INTEREST RATES.
The return to the Investor on hie outlay, based upon the latent dividend*, works out aa follows on the latest aalea. When Government stocks are included, the calculation provide* for redemption at the earlier date of maturity. When payment in made in sterling, exchange ia added. In the case of local body iaauea allowance ia alio made for 30 per cent interest reduction:— PER CTBNT PER ANNUM. £ a. 4. Bank of New Zealand .... 4 13 6 New Zealand Insurance .... 8 14 0 New Zealand Breweries .... 4 4 » Broken Hill Proprietary 4 8 0 Gear Meat S 7 2 f>. 3. Colea 4 9 0 Wilson* Cement 4 10 10 Blectrolytle Zinc (pref.) ..678 Martha Miming- Iβ Iβ, 8 Htock, 15/1/58-07, 81 p.c. .. 4 4 2 Farmers' Auctioneering .... 7 1 2 Morta Dock 8 9 8
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https://paperspast.natlib.govt.nz/newspapers/AS19381003.2.46.3
Bibliographic details
Auckland Star, Volume LXIX, Issue 233, 3 October 1938, Page 6
Word Count
137INTEREST RATES. Auckland Star, Volume LXIX, Issue 233, 3 October 1938, Page 6
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