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 PER ANNUM. £ s. d. National Bank f 5 1 0 Farmers’ Auct. (B pref.) .. 415 3 Broken Hill Proprietary ... 4 10 0 Farmers’ Trading 6 13 4 Wilsons 'Cement 4 12 0 fSubject to English income tax.
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https://paperspast.natlib.govt.nz/newspapers/AS19380620.2.23.3
Bibliographic details
Auckland Star, Volume LXIX, Issue 143, 20 June 1938, Page 4
Word Count
102INTEREST RATES. Auckland Star, Volume LXIX, Issue 143, 20 June 1938, Page 4
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Acknowledgements
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