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INTEREST RATES.

The return to the investor on his outlay, based upon the latest dividend*, worka out as follows on the latest sale*. When Government stock* are included, the calculation provides for redemption at the earlier date of maturity. Wnen payment in made in sterling, exchange is added. In the ense of locnh body issues allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ S. d. Bunk of New Zealand 4 15 8 Auckland Gas S 11 8 Pukomlro Coal go 0 Broken Hill Proprietary ... 4 IS 3 Colonial Hunr ».. 8 S 8 Electrolytic Mae (pref.) ..* 7 12 Woolworths (Sydney) ..... 8 15 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19380927.2.35.3

Bibliographic details

Auckland Star, Volume LXIX, Issue 228, 27 September 1938, Page 6

Word Count
108

INTEREST RATES. Auckland Star, Volume LXIX, Issue 228, 27 September 1938, Page 6

INTEREST RATES. Auckland Star, Volume LXIX, Issue 228, 27 September 1938, Page 6