Page 11 Advertisements Column 2

Evening Post, Volume CIII, Issue 56, 8 March 1922, Page 11

The Farm«.' Union Trading .JSmmfflff f | flf !|nf ' The Farmers' Union Trading . VIEW OF THE FARMERS' UNION TRADING CO.'S WAREHOUSE FROM NELSON STRMT, To Help the Dairy Farmer through this Winter Only £50,000 Offered The Dairy Farmer hat k«en severely affected this season by the slump in butter, BUT HIS ULTIMATE PROSPERITY IS ASSURED. Wool and Mutton have turned the corner, and are now moving steadily upward. Latest reports show that the meat situation is improving. Butter, also, will soon be on the up-grade. The world's markets will then have re-opened to our farmers at remunerative prices. Meantime, our Dairy Farmers need assistance through the lean months of winter. Their securities are sound, but their cash resources are scanty. They are temporarily borrowers, rather than investors. Naturally, the farmer looks to his own Company for support, and already the Farmers' Union Trading Company has rd? 3 •ponded by increased assistance amounting to over £38,000. But the Directors realise that much more must be done to help our farmers, and for this reason they have decided to offer for subscription £50,000 7i per cent. Bonds, Free of In* come Tax—these Bonds having been reserved from the original issue of £250,000. Now that interest rates are falling owing to the easier tone of the money market, this may possibly be the last opportunity investors may have of securing 7$ per cent Bonds, Free of Income Tax. It is therefore expected that the £50,000 novi offered will be promptly subscribed. PROSPECTIVE RISE IN VALUE What "Free of Income Tax" means to Investor COMING 6F CHEAP MONEY.—The fall in the Bank of England rate to It should be noted that pmrehasew of these Bo»4s reoeiTO 74 per ottrt. net 4} per oevit., the loweet since July, 19U, has Bean followed by a period of as the Company will pay the income tax to which Ml bomds awet debeaturet .;■ . extraordinary activity on the part of the British investors. Millions of pound* aw subjeot. For this wagon, the* Bonds are iMere *r»fttable th«n SI per f worth of securities have been bought in a few hour*. , . , . . c*Dt. geountiee, which are NOT free of intone tax, as the latter yield lew The Victorian Loan «£ 4*,»00.«G« ioaued at » aiid tyariwr 5J per cent. tbaj] n • op to „,„,. £7 4, M- M9O ooaipared witk £7 10s. '" jSXm"* *rabßCriV*<l "tW h°W' «ti*°nrt<>u ameutiDi tt per interest on the bend, wnr offered. Or if you Inrest *108 In ■■'"'.' f our jearg a t g pg T cent., snbjeet to income tax of Si. in the S, you will n» : A Siamese loan of at T per cent, at par was larfftly orer- Mi^ jugt ow 5 m cent oleftr t^tion, or £39 g,., wh er«M thrnt b««* •übeoribed within one how. '' ?| per ..^^ or miß :Mmt j^^ .■ _ ; All the recent Colonial issues are being quoted at larfe premiums. For , .''. example. South Australian•' Loan Serip is quoted at JX Sg. premium, City of , . i ■■■ \." ■ \ ' Sydney Ix»tt .t >Se .premium, «d He* South Wafe. .Loan at JH 2s 6<*. SECURITY PfOtCCtillg BONDHOLDERS A keen demand for *ilt-edged securities is also noticeable in America. _ ■-„.,, ot v,^ t'u. » «_. m P,*pl e m inTwtinn large sums in what they term "exempts," that ie bond* Bondholder* rank in pnonty to all Shareliolderi, both Piwftrttaee ani er debentures flee of inceme tax. Ordimary, ami as the Subscribed Capita] of the Company ie jgMfiJM, or inert Cheaper money is aßs a r*dly conyn* in New Zealand, a-n* thoee who ate than double the full issue of the Ctompany'* Bowfe, the maxfin is io freat that hr-minsoamth to purchase 71 per oeut. Qaods fre« of -income tax will these Bonds might well lie deaoribed as a RilUd*td security. The part of . m»m than likely find them eellisK at a premimn. our Bo»d i eß ue offered last year was largely OTeMTibwribea, and as the PALL IN COBT OF LIVING.