Page 2 Advertisements Column 1

Manawatu Herald, Volume XLI, Issue 2025, 6 September 1919, Page 2

PROSPECTUS - ' OF DOMINION OF NEW ZEALAND ISSUE OF £10,000,000 4| PER GENT WAR LOAN. FREE OF NEW ZEALAND INCOME TAX. a PRICE OF ISSUE : PAR. TERM OF LOAN : 20 YEARS. SUBSCRIPTIONS COMPULSORY. The ATTENTION of the public is specially drawn to. the provisions of Itie Fimmee f Act, 11)18 (No. .under which persons can be compelled to contribute to the loan an amount equal to throe times the yearly average of the land-tax plus income-tax (exclusive of excess-profits duty) paid or payable by them for the tinee years ended on the thirly-lirsl day of March, nineteen hundred and eighteen. All moneys invested under the compulsory clauses of the Act will hear interest at the rate ol; three per .cent, per annum only. N.B. —It must he noted that, the amount fixed by the Act is the MINIMUM subscription only. Every person is expected to invest to the full extent of his ability. Subscribers to previous loans are no I relieved from obligation to subscribe to this loan. THE SUBSCRIPTION LIST WILL BE CLOSED ON THURSDAY, 25th SEPTEMBER, 1919. The Loan is authorised to be raised under the Finance Act, 1918, and Finance Act, 19J8 (No. 2), ami pursuant to the New Zealand Loans Act, ll’OS, as amended bv the New Zealand Loans Amendment Act, 1915, and both capital and interest will b#charged upon the consolidated revenue of the Dominion. THE LOAN WILL BE UTILISED BY THE DOMINION FOR REPATRIATION AND PAYMENT OF SOLDIERS AND OTHER PURPOSES IN CONNECTION WITH THE war, and will take the form-either of Inscribed Stock or Bearer-bonds, at the option of the subscriber, or Post Office Securities, £375,000 of the Loan will lie reserved for individual persons who desire to invest in securities which willhe available for payment of New Zealand death duties. Applications for (his class of security must bo specially marked.' These securities will not lie transferable, but may he exchanged at the Treasury for other available .securities if so -desired, (should applications lie received in excess of £375,000, an allotment will be made by the Controller and Auditor-General, and any sums which cannot he accepted for Deal!} Duty (stock may be invested in ordinary Stock or Bonds, at the option ot the; subscriber. The issue is an invest men I authorised by the Trustee Act, .1908, and Trustees, may invest therein. Applications will not he accepted for less limn £IOO, hut small investors may subscribe sums of £1 up to £SOO, for a period of live or ten years, at any Posttil Money-order Office. The Blinds will he issued in denominations of £IOO, £SOO, and £I,OOO, or such higher denominations as may be arranged, and will he payable to bearer. Stock will not he issued for any amount .under £IOO, and any sum applied for in excess of £IOO must he a multiple of £lO. ; The Loan will be repaid til par at the Treasury, Wellington, or at tiny branch of' the Bank of New Zealand in the Dominion on 20lh April, 1939. Interest on Bonds and Stock will ho paid half-yearly, on 20th April and 20!h October.' ‘ The first interest will be paid on 20th April, 1920,and will amount to £2 Its 3d per cent, on fully-paid allotments (208 days), and £llsa 3d per cent, on instalment allotments, ■ , - ' Interest on fully-pa id allotments and on the first instalments of instalment a I hit men (s will date from 25th September, 1919. .Interest on second, (bird, and .fourth lodgments of ..instalment allotments will date from the respective -dates of payment shown under heading “Lodgments.”' Interest on inscribed Slock will he 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 he payable, free of exchange, at the Treasury, Wellington, or ill any Postal Money-order Office, or at any branch of the Bank of New Zealand in I lie Dominion, or in London or Australia as mav lie arranged. LODGMENTS.-!’ onus of application may. lie obtained and lodgments made at any Postal Money-order Office, oral any branch of any Bank, or at the Treasury, Wellington. ..,> 1-. . ' ,i Lodgments will be made as follows: — • . ' FULLY-PAID ALLOTMENTS— On application . . . . 100 per cent. ' , INSTALMENT ALLOTMENTS — 25 per cent, on application (first instalment)’. 