Page 7 Advertisements Column 4

Taranaki Daily News, 28 May 1921, Page 7

This Building is the Central Warehouse of the Farmers* Union Trading Company in Auckland, from which its 31 Branches are supplied. The annexe in Wyndham Street will be officially opened on Thursday, June 16th, by His Excellency the Governor-General, Viscount Jellicoe, K.G.GB., 0.M., G.C.V.O. Buy 7s/. Bonds Bonds of £25, £5O ? and £lOO each, Repayable by the Fanners Union Trading Co» in 4 or 8 years at your option What w a 7j% Bond ? What is the reason for Issuinff these Rands ? i ’ nc . ed at P resent b y raa "y businesses, after A 71 per cent. Bend is an acknowledgement ® * Paying rebates amounting to over £24,000 on on the part of the Farmers’ Union Trading The U]l in pri(jc Qf pr;mMy producte bS tUt you haw rnreated for the per- resulted in many farmera being temporarily able to recommend, at the forthcoming Anlod stated on the Bond (Four or Eight years) borrowers rather than investors, and for this nua l Meeting, the payment of the Company’s the sum stated en the Bend (£26, £6O, or reason, imitead of calling up more share cap- UBUa l 8 per cent, dividend on Ordinary £100) at the interest rate of 7| per cent, per ital from its thousands of farmer-sharehedd- Shares, and 6 per cent, on Preference Shares, annum, Free of Income Tax, and binds the ers, the Farmers’ Union Trading Company is both free of income tax, and still leave a Farmers'' Union Trading Company to pay giving the City investor as well as the Far- satisfactory balance to carry forward to next this interest evorv six months and the fuli mers W,th free ™® Be, y> thls splendid oppor- ye *r. this interest every six months, ano tne run tnnity of investing at 7J per cent, free of amount of the Bond at the end of the period income tax. J stated. In addition, the extensions to the Farmers’ Can I RttV One GT -rgri .1 A J a Union Trading Company’s Auckland Ware- J What are the Advantages heuse, so necessary to relieve the congestion RftnAs - - B J caused by rapid growth of business, are now ’ of these Bonds over nearing completion, which will aHow of great expansion in the Company’s activities. At *ou can apply for one £26 Bond or for tjhareS • P rcsen t time this Company has on hand £20,000 worth. The amount may be paid over 100 applications asking it to take over * n w *th your application, or half may .... existing stores or open new Branches in dif- at once, and the balance within three The advantages of Bonds over Shares are.- f e rent farming districts of this province, so months. Applications will be received FREE The investor u secured ahead of Sharehold- in a poejtion to find ’ an(J OF EXCHANGE. Full particulars of these ers, both Preference and Ordinary; he re- profitable use for the additional capital creat- Bonds given in the Prospectus, which is /bbceives a very substantial rate of interest, and by this issue. tainable at any of the addresses below, he does not tie up bis money for an indefinite period, as the Bonds are repayable in Four er Eight years from May, 1921. (The . n 17*11 *•» A /* A* purchaser has the right to state on the Appli- Vrhat SeCUrity PtOteCtS rill in lite Application cation Ferm whether Four or Eight-year n 11 1 1 O liolrmi Bonds are repaired.) The faet that these Bondholders i F OTm OCIOW Bonds are Bearer Bends allows of their being . readily transferred like Bank Notes. While Bondholders have no specific or float- take it to anj’ Branch of the Bank of ing charge on the assets of the Company, New Zealand or to our Auckland Warehouse, they rank in priority to all shareholders, both V' Or to any of our 31 Branches, or to any / $ - , , -j Preference and Ordinary, thus giving Bond- member of the Stock Exchange, or you may How and when IS the l holders a very substantial security amounting post it direct to the Farmers’Union Trading > 0 ito ... ... £568,460 .Co., (Auck.) Ltd., Hobson St., Auckland. Interest paid , Paid-up capital at 31st March, 1921 4ll 343 A PPIy while these Bonds are available—we The Bonds have Interest Coupons attached and uncalled subscribed "capital 157,’117 anticipate the present £lOO,OOO Bonds .now which may be cashed on Ist May and Ist No- offered will be taken up promptly. The Farvember each year at any Branch of the Bank Total £568 460 m6r * s wealth-producer of New Zealand, of New Zealand in the Dominion, at our ' ’* and when nearly 16,000 shareholders—mostly Auckland Warehouse or at any of our thirty- These figures have cert jg e< i by the inw/in the Dominion—band thmnselves"toone Brandies. Each Coupon is in effect a Company’s auditor, Mr. Thomas Whitton, gether in a great co-operative enterprise, you cheque for the amount due as interest. F.P.A. (N.Z.) have a splendid security for these Bonds, while the 7| per cent, interest, free of income The sound and prosperous condition of the tax, makes them an exceedingly profitable indoCS the TYG.dills Company is shown in its Balance-sheet, now vestment for you. Company Issue Bonds iWea Jof caZZing up application for bonds Taranaki Da ”y Ne ’«- ijnare capital • To llu ‘Direclon, The Farmers'Union TraJing Co. Muck.) Lid., VrlMie Sog, yIUCKL/!ND. Tha Farmers’ Union Trading Company will ; „ I r> j r * require to pay only 3s. in the £ Income Tax j ailot me / as . .......Bonds of £ each, hating a currency ofyears, on these Bonds, as against 8/9 in the £ on its : Share Capital. On this account the actual 1 m terms of Prospectus dated 12th May, 1921. I! We enclose cheque for £. fo fulllhalf cost to the Company will really be less than : , , , , , , what it pays on its 6 per cent. Preference i JlWe agree to pay the balance ndhm three months. fa*,p Shares; that is, when taxation is taken into : consideration. It is obvious therefore that i p a ll flame Occupation this Issue of Bonds is a much more economi- • cal method of finance than calling up further : Address share capital from the Company’s farmer- j ———————.- 1 ; shareholders. : : Usual Signature ~

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