Page 3 Advertisements Column 3

South Canterbury Times, Issue 6051, 30 October 1889, Page 3

90 FBI CENT. DISCOiT 30 PER CENT. WELL Friend Thomson, I see that after all you are going to continue with the Co-op. Thomson.— No lam not. Did you imagine it was mo that put that stuff in the paper ? r J hat is another man altogether, a discontent, one of them fellows that would let no one live but themselves. D, 0. —What do you think of my 30 per cent discount, is it not correct ? Thomson.— Of course it is; any fool can see that. D. o.—We pay our dividend every month, the Co-op balance once a year, and as a rule the bonus is CAPITALISED, and not paid in Cash, and if at any time you should require credit you will find that 8 per cent interest is charged for it. —BY GAD I would like to do business on this Ticket. VISITORS TO THE SHOW will do well to call and INSPECT OUR STOCK before purchasing elsewhere, and it will bo seen that our prices all through are at least 10 FEB CENT CHEAPER THAN ANY OTHER HOUSE IN THE TRADE. DAVID OWEBB, , THE PEOPLE’S GROCER, Main South Road and Woollcombe Street. Telephone—No. 35.

COOP. Mr David Owbes— CAN you show me how a discount of 2Jper cent per month amounts to a Bonus of 30 per cent per annum ? According to my calculation, assuming a customer’s account to amount to £lO per month, from you he would receive 24 per cent discount or 5s per month. At the end of 12 months ho would have paid you £l2O less £3 deducted for discount. With the Co Op. the same customer would at the end of 12 months have paid £l2O, and with a Bonus of 5 per cent would receive back the sum of £6, or just double the amount you would return him. Until you can prove lire correctness of your statement, I shall continue to give my orders to the Co-Op." I am, &c., THOMSON.