-The steady fall in th« cost of living will , security prokctfn* Bondholder has sinoe been morewed by mm, prompt also t»nd to enhance the value of these bond*,-for it is obvions that with „ .„ . . ' „ •■.,,., . „„«~ tho doclliie of oommedity priqe., th* h^h r*t« ef. gxed invest « Bo,^* —aetw. will, he necessary to seoure a portion *| the sm«ll b a t«p ß e at £S9,m b»som»«__c]eoid«4ly niore attraotiye., ' " ' sow offered. STATEMENT OF FINANCIAL POSITION . ', . March 3). 1921. January 31, 1W». lecreaM. fTrBSCRIBBD CAPPTAt „....-..■'.■! . JgW,W 418,480 PaW „ 41J,3tS - *7*,*6* , MAll ■ ,-~ Dilrffig the len months since *I«jch, 1931, •..e have deoreased our Bills Payable irem '^es^Sl* <s ,-^25, and fcare'now no foreign indebtedaeWi m we pay epot cash in Londton and NeTf^fork -through our own offices for all foreign purchases. - • We have repaid JttMl.Vn of money on deposit, and have built up a Reserve A/c. of te meet ftny further oallg in thi« ( dteeotieOi . " We htve completed the payments for our new Building, which is werth and is now, absolutely foe* »f debt. AUDITOR'S CBRTIFICATE. ( I hereby certify that I hare examined the m»k« of the Farmtr*' Union Trading O. (AnckUfid), 1t4., a*^state th'at tKe aiJOVe Ifnrti an in noeird with tho position reveakd by the Conipuny's Boeku at January 31, JWB. . " -. ' . (Sifned) THOS. E. WHITTMf, P.?.A, (N.8.) The nnaaojal Mrength of oar Company U behind this Bend i|jra», ae well «s the (woKritieg we wilj take from the faraws whom we aesist with the raeney iwibswibed. if* hare already *<Sw»no«i ts our clients epioe thty began to feel the pinoh, but in view of the Dairy Famere' needs dw- - in« the comins winter more money ahould be uvnilablo to r«;4w fiir(;hv£ e^rifiUmoe, a,sd for thw reaioa we are eferisf the balaaee ef ear Bond lmue, the whole t* which will be u»ed f«r this pnrpow. _ •,/>, J } .' r '• i' ; FACTS ABOUT THESE BONDS Bon»* of ThP*« B«W»»iWtto«*-'JK|». &*? «*<* '«?•• -<M Interest TJ per cen*., free ef iaeeme t«*, pKyable haW-y«»Jjs, WITS6WP ■En »»y eppty f« one Mi Bm^, or £Ml* wort^. > "«.•* deduction t« e*oh^ne. • Amount »ay be ?aid in full with yottr «»«<»««, or ha« may W» pk!4 B*>rer »«*« with Intewet o<Supw attaoked. Both Bond* Md CloupoM iunoam ■», «. » . »W be oashedl on due dates at any Braneh of the Bank of New Zealand is *t «oe •** beWw» » thm mmtht. , thf p«^«, or at o»r Auckland Warehow., Hobwn Street. r«#»yt*le ia » sr T yeaw »t optiw of purchaser. **"* »»«r Beads they 'ew be readily transfemdl like Bank Note* A DDT tr'ATIAM WOP ftOMDQ ... sWCI * *"»p»«us giTOII in the f roiptct^ wMoh ig ArrLluA 11UJN JrUK ourNua Appli«*ttens A««^t»d t*»t»fß»bk »*,„,•£ tu .«4 rw^ «A»D IN AT AWT BBjAI^OH <HP "*B» BAI^ OJ JWW BBAI4JTO ™ ' "" OB POST BJ&BtfT TQ t«. K0 tm *»«rroß ß> ef Bxchtnf# fill IN YOUR APPLICATION NOW> mS*<*m'm't I Be Wftheßan k efNew Z ea,and,ortoo«Auckl4 * ' Warehouee, or to, any «f oitr 89' Branohes, w you m*y port it direct t« Kindly allot "?* Boatia «f' r4.tfsS:<. en*. Wtiaf a e*W*»By of •••»(,(>«[■• years <*• Farmere' TTnion Trading Compuny (Auok,), Ltd., Hobson Street, 'AnckTandij . Application* accepted Free of Bxehange. so that it cost* you no exehsmje ,t» ft tems of Preipectne daied l»«i day ef Jtty, MM. I eaeloee ofa^n* fov ..;r.n., i 'rJ.... 1 .T. i '... in I*mit the "on*T u» or *• Moeiw **• il*««'»»t ■»* friwsiprt wkw dn. » W . ' • we . Where in New Zealand. " peflHeat. e egree to pay the balance withia thrue months. f T^^l , , . ♦ T T 9 (Draw * line through this l«tteir part if payment ia »»d« in full.) fH <^\ jJ^Q I \t^4f\4 0\ M,« T , i anilCro vJlllOil r-::::: = :r:r:r:=:ri:. Trading; Co. ;■'"■■"■■""•■■"'" to'"'-v w ■*'■'■ •^<SlU"'- •—'•' v Th« F|rjwwrj' Gr«j| QfOMfittye, Awklwi *BtM»h«