Page 8 Advertisements Column 2

Press, Volume LIV, Issue 16165, 20 March 1918, Page 8

LIBERTY WAR LOAN WPORTAiT IBFOBMAnOM ABOUT WAR LOAH SECURITIES AN INDIVIDUAL APPEAL TO SUBSCRIBE if th« information yon want about War Loan Securities is not supplied by the following Answers call at any Sank or at any Local Money-Order Office which is open for the Sale of these Secnnt.es. . .. ... , . s„ it fft - 9 Q.—Supposing I sell my Inscribed Stock ? Q.—-What IS the War S : oa "' 1{ N Zeal?nd to the New Zealand A.—You obtain a transfer form from the Treasury, and fill it up in accordance ~ lt Government to°S dothe, SSin our soldiers, so that they may with directions given toon. continue to fight shoulder to shoulder with our Allies tor tne overthrow ot Q._N e w Zealand Government Bonds and Stock are frequently German tyranny. I spoken of as " best security in the world." Why Is this true ? Q.—What is a New Zealand Bearer Bond . A Because the promise to pay is backed by the faith and honour of the Dominion A. —When you lend your money to the New Zealand Gover jr g of N v Zealand, and by the taxing-power of the whole country, which, in signed promise of the Government of New Zealand to and resources, is one of the richest countries in the world. interest It is a direct and unconditional promise of the Doimmon ot Wew 8 Zealand to pay on certain dates a specified sum of money, vvrth interest at j Q._ Are War Securities exempt from taxation ? a specified rate, and payable at specific dates until the bond ma ures. B A _ The i nterest 0 n 4* per cent, bonds and stock is exempt from income-tax, but The Bonds are issued to Bearer, and executed by the Minister o in n | t^e e per cen t. Post Office War Loan Inscribed Stock is not exempt from (or New Zealand. A.bearer bond is payable to bearer, and anbe passed B New 3 £aland income-tax. time St ° * Q.—On what will the proceeds of this loan be spent ? n What ic riirrpnrw Of the Bonds to be issued ? A.—The proceeds of this Loan will be used for war purposes only. IfcrE?wil! ! beda wSSS • .918, and *11 mature on !«h November, 1938. , Q.—What is Inscribed Stock? . nprl investo rs but A.—By filling in an application form at any bank or postal money-order or heir* L names are inscribed in the registers office on or before the Bth April, 1918, and by paying the necessary I;ep '(WTEEEST U ra?I oVnew" I a practical matter, will I have any difficulty in attending 4* per cent. New Zealand Inscribed Stock has currency to 15th J to these details ? November, 1938, rpwrfwd § A.—None at all. The New Zealand Treasury, or any bank, registered broker, or And is obtainable through any bank, postal money-oraer , g postal money-order office will gladly give you full instructions at any time sharebroker. , I without charcre. A" i^bed -jf'anltoVother pere ° n W Q.—When I hand my application and money to the bank or money- /> a a War cpcurities at anv time if Iso desire, and can order office what do I receive ? 0« —Can I sell my War eni»nri*ip« 9 A.—You will receive a provisional receipt for the amount paid. V _ Ye l & yoT2nTe?i n ylr°securities at any time,"for there is a market for New Q.—HOW long dO I hold receipts for Bonds ? Zealand Government Stock or Bonds. They are considered good security A —Until the bonds are printed and distributed from the nearest postal moneyfor borrowing money. ... . . tn th _ t order office, when the receipts must be exchanged for the bonds. Q.—l get any interest on my money while it is loaned to ine q._what do I receive in acknowledgment o? an investment in Government, and at what rate ? i ... _ t a Inscribed Stock ? A.—Yes ; the New Zealand Government will pay 7° andVner cent, on A.—You receive a provisional receipt, and when the amount is fully paid up a vear on securities issued, free of New Zealand in - , P*« • Certificate of Inscription, signed by the Registrar of New Zealand Inscribed Post Office War Loan Inscribed Stock, which is not free ot Hew z-eaiana Stock) be pos ted direct to you. n H«w m Ho a 8 X cnllect the interest on Bonds, and how often do I i Q.—What are the particular advantages of investing in inscribed q.—how qo a stock as compared with Bearer Bonds? , f p, h are interest coupons, one for each six months' period A.—You would be relieved of all anxiety regarding the custody of negotiable A.—Attacneci uj date arr j ves you cut off the interest coupon of that date, documents, such as a bearer-bond, and of the necessity of cutting oil and I it tn the Treasury or to any New Zealand branch of the Bank of presenting interest coupons for payment. In the case of Inscribed stock. Npw Zealand or postal money-order office, where it will be cashed. The the interest is remitted to you direct by fcheque from the Treasury. interest will be paid every 15th of May and 15th of November. The firs Q._why are Bearer Bonds sometimes preferred to Inscribed Stock ? payment will date from Bth April, 191 • . Oinrlr and how often A.—Because they can be deposited as security or disposed of at the immediate Q.—How do i collect the interest on Inscribed Stock, ana now cmen option of the holder, and without application to the Treasury. do I get it? ...... the Treasurv will post you a cheque I Q.—What is Post Office War Lam Inscribed Stock? A.—Each six months, as ; ' " J —Post Office War Loan Inscribed Stock is issued for the benefit of small invesin payment oMein ere ... _ . shall I transfer it tO the tors, having a shorter currency and higher rate of interest—s per cent., q.—lf i should sell my Bearer Bona, now snaii whi > h> ho * evei% is not free of New Zea iand income-tax: individual new owner? ww it tnthenew I holdings are limited to £500, and must be fully paid up. Minimum invest-A.-lf it is a coupon-bearer bond, merely by delivery. Just hand it to tne new | ment ,/ 10 0. . owner . . . . - . Ua s nr cnwdom but have only small means, how can Idoso ? Q.—lf I wish to assist my countij 1 S Qf ' | ncome fax) at any Postal Money-order Office. A.—By purchasing a Office r c^^c i^ tes> and is repayable, with the principal, at the end of the specified term. - , For 13S. yon can buy a£l Certificate For 16S. yon can buy a£l Certificate For £6 10s. yon can buy a £10 Certificate For £8 yon can buy a fclW Certificate p gfis V on can buy a £10© Certificate For £80 yon pan buy a £100 Certificate Re y p,°bie" TEN Years - in F.VE i.F.T your action BE PROMPT! not be able to fight with Gun, Bomb, and Bayonet, but all can help by making their Money Fight. Jl you afford to your Country To-day, so that the brave men who fight may have the mean, to secure Victory and return to their homes again. 8 IQIB J. G. WARD, Minister of Finance Wellington, 16th March, 1918