Page 3 Advertisements Column 3

Manawatu Herald, Volume XXXVII, Issue 1460, 16 October 1915, Page 3

NEW ZEALAND GOVERNMENT £4 lOS PER CEN T. DEBENTURES. Issue of 4 t /2 P er cent - Bearer Debentures, under the authority of the Finance Act, IQIS. and pursuant to the Now Zealand Loans Act, 1908, as amended by the | New Zealand Loans Amendment Act, 1915. to provide moneys for local expenditure DURING THE WA R. PRICE OF ISSUE FIXED AT £IOO PER CENT. THE Government of New Zealand desires to place before the public of the Dominion this prospectus, showing the terms and conditions under which moneys may he invested on the security of the Public Revenues of New Zealand, to provide the funds necessary tor local purposes during the present; war. In view of the financial strain at present imposed on the Imperial Treasury in providing moneys 1 for carrying on the war, lh rnment at 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 relieve the 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 trom the Treasury. Applications may be lodged at any Postal Money-order Office, at (he Treasury, Wellington, or at anv Bank or registered Sharebroker’s office in the Dominion. Applications may be made for £5 or any multiple ol £s> and for a currency of 3, 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; II cheques are forwarded exchange must be added where payable. In cases where application is posted direct to Wellington the lodgments must be first paid in to the “Public Account” at any branch of the Bank of New Zealand, and the bank receipt must in such case be forwarded to Wellington with the application. Applications for sums not exceeding £3,000 must be accompanied by the lota) subscription or Bank receipt for the amount, and applications for sums in excess of £3,000 must be accompanied by a deposit of 10 per cent., balance payable on allotment. Allotments will be made by the Controller and AuditorGeneral. In the case of default in payment of the balance the deposit previously paid will be liable to forfeiture. It no allotment is made the deposit will be returned. Interim receipts will 'be issued on lodgment, and will be subsequently exchanged for Debentures. The Debentures will be issued with, interest coupoiuyatlached. Intel est will be payable half-yearly on presentation of coupons at a Postal Money-order Office, or at the Bank of New Zealand, or at the Treasury. Interest will be computed from the 15th October, 1913, and will be tree of income-tax. An annual Sinking Fund is established to provide lor the redemption of the Debentures. The Debentures will be issued in denominations of £5, £25, £s°> lo ° £SOO, £l,ooo, or in such higher denominations as may be agreed upon with the Treasury, and will be made payable fo bearer. Debentures will be repayable at par at the Treasury, Wellington, or at any office of the Bank of New Zealand in the Dominion on their due date. Banks and registered Sharebrokers will be allowed a commission of 5s per £IOO on allotments made in respect of applications received from them direct, and which bear their stamp, and are forwarded to the Treasury or to the Post-offices under cover of the form provided. Covering forms arc obtainable from the Post-offices. Commission will be paid after allotment, and will nor be allowed on conversions or on transfer of moneys now on deposit with the Post-office Savings-bank. The Debentures are Government Securities in which Trustees arc authorised to invest Trust Funds. Applications will close at the Treasury on 6tb November, 1.915, but the Government reserves the right to dose at a prior date or to extend the period at its option. In 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 he paid in respect of any amounts forwarded with applications which are declined. Conversions. Holders of Government Debentures issued under the New Zealand Loans Act and maturing on or before the Ist December, 1916, will have the option of converting into percent. 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 the coupon for the then current half-year under the old debentures has been paid. Post - office Savings - hank Deposits. Persons who now have money deposited in the Post-office Savingsbank may purchase 4 Yz per cent. Debentures by means of transfer. They must apply on or before the 6th November. 19IS. 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 4% per cent, under the new debentures will date from the 15th October, 191 s. The forms of application and transfer may be obtained at the Postoffices, o. 16,19,21,23. FOR PRIVATE SALE—Household furniture, picture mouldings (oak), cabinetmaker’s tools, gents, bicycle, garden tools and other sundries. Apply Mrs Selleck, Whittaker Street. KNOWN.-Special Display of new Soft Felt Hats, all the latest shapes and colours. See window disp' .y._ All hats marked in plain figures. STILES & MATHESON. I ADR SALE. New 5-roomed - house, bath-room, wash-house, outbuildings ; )4-acre section, Flitter Street. For lull part culars apply this office.