INTEREST RATES.
The return to the investor on his outlay, based upon the latest dividends, works oat a* 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 eterling, exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction :— PER CENT PER ANNUM, i £ s. d. Commercial Bank 3 8 7 Union Bank 3 1 10 National Insurance 4 2 8 Auckland Gas 5 4 9 New Zealand Breweries .... 2 13 4 Australian Glass 3 4 4 Broken Hill 2 15 <> Consolidated Brick 3 17 G Electrolytic Zinc 3 12 i> «. J. Coles 3 10 6 Northern Roller MUls (pf.) 4 10 8 Wilsons Cement 4 3 4 Stock, 13/4/46-49. 4 3 15 6 Bank of New Zealand 4 11 0 New Zealand Insurance ... 3 6 0 Bnddart Parker 3 11 9 Tooth's 3 0 6 Mount Lyell 3 9 0 British Tobacco 3 0 6 Morts Dock 3 18 9
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https://paperspast.natlib.govt.nz/newspapers/AS19370223.2.24.2
Bibliographic details
Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4
Word Count
177INTEREST RATES. Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4
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