Offer of Purchase by an American Syndicate London, Jan. 30.
There is keen competition for Jacquisition of the assets of Wolseley Motors, La., which are in the hands of the Bankruptcy Court. Mr. W, R, Morris's offer to take over half the stock is waiting the Court's approval, but a final offer was made by an American syndicate which has decided, their representative says, to put the assets up to public tender.
If the offer is accepted all cars will be made in England and sold in /America on the hire purchase system, They plan to make. 25,000 cars anually to be sold at £250. each, payment being ever a period of three
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