Page 7 Advertisements Column 2

Taranaki Daily News, 21 May 1921, Page 7

This Building is the Central Warehouse of the Fanners' Union Trading Company in Auckland, from which its 31 Branches- are supplied. A SPLENDID INVESTMENT H 7o Free of Income Tax Issue of Bonds - £25, £5O, or £lOO each Repayable by the Company in 4 or 8 Years, at Your Option. BOARD OF DIRECTORS AUCKLAND. This desirable form of investment, while comparatively new in New Zea- tßr.nches thnughwt Auckland Mr. jas. boddie, chairman land, is now one of the standard methods of British company finance in ft.*™. <^t A FBANK oolbeck general use by many leading English concerns, such as the Dunlop Rubber hangatiki Mr. e. d. duxfield Company, Lever Bros., and others, and has the endorsement of prominent huntly Major lusk New Zealand Bankers are being well adapted to the requirements of large kaSka A i Mi. J. H. HAYWARD prymrrfiTiiA’Q Vipfa KUPAKI Mr. a. a. ross companies nere. kutabere Mr. e. somerville The advantage of Bonds over Shares is that the investor is secured ahead maungatapere of all Shareholders, both Preference and Ordinary, receives a substantial ketherton Mr. tTtdt.aw rate of interest, and is not tying up his money for an indefinite period. ongaru^ AHIA ONEW HERO The FARMERS’ UNION TRADING CO. (AO.) LM. . ... (Incorporated under “The Companies Act, 1908.”) PAPAKURA Auditor: ' ” . ’ ' PIO PIO thos. e. whitton, f.p.a. Authorised Capital ... £1,000,000 Portland <NZ -> Subscribed Capital . 568,460 ragSS?™ Bankers: * Paid-Up Capital 411,343 tii'iwi bank of new Zealand. Number of Shareholders 15,944 ™ R™® 1 & K. Ulll Solicitors: Constituting the largest Share Register of any Farmers’ Co-operative in New Zealand. (VELLSFORD WAITOMO Is#ue of £250,000, 7| per cent. BONDS for £25, £5O, or £lOO each, of which £lOO,OOO are offered for Subscription. You may apply for one £25 Bond or This Company’s Steady Growth. accounts represent less than seven weeks’ for £2O 000 worth The amount may be This Company has not only the largest sales—a record that none but a dairy province p.ia in Ml with rear application or Cj mH w-l half may be paid at once, ana me a j so t jj e i arges t merchandise sales. The fig- Auckland is the Safest Investment balance within three months. ures given below do not include wool or grain, Province in New Zealand. The income tax on these Bonds will be paid but represent only profitable merchandise. Q overnmell t G aze tt e just published, by the Company, in addition to the interest, covering the first quarter of this year, shows so that the holders of these Bonds will receive S that the exports from the Auckland province per cent, interest absolutely free from u g »•* alone were greater than the combined exports income tax. sM fiS £=s of the provinces of Wellington, Taranaki and % ’a a s § Hawke’s Bay together, and were two-thirds Attractive Conditions. 5Eg greater than the combined exports of all the ~ , ,1 n fes -<£6 ftSS provinces of the South Island taken, as one. The Bonds are repayable by the Company m £ £ £ Here are the figures four or eight years from May, 1941, the pur- n o . o f shareholders 10.700 15,944 5,244 49% . .. . „ chaser having the right to state on the apph- Merchandise Sales 985,000 1,484,513 499,513 51% Auckland Province ... £6,020,371 cation form whether four or eight-year Bonds ,(»««* to the Wellington Taranaki and are required SubSedCapital 424,620 568,460 143,840 33% Southland Bay 3 257 578 They are Bearer Bonds with Interest Con- Paid-up Capital 323,597 411,343 87,746 27% South Island 3,~0(,0i8 pons attached. Both Bonds and Coupons may Uncalled Capital 101,023 157,117 56,094 55% Since 1918 the Port of Auckland has exportbe cashed on due dates at any Branch of the , „ , e d more Produce than any of the other large Bank of New Zealand in the Dominion free AC ™a<l- P orts . of the Dominion, and now holds a of exchange, at our Auckland warehouse, or dition, our Wholesale Department in Auckland premier position -from which it is most unhkeany one of our 31 Branches. The fact that imported, manufactured, or handled on behalf ly she will ever recede. For the last quarter they are Bearer Bonds allows of their being of our retail Branches £630,854 worth of rhe figures are:— readily transferred like Bank notes fm tt S ? d Exports Imports Total. As money becomes more plentiful and the £ £ £ interest rate falls, more than likely bonds at I hereby certify that I have examined the Capital Auckland 4,306,899 5,108,666 9,409,565 71 per cent., free of income tax, will be selling ,£ H i E mn FARI^ S r T s A a? Wellington 1,308,957 4,896,273 6,205,230 ? p vvoy., xi o CO. (Auckland) LTD., and state that the above fig- T 1100 890 9 «88 MO 9 800 oca at a premium. , ~ urea are in accord with the position revealed by the Lyttelton 1,129,029 0,8119.368 Interest will be paid half-yearly—on the Ist Company’s Books at MARCH 31st 1921. Dunedin 649,065 1,700,734 2,349,799 of May and the Ist of November each year— (Signed) THOS. WHITTON, F.P.A. (N.Z.) Apply for these Bonds while they are availat the rate of per cent, per annum, lhe addition to this general prosperity, all our 31 able—we anticipate the present £100,00(1 first half-year’s interest will be calculated Branches registered big increases, the highest being Bonds now offered will be taken up promptly. from the date or dates the purchase is made. 109 per oen t. above the previous year’s figures. qq le J' armer j s the wealth-producer of New Zealand, and when nearly 16,000 shareholders The Reason for This Issue. 