Page 2 Advertisements Column 6

Dominion, Volume 9, Issue 2600, 23 October 1915, Page 2

nyi NEW ZEALAND GOVERNMENT ,£4 10/- PEE CENT. DEBENTURES. Issue of 4£ per cent. BenTer Debentures, under the authority of tho Finance Act, 1915, and pursuant to the New Zealand K>,l lis Act, ISOB, as amended by tho Now Zealand Loans Amendment A ct, 3!rts, to provide monevs for local expenditure DURING THE WAR. PRICE OF ISSUE FIXED AT- JGIOO PER CENT. THE Government of New Zealand desires to plnce before the public of tho Dominion this prospectus, showing tho terms and conditions under wihicfl. moneys may be invested ou the security of tno Public Revennos of Now Zealand, to provide tho funds necessary for local purposes during tho present war. In yTew of the financial strain at present imposed on the Imperial Treasury in providing moneys for carrying on tho war, tho Government of this country confidently asks all New Zealanders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus in a measure relievo tho Mother Country of the burden of having to provide the capital required for local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order Office, or from {lie Treasury. Applications may bo lodged at any Postal Money-order Offico, at tho Treasury, Wellington, or at any Bank or registered Sharebrokcr's office in tho Dominion. Applications may be made for £o or any multiplo of £5, and for a currency of 5, 10, 15, 20. or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Money-order Office may lodge amounts by cheque or in cash. , If cheques are forwarded exchange must be added where payable. In cases where application is posted direct to Wellington the lodgments must bo first paid in to the "Public Account" at any branch of the Bank of New Zealand, and the bank receipt must in such uaso bo forwarded to Wellington with the application. Applications for sums not exceeding ■£•5000 must be accompanied by the total subscription or Bank receipt for the amount, and applications for sums in excess of ,£SOOO must be accompanied by a deposit of 10 per cent., balance payable on allotment. Allotments will be made by the Controller and Auditor-General. In fill© case of default in payment of the balance the deposit previously paid will uo liable to forfeiture. If no allotment \g mode the deposit will bo returned. Interim receipts will be issued on lodgment, and will be subsequently exchanged for Debentures. The Debentures Tcill be issued with interest coupons attached. Interest will be payable half-yearly on presentation of coupons at a Postal Money-order Office, or at tho Bank of New Zealand, <jr at the Treasury. Interest will be computed from the ,15tli October, 1915, and will be free of income tax. An annual Sinking Fund is established to provide for the redemption of the Debentures. The Debentures will be issued in denominations of .£5, .£25, .£SO, JJIOO, .£SOO, ,£IOOO, or in such higher denominations as may be agreed upon with t]ie Treasury, and will be made payable to bearer. Debentures will be repayable at par lit the Treasury, Wellington, or at any office of the Bank of Now Zealand in the Dominion on their duo date. Banks and registered Sharebrokers will be allowed a commission of ss. per .£IOO. on allotments made in respect of applications received from them direct, and winch bear their stamp, and are forwarded to tho Treasury or to the Post Offices under cover of the form provided. Covering forms are obtainable from the Post Offices.. Commission will bo paid after allotment, and will not be allowed on conversions or on transfer of moneys now on deposit with the Post Office Savings Bank. The Debentures arc Government Securities in which. Trustees are authorised to invest Trust Funds. Applications will, close at tho Treasury on 6th November. 1915,. but the Government reserves the right to close at a prior date or to extend the period at its option. In tho case of over-subscription, the Government reserves the right to decline any application, in whole or in part, as it may determine. Interest will not be paid in respeot of any amounts forwarded with applications which are declined.

CONVERSIONS. Holders of Government Debenture issued under the New Zealand loans Act and maturing on or before the Ist December, 191G, will have the option of converting into di per cent.' 1915 Debentures at par if application is made to the Treasury on or before the 30th November, 1915. The interest under.the new debenture will take effect after 1 the conpon for,the then current half-year under the old debenture has been paid. POST OFFICE SAVINGS BANK DEPOSITS. Persons wlio now have inonev deposited in the Post Office Savings Bank may purchase H per cent. Debentures by means of transfer. They must apply on or before the 6th November, 1915, to the Postmaster in charge at any Postal Money Order Office within the district in which their account is open in order that the requisite transfer may be made. Interest at per cent, under the new debentures will date from the 15th October, 1915. The forms of application and transfer may be obtained at the Post Offices. TO TRUSTEES. Trustees desiring to invest Trust moneys in the 41 per cent. Government Debentures Loan may make special arrangements with the Treasury in regard to the time and method of lodging the deposit or purchase money for the debentures. NEWCASTLE COAL. TRY HEBBURN COAL. THE FINEST FOR STEAM AND HOUSEHOLD USE. 'All other Coals Stocked. SAMUEL BROWN, LTD. . COLLIERY REPRESENTATIVES, 31-33 Johnston Street, Wellington. Sb@cl Maize LAERY & CO., LTD. CRAIN MERCHANTS, WELLINGTON, Have for Private Sale— Seed Hickory King Maize Specially Selcctoi Price—6/- Bushel. J. & W. FAULKNER, THE Place for Iron and Wirowork, Fencing, and Gate Bailing, etc., Wire Shutters, Garden Arches, Scats, Fireproof Shuttors and Doors, Life Enclosures, Lift Cages. Counter Work, Collapsible Gates, heavy or light, plain or antique. a VIVIAN STOEEX. 'Phono 331 A.