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:— PEB CENT PER ANNUM. £ s. d. National Timber 6 3 0 Gear Meat 5 0 0 New Zealand Newspapers .. 3 14 4 Woolworths (Sydney) 3 13 0 Bonds. 15/6/52-55, 4 3 15 9 Akd. Harb. Board, 9/7/57 .. 3 18 0
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Bibliographic details
Auckland Star, Volume LXIX, Issue 139, 15 June 1938, Page 4
Word Count
105INTEREST RATES. Auckland Star, Volume LXIX, Issue 139, 15 June 1938, Page 4
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Acknowledgements
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