INTEREST RATES.
The return to the investor on hi* 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. £ s. d. Bank of New South Wales.. 3 510 Bank of New Zealand 4 10 0 National Insurance 4 2 5 Auckland Gas 5 4 8 New Zealand Breweries .... 2 13 4 Tooth's Brewery 3 9 8 British Tobacco 3 O 6 Broken Hill Proprietary.... 2 15 7 Farmers* Trading 4 6 11 - G. J. Coles 3 10 9 Morts Dock 3 18 8 Mount Lyell 3 13 10 Stock, 15/4/46-49," 4 3 15 6
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https://paperspast.natlib.govt.nz/newspapers/AS19370224.2.16.2
Bibliographic details
Auckland Star, Volume LXVIII, Issue 46, 24 February 1937, Page 4
Word Count
144INTEREST RATES. Auckland Star, Volume LXVIII, Issue 46, 24 February 1937, Page 4
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Acknowledgements
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