Page 2 Advertisements Column 1

Manawatu Herald, Volume XLII, Issue 2197, 2 November 1920, Page 2

DOMINION OF fp. x-->, w 'LuX; wm i j NEW ZEALAND. Discharged PROSPECTUS/ Soldiers’ Settlement Loan, ISSUE OF £6,000,000 51 per cent. PRICE OF ISSUE: PAR. TERM OF LOAN: 12 YEARS. SUBSCRIPTIONS COMPULSORY. r Tj[[.] ATTENTION i‘.l' |lu» public is specialiv drawn to tlie provisions of the Discharged Soldiers Settlement Loans Act, 1920, under nhich poisons (.in lx (oin polled lo con!rilnile to the Loan an amount equal to ' the yearly average of the land-tax and income-tax paid or payable by them for the three years ended on the thirty-first day of March, nineteen hundred and twenty. r All monevs invested under the compulsory clauses of the Act will bear interest at, the rate of. three per cent, per annum only. . . ... X.B.—li Ull ist be noted that the amount fixed by Act is the MINIMUM subscription only. Every person is expected to invest to the lull extent o.L his ability. Subscribers io previous Loans are not relieved from obligation to subscribe to this Loan. h " ’ 1 ' 1 the SUBSCRIPTION LIST WILL BE CLOSED ON THURSDAY, 25th NOVEMBER, 1920. T||,. is I Milli,.iisi„l n, 1., raise.] mulcr the Diseharscd Soldiers Settlement I.oane Aet, 1920, anil |)ursnnul to the Now Zeulaml Loans Aet. IM, and Indlt canilal and-interest will be charged upon the consolidated revenue of the Dominion. t , vni>ir , ( /w , THE f()V\ T WILL BE UTILISED FOR THE PURPOSES OP SETTLEMENT ON THE LAND OF DISCHARGED SOLDltMife IN lERMS Of LHE DIS(TI \RGE o' SOL DTE R S SETTLEMENT ACT, 1915, AND Will TAKE THE FORM EITHER OF INSCRIBED STOCK OR BEARER-BONDS, AT THE OPTION OE THE SUBSCRIBER, OR POST OFFICE INVESTMENT CERTIFICATES OR OTHER SECURITIES. . £2 500.000 of the Loan will be reserved for individual persons who desire io invest in Inscribed Stock which will he available for payment in New Zealand of death duties Application- for this class of security must be specially marked. Those securities will not hC-fransferable, hut may he exchanged a I the XreasUi> lor other available securities if so desired. Should applications be received in excess of £2,500,000, an allotment will ho made by the Con roller and AuditorGeneral, ami any sums which cannot be accepted for Death Duty Stock may he invested in ordinary Stock or Bonds, at the option ot the subscriber. The issue is an investment authorised by the Trustee Act, 1908, and Trustees may invest therein. , Applications will not he accepted for less than £IOO, but investors may subscribe sums of £1 and upwards, for a period ot live or ten years, at any 1 octal Monev-ovder Office. {See below.) . , , , ... . , , , . The Bonds will be issued in denominations of £IOO, £SOO, and £I,OOO. „r such higher denominations as may he •arrangetk and will .JO payable to iK'arei. Stock will not be issued for anv amount under £IOO, and any sum applied for in excess of £IOO must be a multiple of. £H). _ 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 15lh .January, 193:), The Minister of Finn nee may in special circumstances and by mutual arrangement accept investments for a shorter period than twelve years, hearing interest at a lower rate than live and a-half per cent, per annum, and issue securities therefor. Interest on Bonds and Stock will he paid half-yearly, on 15th January, and 15th July, and is 1101 free, of income-tax. The Hi’st interest will he paid on 15th .July, 1921. - Interest on fully-paid allotments and on the first instalment of instalment allotments will accrue from date of lodgment lor credit ot. the 1 ul.be Account at the nearest branch of anv Bank or of any. Postal Muncy-order Office. - . , . . . . ,/ Interest on second, third, fourth, and fifth lodgments of instalment allotments will date from the respective dales 01. payment shown under heading LotlgmCl/ii(eresl on Inscribed Stock will he paid by Dividend Warrant, which will be transmitted by post, or the amount will be credited to a banking account; at the option of the. subscribers. . Interest on Bonds will be paid on production of Coupon, except the first payment, which will bo by treasury Cheque. Both Warrants and Coupons will be payable, free*P.f exchange, at the Treasury. Wellington, or at any Postal Money-order Cilice or branch 01. the bank of New Zealand in (he Dominion, or in London or Australia, as may be arranged. ~ . CONVERSION—HoIders of Bonds issued under (his Loan will have the option of converting such Bonds into live and a-half per cent. Inscribed Slock on any half-vearlv due'date of interest. . , .. . . T LODGMENTS.—Forms of; application may be obtained and lodgments made at any Postal Money-order OJhco, or al any branch of any Bank, or at the IRusury at Wellington. Lodgments will be made as follows ; » FULLY PAID ALLOTMENTS— On Application ■ • • • • • HU) per cent. INSTALMENT ALLOTMENTS—--20 per com. on application (first instalment); 20 per cent, (second instalment), Monday, 101 b January, 1921. 20 per cent, (third instalment), Thursday. 17th February, 1921; 20 per cent, (fourth instalment), Monday, 2.1 si March, 1921. 20 pen cent, (fifth instalment), Thursday, 28th April, 1921 Instalments may he prepaid. . . In case of default in the pavmcnt of anv instalment at its due date, instalments previously paid will he liable to iorteiture. Provisional receipts will be issued for all payments, and in the ease of investments in Bonds these 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 be posted to investors when the amounts are hilly paid up. ‘ The Stuck will be Inscribed in accordance with the New Zealand inscribed Slock Act, 1917 (read in conjunction will. Ibe New Zealand Loans Ad, 1J08). ami the inscription-books of the Loan will he kept al the Dominion Treasury, al Wellington, where all transfers of Slock will be made. Translcr-lorms may be obtained at the Treasury. , *. ... , , . , n ... , . The Banks'have agreed to allow advances at a reasonable rate of interest to clients who desire to invest m the Loan but who have nut the remix monc.x to enable them to do so within the time prescribed. ' . ' . , • n • ■REGISTERED SHAREBROKERS will he allowed a commission of 5s per £l9O on allotments made m respect of applications tor (Ins issue hearing tiieii stamp and forwarded to the Treasure through anv Bank or Postal Money-order Office 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 iml forwarded as aforesaid, or on applications for Post-office Investment Certificates/ or on applications made after the closing «>f Gm Hoan. 11 V POST OFFICE INVESTMENT CERTIFICATES. To enable persons of moderate means to subscribe to the Loan, applications will be received at any Postal Money-order Office for Post Cilice Investment Certificates. Investment Certificates are repayable, with interest compounded, at (lie end ot five or ten years, Euli particulars mmrdinir the Post Office Investment Certificates are obtainable at any Postal Money-order Ollier. 1 " DEPRECIATION FUND. Prevision has been made fur the establishment of a special fund not exceeding £50,000 per annum for the purpose of stabilising the value of securities i-sued under the authority of the Discharged Soldiers, Settlement Act, 1920, and.providing, in addition to the Sinking Funds established under the Public Debt Extinction Act, a further means of reducing the debt. ■ , , . , . , • , APPLICATIONS will close on 2nih November. 19 20, but the Minister of Finance reserves the right to close at a prior date, or to extend (lie period. ... ... ; v y w. F. MASSEY, J reasiin, Wellington,. N.Z. - MINISTER OF FINANCE. Ist November, 1920.

