INTEREST RATES.
The return to (he investor on his outlay, based upon the latest dividends, works oat 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. T * £ ■. d. Bank of New South Wales.. 3 5 10 Bank of New Zealand , 4 9 11 Union Bank : T . 3 1 3 Xew Zealand Insurance 3 5 10 National Insurance 4 2 0 Goldsbrongh, Mort 3 14 8 United Perm. Building 4 17 7 Auckland Gas 5 0 0 Kauri Timber 5 7 6 Broken Hill Proprietary ... 2 16 3 Claude Neon (N.Z.) 5 3 5 Dunlop, Perdriau 5 3 11 Dominion Fertiliser 3 14 7 Electro. Zinc . 3 16 3 G. J. Coles 3 12 9 M.K. Millinery 7 8 5 Morte Dock 3 18 8 Robinsons Ice 5 4 4 Martha 12 8 6 Mount Lyell 3 12 9 «SL 1 ?* Breweries 2 13 4 British Tobacco 3 1 9 Stock, 15/4/46-49. 4 3 Iβ 8
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 47, 25 February 1937, Page 4
Word Count
198INTEREST RATES. Auckland Star, Volume LXVIII, Issue 47, 25 February 1937, Page 4
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