“ALL EYES” ON HAWKE’S BAY

Dominion, Volume 14, Issue 227, 20 June 1921, Page 6

“ALL EYES” ON HAWKE’S BAY

FARMERS’ BOND ISSUE

INTERESTING NEWSPAPER OPINIONS.

(Published by Arrangement’.)

It can be truly said that the eyes of New Zealand” are upon Hawkes Bay at tho present time, in connection w-ith the issue of 8 per cent. Bonds by the Hawke » Bay Farmers’ Co-operative Association. The attractive nature of the investment, and the stability of the Company, are nlainly evident in the prospectus, and many of New Zealand’s leading journals have devoted editorial space to featuring the Issue. Some interesting quotations from these editorial are given be--lO|Thb Dominion says that' "8 P er A® 11 *;- free of income tax is a high rate to pay, and will no doubt prove attractive to many people "'ho have money to invest The recent improvement in the wool market, though modest enough iu itself, has been a niove m the right direction, and has tended to brighten the outlook a little for the fanning comniunitv It will be some time, however, before the financial stringency which- is embarrassing so many of the ' ere passes, and in the meantime the farmers’ cp-operative associations, and others, are doing their best to meet the needs of the situation. . . ■ The well-known commercial authority, "The ilercantile Gazette.” reports- as follows: “In deciding whether a concern is or is not a good risk regard must be had to two points: How long has the concern been in existence? Wt progress has the company made }- these two tests to the Hawke s Bay to and undivided prohts UP \„„I to th? handsome figure of frihnte all of the profits and not pi vide for the inevitable ‘rainy’ day- In this respect the Hawke’s Bay concern s to te complimented on their provision ot X rAn 7 ntrv journals that are familiar with farming prospects give 6 ”jf a. The “Taihape Times f port. lhe rainape (SA ■„ u?" US «•> ’» ijS g. sSSFnKX » S’Eal » an assured 8 ter wiilt 8 per cent, saleable as a banknote. wHt 8 per interest to .V l0S ?;J g.-iT is to be di»no . f “.I < ’r"hHv Tito real point. te -oi>’’ m - SS J d is'’that’the finanoial side of th « mind, is tnat ividoralists aud WOO - 1 g ltari B ta a of the ““".J." recently adopted by of I ant British furiified by rominterest offered B dcinanded to-day mirn’on TNitn tne c » For Government secnrt9/ s - Uiat - The The “Waipawa Mail can _ rate of a gafo invPS< 7 Hous too h!gh I ' . mentioned that ment. but when it « paid shareho’ldera™ should commend itself to "lt e te n an oiwrtunil'y that doe. not come Chronicled "‘ “With te Tong in satisfying its immediate "ThTTonds are in denominations of ros Jo and X1(X). Interest will te treble half-yearly on presenta^ ten of HroHu^^^rlioTbe is obtainable at any of the addresses just enumerated, or from any member of. the Stock ri-xchangs. special representatire ‘ Wsk-l-e’s Bav Farmers’ Co-operative Kfation. Ltd., will be in attendance nf The Farmers’ Co-operative M hol<”ale iTleration N.Z.. Ltd. (first floo y- 1 7’ r ' mere’ Institute Building). I/nihorston Street. Wellingten. Io J llll .'T h ' mation to all inquiries relative to <l'o Bonds—Advt.