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„ • 1 in this Coronation Year Im ißrijal ■OBBEI BLANKETS exclusively Beaths BEATHS BIG BUDGET PURCHASE BRINGS YOU FINEST QUALITY ENGLISH WITNEY BLANKETS AT SPECIAL NEW PRICES . . . ’ ■ ' ' •■. ■* ’* '>"*.• ,■ ■ Special "Regal" quality . . . thick, soft, pure, wool. Block coloured borders in delightful shades of Blue, Green, Peach, Pink, and Gold . . . whipped ends. 60in x 80in, weighing 6 lbs. pair. To-day's k P™ o £B ' l,G ' 1 i 80in x 96in, weighing 10 lbs. pair. To-day's J J FOR SERVICE w<: * £l3 ' B ' 9 ' Z X SPECIALPRICE 4*o /IO / O FT. y Telephone 38-440. dvO / I V CZ* P.O. Box 270. . For that / extra touch of / made with rich, line tobacco """ - > Will liHiIIWII remunerative investment with an average annual yield of £5-19-0%. It provides in addition two new features which are sure to appeal to the investing public. ITAV’ DERATE * Where applicable a rebate of Income Tax will be granted to investors to • ■ MZV RUUn Iks en9ufe a minimum net return of a per cent interest pet annum on the nominal value of stock of this issue after payment of Income Tax and Social Security Charge on such interest. For the purpose of calculating the rebate, the interest on this stock will be deemed to be the final increment of the investor’s income. This means that any subscriber to this Loan who is paying more than 7/iod in the £ Income Tax plus x/6d Social Security Tax will be ensured of a rebate of taxation on the interest derived from this stock. 2« DEATH DUTY STOCK for payment of Income Tax Social Security Tax and Death Duties . . . * This type of stock as well as Ordinary Stock is available at your option. A new feature of thia Death Duty Stock, however, is that in respect of the holder’s estate it may be tendered at par in payment of Income Tax and Social Security Tax as well as Death Duties. This issue gives a unique opportunity to provide now for taxation charges at death. 1953 NATIONAL DEVELOPMENT 31% LOAN Issue of £20,000,000 AT £9B-10-0% - TERM 9 YEARS Returning TERMS OF ISSUE: You may choose from two CONVERSION: Holders of af% stock maturing methods of payment: tat October, 1955 may surrender such stock at pat I. Cash in full with application. as from 31st May, 1953 in payment fot stock in 2. In Instalments £lO% on application, £40% on thia issue. £s«-io-0 of the maturing stock pays 3rd Aug., 1953 and £4B-10-0% on Ist Oct., 1953. £ IO ° of Loan. Cheques accepted free of Inland Exchange. Interest will accrue from date of lodgment of Cash Fractional amounts of £to of the 3}% maturing Applications and from the Ist of June on Con ver- stock remaining in the names of stock-holders after lion Applications. conversion will be paid to them in cash. Interest The first payment of interest will be made on the from the Ist of April, 1953 to the 31st May, 1933 on isth of November, 1953 and subsequent payments Stock surrendered for Conversion together with half-yearly on 15th May and 15th November. interest on fractional amounts of £lO refunded will The Loan is repayable on the 15th May, 10X be paid as soon as practicable after the closing of An authorised Trustee Investment. the Loan. DAfKFn RV TUF PUBLIC REVENUES OF THE DOMINION Conies of Prospectus and Application forms may be obtained from the Reserve Bank of New Zealand, any Branch of any Bank, including Trustee Savings Banks, District Treasury Offices, any Postal Money Ordr- Office, or any Member of the Stuck Exchange. €7eses

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https://paperspast.natlib.govt.nz/newspapers/CHP19530528.2.16.2

Bibliographic details

Press, Volume LXXXIX, Issue 27051, 28 May 1953, Page 3

Word Count
586

Page 3 Advertisements Column 2 Press, Volume LXXXIX, Issue 27051, 28 May 1953, Page 3

Page 3 Advertisements Column 2 Press, Volume LXXXIX, Issue 27051, 28 May 1953, Page 3

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