Page 6 Advertisements Column 2

Taranaki Daily News, 22 March 1918, Page 6

LIBERTY WAR LOAN !T inruiinmiiun p.duui jsaii L"j«h qui An Individual Appeal t© Sybscribe. If the Information you want about War Loan 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. —What is the War Loan, and what is it for? -It is a loan of money by the people of New Zealand to tlio New Zealand Goveminent to feed, clothe, and maintain our soldiers, so that they may continue to light shoulder to shoulder with our Allies for the overthrow of German tyranny. \ —What is a New Zealand Bearer Bond? -When you loud your money to the New Zealand Government you get the signed promise of the Government of New Zealand to pay principal and in—erest. it is a direct and unconditional promise of the Dominion of New ea and to pay on certain dates a specified sum of money, with interest at a 'Specmed Tate, and payable at speciiic dates untfl the bond matures. The -Bonus are issued to Bearer and executed by the Minister of Finance for New ealana. A bearer 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 ' What is the currency of the Bonds to be issued? -They will be dated April 8, 1918, and will mature oil November 15, 1933. .—What is inscribed Stock? -An investment for which no actual certificates are issued to investors, but . lell ? anl ®. s :iu " amount of stock they hold am inscribed in the registers Kept tor tlie purpose at the Treasury in Wellington. (Interest fres of New Zealand income-tax.) i} PER CENT. NEW ZEALAND INSCRIBED QTOGK HAS CURRENCY TO NOVEMBER 15, 1938, And is obtainable through any bank, postal money-order office, or registered sharebroker. All inscribed stock and dividends thereon are payable to the person whose name is inscribed in the Register and to no other. -Can 3 sell my War Securities at any time if I so desire, and can I borrow money on these securities? ~^ C rr' ?° U , C r, n our s f cur 'ties at any time, for there is a market for New Zealand Government Stock or Bonds. They are considered good seeuritv for borrowing money. _ -Do I get any interest on my money while it is loaned to the Government, and at what rate? -Yes; the New Zealand Government will pay yon interest at 41 -per cent, a year on securities issued, free of New Zealand income-tax. and 5 per cent, on .Post Unice War Loan Inscribed Stock, which is not free of New Zealand income-tax. . How do J collect the interest on Bonds, and how often do I get it? —Attached to each bond are interest coupous, one for each six months' period. Uhen the interest aa to arrives you cut off the interest coupon of that date and take it to the Ireasury or to any New Zealand branch of the Bank of ; ew or PP ost money-order office, where it will be cashed. The inSJnVf P f T l *. May 15th of November. The first payment will date from April 8, 1918. .—How do I collect the interest on Inscribed Stock, and how often do I get it? '■tfwSrtf'&tisr' Ml ' ** •* *—* «■ «• * .—lf I should sell my Bearer Bond, how shall I transfer it to the new owner? ~ lf owner. a coupon " bearer bon<J > merely by delivery. Just hand it to the new fill it up in accordance witj Q. —Supposing 1 sell my Inscribed StoG^ 0 A.—You obtain a transfer from the Treasury ana directions given thereon. Q.—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 ckuciry, which in natural resources is one of the richest countries in the world. Q.—Are War Securities exempt from taxation? A.—The interest on 4J- per cent, bonds and stock is exempt from income-tax, but the 5 per cent. Post Office War Loan Inscribed Stock is not exempt from New 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. ' Q.—How can I buy War Loan Securities? A.—By filling in an application form at any bank or postal money-order or brokers office on or before April 8, 1918, and by paying the necessary amount. Q.—As a practical matter, will I have difficulty in attending to these details? A.—None at all. The New Zealand Treasury, or any bank, registered broker, or postal money-order office will gladly give you full instructions at any time without chaxge. Q.i&When I hand my application and money to the bank or money*' order office what do I 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 moneyorder office, when the 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 be posted direct to you. Q.—What are the particular advantages of investing in Inscribed Stcck 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 c-aso of Inscribed Stock tho 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. Q.—What is Post Office War Loan inscribed Stock? A.—Post Office War Loan Inscribed Stock is issued for tho benefit of small investors, having a shorter currency and higher rate, of interest—s per cent., which, however, is not free of New Zealand income-tax. Individual holdings are limited to £SOO, and must bo fully paid up. Minimum investment, £IOO. Q. If I wish to assist my country in the fight for freedom but have only small means, how can Ido so? A.—By purchasing a POST OFFICE WAR CERTIFICATE (free of Income-tax) at any Postal Money-Order Office. Interest on War Certificates accumulates and is repayable with the principal at tho end of the specified term. For 13S. you can buy a£l Certificate For £6 10. you can buy a £lO Certificate For £OS you can buy a £IOO Certificate Repayable in TEN Years. For 16s. you can buy a£l Certificate For you can buy a £io Certificate For J£llo you can buy a £IOO Certificate Repayable in FIVE Years. LET YOUR ACTION BE PROMPT. Ail may not b e able to fight with gun, bomb, and bayonet, but all can help by making e J£u ?!? you can afford to your country to-day, so that the brave men who fight may have the means to secure victory, and return to their homes again. Wellington, 16th March, 1918. J. G. WARD, Minister of Finance.