INTEREST RATES.
The return to the investor on his outlay, [ based upon the latest dividends,, works , out as follows on the latest sale 6. When \ Government stocks are included, the | calculation provides for redemption at the earlier date of maturity. When pay-1 merit is made in sterling, exchange is . added. In the case of local hody issues! allowance is also made for 20 per cent interest reduction:— I PER CENT PEK ANNUM.
£ s. d. Bank of New Zealand 4 9 9 f Hnrtdart. Parker 4 Hi » Milne mill Clioyce. pf., 8 p.c. 5 9 0 Woolworths (Sydney) 3 11 7 ! Mount Lyelli 4 6 0 I Stock, 15/1/53-57, 31 ..... 8 14 6
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Bibliographic details
Auckland Star, Volume LXIX, Issue 127, 1 June 1938, Page 4
Word Count
112INTEREST RATES. Auckland Star, Volume LXIX, Issue 127, 1 June 1938, Page 4
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Acknowledgements
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