INTEREST RATES.
The return to the investor on bis outlay, based upon the latest dividends, works out aa 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 nllowanco is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. Bank of New South Wales . . 3 7 0 Pukemiro (i o 0 Broken Hill 8 2 0 New Zealand Insurance .... 8 3 0 Traders' Finance (con.) ... 4 8 3 British Tobacco ,3 2 0 G. >.T. Coles . ... 3 II) 0 Koller Mills 3 12 V City of Auckland, 1/1/44 . . 318 « Anialg. Brick 1/3/44 (Ak.) 5 16 0
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https://paperspast.natlib.govt.nz/newspapers/AS19370210.2.24.4
Bibliographic details
Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 4
Word Count
128INTEREST RATES. Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 4
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Acknowledgements
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