Page 3 Advertisements Column 2

Evening Post, Volume LXI, Issue 87, 15 April 1901, Page 3

NEW ZEALAND GOVERNMENT. £4- PER CENT. DEBENTURE LOAN. ISSUE OF £500,000. Under the authority of "The Aid to Publio Works and Land Settlement Act, 1900." MINIMUM PRICE OF ISSUE, £100 I PER CENT. fTIHE Colonial Treasurer invites TenH. dors for £500,000 Mew Zealand C4ovornmonb 4 per cent. Debentures, payablo to Bearer, and of tho face valuo of £1000, £500, £200, and £100 respectively, as may be desired. Theso debentures are scoured on the Publio Revenues of the Colony, and aro issued ropayablo on the Ist April, 1904, at the Troaaury, Wellington, New Zealand, or (if tho tenderer so requests in his tendor) at the oflioo of tho Agent-General for New Zealand iv London. Dividends represented by coupons attached to the debentures, will bo payable on tho Ist April and tho Ist October in each yoar during the currency of the Loan, at tho Cashier's Office, Troaßury, Wei-, lington, or at any branch of the Bank of New Zealand in New Zealand, or (if tho dobonturo3 aro issued repayablo in London) at the office of the Agerit-General for Now Zealand in London. At tho option of tho holder of any dobenture issued ropayablo in New Zealand, and on application mado in that behalf at the Treasury, Wellington, New Zealand, he may at any time during its currency havo it endorsed payable, both as to principal and'"intorest, at the office of tho Agent-General- for New Zealand, London, or at any 'specified branch of the Bank of New Zealand in Australia; Provided that in the foraner case the endorsement shall be m<klo not less than three months and in the latter caso not less than one month, before the due date of the next ensuing payment of interest. Tho first interest coupon will be payable on the Ist October, 1901, and will be for a sum equal to six months' interost on tho nominal amount of the Debenture. Tho issue price will be at tho rate of £100 in money for every £100 expressed in debentures (below which no tonder will be accopted), payable as follows: — Doposit of 5 per cent on application. First instalmont of 45 per cent, on Tuesday, 7th May, 1901. Second instalment of 50 por cent, on Tuesday, 4th June, 1901. Payments may bo made in full at any timo on or after the 7th May, 1901, and> prior to the 4th June, 1901, at a discount at the rate of one pound ten shillings per centum per annum. Sealed tenders, addressed to the Seoretary to the Treasury, Government Buildings, Wellington, accompanied with the 5 per cent, deposit, will bo received up to noon of TUESDAY, 23rd April, 1901, when they will'bd bponed in tho presence of the Colonial Treasurer and the Controller and Auditor-General, and allotment will forthwith bo made. If cheques are lodged with a tender, they must be drawn upon a Bank in Wellington, and be marked by such Bank as "good" for fourteen days. Cheques issued by a Bank need not bo so marked. Tenders may bo 'for tho wholo or any part of the Loan, and must state what amount of money will be givon for every £100 of tho Debentures tendered for. Tenders must be for evon hundreds of pounds sterling, and at prices which nro multiples ot sixpence, 'lenders at difforent priceß must be on separate forms. The nominal amount of Debentures tendered for must bo written on the outside of .the Tender. In caso of default of the payment of any instalment at ils proper date, the deposit and instalmont (if any) previously paid will bo liable to forfeituro. If n6 allotment ia made the deposit will be returned. , , Thfe first and second instalments may be paid at any branch of the Bank of Now Zealand either in the Colony or Australia, to the credit of the Publio Account, or at the Treasury, Wellington, > not later than the sevoral dates previously mention-* cd. Scrip Certificates will bo issued, to be subsequently exchangod for tho Debenture Bonds. 1 Tenders must be on printed forms, which may be obtained at the Cashior's Office, Treasury, Wellington, or at the offices of the Bank of Mew Zealand at Sydnoy, Melbourne, Auckland, Wellington, Christchurch, or Duriedin. Office of tho Colonial Treasurer, Wellington, 2nd April, 1901. WELLINGTON. STEAM. SPECIALITIES. A FAIRBANKS' IT| • RENEWABLE VULCANISED -i-J. ASBESTOS DISO GLOBE VALVES. FAIRBANKS' VALVES are distinct from any others. Thousands in use, and, owing to tho popularity of this make, many inferior and obsolete Valves have come upon the market. Therefore, ask for FAIR-BA-NKS' and take no other. These Valves are so constructed that the naval defoots known to exist in Globe* Valves are eliminated. They are provided with Vulcanised Asbestos Disc Ring*. Tho Ring is composed of the fibre of Asbestos, to whioh is added, by patented prooess, waterproof vulcanising material, making a very durable faoking, whioh will not crack or flake off. t ia held central on its' seat by guides oast 011 the body of the valve. It is also scoured to tho spindle without the use of mats, screws, pins, wires, or anything that is liable to become detached while in use. The Vulcanised Asbestos Ring is forced into a brass holder, and the metal is spun or turned over the edges of the ting, so* it can* not drop out. The Disc consists of ring and brass holder complete, ready lor use, and can be put into the valve by simply removing the bonnet, ' slipping 1 tho old diso from end o£ spindle, substituting new one, and replacing bonnet ; the wholo operation requiring only a few moments' time and no skill. Theso _ Valves have a raised round seat upon which eoalo, grit, or sediment is less likely to lodge than on the broad, flat seats commonly used. The Stuffing Boxes are all packed with Braided Round Asbestos Packiug, which is vory durable, and ounuot be blown or washed out. Used by Steam Ship Companies, Pnblio Works Department, Wellington Harbour Board, Freezing Works, Dairy Factories, and all intelligent users of steam. We invite inspection and trial by all interested in ,this line of goods. PENBERTHY INJECTORS. 'DAVID MILLIGAN, MERCHANT TAILOR, (Reoently from London, Paris, and New York) Pupil of Dr. Darwin Humphreys, Holder of First Prize Award arid First-olass Diploma London Cutting Academy, Is showing a Splendid Lot of VICUNAS, LAMAS, AND WORSTEDS, In Newest Designs and Shades, Direct from West End of London. ONLY CHOICE ENGLISH GOODS STOCKED. English and American Fashion Journals eulogise his abilities. ■ Kolbnrnp and Karovi Tr.-iimvay Company'^ J*n ilcli<i<*>. 1 55, LAMIiTOX-'i! \ \'.