Page 4 Advertisements Column 4

Evening Post, Volume CIII, Issue 57, 9 March 1922, Page 4

A SPLENDID INVESTMENT. 7£ Per Cent. Free of Income Tax. FAKMERS' UNION TRADING GO'S BOND ISSI7E TO HELP DAIRY FARMERS THIS WINTER. The Farmers' TJirion Trading Co.'s offer of £50,000 7£ per, cent, bonds, free of .income tax, will, it is expected, meet with a ready response, for in view of the fact that cheaper money is coming in New Zealand, this may possibly be the< last .opportunity investors will have of securing 7£ per cent, bonds. These bonds, whiclr were reserved from the : original issue of £250,000, are now being offered for the purpose of providing assistance to dairy farmers through the . coming winter. ,' We have heard so often tbat the interests of New Zealand centre in the welfare of its primary producers, that it . amounts almost to tedious repetition to I again refer to the matter. But the pre--1 sent is a time when the truth*©! this , old saying is coming home to everybody with some force, and the financing of . the dairy farmer until the world's niar- . kets reopen to him qn a satisfactory basis is a matter that concerns us all. • The real trouble with the dairy farmer at present is that while his securities are ample and sound, his cash resources , are scanty. The Farmers' Union Trad--1 ing Company has already given increased , assistance amounting to £38,000, but realising that much more must be done in this direction, it is offering the balance of its bond issue for subscription. , The bonds are- for £25, £50, and £100, and are repayable in three or seven , years at the purchaser's option. Being bearer bonds they can be, readily transferred like bank notes. Interest of % per cent, free of income tax is payable^ half-yearly, without deduction for exchange, on due date at any branch in the Dominion of the' Bank of New Zealand, or at the Company's Head Office, Hobson^street, Auckland. SECURITY PROTECTING BONDHOLDERS.' Bondholders rank in priority to all shareholders, both preference and ordinary, and as the subscribed l capital of the company is £586.750, or more than double the full issue of-the company's bonds, the margin is so great that these bonds might well be described as a giltedged security. Now that interest rates are falling, owing to the easier tone of the money market, more than likely bonds at 7-A per cent, tree of income tax will, in the neatfuture, bfi selling at a premium. Applications accepted free of exchangeat any branch of tho Bank of New Zealand or.at any of the company's thirty branches, or may be poster! direct to the Farmers' Union Trading Company, Ltd., IT'ibs'on-slreet, Anckh>»d. Prospectus, jriviiift "nil particulars of t))c«n bnnd.o, obtainable at any of the above addresses.—Advt.

.Woods' Great Peppermint OiurttwrAavt.