INTEREST RATES.

Auckland Star, Volume LXVIII, Issue 23, 28 January 1937, Page 4

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 ANNOM. £ 8. d. Bank of-New Zealand 4 18 2 National Insurance 4 1 u South British - ls» 10 Dominion Breweries d 1 - Broken Hill Proprietary ... 3 1 4 Claude Neon (N.Z.) u 1 7 Dunlop 5 » 2 Electrolytic Zinc 4 <> n Farmers' Trading 4 o 10 G. J. Coles 4 3 O Macky, Logan v." ■> f 4 Morts Dock 4 11 4 New Zealand Drug 4 4 0 Auckland Gas 4 13 0 New Auckland Laundry .... 0 0 0 Bonds, 4 per cent, 1952-55 . 3 14 0 Stock, 4 per cent, 1043-40 3 12 O Ditto, 1946-49 3 12 b Auck. Harbour Bd., 9/7/52 3 10 0 Ditto, 9/7/37 317 « j LONDON TERMS STEADY. (Received 12.30 p.m.) l/ONDOX, January 27, Discount and short loan rates on the London market, compared with those for last week, are a 8 follow: — Jan. 20. Jan. 27. p.e. p.c. Day-to-day loans < i 1 „„ Fine trade bills (3 mos.) 2to 2J 2to 2| Bank bills (3 months) . 9-10 9-10 Bunk bills (0 months) . 5-8 5-8 Treasury bills (2 mos.) J 1 treasury bills (3 mos.) 1 i New York call rates are quoted at 1 per cent.