INTEREST RATES.
The return to the investor on his outlay, based upon the latest dividends, works out as follows on the ]atest a sales. When Government stocks ore included, the calculation provides for redemption at the earlier date of maturity. When payment ia 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. Commercial Blink 3 17 4 New Zealand Insurance .... 3 4 5 Fanners' Anct. (£5 paid).. 0 «» 4 Auckland Ons 5 3 0 Hiuldart. Pnrker 4 14 0 British Tobacco 3 5 8 Colonial Stig:ir 3 3 B Northern Roller Mills 3 10 2
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https://paperspast.natlib.govt.nz/newspapers/AS19371002.2.16.6
Bibliographic details
Auckland Star, Volume LXVIII, Issue 234, 2 October 1937, Page 4
Word Count
115INTEREST RATES. Auckland Star, Volume LXVIII, Issue 234, 2 October 1937, Page 4
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Acknowledgements
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