25 per cent, (second instalment),.'Monday, 10th November, 1919: 25 percent, (third instalment), Thursday,* 18th December, 1919: 25 percent, (fourth instalment), Monday, 2nd February, 1920. Instalments may be prepaid, but such prepayments will not entitle the subscriber to any additional interest. In ease 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 payments, and in the ease of investments in Bonds (hose receipts will be exchangeable for Bonds.to Bearer as soon as the latter can be prepared. in the case of Stock Investments, Inscription-certificates will lie posted to investors when the amounts are fully paid up. The Stock will lie inscribed in accordance with the New Zealand Inscribed Stock Act, .1917 (read in conjunction with the New Zealand Loans Act, 1908), and the inscription-hooks of the Loan will be kept at the Dominion Treasury, at Wellington, where all tiansfers of Stock will be made. Transfer-forms may be obtained at the Treasury. Holders of existing War-bonds in the £1(1,000,000 Loan, issued under section 35 of the Finance Act, 19 Hi,.may at any time before .the Ist March, 31*20, and on application in writing to the Dominion Treasury, Wellington, convert into Inscribed Stock, with currency to 15th November, 1938. The Banks have agreed to allow advances at a reasonable rate'of interest to clients who desire to invest in the Loan hut who have nol (he ready money to enable them to do so within the time prescribed. Arrangements will be made for New Zealand War Loan Securities to he quoted on the London Stock Exchange a> soon as the British Chancellor of the Exchequer agrees. REGISTERED SHAREBROKERS will he allowed a commission of 5s per £199 on allotments made in respect,of applications for Ibis issue hearing their •Gamp, and forwarded to the Treasury through any Bank or Postal Money-order Office under cove)' of memorandum signed by the sharebroker. No commission will be allowed in respect of applications on forms which have not been printed by tiß* Government Printer,' or on applications not .forwarded as aforesaid, or on applications for Post-office Certificates or Slock, or on applications made after the closing of the Loan. POST OFFICE WAR LOAN CERTIFICATES AND POST OFFICE 5 PER CENT. WAR LOAN INSCRIBED STOCK. To enable persons of moderate means to subscribe to the Loan, applications will he received at any Postal Money-order Office for Post Office War Loan Certificates or Post Office 5 per cent. War Loan Inscribed Stock at the option of (he subscriber. War Loan Certificates are reoayahle, with interest compounded, free of income-tax, at tjio end of live .or ten years. Post Office Wav Loan Stock will be inscribed for not less than £lO9, but not exceeding £SOO, and will have a currency of approximately ten years, maturing 291 h April, 1921). Any sum offered in excess of £lO9 must lie £lO or a multiple of £lO, Interest will be paid by warrant at the rale of 5 per cent., and will be subject to income-tax. . Full particulars regarding the Post Office War Loan Certificates and Post Office War Loan Inscribed .Slock arc obtainable at any Postal Money-order Office. Holders of 5 per cent. Post Office War .Bonds issued under the War Purposes Loan Act, 1917, and, section OS, Finance Act, 19.17, will have (lie right to ('(invert into 5 per cent. Post Office War Loan Inscribed Stuck, with currency to the 15(Ji November, 1927, at any lime after 15th November, 1919, cm application in writing to the Dominion Treasure, Wellington, or through anv Postal Monev-order Office. APPLICATIONS will close on 25th September, 1919, but the Minister of Finance reserves the rigid to close at a prior date or to extend the period. • * '*UTreasury, Wellington, N.Z ' -1\ J JAMES ALLEN, ’ fith September, 1919. . ' . . ; * "J MINISTER OF FINANCE,

if PRICES* AT HAUCKHAM’S BARILLA TOILET SOAP, 3 Large Cake., for 1/-. SEEDED RAISINS. ‘lUd Per Paekei. MILK, Per Tin Od. TINNED RABBIT JN JELLY, 1/2 Per Tin. JAM, Td Per Tin. A GOOD VARIETY OP SEED POTATOES. BAUCKIIAM’S DELIVERY TWICE DAILY. ’PHONE 52. Agent for COMMERCIAL UNION ASSURANCE Go., Ltd,

CROCKERY & GLASSWARE. HAVING just opened a large assortment of PLAIN AND FANCY CROCKERY and GLASSWARE, your inspection of same is invited. All lines at reasonable prices. I also have full stocks of BISCUITS AND CONFECTIONERY to choose from. We sell the famous “ROBUR” TEA. Try 4 the No. 3 Blond, at 2/2 per lb. ALL GOODS DELIVERED FREE. E. A. OXLEY, CORNER CLYDE AND MAIN STREETS, FOXTON. ’PHONE, No, 6. P.O. BOX, No. 26.