INTEREST RATES.
The return to the inveetor on his outlay, based upon the latest dividends, worjes out as follows on the latest sales. When Government etocks are included, the calculation provides for redemption at the earlier date of maturity. When payment is made in sterling, exchange ie added. In the case of local body issues allowance is also made for 20 per cent interest reduction: — PEK CENT PER ANNUM. £ s. d. Commercial Bank 4 1 6 New Zealand Insurance .... 3 7 9 South British 3 4 0 New JSpnland Brewcrfee .... 3lβ 10 Dominion Breweries 5 7 0 Broken Hill Proprietary ... 4 3 f) Electrolytic Zinc (pref.) ... 6 10 5 Farmers' Trading (i 18 3 Morts Dock 7 3 3 N.Z. Refrijrcratins (c0n.)... 6 12 6 Woolworths (Sydney) 3 7 4 Stock, 15/4/40-40. 4 3 14 7 Com. Bonds, 15/9/47, 4 ... 3 14 9
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Bibliographic details
Auckland Star, Volume LXIX, Issue 99, 29 April 1938, Page 4
Word Count
143INTEREST RATES. Auckland Star, Volume LXIX, Issue 99, 29 April 1938, Page 4
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