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MONEY STREAMING IN FOR WELLINGTON GAS CO. 8 PER CENT. DEBENTURES. _— OVER £60.000 IN 4 DAYS, Remarkable proof of tho popularity of this investment is shown in the big response that immediately followed the announcement of the issue. Applications poured in at the rate o over £lO,OOO per day. and they ar--gaining in volume as a larger number of ! people become aware of this splendid investment opportunity. A lai-ge proportion of the applicants are working and professional people, who wish to get the utmost return lor their money, combined with safety. The terms and conditions of the Wellington Gas Company's 8 per cent. Mortgage Debentures are such as to inspire the fullest confidence. The Mortgage Debenture Stock Trust Deed meapp that the security is absolutely real. The trustee is the Guardian Trust and Executors Co. of N.Z., Ltd. The security consists of first-class assets and the concrete assets alone havfe a value at the present time of £550,000 —twice as great as the amount of the loan nr- offered for subscription ( £250,000). l |>on the expenditure of moneys raised by vhe present Issue the assets will be greatly increased. ' The debentures are in sums of £5O and multiples thereof, and have a cur* rency of ten years. Eight per cent interest per annum, payable half-yearly free of exchange. Apply 7 for Prospectus and. Debentures from the Bank of New Zealand, any member of a Stock Exchange, or the Wellington Gas Co., Lid., Wellington. Applications are coming in so rapidly that prompt action is necessary >n the part of intending investors. Write to-

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19210726.2.82.2

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 26 July 1921, Page 8

Word count
Tapeke kupu
262

Page 8 Advertisements Column 2 Taranaki Daily News, 26 July 1921, Page 8

Page 8 Advertisements Column 2 Taranaki Daily News, 26 July 1921, Page 8

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