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NEW ZEALAND GOVERNMENT £4 10/- PER GENT. DEBENTURES. Issue of 4| per cent. Bearer Debenture's, under the authority of the- Finance Act, / 1915, and pursuant to the New Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, 1915, to provide moneys for local expenditure DURING THE WAR. PRICE OF ISSUE FIXED AT £100 PER CENT. THE Government of New Zealand desires to place before the public of the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the seourity of the Pubuc Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. In view of the financial strain 'at present imposed on the Imperial Treasury in providing moneys for carrying on the war, the Government of this country confidently asks all New Zealanders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus in a measure relieve the Mother Country of the burden of having to provide the capital required for local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order Office, or from the Treasury. Applications may be lodged at any Postal Money-order Office^ at the Treasury, Wellington, or at any Bank or registered Sharebroker's office in the Dominion. Applications may be made for £5 or any multiple of £5, and for a currency of 5, 10, 15, 20, or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Money-order pffice may lodge amounts by cheque or in cash. If cheques are forwarded exchange must be added where payable. In oases where application is posted direct to Wellington the lodgments must be first paid in to the "Public Account" at any branch of the Bank of "New Zealand, and the bank receipt must in. such case be forwarded to Wellington with the application. Applications for sums^ not exceeding £5,000 must be accompanied; by the;totaJ subscription or Bank .receipt for the amount, and applications for sums in exoess of £5,000 must be accompanied by a deposit of 10 per cent., balance payable on allotment. Allotments will be made by the Controller and AuditorGeneral. In the case of default" in payment of the balance the deposit previously paid ■will be liable to forfeiture. If no allotment is made the deposit, will . be returned. Interim receipts will be issued on lodgment, and will be subsequently "exchanged for Debentures. The Debentures will be issued with interest coupons attached. Interest will be payable half-yearly on presentation of coupons at a Postal Money-order Office, or at the Bank of New Zealand, or at the' Treasury. Interest will be computed from the 15th October, 1915,-and will be free of incometax. An annual Sinking Fund ia established to provide for the redemption of the Debentures. The, Debentures will be issued in denominations of £5, £25, £50, £100, £500, £1,000, or in such higher denominations as may be agreed upon with the Treasury, and will be made payable to bearer. Debentures will be repayable at par at the Treasury, Wellington, or at any office of the Bank of-"New Zealand in the Dominion on 'their-due date. Banks and registered Sharebrokers will be allowed a commission of- 5s per £100 on allotments made in respect of applica.tiona . received _ from them .direct, and which bear "their" stamp, and are forwarded to the Treasury or to the Post-offices under cover of the form provided. Covering forms are obtainable from the Postoffices. Commission will be paid allotment, and will not be allowed on conversions or on transfer of moneys now on deposit with the Post-office Savings-bank. The Debentures are Government Securities in which Trustees are authorised to invest Trust Funds. Applications wfll close at the Treasury on 6th November, 1915, but the Government reserves the right to close at a prior date or to extend the period^ at its option. In case of over-subscription, the Government reserves the right to decline any application, in whole or in part, as it may determine. Interest will not be paid in. respect of any amounts forwarded with applications whioh are declined. CONVERSIONS. Holders of Government Debentures issued under the New Zealand Loar>6 Act and maturing on or before the Ist December, 1916, will have the option of converting into 4g per oent. 1915 Debentures at par if application is made to the Treasury on or before tho 30th November, 1915. The interest under the new debenture will take effect after 'the coupon for the then current half-year under the old debenture has been paid. • POST-OFFICE SAVINGS-BANK DEPOSITS. Persons who now have money deposited in the Post-office Savings-bank may purchase 4J per cent. Debentures by means of transfer. They must apply on or before the 6th November, 1915, to the Postmaster in charge at any Postal Moneyorder Office within the_ district in which their account is open in order that the requisite transfer may be made. Interest at 4£ per cent, under the new debentures will date from the 15th October, 1915. The forms of application, and transfer may be obtained at the Post-offices. XIASTBOURNE BOROUGH. COUNCIL FERRY SERVICE. to rona bay and day's bay. the best outing. ' time-table— Sunday. Leave Wellington— lo.3o a.m., 2.30, 5.50, 9.15 p.m. Leave Day's 8ay— 9.15 a.m., 1.15, 5, 8.20 p.m. „ Leave Rona 8ay— 9.25 a.m., 1.25, 5.10, 8.30 p.m. (Weather and other circumstances 'permitting). TRAMS to connect with the Ferry Steamer on Sunday Morning leave Newtown 9.55, Brooklyn 9.50, Ljall Bay 9-40, Seatoun 9.40, Vivian-street 10.8. Courte-nay-place 10.5 a.m. CRUSHED COKE, REDUCED IN PRICE. Now Is per sack, delivered. 'Phone (4010) your order to GAS CO. "THE EVENING POST." IMPORTANT NOTICE. ALL Communications relating to business, advertising, publishing, printing, etc., must be addressed to the Mana ger; literary communications to be seni to the Editor. On no account should let ters for either department be addressed b ( individual members of the firm or staff. BLUNDELL BROS., LTD., Proprietors, "The Evening Post.' ' TO BUILDERS, CONTRACTORS, 4 NI CARTERS. RIVER Sand or Gravel supplie d ii any quantity. Graded or. Cr ushec Gravel a specialty. KING BROS., Petono c 1 t t 'F hone 3773 (3 O.nps). Sole Lessee of Nos 1, 2, 3, 4, find 5 Hutt River Rftanhpg f JVfONEY LENT privately £1 •"-*- ward, on household f urniture pianos (without removal), &tock,-''f arm i m piemen ts ; repayable weekly instalments no delay; confidential. L. T£ Ballrind 125, .ViYiMwstrect., Telephone^ 266tA»

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https://paperspast.natlib.govt.nz/newspapers/EP19151016.2.86.8

Bibliographic details

Evening Post, Volume XC, Issue 92, 16 October 1915, Page 8

Word Count
1,074

Page 8 Advertisements Column 8 Evening Post, Volume XC, Issue 92, 16 October 1915, Page 8

Page 8 Advertisements Column 8 Evening Post, Volume XC, Issue 92, 16 October 1915, Page 8