SAFE AND PROFITABLE

Timaru Herald, Volume XCVIII, 19 May 1925, Page 4

SAFE AND PROFITABLE

AN INVESTMENT BASED ON UNDENIABLE SECURITY. GREAT EARNING CAPACITY. . Few, if any, forms of investment iival that of participation in a- purely financial concern. Not only are such businesses free of all labour difficulties and market fluctuations that tend to embarrasses tho average commercial undertaking, but their methods of working also preservo a margin of safety denied to most enterprises. Furthermore, there are records of similar institutions, operating _ on similar principles, to guide the investor. No doubt these factors weighed with the investing public when tho first share issue of the Mercantile Finance Corporation, Ltd. (Christchurch) was over-subscribed in three weeks. These tsanio factors made tho present additionaTsharo issue of the Corporation fo* South Canterbury, North Otago, and Westland of groat importance to investors in those localities. The directors of tho Mercantile Finance Corporation, Ltd. (Christchurch) decided on this issue of capital as a result of tho demand for the Corporation's fund. It is limited to 35,01X1 £T shares at par—tho fact that no premium is being charged on this issue makes it additionally attractive. 2s tkl per share, is payable on application, 2/6 per share on allotment and the balance in calls of not more tli,an three calendar months —-though it is not at present expected that those shares will bo called to more than 7s 6d.

Applications for shares can be m.ado to any member of the Christchurch StockExchangc, to G. I) .VIRTUE and CO., TiMARU, local brokers for the Mercantile Finance Corporation. Ltd., or to tho organising brokers—Stewart lleckctt and Co., 152 Hereford Street, Christchurch. ...