WHO GETS YOUR MONEY?

Otago Daily Times, Issue 14499, 16 April 1909, Page 3

WHO GETS YOUR MONEY?

YOU Oil THE OTHER FELLOW?

READ THIS: IT WILL SAVE YOU £2.

For a long time now tlio credit tailors have been charging (he men of this town 5 and 6 guineas for their suits—they've had to do it;—l hey really can't do it for less. They have (lie writer's sympathy. But when it comes to a matter of business, sympathy isn't what's wanted—sympathy for wrong methods of conducting business—sympathy for antiquated systems of manufacturing:, doesn't do anybody any 'good. The only way to help people—to help (he public—to help you in the matter is .to get in and make things dill'erent—to do things right; and that's just what I've done. I've made it possible for you to get a suit made to your measure for £2 10s,. £2 15s, £3 3s, £3 ss, £3 10s, or £3 15s, that is at least as good, and probably better, than the suits you've always had to pay tlw credit tailor 5 and 6 guineas for. It's simply by having my garments cut by the highest skilled cutters in tlio country, made by expert workers on modern lines, and (he enormous quantity of suits made per week, that I can show yuu such a saving on such a high grade suit. Then, of course, I do not give credit. [ make no bail debts, if I did, I'd have to charge you 5 and 6 guineas for my suits, too. i\'o; when you order your suit here, you pay for what you get, not for what the other fellow gets; and it's because men are too level-headed to go on paying money !or what they don't get that this business is expanding so rapidly. It's saving money for men, and giving satisfaction to all everywhere. The fact is the fellows who don't pay for their suits have been living on yuu in the past. You've hud to pay for tlieir suits as well aa your own. Cut them in the future. Kefuse to pay for what they get. I'ay for what you get, nothing more—you'll do this when vou place your order here. I have a splendid range of suitings (the newest and best) awaiting your inspection now. I wajit you to plaeo ym;r order for Easter this week, if you can. It will be to our . uitual advantage to have the order early—it will save the possibility of disappointment. Mv address is GEOHGK DAMES, 22 PRINCES STREET; and at Cbristchureh, Wellington, Auckland, Talmerston North, Wan?anui, Invercargill, and Titnaru,

i;Mc-fi.iouis ami assistants for tiii.-, further extension of i.iio Im-siniv.-. ihe directors authorised the general manager to proioed on a <:>mal mission To Ivnglaud. Voii will siw from the accounts that Mr Kirkcaldy lus been o/mpiet-elv suecesidiil in what lie war* callcd upon lo do. New :-.ha"f;- to ilit: number of 95C0 have Ikh.'H taken up his in.«trumenia.liiy, and upon these- shares ipreiiiiiniis amoiiiiiins lo £1323 have been paid. In addition lo l his Mr Kirkcaldy, while in England making l-iiteo ami other ai-rangemonis in icnn'.'Otion wiili the commencement of I lie ordinary branch, personally -elected and engaged n. number of Uaiiied Kuperintriidtnls and assistants, who relinquished good pevsilion.; with leading Home otlic,-s to join our slatf; and 1101* 1 .should like, on Mialf of the directors and myself, to express our appreciation of the eH'ort,-. of i.he general manage.', Mr Kirkcaldy, ami of 1 lie skill and ability be has shown in the affairs of the company."

.Mr A. Hathgalo said he had much pleasure ill seconding the motion for tho adoplion of ill*' re[wirl and balance slieer. The ncoounts bespoke dccidcd_ progress. A company of'this bind roitrht in its earlier yeiud b« likened l« a obikl which n'cpiired great attention a.ml liuming um.il it attained a:n ago when it. could walk well and sturdily. Thai \va« now the petition of the company, a position that was Juost satisfactory. Jle heartily congrat,ulaite<l the diredors and nianagoJiM'iit u;wn tlio results of the year.

The motion was carried.

Tho (ieneral Manager, in reluming thanks, said:—"Tho continued growth ol the bnsimss necessarily increases tho work and responsibility ol the whole stalf. 1 am pleased to testify to their loyalty and efficiency, and in this connection I must upecia.lly recognise the excellcht services rendered by our actuary, Mr Al'Arthur, who is now busily engaged upon the quinquennial valuation. 1 would like to pointout ;Jiat although an excellent increase was made in l.hc premium income, it does not. fully represent tho progress made by the company during the year; the mi? test of progress is the increase made in the collcciible tlebit. The following figures, ooinoaring tho results of 1907 and 1908, are interesting: In 1908 the now business charges itiureasrd by 52 per c-Mit., the increase in inconic by 80 per rent., and tho increase in collectible debit by 166 per cent, over the figures for 1907. ,'l'ho value of the latter figure is shown by the fact, that for the first quarter of 1909 the iucroaso in income is more than 100 per (V:ivt. greater than -in the convspfiiding quarter of 1903. I should a'so like shareboklors to fully aipreeiatc that t.he company was able to show ;ui addilion lo the funds of £5594 Is sd, as against £4207 lis M for the previous ysav. and tin's after sptwding' £2978 16s 7d more in ' special o'xionsion of business' than wo spout in 1907."

Dr Roberts wa« uiianimously rc-<'l«eted director, and Mr George lilyth audjtor.

Th<. meeting iheu terminated with a voto of thanks lo Ibe I'hairninn. 16409

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