LIBERTY WAR LOAN. IMPORTANT INFORMATION ABOUT WAR LOAN SECURITIES. An Individual Appeal To Subscribe. If the information you want about War Lflan Securities is not supplied by the following answers, call at any Bank or at any local Money-order Office which is open for the sale of these securities. x. Q.—What is the War Loan, and what is it for? A, —It is a loan of money by the people of New Zealand to the New Zealand Government to feed,, idol he, and maintain our soldiers, so that they may continue to light shoulder to shoulder with our Allies for the overthrow of German tyranny. Q.—What is a New Zealand Bearer Bond? A. —When you lend your money to the New Zealand Government, yon get the signed promise of the Government of New Zealand to pay prin- ' cipal and interest. It is a direct and unconditional promise-of the Dominion of New Zealand to pay on certain dales a'specified sum of money, with interest at a specified rate, and payable at specific dales until the bond matures. The Bonds are issued to Bearer and executed by the Minister of Finance for Now Zealand. A hearer bond is payable to bearer and can be passed from hand to hand without the formality of a transfer. The holder for the time being is the recognised owner. q —What is the currency of the Bonds to be issued? A. —They will he dated Bth April, 1918, and will mature on 15th Novera- . her," 1938. Q.—What is Inscribed Stock? A. —An investment for which no actual certificates arc issued to investors, but their names find the amount of stock they hold are inscribed in the registers kept for the purpose at the Treasury in Wellington. (Interest free of New Zealand Income-tax.) 4J- per cent. New Zealand Inscribed Stock has currency to 15th November, 1938, And is obtainable through any bank, postal money-order office, or registered sharebroker. All inscribed stock and dividends therebn are payable to the person whose name is inscribed in the Register, and to no other. Q.—Can I sell my War Securities at any time if 1 so desire, and can I borrow money on these securities? A. —Yes; you can sell your securities at any time, for there is a market for New Zealand Government Stock or Bonds. They are considered good security for borrowing money, CL— Do I get any interest on my money while it is loaned to the Government, and at what rate? A. —Yes; the New Zealand Government will pay you interest at 41 per cent, a year on securities issued, free of New Zealand income-tax?, and 5 per cent, on Post Office War Loan Inscribed Stock, which is not free of New Zealand income-tax.' q __How do I collect the interest on Bonds, and how often do I get it? A. —Attached to each bond are interest coupons, one for each six months’ period. "When the'interest date arrives you cut off the interest coupon of that date and take it' to the Treasury or to any New Zealand branch of the Bank of New Zealand or postal moneyorder office, where it will be cashed. The interest will he paid every 15th of May and 15th of November. The first payment will date from Bth April, 1918. q_ How do I collect the interest on Inscribed Stock, and how often do I get it? A.—Each six mouths, as the interest falls' due, the Treasury will post you a cheque in payment of the interest. Q.—lf I should sell my Bearer Bond, how shall ftransfer it to the new owner? A. —If it is a eoupou-bearer-bond, merely by delivery. Just hand it to the new owner. Q.—lf I wish to assist my country in the fight for freedom A.-By purchasing a POST OFFICE WAR CERTIFICATE (free Interest on War Certificates accumulates, and is repayable q.—Supposing I sell my Inscribed Stock? A—You obtain a transfer form from the Treasury, and fill it up in accordance with directions given thereon. Qz—New Zealand Government Bonds and Stock are frequently spoken of as “best security in the world.” Why is this true? A; —Because the promise to pay is backed by the faith and honour of the Dominion.of New Zealand, and by the taxing-power of the whole country, which’in natural resources is one of the richest countries in the world. Q.—Are War Securities exempt from taxation? A.