GREAT GROWTH OF MOTOR BUSINESS.

Hawera & Normanby Star, Volume XLII, Issue XLII, 10 February 1923, Page 6

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 into this Dominion from 1911 to 19°1 amounted to £16,000,009, and it is calculated that approximately 90 per cent ot the motor vehicles in use are utilised tor commercial purposes. How is this huge business finaVpdt 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* Hass of'business that the N.Z. Guarantee Corporation has neeu established -Ample, safe and adequately secured business is assured to. absorb the capital to be raised. Investors are recommended to obtainwithout delay a copy of the prospectus«ontamiße ful particulars as tX how the business will be conducted H,; p- ,P, ro£ isional Directors include the R,ght Hon. Sir Joseph Ward, Mr gfdney Kirkcaldie, Mr K. D. Duncan, Wi Godfrey Magnus, Mr J. R. Gilmour and other successful and prudent business men. Copies of the Prospectus mar be obtiuned from any member of the affiliated Stock Exchanges of New Zealand wTI bM;V Ch J? the B- ank of New «<*» Wales, the Corporation's Interim Secretary, Mr Frank H. Taylor; Box 553, .. XJoJJmgton, or the Chief Brokers for the <W. a l I 9SU e, Messrs A. M. Adams' and Co., 12 Panama St., Wellington-