Page 9 Advertisements Column 1

Press, Volume LVI, Issue 16959, 7 October 1920, Page 9

New Zealand Farmers Co-operative Association of Canterbury Limited HEAD OFFICE : Cashel Street, Cb.ristcb.urch BRANCHES : Akaroa, Ashburton, Blenheim, Cheviot, Darfield, Hawsrden, Kaiioura, Leeston, Methren, Oxford, Rakaia, Eangiora and Seddon. AUTHORISED CAPITAL .. -. £1,500,000 1 SUBSCRIBED CAPITAL .. .. £1,149,535 1 PAID-UP CAPITAL £772,030 UNCALLED CAPITAL £376,896 BESEBVE FLTsD £190,000 l New Issue 6 Per Cent. "B w Cumulative Preference Shares of £5 each Applications are now being received at the Head Office, Christehurch, also at all Branches of the Association, for tho I above Shares. A splendid opportunity is afforded to those seeking & eafo investment for their surplus moneys. O'"- nnst record, as evinced by the following facts, speaks 1. The Association commenced operations in 1882 (39 yoars ago. 2. A Dividend has been paid every year without 1 exception. I 3. During that period, Dividends and Bonuses amounti ing to £758,700 have been distribnted. 14. Reserve Fund, which in 1908 stood at £53,287, now stands at £190,000, during that period an average of £11,391 having been added annually. 5. Tiirnovor year ended Jnly 31, 1920 : All operations, £5,501,349. 6. Profits year ended Jnly 31, 1920 : All operations, £105,719 (including Bonuses Paid). 7. Surplus of Assets (Uncalled Capital included) over Trading. Liabilities, £1,418,879. Dividends have been paid for the past 38 years, free of income tax Applications will CLOSE on OCTOBER SO, 1920, or earlier, at the option of the Directors. Forms forr.-ardcd on request. | ' E. W. EELPH, Secretary. i Christ church, September 27, 1920. lV - * s " J The Association will Pay a Commission of One and a Quarter per cent, to any member of recognised Stock Exchange on Shares through his hands.

Reduction in Price of the well known "OUALITY" Brand PYRAMID The Queen of all leas Owing to the present lower cost of FINE TEAS it has been found possible to reduce the price of 'Pyramid* to 3/6 per lb. Order this Unique Brand whilst Prices are favourable. From All Grocers!

TYRES PRICE REDUCTION I W, arc offering Ac ***** Q**' T«"» "' tht II following ad prices ; — i *n «. fS/12/- 32*4 - £13112/6 I 31x4 ■ Sam- 34x4 ■ £t411316 John Burns & Co. Ltd. 11l .. „ . Chrittehurck 111 Lichfield Street „___