Page 2 Advertisements Column 5

Taranaki Daily News, 14 December 1922, Page 2

CO-OPERATION IN TRADE

Co-operation is a vital force that has enabled a few farmers in the Taranaki district to form and foster the development, of a large commercial organisation. It is but natural that the trading vicissitudes of the post-war period have interfered with the progress nf this venture. Even the largest and the o’dest commercial institutions that have to buy and sell upon a falling market have had a severe struggle during the past few years. Private concerns have been compelled to draw upon the reserves accumulated in better times.

The co operative trading institution owned bv the farmers of th s restrict is characterised by exceptional enterprise and sound management. As a direct result it has been able to carry on successfully through the slump years without the aid of reserves. The Farmers’ Co-operative Organisation Society of N,Z.. Ltd., is young in years, and has had little opportunity to accumulate special reserve funds. Its real reserve is the uncalled capital of its many shareholders, and this represents a formidable sum. The success of this great company has been due to the loyalty of Hs members, who have been justifiably nroud of their own trading organisation. It will not do, however, for the producers -f this district to rest too serenely upon heir laurels. A little inaction and lack ■'f support at this juncture may hamper be company, and mean the loss of many •dvantages gained. The business must advance or decline, and it is for the Taranaki farmers to see that substantial progress is achieved. It is in the interests of the district that every producer should be a shareholder in the Farmers’ Co-operative Organisation Society of N.Z., Ltd.. Hawera. Moreover, it is also important that each shareholder should give his full financ al support to the movement.*

GOLDEN RAY CANDLES ARE CHEAPER! Golden Ray Candles, .manufactured in tho Dominion, are made from tho finest materials. They are equal in quality to the best imported brands and cheaper in price. Every day Golden Ray candles put up now records for long, , steady burning The light is always soft ’Rnd radiant. Tf vour grocer does not yet stock them, write direct to ns. and we will see that, you are supplied. Ellis and Manton. Ltd.. Manufacturers, G.P.O. Box 222, Wellington.