Page 14 Advertisements Column 5

Sun (Auckland), Volume II, Issue 460, 15 September 1928, Page 14

BARGAINS!! GOOD USED CARS and TRUCKS

SUN COMMERCIAL SERVICE E.R., Ellerslie. —Little is known of the company in Auckland financial circles. Judging: by the experience of similar concerns we consider you could find better use for your money. G. Onehunga. —No. 1.L., City.—The company you mention is registered in Australia and operates over the various States, having a particularly strong’ connection in New South Wales. 8.F., Whakatane.— There is every reason to believe that the finances of the company are sound enough. We certainly would not be in a hurry to sell for the reasons indicated. H. Te Awamutu.— The board has made several issues of debentures carrying an interest rate of from 45 per cent, to 65 per cent., according to the time of issue. These are mostly strongly held and do not often come on to the market. When they do, they sell at prices comparing very favourably with those of other reputable local bodies. A new issue of £40,000 at 55 per cent, for a term of 21 years can be expected early in the new financial year. In regard to query No. 2 we know of nothing against the issue as an investment. Allowing for redemption, the return is slightly over 54 per cent. We would be inclined to favour the 54 per cent, bonds or stocks available at par at the Government Treasury Office and maturing in 1933 if you are seeking a short dated loan, however, for the reason that they are easier to negotiate on 'Change. The issue you mentioned has not found much favour there, to date.

THE WORLD'S CHAMPION AIRMEN BUY STUDEBAKER“The World’s Champion Car” Squadron Commander C. Kingsford Smith and Flight Lieutenant C. T. P. Ulm recently staggered the world by their Transpacific flight, the most wonderful feat in aerial history, and are now the first airmen to span the Tasman Sea in a non stop flight from Sydney to Christchurch —a triumph of organisation and ability made possible by careful attention to detail, and a complete knowledge of all the finer points essential in their machine. Fl 'ght Lieu t»nant o. r. p VIM Commander C. KINGSFORD SMITH Squadron Read what Squadron Commander Kingsford Smith and Flight Lieutenant Ulm say about Studebaker: Sydney, 18th July, 1928. “The Studebaker President Straight Eight Sedan, which I recent! / purchased from you, is running so well that I am tempted to put wings on it Before finally deciding on the President Eight I made a careful inspection of all high grade cars and selected the Studebaker because I consider its engineering design to be basically correct. i wish you to know that the road performance of the President, its luxurious comfort, and the admiration it evokes among my friends has absolutely confirmed my judgment in choosing this car.” (Signed) KINGSFORD SMITH, Co-Commander, Southern Cross. Sydney, 27th July, 1928. “Smithy and I tried the Studebaker President out recently and didn’t that bus puli. I hardly remember changing gear. The President seemed to treat all hills alike —over in top. This, combined with the extraordinary comfort, and riding ease, made our run very pleasant and we were not at least fatigued at the end of the trip.” (Signed) C. T. P. ULM, Co-Commander, Southern Cross. The STUDEBAKER PRESIDENT STRAIGHT EIGHT recently demonstrated its reliability, speed and endurance by travelling 30,000 miles in less than 27,000 minutes, at an average* speed of 68.37 miles per hour. No other car in the world has ever travelled so fast, so far. To-day, more than ever before, motorists who want a really fine car, and know how much they should pay for it, are buying STUDEBAKER and ERSKINE Cars. Follow the example of the world’s most famous airmen, and buy a car that you can trust under all conditions. A new shipment of Studebaker President Straight Eight Sedans will arrive shortly by the S.S. “ Kazembe,” Book your order now and save disappointment. We cordially invite you to inspect the New Studebaker and Erskine Cars now on exhibition in our showrooms. NEW LOW PRICES: Studebakers New Erskine Six Sedans from New Studebaker Sedans from - .£495 Used cars taken in part payment, easy terms arranged. Call or write for illustrated catalogue. NEW ZEALAND AGENTS for STUDEBAKER and ERSKINE CARS. ADAMS LTD. 37 Albert St., AUCKLAND