Page 8 Advertisements Column 2

Press, Volume LIV, Issue 16163, 18 March 1918, Page 8

Wa,r 'Ml Loan Prospfrtits nf Dominion of Npui Zralattb issue of £9,500,000 41 per cent. War Loan (FREE OF NEW ZEALAND INCOME TAX) PRICE OF ISSUED : PAR. TERM OP LOAM : 20 YEARS. The Subscription-list will be closed on MONDAY, Bth APRIL, 1918, THE Loan is authorized to be raised under the War Purposes Loan Act, 1917, LODGMENTS* —.Forms of application may lie obtained and lodgments and pursuant to the New Zealand Loans Act, 1908, as amended by the " made at any Postal Money-order Office, or at any branch of any Bank, or at New Zealand Loans Amendment Act, 1915, and both capital and interest will the Treasury, Wellington. be charged upon the consolidated revenue of the Dominion. Lodgments will be made as follows:— The Loan will be utilised by the Dominion for war purposes only, and will Fully-paid Allotments — take the form either of Inscribed Stock or Bearer-bonds, at the option of the On Application ... ... ... 100 per cent. subscriber. Instalment Allotments — £200,000 of the Loan will be reserved for individual persons who desire P er cen !' ? n (first instalment); to invest in securities which will be available for payment of New Zealand or; + " vlj * y, i-+i j"?*' in if' death duties. Applications for this class of security must be specially marked. « +' rbirdinstalmen ),ilondav, loth July, 1918; | These securities will not be transferable, but may be exchanged at the _ >2o f r cent - instalment), Monday, 2nd September, 1918. . I Treasury for other available securities, if so.desired. , Instalments ma\ be prepaid, but such prepayments will not entitle the I subscriber to any additional interest. I The issue is an investment authorized by the Trustee Act, and Trustees In case of default in the payment of any instalment at its due date, in- I may invest therein. ; stalments previously paid will be liable to forfeiture. ' Applications will not be accepted for less than £100, but small investors Provisional receipts will be issued for all payments, and in the case may subscribe sums of £1 up to £500, for a period of five or ten years, at of Investments in Bonds these receipts will be exchangeable for Bonds to any Postal Money-order Office. Blearer as soon as the latter can be prepared. The Bonds will be issued in denominations of £100, £500 and £1,000, or , . caae of Stock Investments, Inscription-certificates will be posted such higher denominations as mavbe arranged, and will be payable to bearer. investors when the amounts are fully paid up. . Stock will not be issued for any amount under £100, and any amount JFV,?''s5 b j° ? nscl % d *?. the Ney Zealand Inscribed applied for in eseess of £100 must bi a multiple of £10. • The Loan will be repaid at par at the Treasury, Wellington, or at any at Wellington, where all transfers of stock will be made. Transfer-forms branch of the Bank of New Zealand in the Dominion on 15th November, 1938. may be obtained at the Treasury. Interest on Bonds and Stock will be half-yearly, on 15th May and Holders of War-bonds in the £16,000,000 Loan, issued under section 35 15th November. of the Finance Act, 1916, will have the right to convert into Inscribed Stock, m, -. • . . v , 101Q j . with currency to loth November, 1938, at any time between Bth'April, 1918, A J 1 , 1 ! fir f S mterpst 7 in paid on loth November 1918, and will amount and Ist March, 1920, on application in writing to the Dominion Treasury to £2 14s. 6d. per cent, on fully-paid allotments (221 days), and £1 15s. lid. Wellington. per cent, on instalment allotments. - Arrangements have been made under which the Banks have agreed to Interest on fully-paid allotments and on the first instalment of instalment allow advances at a reasonable rate of interest to clients who desire to invest allotments will date from Stli April, 1918. 131 Loan but who have not the ready money*-to enable them to do so within the time prescribed. Interest on second, third and fourth instalments of instalment allotments Arrangements will be made for New Zealand War Loan Securities to be will date from the respective dates of payment shown herein. quoted on the London Stock Exchange as soon after the War as the British Interest on Inscribed Stock will be paid by Divident Warrant,"which will Chancellor of the Exchequer agrees. be tiansmitted by post. Registered Sharebrokers will be allowed a commission of ss. per £100 on Interest on Bonds will be paid on production of Coupon. allotments in respect of applications for this issue bearing their stamp, and iorwarded to the lreasury through any bank or Postal Money-order Office Both Warrants and Coupons will be payable, free of exchange, at the under cover of memorandum signed by "the sharebroker. No commission Treasury. Wellington, or at any Postal Money-order.Office, at at any branch of will be allowed in respect of applications 011 forms which hn ' ot been the Bank of' New Zealand in the Dominion, or in London or Australia as may printed by the Government Printer, or on applications not forwards, as aforebe arranged. ~ said, or on applications for Post-office Certificates or Stock. Post Office War Loan Certificates and Post Oflfce 5 per cent War Loan Inscribed Stock. To enable persons of moderate means to subscribe to the Loan, applica- Post Office-War Loan Stock will be inscribed for £100 or multiple of tions will be received at any Postal Money-order Office for Post Office War £100, but not exceeding £500. No person may purchase this Stock whose Loan Certificates or Post Office 5 per cent. War Loan Inscribed Stock at . total subscription to the War Loans has reached £500. Interest will be IB the option of the subscriber. be°ten " * ' mC ° me - ta *' War Loan Certificates are repayable, with interest compounded, free of Full particulars regarding the Post Office War Loan Certificates and income-tax, at the end of five or ten years. , Post Office War Loan Inscribed Stock are obtainable at any Postal Moneyorder .Office. ■* COMPULSORY SUBSCRIPTIONS The attention of the public is specially drawn to section 40 of the Finance confidently anticipated that the full amount of 9J millions will be Act. 1917, which provides machinery for the compulsory levy of subscriptions voluntarily subscribed, but should there be any deficiency it will be necessary to the War Loan raise the amount 01 such deficiency by compulsory levy 111 accordance with ' the Act. APPLICATIONS will close on MONDAY, Bth APRIL) 1918, but the Minister of Finance reserves the right to close at a prior date or to extend the period. Treasury, Wellington, N.Z., JOSEPH GEQRGE WARD, 16th March, 1918. Minister of Finance.