INTEREST RATES.
The return to the investor on hie outlay, baaed upon the lafceet dividends, works out an follows on the latest sales. When Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment ii made in sterling , , exchange is added. In the. case of local body issues allowance is ako made for 20 per cent interest reduction:— / PER CENT PER ANNUM. i s. d. M., S. and A. Bank »5 0 4 Bank N.Z., D Mortgage 5 1 8 'Standard Insurance 4 10 0 Huddart Parker 4 Iβ 9 Kew Zealand Breweries .... 4 1 5 Tooth's Breweries 4 0 4 Motta Dock 8 8 10 Auckland Gas 5 7 3
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https://paperspast.natlib.govt.nz/newspapers/AS19380901.2.35.3
Bibliographic details
Auckland Star, Volume LXIX, Issue 206, 1 September 1938, Page 8
Word Count
118INTEREST RATES. Auckland Star, Volume LXIX, Issue 206, 1 September 1938, Page 8
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Acknowledgements
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