INTEREST RATES.
The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. Where Government stocks are included the calculation provides for redemption at maturity. In the case of local body issues allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. National Insurance 4 1 0 New Zealand Insurance .... 3 10 10 New Zealand Refrigerating . 6 2 6 Wilsons Cement 3 15 0 New Zealand Newspapers .. 3 7 3 E., S. and A. Bank 2 12 6 Bank of New South Wales. . 2 19 0 Bank of New Zealand 4 2 0 South British 3 12 0 Farmers' Auct. (B pref.).. 5 6 6 Taupiri Coal 6 13 4 Waihi 6 11 2 New Zealand Breweries .... 3 10 b Northern Holler Mills 4 7 G
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Bibliographic details
Auckland Star, Volume LXV, Issue 56, 7 March 1934, Page 4
Word Count
142INTEREST RATES. Auckland Star, Volume LXV, Issue 56, 7 March 1934, Page 4
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