Page 7 Advertisements Column 6

Otago Daily Times, Issue 18783, 9 February 1923, Page 7

GREAT GROWTH OP MOTOR BUSINESS. ATTRACTIVE INVESTMENT. A casual glance at the present traffic will convince anyone of the, vromenclous growth which has taken place in motor transport.. The total imports of motor vehicles, tyres, spares, etc., into (his 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. now is thin lingo business financed? It has largely been done on overdraft, obtained by traders who have discounted (he notes of their customers. It. is to provide, special finance for this class of business that the New Zealand Guarantee Corporation has been etsablished. Ample, safe, and adequately, secured business is assured to absorb the capital to ho raised. Investors are recommended to obtain without delay a copy of the prospectus contain ing full particulars as to how the business wall bo conducted. Tho provisional directors include the Right lion. Sir Joseph Ward, Mr Sidney Kirkcaldio, Mr IC. D. Duncan. Mr Godfrey Magnus, Mr J. R. Gilmour, and other successful and prudent business men. Copies of tho prospectus may Ik; obtained from any member of tho affiliated >'t.ccl; Exchanges of Now Zealand, any branch of tho Bank of New South Wales, the Corporation's Interim Secretary, Mr Frank H. Taylor, Box 553 Wellington, or the Chief Brokers for the Capital Issue, Messrs A. M. Adams and Co., 12 Panama street, WoU Ungton.—Advt.