G.eat interest has been aroused in. ihe local business community of the announcement, that' the Traders’ Finance Corporation will shortly commence business. Such an institution as this will, it. is felt, prove a boon to the tfadef and an excellent investment for the genera! public. The backing, of the concern bv prominent Auckland men is almost unique in its strength, and if the mandge:- : 5 ment is conducted along prudent lines, there is every reason to anticipate sue- * cess. Such corporations as these have been'in existence for a, considerable period ill Canada and the. United States, while at, closa quarters the recognised success of the Australian Guarantee Corporation and of the New Zealand Guarantee Corporation is an indication of the probabilities open for this of, business. The most- stirking- featured of all such investment companies is the low proportion of their capital which is 1 called up, and there is probably no such corporation in existence whose ordinary shares are called to more than ten shillings. The Traders’ Finance! Corporation will in the near future appoint a capable accountant as its local agent, and alb applications for Gisborne advances will be received and reported upon bv him.*.
A “Stradiphone” ’costs you only half the price of any gramophone on the mar* ket, the tone production is far superior, the cabinet is most artistic. Send for our catalogue, post free; or ring No. 11, and our salesman will call for vou to ?iv© a demonstration. PO. Box 106. Factory ; Cobden Street.*
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19240802.2.32.6
Bibliographic details
Poverty Bay Herald, Volume L, Issue 16498, 2 August 1924, Page 6
Word Count
250Page 6 Advertisements Column 6 Poverty Bay Herald, Volume L, Issue 16498, 2 August 1924, Page 6
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.