Page 4 Advertisements Column 4

Evening Post, Volume CIII, Issue 76, 31 March 1922, Page 4

OVER £36,000 SUBSCRIBED. INCREASING~DEMAND FOE 7i PER CENT.' BONDS. ONLY £14,000 NOW.AVAILABLE. In repent issues of this paper wo have emphasised one important feature of the Fanners' Union Trading Company's bond issues; namely, that-owing to the coming of cheaper money, this may •possibly be the last opportunity the investing public may have of securing 7.J per cent, bonds free of income tax. Evidently, investors are fully aware of this point, as during the past few days there has been an increasing demand for these bonds. Applications have been received from all parts of New Zealand. On Tuesday, a cable came from Melbourne asking the company to reserve £2000 worth of bonds for an investor in that city. At the present rat© of subscription the remaining £14.000 will be taken up within the next few days. Intending investors should therefore lose no time in applying for their requirements. These bonds are for £25, £50, and £100, so that they meet the requirements of [arse or small investors. They are repayable in three or seven years, at the purchaser's option. The advantage of this ,type of holding is that the bonds are always negotiable, the holder is secured before either preference or ordinary shareholders, and the interest payable is the very substantial return of ii per cent, free of income tax, which is equivalent to 8-J per cent, subject to income tax. Interest is payable halfyearly, without deduction for exchange, on due dates, at .any branch in the Dominion of the Bank of New Zealand, or at the Company's Head Office, Hobsonstreet, Auckland. As the company has arranged to pay exchange in Auckland, investors incur no charge for Ibis item, either when remitting money with their applications or in receiving the interest and principal, vviien due, anywhere in Nov.- Zealniu), Application-.-; should be immediately handed in «t_ the nearest branch of Hv 1 Ganlc. of New Zealand, or posted direct, to the !r:M-mcr.-' Union "Tivi'liivi Company. ProS-pectus giviin; full particulars of the»e lionds is obtainable at the ,' above addresses.—Adrt.