INTEREST RATES.
The return to the Investor on his outlay, j based npon the latest dividends, works 1 out as follows on the latest- sales. W hen Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment is marie -in sterling, exchange is added. In the case of local body issued allowance is also made for 20 per cent interest reduction: — PER CENT TER ANNUM.
£ s. a. Commercial Bank 4 3 0 Bank of Xpw Zealand 4 13 0 South British 3 '» « Auckland (4a s •"> g •? Devonport Ferry 4 11 Bonds Hosiery ■"' 1 •*' Colonial Sugar 3 => o >"pv Zealand Newspapers .. 3 11 4 Woolworths (Sydney I 3 17 4 'Sellridgcs (Australia) 4 8 o
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Bibliographic details
Auckland Star, Volume LXIX, Issue 65, 18 March 1938, Page 4
Word Count
121INTEREST RATES. Auckland Star, Volume LXIX, Issue 65, 18 March 1938, Page 4
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Acknowledgements
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