INTEREST RATES.
The return to the investor on his outlay, ba«ed upon the latent '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 nko made for 20 per cent interest reduction: — , PER CENT PER ANNUM. £ s. d. , Bank of New Zealand 4 14 8 Commercial Bank 4 8 2 Farmers' Fertilizer tt Ift 2 Woolworths (Sydney) 3 11 3
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Bibliographic details
Auckland Star, Volume LXIX, Issue 208, 3 September 1938, Page 4
Word Count
93INTEREST RATES. Auckland Star, Volume LXIX, Issue 208, 3 September 1938, Page 4
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