THE WAR LOAN.
SUBSCRIBE EARLY
The War Loan is again drawn attention to. The amount required is twelve millions sterling, issued at par, for a term of twenty one years, am? the rate of interest is 4J per cent. The loan will take the form of either inscribed stock, stock or bearer-bonds, at the option of the subscriber. Applications for bonds will not -o- accepted for loss than £IOO, and the denominations ot these will be £IOO, £SOO and £IOOO, or such higher denominations as may he arranged, and will he payable to bearer.
There will he as in the case of tne previous loan, an issue of War .Certificates, in which small investors may Invest from £1 to £SOO, purchasing the certificate at any postal money order office; and the particulars of this portion of the loan floatation may he obtained at the money order offices. Apart altogether from the financial aspect it is expected that the patriotism of tlie people will prompt them to invest- their savings in the loan thus enabling the Minister of Finance to pay New Zealand’s way; iii the present crisis. It is hoped, and in most, quarters believed, that the loan will be over-subscribed, for this Dominion has lately been passing through « period of unexampled prosperity, based on the high export values of its primary products.
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Bibliographic details
Hokitika Guardian, 20 August 1917, Page 1
Word Count
223THE WAR LOAN. Hokitika Guardian, 20 August 1917, Page 1
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