—The interest on 4Y por'cent. bonds and stock is exempt from in-come-tax, but the 5 per cent. Post Office War Loan Inscribed Stock is not exempt from Now Zealand income-tax. q.—On what will the proceeds of this loan be spent? A. —The proceeds of this loan will be used for war purposes only. O.—How can I buy War Loan Securities? A, —By filling in an application form at any bank or postal moneyorder or broker’s office on or before the Bth April, 1918, and by paying the necessary amount. q —As a practical matter, will I have any difficulty in attending to these details? A.—None at all. The New Zealand Treasury, or any bank, ‘registered broker, or postal money-order office Avill gladly give you full instructions at any time without charge. Q.—When I hand my application and money to the bank or money-order office, what do 1 receive? A. —You will receive a provisional receipt for the amount paid. Q.—How long do I hold receipts for Bonds? A. —Until the bonds are printed and distributed from the nearest postal money-order office, when (he receipts must be exchanged for the bonds, Q.—What do I receive in acknowledgment of an investment in Inscribed Stock? A. —You receive a provisional receipt, and when the amount is fully paid up a Certificate of Inscription, signed by 'the Registrar of New Zealand Inscribed Stock, will he posted direct to you, U,—What are the particular advantages of investing in Inscribed Stock as compared with Bearer Bonds? A. —You would be relieved of all anxiety regarding the custody of negotiable documents, such as a bearer-bond, and of the necessity of cutting off and presenting interest coupons for payment. In the case of Inscribed Stock the interest is remitted to you direct by cheque from the Treasury. " Q.—Why are Bearer Bonds sometimes preferred to Inscribed Stock? A. —Because they can be deposited as security or disposed of at the immediate option’ of the holder, and without application to the Treasury. Ot.—What is Post Office War Loan Inscribed Stock? A, —Post Office War Loan Inscribed Stock is issued for the benefit of small investors, having a shorter currency and higher x'atc of interest —5 per cent., which, however, is not free of New Zealand in-come-tax. Individual holdings arc limited to £SOO, and must be fully paid up. Minimum investment, £IOO. but have only small means, how can Ido so? T ‘ of Income-tax)-at any Postal Money-order Office. f with the principal at the end of the specified tenn. ■ , ■ FOR. 13s FOR £6 10s for £65 YOU CAN BUY A £1 CERTIFICATE, YOU CAN BUY A £lO CERTIFICATE YOU CAN BUY A £IOO CERTIFICATE, Repayable in TEN Years. FOR 16s YOU CAN BUY A. £1 FOR £8 YOU CAN BUY A £lO FOR £BO YOU CAN BUY A £IOO Repayable in FIVE Years. CERTIFICATE, CERTIFICATE, CERTIFICATE, 4k LET YOUR ACTION BE PROMPT. OU A C L A L N M A A F Y PO N R 0 P T T B O E V A 0 B U L R E tTd H AV GU^O S r B B R A A V V°E NE M T Erw T H A O L F L ,G C H A T N REURN TO THEIR HOMES AGAIN. I’reasnry, Wellington, N.Z., 1 (itli March, 1918. JOSEPH GEORGE WARD, .Minister of Finance.
FRUIT PRESERVING AND JAM :: MAKING. :: CANNED Eli CITS and Jam arc steadily advancing in price, owing to shortage of jars and tin, so economise by making your own preserves. My stocks include necessary requisites for the purposd, such as . . - SCPEW-TOF PRESERVING JAPS. TIN-TOP .TELIA 7 JAPS. RUBBER PING 6. WOOD SPOONS. PRESERVING PANS. All kinds of SUGAR now in stock, also requirements for Pickle-making—Spices, Vinegar, etc. GOODS APE CLEAN AND FRESH, AND DELIVERED FREE. SEND YOUR ORDER TO E. A. OXLEY, CORNER CLYDE AND MAIN STREETS, FOXTON. ’PHONE, No. 6. - P.O. BOX, No.-26. READ THIS LIST. AND SEND A TRIAL ORDER. 21bs. BUTTER, 3/3. MILK, 8d per Tin. BEAVER BAKING POWDER, l/3 % APRICOTS, 1/4 per Tin. X GLAXO, 2/4 and G/-, per Tin. COCOA, 2/- for lib. Tin. BAUCKHAJTS CASH BUYER OF EGGS AND GOOD DAIRY BUTTER. ’PHONE 52. - - GOODS DELIVERED. J
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Manawatu Herald, Volume XL, Issue 1804, 21 March 1918, Page 2
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1,434Page 2 Advertisements Column 1 Manawatu Herald, Volume XL, Issue 1804, 21 March 1918, Page 2
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