Page 5 Advertisements Column 5

Hawke's Bay Tribune, Volume XI, Issue 182, 25 July 1921, Page 5

MONEY STREAMING IN FOR WEL LINGTON CAS CO. 8 PER CENT MORTGAGE DEBENTURES.

OVER £60,000 IN FOUR DAYS

Remarkable proof of the popularity of this investment is shown in the big response that immediately followed the announcement of this issue.

Applications poured in at the rate of over £10,060 per day, and they are gaining in volume as a larger number of people become aware of this splendid investment opportunity.

A large proportion of the applicants are working and professional people, who wish to get the utmost return for their money, combined with safety.

Tho terms and conditions of the Wellington Gas Company’s 8 per cent mortgage debentures are such as to inspire the fullest confidence.

Tho Mortgage Debenture Stock Trust Deed means that the security is absolutely real. The trustee is the Guardian Trust and Executors’ Co., of New Zealand, Ltd. The security consists of first-class assets and the concrete assets alone have a value at the present time of £sso,ooo—twice as great as the amount of the loan now offered for subscription (£250,000). Upon the expenditure of moneys raised by the present issue tho assets will be greatly increased.

The debentures are in sums of £5O and multiplies thereof, and have a currency of ten years, 8 per cent interest per annum payable half-yearly free of exchange.

Applv for prospectus and debentures from the Bank of Now Zealand, any member of a Stock Exchange or the Wellington Gas Co., Ltd., Wellington.

Applications are coming in so rapidly that prompt action is necessary on the part of intending investors Write to-day.