Page 8 Advertisements Column 3

Press, Volume LIV, Issue 16166, 21 March 1918, Page 8

LIBERTY WAR LOAN ■ebi^ HH■n^H■*■■» lIFOBTAHT IMFOBMATIOW ABOUT WAR LOAN SECURITIES AN INDIVIDUAL APPEAL TO SUBSCRIBE If the Information you want about War Loan Securities is not supplied by the following Answers call at any Bank or at any Local Money-Order Office which is open for the £ale of these Securities. Q.—What is the War Loan, and what is it for ? I Q.—Supposing I sell my Inscribed Stock ? \ ; s a i oan 0 f money by the people of New Zealand to the New Zealand I A.—You obtain a transfer form from the Treasury, and fill it up in accordance Government to feed, clothe, and maintain our soldiers, so that they may I with directions given thereon. continue to fight shoulder to shoulder with our Allies for the overthrow of I q__ Nsw Zealand Government Bonds and Stock are frequently o—WhSts'aNew Zealand Bearer Bond? spoken of as " best security in the world." Why Is this true ? \_When vou lend vour money to the New Zealand Government you get the A.—Because the promise to pay is backed by the faith and honour of the Dominion signed Dromise of the Government of New Zealand to pay principal and of New Zealand, and by the taxing-power of the whole country, which, in interest It is a direct and unconditional promise of the Dominion of New natural resources, is one of the richest countries in fhe world. Zealand to pay on certain dates a specified sum of money, with interest at —£ re War Securities exempt from taxation ? a specified rate, and P a > r % a Minister of™ inanTe A.—The interest on 4A per cent, bonds and stock is exempt from income-tax. but EJSSidh ce 3 l : Post °® ce War lnMibcd stock is not from handTo hand without the formality of a transfer. The holder for the New Zealand income-tax. time being is the recognised owner. _ Q. —On What Will the proceeds Of this loan be Spent ? Q.—What is the currency of the Bonds to be issued . A.—The proceeds of this Loan will be used for war purposes only. 0-wlafislS&ed «&k? 8 ' andmat ° re ° n,5 ' hlm Q- —How can I buy War Loan Securitiest V— \n investment for which no*actual certificates are issued to investors, but A.—By filling in an application form at any bank or postal money-order or their names and the amount of stock they hold are inscribed in the registers broker's office on or before the Bth April, 1918, and by paying the necessary kept for the purpose at the Treasury in Wellington. amount. (Interest free of New Zealand income-tax). Q.—As a practical matter, will I have any difficulty in attending 4-J per cent. New Zealand Inscribed Stock has currency to 15tb {q ffiese detaiis ? And is obtainable throughlnyTank! postal money-order office, or registered A.-None at all. The New Zealand Treasury, or any bank registered broker, or .\nci is ouianicLUic uuu o sharebroker postal money-order office will gladly give you full instructions at any time \ll inscribed stock and dividends thereon are payable to the person whose without charge. name is inscribed in the Register, and to no other. Q.—When I hand my application and money to the bank or moneyQ.—Can I sell my War Securities at any time if Iso desire, and can order office what do I receive ? B borrow money on these securities ? a.—You will receive a provisional receipt for the amount paid. A.—Yes ; you can sell your 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 —Until the bonds are printed and distributed from the nearest postal moneyfor borrowing money. • 1 . . order office, when the receipts must be exchanged for the bonds. q.—Do I get any interest on my money while it is loaned to tne Q._ What do I receive in acknowledgment of an investment in Government, and at what rate ? . . Inscribed Stock ? \ —Yes • the New Zealand Government will pay you interest at percent, a ' . . . . . vear on securities issued, free of New Zealand income-tax, and 5 per cent, on A.-You receive a provisional receipt and when the amount is fully paid up a Post Office War I oan Inscribed Stock, which is not free of New Zealand Certificate of Inscription, signed by the Registrar of New Zealand Inscribed . V./UII.C a. Stock, will be posted direct, to you. ' 0 — Howlllo i collect the interest on Bonds, and how often do I Q.—What are the particular advantages of investing in Inscribed get it ? Stock as compared with Bearer Bonds ? \ttachcd to each bond are interest coupons, one for each six months period A.—You would be relieved of all anxiety regarding the custody of negotiable When the interest date arrives you cut off the interest coupon of that date, documents, such as a bearer-bond, and of the necessity of cutting off and and take it to the Treasury or to any New Zealand branch of the Bankof presenting interest coupons for payment. In the case of Inscribed stock. New Zealand or postal money-order office, where it will be cashed. The the interest is remitted to you direct by cheque from the Treasury. interest win be paid every 15th of May and 15th of November. The rst q.—why are Bearer Bonds sometimes preferred to Inscribed Stock ? navment will date from Bth April, iqro. I * . ' . . „r ■ . incrrihpri Stack and how often I A.—Because they can be deposited as security or disposed of at the immediate Q. -How do I collect the interest on inscrwea mock, ana now wren ■ ippH^tjon t j the Treas „ ry a si as the interest falls due, the Treasurv will post you a cheque I Q.—What IS POSt Office War Loan Inscribed StOCk? 'in payment of the interest. . 8 A.—Post Office War -Loan Inscribed Stock is issued for the benefit of small invesn_if 1 should sell my Bearer Bond, how shall I transfer it to the 1 tors, having a shortci 1 currency and higher rate of interest—s per cent., 1 9 I which, however, is not free of New Zealand income-tax. Individual A.-Iffufa coupon-karer bond, merely by delivery. Just hand it to the new | . Mdto|s are limited to £00, and must be fully paid up. Minimum investO —wTwilsSi to assisi my country in the fight for freedom, tut have only small means, how can I doM ? . . Q..i a(c m ii/.u rprtificste (free of Income Tax) at any Postal Office. A. By purchasing a P Cert . ficates accumulateSf and is repayable, with the principal, at the end of the specified term. For 13S. you can bny a£l Certificate For 16S. yon can buy a£l Certificate For £6 10s. you can buy a £10 Certificate . For £8 you can buy a £10 Certificate For £65 you can buy a £100 Certificate For £80 you can buy a £100 Certificate Repayable in TEN Years Repayable in FIVE Years LET YOUR ACTION BE PROMPT 1 All mav not be able to fight with Gun, Bomb, and Bayonet, but all can help by making their Money Fight. Lend all yon can afford to your Country To-day, so that the brave men who fight may have the means to secure Victory and return to their homes again. Wellington, 16th March, 1918 J. C. WARD, Minister of Finance

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