Page 3 Advertisements Column 4

Manawatu Herald, Volume XXXVII, Issue 1462, 21 October 1915, Page 3

NEW ZEALAND GOVERNMENT £4 10s PER CENT. DEBENTURES. Issue of 412 per cent. Bearer Debentures, under the authority of the Finance Act, IQIS- and pursuunt to the New Zealand Loans Act, tqoß, as amended by the New Zealand Loans Amendment Act, 1915. to provide moneys for local expenditure DURING THE WAR. I 1 RICE OF ISSUE FIXED AT Ctoo PER CENT. mHE Government of New Zealand JL desires to place before the public of the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the security of the Public Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. In view of Ibe financial strain at present imposed on the .Imperial Treasury in providing moneys for carrying on the war, the Government ol this country confidently asks all New Zealanders who can a lion I to do so to assist (he Empire by investing freely in these Debentures, and thus in a measure relieve the Mother Country ol the burden ol having to provide the capital required tor local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order OH ice, or Imm (lie Treasury. Applications may be lodged at any Postal Money-order Office, at the Treasury, Wellington, or at any Bank or registered Sharebroker’s office in the Dominion. Applications may be made for £5 or any multiple 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. It 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 £5,000 must be accompanied by the total subscription or Bank receipt for the amount, and applications for sums in excess ol £5,000 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 lorleiture. If 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 coupons attached. Interest will be payable half-yearly on presentation ot 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, 1915, and will be tree of income-tax. An annual Sinking Fund is established to provide tor tire redemption of the Debentures. The Debentures will be issued in denominations of £5, £25, £SO, £IOO £SOO, £I,OOO, or in such higher denominations as may be agreed upon with the Treasury, and will be made payable to bearer. Debentures will lie repayable at par at the Treasurv, Wellington, or at any office of the Bank of New Zealand in the Dominion 011 their due dale. 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 si ami-i, and are forwarded to the Treasury or to the Post-offices under cover of the form provided. Covering forms arc obtainable Irom the Post-offices. Commission will be paid aficr allotment, and will not be allowed on conversions nr on transfer of moneys now on deposit with the Pos t-olliceSa vi 11 gs-b all k. The Debentures are Government Securities in which 'Trustees are authorised to invest Trust Funds. Applications will close at the Treasury on 6th November, 1915, but the Government reserves the right to close at a prior- dale 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 be 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 4J2 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 lake died 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 1 /i 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 4/2 per cent, under the new debentures will date from the 15th October, 1915. The forms of application and transfer may be obtained at the Postoffices, 0. 16,19,21,23. IjlOR PRIVATE SALE—House- ' hold furniture, picture mouldings (oak), cabinetmaker’s tools, gents, bicycle, garden tools and other sundries. Apply Mrs Selleck, Whittaker Street. ANTED KNOWN -Special Display of new Soft Pelt Hats, all the latest shapes and colours, See window display. All hats marked in plain figures. STILES & MATHESON. i' riOR SALE. New 5-roomed 1 house, bath-room, wash-house, outbuildings ; %-acrc section, Futter Street. For full particulars apply this office.