Page 7 Advertisements Column 1

Dominion, Volume 9, Issue 2847, 11 August 1916, Page 7

Every housewife wishes to obtain tho best value for her expenditure. That's why Desert Gold Tea is so popular. The Family Blend at Is. 9d., and the Special Grades at Is. lOd. and 25., are superior to any other teas at equal prices.—Advt.

: WAR ■ LOAN. lew Zealand Government if °/o War Bonds v ' (Free of % New Zealand Income-tax.). f 'v.:.. , 0"- ■ ■' ■ | . | ; ISSUE OF: £8 S 000 ? 000 ' j f. •■■■; ' ■. ■ ■ q ■ I - ■■! I ' ! '• ■ < ; | \ . nnl HE. GOVERNMENT hereby invites, the public of New Zealand to subscribe £8,000,000 | - i I | authorized to be raised under the Finance Act, 1916, and pursuant to the New J ; j -——11 Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, j ■! l qqqqi|' 1915, for purpose of carrying on the present War. 1 | j \ The Loan is by Act o£ Parliament, made a charge on the consolidated revenue of the '1 : Dominion. • I , War Bonds will be issued on the, Mowing 'terms: — I j. i Price of issue Par. , i | ... ' Rate of interest ' ... 4i % free of income-tax. jj | Term of' Loan ... "... 14 years' or 25 years. | | V No Bond /will be ifesued for less than, £50, but small investors may subscribe sums of ( | ' £l up to £50 at the Post Office. I ■ j Interest will be paid half-yearly at the Treasury, Wellington, or at , \ ■ / i any branch of the Bank, of New Zealand, or in London or Australia, as 1 may be arranged, on Ist March and Ist September in each year. 1 V v ' .. _ „ I The first Coupon, representing interest accrued, upon the various instalments, from the jj date-upon which they severally! become payable, up to 28th February, 1917, will be paid on Hist |ist March, 1917. Interest on the deposit will date from the Ist September, 1916. „ f ) . Lodgments.—Forms of Application may be obtained and lodgments made at any H a ' , , Postal Money Order Office,-at any Bank, or at the Treasury Offices, Wellington. |jj i Instalments may be prepaid if desired, but prepayment of any instalment will not entitle \ ! the subscriber to interest, in respect of . the firstf Coupon, in addition to that provided above. f j , f Lodgments will be made as follows : — J I 25 per cent, deposit to accompany application; •• H ' ! 25 per cent., 2nd October, 1916; '' Si' 25 per cent., Ist December, 1916 ; n ) , .25 per cent., Ist February, 1917. n ,1 The Minister of Finance reserves the right \to accept the whole ,or any part of amount ' I : ! . applied,for, or decline any application. Should the total applied for exceed the amount of \ J £8,000,000, the Minister of Finance .reserves the right to accept such excess or any part | /• ' I thereof.. The Controller and Auditor-General will make the allotment, if such is necessary. , f ■ ; • | ' In case of acceptance of part only of amount applied for, the surplus of the amount paid as • ] | be appropriated towards the payment of subsequent instalments. I • Interest will not be paid in respect of. amounts which are not accepted. v . , . ] (■ " ' In case of default in payment of any instalment at its due date, the deposit and instalments S | : i previously paid will be liable to forfeiture. • i 1f • j . Interim receipts-will be issued for lodgments 4 and must be retained and presented in exchange \f, . .. \ for War-Bonds, when ready for issue. n - •• ; Bonds payable to Bearer, with Coupons attached, will be issued after the full subscription has 11 ! been paid, in denominations of £50, £100, £500, £1,000, or such higher denominations as may j | ' • j be arranged, and will be repayable at par in New Zealand at date of maturity. I I • | The Bonds are Government Securities in which Trustees are authorised to invest trust funds. jjj - | An annual sinking fund is provided for -the repayment of the Loan. i I Applications will close on the 21st August, 1916, but the Minister of Finance reserves ' n " ' ! > the right to close at a prior date, or to extend the period. i ! JOSEPH GEORGE WARD, j ' ' \ j • Treasury, Wellington, N.Z.. i Minister of Finance. • I. | ■» sth August, 1916. ' ... ■ B