Page 8 Advertisements Column 2

Press, Volume LIV, Issue 16164, 19 March 1918, Page 8

War M Loan ftaspwte nf lomtttum of New Zealand Issue of £9,500,000 41 per cent.War Loan (FREE OF NEW ZEALAND INCOME TAX) PRICE OP ISSUE : PAR. TERM OF LOAN : 20 YEARS. The Sylbscription-iist will be closed on Bth APRIL, 1918. — p T Art I<H7 LODGMENTS. —Forms of application may be obtained and lodgments THE Art. 1908, as amended by tie made at any Postal Money-order Office, or at any brand, of any Sank, or at New Zealand Am&m* Act, 1915, and fcott capital and interest «U the Treasury, ; be charged upon the consolidated revenue of the Dominion. Lodgments will be made as follows.— The Loan wNttemm*** DomM* .'urfous only, mi mU ... ' «, ... 100 per cent. take the form either of Inscribed StouK or at the option of the ' Instalment Allotments — subscriber. 25 per cent, on application (first instalment); £200 000 of the Loan will be reserved for individual persons who desire 05 per cen t. (second instalment). Monday, 3rd June, 1918; to -avest,'in securities which will bs available for payment of New Zealand 25 per cent, (third instalment), Monday, 15th July, 1918; death, duties. Application for this of security must be specially marked- 25 per cent, (fourth instalment), Monday, 2nd September, 1918. These securities will not be but may be exchanged at the Instalments may be prepaid, but such prepayments will not entitle the Treasury for cthar available securities, *1 so desired. subscriber to any additional interest. The issue <3 an investment anthemed by the Trustee Act, and Trustees In case of default in the payment of any instalment at its due date, inmav invest theielL v stalments previously paid will be liable to forfeiture. . * . T , A . .J , , + v._ i-Mnn but cTnoll TTivftstors Provisional receipts will be issued for all payments, and in the case Applications wiL not be . ■ , years, at of Investments in Bonds these receipts witt be exchangeable for Bonds to may subscribe sums of £1 up to £o00 ; for a period ot live or ten yeaars, at prepare 4. any Posxai Money-o er ce. j n tlie case 0 | stock Investments, Inscription-certificates will be posted The Bonds will be issued m denominations of ±100. . ±oUU and. wl,uuu, or investors when the amounts are fully paid up. suchihigher denominations as may be arranged, and will be payable to bearer. bg inscribed in accordance with" thte New Zealand Inscribed . Stock will not be issued for any amount under £100, and any amount Stock Act, 1917 (read in conjunction with the New Zealand Loans Act, 1908), g applied for in excess of £100 must be a multiple of £10. aia d the inscription-books of the Loan will be kept at the Dominion Treasury, I The Loan wfll be repaid at par at the Treasury, Wellington, or at any at Wellington,where of stock will be made. Transfer-forms branch of the Bank of New Zealand in the Donmnon on 15th|(f<>vember, 1938. may be obtained at the Treasury. . -r, •, ox 1 Mt, Mav and Holders of War-bonds in the £16,000,000 Loan, issued under section 35 Interest on Bonds and Stock will be paid half-yearly, on 15th May and of the pi nanc6 Act, 1916, will have the right to convert into Inscribed Stock, \ 15tli November. currency to 15th November, 1938, at any time between Bth» April, 1918, The first interest will be paid on 15th" November, 1918, and will amount and Ist March, 1920, on application in writing to the Dominion Treasury, ,i to £2145. 6d. per cent, on fully-paid allotments (221 days), and £1 15s. lid. .Wellington. . "' V. per cent, on instalment allotments. Arrangements have been made under which the Banks have agreed to , «, ■ allow advances at a reasonable rate of interest to clients who desire to invest Interest on fully-paid allotments and <m the first instalment of ins Imm who have not the ready money to enable them to do so within v allotments Trill date from oth April, 191 p. time prescril>ed. • Interest on second, third and fourth instalments of instalment allotments Arrangements will be made for New Zealand War Loan Securities to be 'I will date from the respective dates of payment shown herein. quoted on the London Stock Exchange as soon after the War as the British , ... .. m Chancellor of the Exchequer agrees. { Interest era Inscribed Stock will be paid by Divident .Warrant, which .will . T1 v „ , . . . _ . ' -I be transmitted by post. Regfetered Sharebrokers will be allowed a commission of ss. per £100 on . allotments made in respect of applications for this issue bearing their stamp, Interest on Bonds will be paid on production of Coupon. _ and forwarded to the Treasury through any bank or Pbstal Money-order Office Both Warrants and Coupons will be payable, free of exchange, at the under cover of memorandum signed by the sharebroker. No commission Treasury, Wellington, or at aSy Postal Money-order Office, at at any branch of will bo allowed m respect of applications on forms which have not been the Bank of New Zealand in the Dominion, or in London or Australia as may Stock!™ * " " be arranged. r Post Office War Loan Certificates and Post Office 5 per cent War Loan Inscribed Stock. To enable persons of moderate means t, subscribe totte Loa, appUca, ' ' f tions will be deceived at any Postal Money-order Office for Post Office War total su^scr i p ti o n to the War Loans has reached £500. Interest will be | > Loan Certificates or Post Office 5 per cent. War Loan Inscribed Stock at paid warran t a t the rate of 5 per cent., and will be subject to income-tax, I | J. the option of the subscriber. and the term will be ten years. • .1 $ War Loan Certificates are repayable, with interest compounded, free of Full particulars regarding the Post Office War Loan Certificates and I f| income-tax, at the end of five or ten years. , Office War Loan Inscribed Stock are obtainable at any Postal Money- > .' order Office. 6 COMPULSORY SUBSCRIPTIONS f . ~, j , .. n -nr - It is confidently anticipated that the full amount of 9i millions will be s' J, The attention of the public is specially drawn to section 40 ot the finance voluntarily subscribed, but should there be any deficiency it will be necessary > s Act, 1917, which provides machinery for the compulsory levy of subscriptions to raise the amount of such deficiency by compulsory levy in accordance with 1 to the War Loan. the Act. ■ ; APPLICATIONS will close on MONDAY, Bth APRIL, 1918, but the Minister of Finance reserves the right to close at a prior date or to extend the period. Treasury, Wellington, N.Z., JOSEPH GEORGE I 16th March, 1918. Minister of Finance. M

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