INTEREST RATES.
The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. When Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment is made.-in sterling, "exchange 'is added. In the case of local body issues allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. _ £ 8. (1. Bank of New Zealand 4 l(i 5 National Insurance 4 \1 a South British 2 10 7 Dominion Brewery 4 o 6 Brrlel (N.5i.) 3 10 11 Farmers' Trading 4 15 3 Now Zealand Newspapers .. 210 11 Bonds, 15/0/52-55, 4 3 17 7
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 7, 9 January 1937, Page 4
Word Count
113INTEREST RATES. Auckland Star, Volume LXVIII, Issue 7, 9 January 1937, Page 4
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Acknowledgements
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