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 FEB ANNUM £ s. d. United Building 4 17 6 Broken Hill Proprietary .... 3 1 6 U. J. Coles 3 10 Mtlne and Choyce (deb. stock) 4 12 0 Stock. 15/2/43-46, 4 3 10 0
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19370705.2.32.4
Bibliographic details
Auckland Star, Volume LXVIII, Issue 157, 5 July 1937, Page 4
Word Count
101INTEREST RATES. Auckland Star, Volume LXVIII, Issue 157, 5 July 1937, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.