INTEREST RATES.

Auckland Star, Volume LXX, Issue 73, 28 March 1939, Page 6

INTEREST RATES.

The return to this, Investor on his outlay, based upon the latest dividends, works out as 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 pf local body issues, allowance is also maw for 20 per cent interest reduction:—? Igf PER CENT" PJBB ANNUM. ' £ • d Bank ot New Zealand 5 3 11 South British . ...J 3 4 0 Auckland Gas ..,.% 6 1 3 Colonial Sugar ....#.: 3 1 10 Milne ami Ohoyce i(«*b.) .. 7 2 10 Stock, 1046-40 ~1«, 4 8 0 Stock, 1952-55 . .AM. 4 \ \\ - New Zealand Breweries .... 4 a 6 GOLD AND STERLING. (Received 10 a.m.) LONDON, March 77. Gold is quoted at £7 8/5% par fine ounce, a rise of %d. i?-,^ 1 !?" 86 ra J e OB New York is 4.68 0-I6 dollars to the pound sterling, and on Paris 176 13-16 franca. Tlie following is a summary of the" fluctuations in the price of an ounce of nne gold so far this year:—

„. .. £ • a Highest price, January «•'.. 7 in Ri Lowest price. February «? . ' 7 8 2 March 11 *. 7 q o March 13 7 o 01 March 14 millSl! 7 8a March 15 <J % ix March 16 ....'..HI! 'I!I 7 s b* March 17 !"""!!! 7 8 8 March 18 7 8 61 March 20 HI 4 I •* March 21 T 8 S March 22 7 g 5 March 23 7 s 5 March 24 7 g 5 March 25 7 8 5 March 27 7 ft Q|