the prospectus containing full particulars as io how the business will bo conducted. The Provisional Directors include tho Right Hon. Sir Joseph Ward, Mr. Sidney Kirkcaldic, Mr. K. D. Duncan, Mr. Godfrey Magnus, Mr. J. R. Gilmour, and other successful and prudent business men. Copies of the Prospectus may be oly tained from any member of tho affiliated Stock Exchanges of New Zealand, any branch of tho Bank of New South Wales, the Corporation’s Interim Secretary', Mr. Frank JI. Taylor, Box 553, Wellington, or the chief brokers for the capital issue, Messrs. A. M. Adams and Cox, 12 Panama Street, Wellington.—Advt.