Page 8 Advertisements Column 5

Dominion, Volume 14, Issue 181, 27 April 1921, Page 8

SAFE INVESTMENT FOR WOMEN. A gilt-edged investment producing earnings at the rate of 7J per cent, per annum—free of income tax—is surely one to interest investors both small and large. Therefore an unusual amount of attention has been awakened by the ,£250,000 bond issue of the N.Z. Farmers’ Co-operative Association of Canterbury, Ltd.

The bonds are offered in three denominations —4)25, .£5O, and £lOO.. They are repayable in five or ten years—from Ist May, 1921—at purchaser’s' option, as declared at time of application. They are bearer bonds, with interest coupons attached.

The fact that they will be readily transferable, without cost,. like bank notes, is a point of special importance. The bonds are payable in full on application, or one-half on application, and balance spread over three months. Interest at the rate of 71 per centum per annum will be payable half-yearly on the first days of May and November in each year.

Interest on the bonds will bo paid free of income tax. A prospectus can lie obtained from the N.Z. Farmers’ Co-operative Association, Ltd.. Christchurch, or any branch of th© Bank, of New Zealand, or any member of the Stock Exchange.—Advt,