Page 3 Advertisements Column 3

Manawatu Herald, Volume XXXVII, Issue 1463, 23 October 1915, Page 3

NEW ZEALAND GOVERNMENT £4 (OS PER CENT. DEBENTURES. issue ol 4Jo per cent. Bearer Debentures, under the authority of the Finance Act, 1915. and pursuant to the New Zealand Loans Act, TQOB, as amended by the New Zealand Loans Amendment Act, 1915, to provide moneys for local expenditure * DURING IME WAR. PRICE OF ISSUE FIXED AT ft on PER CENT. milE Government of Now Zealand JL desires to place before the public of the 1 Xominion this prospectus, showing the terms and conditions under which moneys may be invested on the security ol the Public Revenues of New Zealand, to provide the funds necessary lor local purposes timing the present war. In view of the financial strain at presen! imposed on the Imperial Treasury in providing moneys for carrying on the war,! he Government ol (his country confidently asks all New Zealantiers who can afford in do so 10 assist (he Empire by investing freely in these Debentures, and I bus in a measure relieve the Mother Country of (he burden of having to provide the capital required lor local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order Office, or (mm the 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 he made for £5 nr any multiple of £5, and for a currency of 5, to, 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 hank 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 of £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 lorlciture. It no allotment is made tiie 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 of coupons at a Postal Money-order Office, or at the Bank of New Zealand, or at the Tieasury. 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 the redemption of the Debentures, The Debentures will he issued in denominations of £5. L 25, £SO, £IOO £SOO, £t,ooo, or in such higher denominations as may he agreed upon with the Treasury, and will be made | payable to hearer. Debentures will he repayable at par at the Treasury, Wellington, nr at any office of the. Bank of New Zealand in the Domin- ! ion on their due dale. Banks and registered Sharebrokers will be allowed a commission of ,5 s per £IOO on allotments made in respect of applications received from them direct, and which bear their stamp, and arc 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 not be I 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 are authorised to invest Trust Funds. Applications will close at the Treasury on 6th November, 1915, hut the Government reserves the right to close 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 be paid in respect of any amounts forwarded with applications which are declined. Conversions. Holders of Government tures issued under the New Zealand i„oaus Act and maturing on or before the Ist December, 19K), will have the option of converting into 4J2 P cr cent. 1915 Debentures ffi par it application is made to the treasury on or before the 301 b November, 1915. The interest under the now debenture will lake effect after the coupon for the then current half-year under the old debentures has been paid. Post - or pice Savincs - bank Deposits. Persons who now have money deposited in the Post-office Savingsbank may purchase pe r 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, 19 I! £ The forms of application and transfer may be obtained at the Postoffices. To Trustees. “Trustees desiring to invest Trust monies in the 4% per cent. Government Debentuxes Loan may make special arrangements with the Treasury in regard to the time and method of lodging the denosit or purchase money for the debentures. 0. 16,19,21,23. IjlOR PRIVATE SALE—Ho”se- - hold furniture, picture mouldings (oak), cabinetmaker’s tools, gents, bicycle, garden tools and other sundries. Apply Mrs Selleck, Whittaker Street. BUY WHOLESALE FROM LAIDLAW LEEDS’ CATOLOG IT’S FREE.