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. d. Bank of Australasia +3 15 0 Farmers' Auct., B pref. a 4 6 0 Dominion Breweries, pref. r. 3 17 0 Now Zealand Breweries .... 2 16 0 British Tobacco 3 \ \n Broken Hill Proprietary ... 3 1 () Electrolytic Zinc 4 g g O. J. Coles 4 3 0 (lear Meat '. 4 4 2 N.Z. Refrigerating (con.) .. 5 10 9 Consolidated Brick 3 17 4 Martha 12 e 0 Bonds, 15/6/52-55, 4 p.c. . . 3 14 0 tSubject to English Income tax.
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https://paperspast.natlib.govt.nz/newspapers/AS19370127.2.23.4
Bibliographic details
Auckland Star, Volume LXVIII, Issue 22, 27 January 1937, Page 4
Word Count
150INTEREST RATES. Auckland Star, Volume LXVIII, Issue 22, 27 January 1937, Page 4
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