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 ANNUM.
£ b. d. Bank of New South Wales S fi 3 Bank of New Zealand 4 10 o Commercial Bank 3 8 6 New Zealand Insurance .... 3 510 National Timber .10 O 0 Tanpo Totara . . '7 4 2 Australian Glass 3 4 •> British Tobacco 3 1 8 Consolidated Brick ? Dun lop 5 3 ® c John Fuller. 1949. 61 p.c... 9 0 0 Milne and Choyce deb. stk... 4 17 0 Denys Lascelles 4 3 0 J. Staples "J 18 3 G. J. Coles 3 12 0 North Auckland Laundry — 5 14 0 Mount L»yell 3 14 B Morts Dock 4 0 0 Mount Bden, 1/4/42 3 13 o Amalgamated Brick 5 18 0 Akd. Harb. Bd.. 9/7/41, 4* 3 17 3 B., S. and A. Bank f. 2 17 0
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 48, 26 February 1937, Page 4
Word Count
198INTEREST RATES. Auckland Star, Volume LXVIII, Issue 48, 26 February 1937, Page 4
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