1921 Balance Sheet. ■ —mostly Dairy Farmers in the most prosperWhile this is a Farmers’ Co-operative, with The Company’s Balance Sheet, <»v«ing the Xef r togethe“in h a e the largest share repster of any Farmers year ending 31st Ma cll, s . . ’ prise, you have a splendid security for these Company in New Zealand, the fall in the price and in Spite of the difficult tunes being exper- B on( } s w fiil e the 74 ner cent interest free of of primary products makes it obvious that ienoed at present by many businesses.after incolß e tax makes them an exceedingly profitmany fanners are temporarily borrowers paying rebates amounting to Over £24,0C0 Ml ~ ;., v „„ tTnpT ,t for von rather than investors, which is the only reason shareholders’ purchases, the Directors Bud ' ’ for triving the City investor, as well as Far- themselves in the fortunate position of being Applications for these Bonds will be remers with free money, this splendid opportun- able to recommend, at the forthcoming Annual eeived free of exchange at any Branch of our itv of investing at 74 per cent., free of income Meeting, the payment Of the Company’s usual Company s Bankers, the Bank, of New Zeatax 8 2 r g diwideilti on Ordinary Shares, and land, or by any member of the Stock ExIn addition, the extensions to our Auckland 6 per cent, on Preference Shares, both free of change or at our Auckland Warehouse, or at warehouse, so necessary to relieve the conges- income tax, and still leave a satisfactory bal- any of our 31 or may be posted tion caused bv our rapid growth, are now fast ance to carry forward to next year. dyect to he Farmers Union Trading Co. nearing completion, which will allow of great H ° bS ° n 1 » . F At nrpsput „ .-J . . ... While the Company reserves to itself the expansion in our activities At Present The Great Province Of the right to issue the balance of these Bonds when we have on hand over 100 applications Dominion. and as it may think fit, the applications for asking our p yf arTrl ’ rnt jr i +l, f r present £lOO,OOO will be dealt with in the stores or open new branches in difterent tarm- lh e wonderful growth of our Company is • .. , . ~ • „ ing districts of this province, so that we are but the natural outcome of the prosperity of . anhacrintion the Tliverfnr reani-vo tn in a position to find immediate and profitable the Auckland Province. Its mild climate and the M X use for the additional capital created by this abundant winter feed make it the ideal P i9Bue - Dairying Province of New Zealand, while its The’Prospectus, dated at Auckland the 12th vast tracts of undeveloped lands, yet to be (] of Ma £ 1921 hag du] file(J wRh Security Protecting Bondholders. ?P eM(I "P’ aB , s "‘’ e a fut " re Auckland that n Registrar of Companies. xxri. , n u. n 1 -6 nv float far surpasses the prospects of any other part By Order of the Board of Directors, While Bondholders have no specinc or nqat- ot the Dominion. The last few months have J 1 ing charge on the assets of the Company, they proved conclusively that butter stands su- J. BODDIE R. DUXFIELD F. COLBECK rank in priority to all shareholders, both Pref- preme as a profit maker—the majority of our A. A .ROSS J. H. HAYWARD A. D. BELL erenee and Ordinary, thus giving Bondholders 15,944 shareholders are dairy farmers—that E ’ SOMERVILLE D. H. LUSK a very substantial security amounting is why our total shareholders’ outstanding D. ROBERTSON, Secretary. t 0 £568,460 our Paid-up Capital at 31st March, 1921, being ... ... 411,343 and our Uncalled Subscribed Cap- APPL-ICATION IFOR BONDS Taranaki Daily News, , ital ••• 157,117 T7e the (Directors, The Farmers' Unton Trading Ca. (Auek.) Ltd., 'Prioate tßag, AUCKLAND. £568,460 Kindly allot me/usßonds of £each, having a currency of years (See Auditor’s Certificate in next column.) in terms of Prospectus dated 12th May, 1921. I! We enclose cheque for £_ _..in It is interesting to note the rapid and sub- payment. lIWe agree to pay the balance vithin three months. (Drone HocihreaeMhiihtiernuntf wnttr mademfall.) stantial increase in the Company’s Capita] , Account. . During the last three years the p u n N a me__ Occupation Paid-up Capital has increased by an average yearly amount of £132,395, and the sub- Address scribed capital by a yearly amount of £173,987. Usual'Signature_