INTEREST RATES.
The return to the Investor on his outlay, based upon the latest dividends, worka 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 iB also made for 20 per cent interest reduction: — PER CENT PER ANNUM. £ b. d. Auckland Gas (con.) 5 15 3 New Zealand' Breweries .... 318 6 British Tobacco 4 7 3 Farmers' Trading 6 1(5 (J Ditto (pref,) 5 fi 8 Woolworths (Sydney) 3 8 2 Mount I,yell 4 5 0 Stock, TiU-Tiu, 4 p.c 3 14 6 Dominion Investment *5 8 0 C. 1,. InncH 6 8 O Broken Hill Proprietary .... 4 3 0 Grey and Mcnzles 5 15 0 New Auckland Laundry .... 0 0 0 Radio lfi 13 4 Kauri 7 4 6 •■Subject to New Zealand Income tax.
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Bibliographic details
Auckland Star, Volume LXIX, Issue 120, 24 May 1938, Page 4
Word Count
157INTEREST RATES. Auckland Star, Volume LXIX, Issue 120, 24 May 1938, Page 4
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