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 i» also - made for 20 per cent interest reduction: — i PERCENT PEK ANNUM £ 8. d. Bank of New South Wales .. 3 7 10 Auckland Gas 0 3 3 Dominion Breweries 4 2 10 Broken Hill Proprietary .... 31 6 . Uunlop, Ferdriau . 5 6 0 Farmers' Tradinjr H 12 i) Farmers' Fertilizer 5 15 5 Wilsons Cement 3 14 0 UNABLE TO PAY. BRISBANE BROKER FAILS. • — , (Received 10 a.m.) BRISBANE, this day. Notification from Mr. Alan D. Abercrombie that he is unable to meet his financial engagements hns been received by the committee of the Brisbane Stock Exchange. Mr. Abercrombie haa been president of the Brisbane Exchange for the past two years. A leading firm of Brisbane accountants was immediately instructed by the committee to make a full investigation of Mr. Abercrombie'e books. MOUNT I,YELL QUOTATION. LONDON, July 5. Mount Lyell shares, £1 12/3.
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 158, 6 July 1937, Page 4
Word Count
198INTEREST RATES. Auckland Star, Volume LXVIII, Issue 158, 6 July 1937, Page 4
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