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mzmi TO THE SHAREHOLDERS AND OTHERS. This is a direct appeal by the management of the Taranaki Meat Company to its shareholders and others to subscribe to the issue of £50,000 offered to the public. No other province has benefited to the extent Taranaki has by co-operation. It has been almost wholly responsible for the success of the dairy industry, and, what applies to one industry can with equal force be applied to another. It has been stated that the freezing works is not a co-operative concern. This is quite untrue. At least ninety per cent, of the shares in the company are held by suppliers of stock for freezing, and although the method of conducting the business (being governed by the necessities of the trade) differs from t hat of the dairy industry the underlying principle is precisely the same— THE PROFITS BELONG TO THE PRODUCER. It is not necessary to d emonstrate that the works since tljeir establishment have been of inestimable benefit to the community. Every shareholder in the company will readily concede that. Is there any reason, therefore, against subscribing for the balance of the shares offered? Had the works been capable of treat ing the stock as it was offered the gain to the community would have been enormous. The saving would have been many times the amount the directors are now asking the sLaceholders to subscribe. "Time and tide wait forno man," and the foundations for the extensions ought to be started now if the work is to be completed in time for next season. That is why the directors are pressing shareholders to send in their applications for shares, without d»iay» Thaprespeets: of the industry are- very bright, but it must be remembered that the'world has not yet got back to normal, and a strong: farmers' freezing company may be a valuable bulwark against a sudden depression of prices. If you are in doubt as to the number of shares you should take- up,, just stady the following points: (a) THEI-DIRECTORS DONOT WANT DONATIONS —they are offering you an investment. (b) The company has reached the dividend-earning stage, and you can rely on getting interest on your money. ' (c) All dividends are free of income tax. (d) The terms of the issue are very easy. It takes practically three years to call up the whole amount. (e) The directors suggest that the simplest way out of the difficulty is to double your present holding of shares. They tried this method with their own shares. TARANAKI FARMERS' MEAT COMPANY, LTD.

Demobilisation. Diggers get satisfaction at Cocker's. They have travelled and know what's what in suits. H. COCKER, High Class Tailor and Costumier, Opp. Empire Theatre, Devon St. FIRE, MARINE, ACCIDENT, LIVE STOCK. UEENSLAND INSURANCE (Funds Invested in the Dominion.) District Agents: BURGESS, ERASER & CO., LTD. WEATHER FORECAST. By Telesraph—Press Assoclafcon. Wellington, Last Night. A westerly disturbance has Intensified since yesterday, and stray northerly and westerly winds have prevailed. Boisterous and showery Present indications are for high west to south-west winds, and further unsettled and squally weather, with heavy Bhowera in many parts, and snow on the higher levels In the South Island. The barometer has an unsteady tendency, rising temporarily In the south. LATE SHIPPING. Auckland, June 19.—Manuka, 10.15 p.m., from Sydney. for New Plymouth. NORTH TARANAKI HUNT CLUB. le 26.—Mr, J. Cole's, Toll-gate, July 3.—Mr. T. Skelton, Motonul.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19190620.2.23.4

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 20 June 1919, Page 4

Word count
Tapeke kupu
565

Page 4 Advertisements Column 4 Taranaki Daily News, 20 June 1919, Page 4

Page 4 Advertisements Column 4 Taranaki Daily News, 20 June 1919, Page 4

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