Page 2 Advertisements Column 1

Manawatu Herald, Volume XXXIX, Issue 1747, 16 August 1917, Page 2

WAR LOAN. PROSPECTUS OF DOMINION OF NEW ZEALAND ISSUE of £12,000,000 4s per cent. WAR LOAN. (FREE OF NEW ZEALAND INCOME TAX.) PRICE OF ISSUE: PAR. TERM OF LOAN : 21 YEARS. The Subscription-list will be closed on Monday, 3rd September, 1917. THE Loan is authorised to be raised under the War Purposes Loan Act, 1917, and pursuant to the New Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, 1915, and both capital and interest will be charged upon the consolidated revenue of the Dominion. The Loan will be utilised by the Dominion for war purposes only, &tS(B wiM tok® th® forffl S oithof §ssscs*sib®si Stock Off° Boorer-bomls, at the option of the subscriber. £1,000,000 of the Loan will be renewed for individual persons who desire to invest in securities which will be available for payment of New Zealand I)eath NV Duties. Applications for this class of security must be specially marked. Those securities will not be transferable, but may be exchanged at the .treasury for other available securities, if so desired. The issue is an investment authorized by the Trustee Act, ami trustees may invest therein. Applications will not be accepted for less than £IOO, but: small investors may subscribe sums of £1 up to .CoOO, lor a period of live or ten years, at any Postal Money-order Office for investment in War Certificates, Full particulars as to latter may.be obtained at any Postal Money-order Office. The Bonds will be issued in denominations of £IOO, £SOO, and £I,OOO, or such higher denominations as may be arranged, and will be payable to bearer. Stock will not be issued for any amount under £IOO, and any amount applied for in excess of £IOO must be a multiple of £lO. The Loan will be repaid at par at the Treasury, Wellington, or at any branch of the Bank of New Zealand in the Dominion on 15th November, 1938. Interest on Bonds and Slock will be paid half-yearly, on 15t:h May and 15th November. The first interest will be paid on 15th May, 1918, and will amount to £3 2s 7d per cent, on fully-paid allotments (254 days), and £2 0s 5d per cent, on instalment allotments. Interest on fully-paid allotments and on the first instalment of instalment allotments will dale from 3rd September, 1917. Interest on second, third and fourth instalments of instalment allotments will date from the respective dates of payment shown herein. Interest on Inscribed Stock will be paid by Dividend Warrant, which will be transmitted by post. Interest on Bonds will be paid on production of Coupon. Both Warrants and Coupons will be payable, free of exchange, at the Treasury, Wellington, or at any Postal Money-order Office, or at any brunch of the Bank of New Zealand in the Dominion, or in London or Australia as may be arranged. LODGMENTS.— F< inns of application may be obtained and lodgments made at any Postal Money-order Office, or at any branch of any Bank, or at the Treasury, Wellington. Lodgments will bo made as follows; — y FULLY-PA-ID ALLOTMENTS— On application ~ .. . . 100 per cent. INSTALMENT ALLOTMENTS—--25 per cent, on application (first instalment); 25 per cent, (second instalment) on Thursday, Ist November, 1917; 25 per cent, (third instalment) on Friday, 4th January, 1918; 25 per cent, (fourth instalment) on Friday, Ist March, 1918, Instalments may be prepaid, but such prepayments will not entitle the subscriber to any additional interest. In the case of default in the payment of any instalment at its due date, instalments previously paid will be liable to forfeiture. Provisional receipts will be issued for all payment s, and will be exchangeable for Bonds to Bearer (as soon as the latter can be prepared) or Inscription in the name of the registered holder. The Stock will be inscribed in accordance with the Now Zealand Inscribed Stock Act, 1917 (read in conjunction with the New Zealand Loans Act, 1908), and the inscription-books of the Loan will bo kept at the Dominion Treasury, at Wellington, where all transfers of stock will bo made. Transfer-forms may be obtained at the Treasury. Holders of War-bonds in the £1(5,000,000 Loan, issued under section 35 of the Finance Act, 191(5, will have the right to convert into Inscribed Stock, with currency to 15th November, 1938, at any time between 3rd September, 1917, and Ist March, 1918, on application in writing to the Dominion Treasury, Wellington. Arrangements have been made under which the Bank's have agreed to allow advances at reasonable rate of interest to clients who desire to invest in Loan but who have not the ready money to enable them to do so within the time prescribed. Arrangements will be made for New Zealand War Loan Securities to be quoted on the London Stock Exchange as soon after the War as the British Chancellor of the Exchequer agrees. Registered sharebrokers will be allowed a commission of 5s per £IOO on allotments made in respect of applications lor this issue bearing their stump, and forwarded to the Treasury under cover of memorandum signed by the sharebroker. No commission will be allowed in respect of applications on forms which have not been printed by the Government Printer or on applications not forwarded as aforesaid. APPLICATIONS will dose on MONDAY, 3rd SEPTEMBER, (917, but the Minister of Finance reserves the right to close at a prior date or to extend the period. JOSEPH GEORGE WARD, Minister of Finance. Treasury, Wellington, N.Z., 14th August, 1917.

WHY NOT SEE OUR PATTERNS 1 - - - THEY arc all post free on request — ! i Manchester Goods, Dress Goods, 1 Homo Furnishings. , ’ 1 POST FREE PRICES will be given— 1 in the ease of heavy goods, railage ;i will be paid. WHY not avail yourself of our magni- • licenl home buying -organisation and get all drapery goods from us 'at single-protit prices? COLLINSON & CUNNINQHAME, BROAD STREET, PALMERSTON NORTH,