Page 10 Advertisements Column 1

Press, Volume LXVIII, Issue 20730, 15 December 1932, Page 10

, HEAVY DEMAND FOR LYTTELTON HARBOUR BOARD DEBENTURES. * The sale of the Lyttelton Harbour Board's £136,000 Redemption Loan jl>&bentures during the past few days Jhas been so satisfactory that the Hoard hopes to be able to announce "full house" very shortly. Intending investors are therefore strongly advised to send in their application money right away to the secretary (Mr C. H. Clibborn), of the Lyttelton Barbour Board, Cathedral square, Christchurch; from whom also a prospectus giving complete details may be obtained. _ These Debentures are in denominations of £SO, £IOO. or multiples of £IOO, and interest at the rate of £5 5s per cent, per annum is payable half-yearly. Exchange on interest and exchange on accepted application money and principal will be paid by the Board. All accepted application money becomes interest-bearing from the day it! is received by the Board; therefore people whose capital is at present interest-bearing will lose nothing bv apnlying for these Debentures immediately. The interest is also free of tho National Expenditure Adjustment Act Tav of 10 tier cent. The anticipated reduction of interest rates in the near future makes this investment all the more lucrative —-tf