p; wtMii^jtiaßaeßgsa^ WE CAM SAVE YOU £ £ £. ||ICi]EST (/L'ALITY Peaches, Pears and Apricots, l/o I in; Newbury's Rusks, 1/5; (ininose Biscuits, 1 1 ; (’once Essence, 1/(5; largo Custard Powder, 1/4; Essences, 6d; .Flour, 11 Is (5d 100‘s; Oatmeal, 8/5) L’.j’s; Caustic Soda, lid; Table for 1/-; Loose Tea, 2/1 and 2/3 lb.; Seeded Raisins (Sunmaid), 1/2 packet ; Edmond’s Baking Powder, large tin, 2/4; Cornflour, 8d; Sago, 5d lb.; Bates, (d II).; Milk, lOd tin; Shaker Salt, Od; Velvet Soap, lOd; Rice, 7d lb.; Sultanas, 1/2 lb. No price-lists issued. Send open cheque with order, or await our invoice. PULLAR & BURROWS, CASH FOOD 'PROVIDERS, The Square :: Palmerston North. piXLAY’S Linen Window Blind Hollands, in dark green and Brown, Lowest estimates given for making up any size blinds, at BARK & TVER’S. After theatre, dance or party take XAZOL. Prevents chill from changing atmospheres. Convenient for pocket or bag. 1/(5 for (50 doses. Vinegar, 8d; Saud Soap, 5 cakes SHINE ;of the Tlmesj Woods’ Great Peppermint Cure, for Coughs and Colds, .never fails, 1/9, 2/9, - > 3..^-