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 PEU ANNUM. £ 8. (I. Commercial Bank 4 1 8 Bank of New Zealand 4 11 6 National Insurance 4 4 3 South British 3 4 0 Traders' Finance 8 5 10 Auckland Gas 5 12 10 Dominion Breweries 5 7 0 New Zealand Breweries .... 3 8 0 Australian Glass 3 6 0 Morts Dock 7 5 5 New Zealand Paper Mills .. 5 13 2 Stock, 15/2/43-46, 4 3 14 8 Fanners' Freezing a 14 3
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Bibliographic details
Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4
Word Count
142INTEREST RATES. Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4
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Acknowledgements
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