Page 3 Advertisements Column 4

Pukekohe & Waiuku Times, Volume 4, Issue 99, 22 October 1915, Page 3

NEW ZEALAND GOVERNMENT £4 10s per cent. DEBENTURES. Issue of 4A per cent. Bearer Debentures unde r the authority of th£ Finance Act, 1915, and pursuant to the New Zealand Loans Act, 1908. as amended by the New Zealand Loans Amendment Act, 1915, to provide moneys for local expenditure During The War. PEICE OF ISSUE FIXED AT £IOO PER CENT. The Government of New Zealand desires to place before the public of the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the secuiity of the Public Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. In view of the financial strain at present imposed on the Imperial Treasury in providing moneys for carrying on the war, the Government of this country confidently asks all New Zealanders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus in a measure relieve the Mother Country of the burden of having to provide the capital required for local purposes in New Zealand; Forms of application may be obtained from any Postal Money-older Office, or from the Treasury. Applications may be lodged at any Poatal Money-order Office, at the Treasury, Wellington, or at any Bank or registered Hbarebroker's office in the Dominion. Applications may be made for £5 or any multiple of £5, and for a currency of 5, 10, 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. If cheques are foi warded exchange must be added were payable. ' In caseß where application is posted direct to Wellington thd lodgments must be first paid in to the "Public Account" at any branch of the Bank of New Zealand, and the bank receipt must in such case be forwarded to Wellington with the application. Application 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 Auditor-General. In the case of default in payment of the balance the deposit previously paid will be liable to forfeiture. If no allotment is made the deposit will bo 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 halfyearly on presentation of coupons at a Postal Money-order Office, or at the Bank of New Zealand, or at the Treasury. Interest will be computed from the jjHh October, 191 o, and will be free of income-tax. Au annual Sinking Fund is established to provide for the redemption of the Debentures The Debentures will be issued in denominations of £5, £25, £SO, £IOO, £SOO, £I,OOO, or in such higher denominations as may be agreed. upon with the Treasury, and will be made payable to the bearer. Debentures will be repayable at par at the Treasury, Wellington, or at any offio? of the Bank of New Zealand in tlie Dominion on their due date. Banks and registered Sharebrokers will be allowed a commission of ss. per £IOO on allotments made in respect of applications roceived from them direct, and which bear their stamp, and are forwarded to the Treasury , or to the Post-offices under cover of the form provided. Covering forms are obtainable from the Post-offices. Commission will be paid' after allotment, and*will not be 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, but the Government reserves the light 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 -f ~ny amounts forwarded with appluu.Lv/us which are declined. CONVERSIONS. Holders of Government Debentures issued under the New Zealand Loans Act and maturing on or before Ist December, 1916, will have the option of converting into 4 i per cent. 1915 Debentures at par if application is made to the Treasury on or before 30th November. 1915. The interest under the new debenture will take effect after the coupon-for the then current half-year under the old debenture has been paid* POST-OFFICE SAVINGS-BANK DEPOSITS. Persons who now have money deposited in the Post-office Savingsbank may purchase 4 J per 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 flic requisite transfer may be made. Interest at 4.1 per cent, under the new debentures will date from the loth October, 1915. The forms of application and transfer may be obtained at the Postolhces. 1016

POKENO BUTCHERY. GLASS BROS. Beg to notify that they have opened a Branch Business at POKENO (near the Railway Station) a tul the aame is under the management oi Mb I. .Day, of Auckland.