Page 8 Advertisements Column 4

Otago Daily Times, Issue 19465, 28 April 1925, Page 8

OPPORTUNITY FOE, INVESTORS. NEW FINANCIAL COMPANY BEING FORMED. OVER £40,000 ALREADY SUBSCRIBED. One of the most popular forms of investment in recent years is that afforded* by the several commercial companies that have been established for the financing of motor cars, machinery, chattels, and so forth. already have proved unusually successful enterprises, while a similar company in New Zealand—namely, the New Zealand Guarantee Corporation (Limited) has demonstrated the great future that exists fox these institutions in this country. The New Zealand Guarantee Corporation. (Limited), which was formed some two years ago, is now in a flourishing condition, and it commenced to earn profits a few months after it was established. Today its shares are at a premium. Realising that there is> urgent need and great scope for such a company in this district, a group of well-known commercial gentlemen have formed the Otago and Southland Finance Corporation (Limited), with a nominal capital of £IBO,OOO. Tha first issue of 60,000 £1 shares is now being' placed on the market, and over £40,000 of this has already been subscribed, and the Company has been incorporated at this early date. This means that the Company's flotation has been established beyond doubt, and it will jcommence activities in the near future. Since only 20,000 £1 shares remain to be subscribed, intending investors will need to make early application. For such a safe, j-oi'nd. and profitable enterprise there is always a. strong demand for shares, and it is anticipated that the remaining 20,000 will soon be taken up. It is not expected that more than 7a 6d per share will" be called up. The great attraction of investment in tha Otago and Southland Finance Corporation lies in the fact that the Company will commence to earn profits straight away. There is no machinery to install, no stocks to purchase. The busines; of the Company will be to make advances on motor cars, machinery, chattels, and similar investments, where there is ample security and liberal interest. There is practically no risk of loss, and the very nature of the enterprise ensures substantial profits. Another featuro that will appeal to local investors is the great stimulus it will giye to local trade and business. obtained from Messrs Quick and Smith, sharebrokers, Dunedin.—Advs.