Page 2 Advertisements Column 1

Bay of Plenty Beacon, Volume 3, Issue 260, 20 January 1941, Page 2

DOMINION OF NEW ZEALAND lIP' NEW ZEALAND GOVERNMENT ' NATIONAL DEVELOPMENT LOANS Authorised to be raised in accordance with the provisions of the New Zealand Loan* Act ; Z932, the interest and principal are a direct charge upon the public revenues of the Dominion* Issue of Stock in either of the following forms: per cent. Stock 3 per cent. Stock repayable ISth January, 1956/1959 repayable Ssth July, 1945 First interest payment, 15th July, 1941 First interest payment, 15th July, 1941 PRICE OF ISSUE: PRICE OF ISSUE: £97 5S* per cent. £100 per cent. Payable on Application Payable on Application « * ; 4 Interest pa/able ISth January and 15th July f" ■ . : \ THE RESERVE BANK OF NEW ZEALAND gives notice that, on be- The ultimate repayment of the Public Debt of the Dominion is, in the m«n half of the Minister of Finance it is authorised to receive applica- provided for under the Repayment of the Public Debt Act, 1925, in portions for the issue of stock in terms of this Prospectus. suance of which New Zealand's debt-reduction resources shall be applied . in the purchase and redemption of New Zealand Government securities at PURPOSE OF LOANS. The proceeds of these Loans are to be utilised or before maturity. For this purpose there is issued annually out of the * , for general developmental purposes comprising railway construction and Consolidated Fund a sum equal to i per cent, of the Debt affected, and to J improvement, hydro-electric development, land development and afforesta-, this is added a sum equal to 3 J per cent, per annum of the Debt paid off tion, housing, roads and highways, and public buildings, including telegraph under this scheme. The Repayment of the Public Debt Art applies to the and telephone extension. major portion of the Dominion's Debt, certain loan 9 for which adequate. ccriTOTTTcc IVT n, i jo « , . ' . sinking-fund provisions are specifically provided, and also the portion o£ SECURITIES. New Zealand Government Stock will be issued in either New Zealand's War Debt funded with the Imperial Government, having of the following forms as applicants may direct:— been excluded from the Debt Repayment Scheme. (1) Registered Stock transferable by Memorandum of Transfer. TRANSFERS. The Register of Stock will be kept at the Reserve Bank of - (2) Stock Certificate (s) to bearer with coupons annexed. New Zealand, Wellington, where transfers will be registered without payRegistered Stock will be convertible into Stock Certificates to bearer, ment of any fee. Stock will be transferable in amounts of £5 or multiples . and Stock Certificates will be convertible into Registered Stock, without pay- thereof. ment of any fee. Stock Certificates (until the name of some person is inserted therein as the holder) are transferable by delivery. A TRUSTEE INVESTMENT. Trustees may invest in these Loans under _ the powers of the Trustee Act, 1908, unless expressly forbidden by the in- CERTIFICATES OF TITLE. If Certificates of Title evidencing ownership strument (if any) creating the Trust. °f the stock are required applications should be made on the prescribed form. No fee is payable for the issue of a Certificate of Title. INTEREST. Interest will be paid half-yearly on the 15th January and 15th STAMP DUTY. Transfers of this stock will be exempt from Stamp.Duty. ' July. Ihe first interest payment will be calculated from the date on which r ; the application, accompanied by payment in full, is lodged with any Re- MINORS. Any person of the age of ten years or upwards may be registered v <$' ceiving Agency nominated in this Prospectus, and will be made on the half- as the holder of stock and may execute transfers thereof. yearly interest date next following that date. Interest on Registered Stock will be paid free of inland exchange by means of interest warrants, which EXCHANGE ON REMITTANCES. Cheques in payment of amounts -q will be transmitted by post at the risk of the stockholder. The Reserve • subscribed to these Loans will be accepted free of inland exchange. Bank of New Zealand will accept directions from stockholders for pay- innTTnTTrtMP a t- , , ~ , ment of interest to any agent in the Dominion; existing instructions for the APPLICATIONS. Applications which must be accompanied by a remitpayment of interest in th? Dominion will obtain in reject of these Loans. for H th f 'f JT"°J ,T r • ' Interest on Stock Certificates to bearer will be paid free of inland ex. «<« Zealand, Wellington) at the D,str,« Treaty ■ f ■ change by means of coupons annexed to the Certificates. Interest coupons ?! Auckland, Chrlstchurch, or Duneom; at any branch of any Bank in the may be presented at the Reserve Bank of New Zealand, Wellington; at any Dominion, or at any Postal Money-oraer Office in New Zeala d. > branch of the Bank of New Zealand in the Dominion; or at any Postal Applications must be for sums of £10 or for a multiple thereof. Money-order Office in New Zealand. Commission at the rate of ss. per £100 stock will be allowed to bankers and registered sharebrokers on applications bearing their stamp. REDEMPTION OF LOANS. If not previously redeemed, the 3 J per cent. . _ . Loan 1956/1959 will be paid off at par at the Reserve Bank of New Zea- Copies of this Prospectus and forms of application may be obtained . land on the 15th January, 1959, but the Minister of Finance reserves the at the Reserve Bank of New Zealand, Wellington; at the District right to repay at par at any time on or after the 15th January, 1956, on Treasury Offices at Auckland, Christchurch, or Duneam; any branch giving three months' notice in the New Zealand Gazette of his intention °* an y Bank in the Dominion; at any Postal Money-order Office in New to repay. Zealand; or from members of any Stock Exchange in the Uomimon. if not previously redeemed, the 3 per cent. Loan 1945 will be paid off at An adveTtisemenl authorised by the Reserve Bank of New Zealand, Wellington, par at the Reserve Bank of New Zealand on the 15th July, 1945. 3rd January, 1941. The list of applications will be opened forthwith and' may he closed as % regards either stock at any time determined by the' Minister of Finance.

FOR MEW YEAR RAMSON and RAE ANNOUNCE THE ARRIVAL OF NUMEROUS NEW LINES CURRANTS TINNED PEACHES - SULTANAS TINNED APRICOTS RAISINS TINNED PEARS PEEL TINNED PINEAPPLE MIXED FRUIT TINNED FRUIT SALAD CHERRIES TINNED GREENGAGES ALMONDS Also good range of Gift Goods. Crockery, Enamel Ware, etc. INSPECTION INVITED.y Phone 228