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DOMINION OF lijjililf NEW ZEALAND NOW OFFERED FOR PUBLIC SUBSCRIPTION ISSUE of £4,500,000 4/ STOCK NEW ZEALAND GOVERNMENT LOANS Authorised to be raised in accordance with the provisions of the New Zealand Loans Act, 1932, whereby the interest and principal are a direct charge upon the public revenues of the Dominion. THE ISSUE MAY BE TAKEN UP IN EITHER OF THE FOLLOWING FORMS: *' %S ■ wMlm tAI Thepriceof issue, £96 per cent., is payable either (A) n i, . m , ori Ptt ■" fully paid allotments on application, or (B) in Repayable 31st May, 1954-58 instalment allotments as under: On Application £10% On Friday 30th June, 1939 £40% i On Friday 4th August, 1939 £46% £96% v £,m Hr/O O I Ulllm CtL SuV/O Tha price of lime, £99 per cent., Is payable either (A) ■ ij%>* in fu"y Pald allotment* on application, or (B) in Repayable 30th November, 1948 instalment allotments asunder: On Application £10% On Friday 30th June, 1939 £40% On Friday 4th August, 1939 £49% ***»% - ' The RESERVE BANK OF NEW ZEALAND gives notice that, on STAMP DUTY. Stock of this issue will be exempt from Stamp Duty on the behalf of the Minister of Finance, it is authorized to receive applications for New transfer thereof otherwise than by way of gift. Zealand Government Loans as above. ■ ka __._ r _ c . MINO RS. Any person of the age of ten years or upwards may be registered as OBJtCTb OF LOAN. The proceeds of the issue are to be utilized for the holder of Stock and may execute transfers thereof. '' Public Works and general developmental purposes, including capital expenditure on , defence works. . INTEREST. Interest will be payable half-yearly on the 31st May and the, DcuAvucMT 30th November. - RcPAYMcNT. If not previously redeemed, the £4 per cent. Loan, 1954/1958, A full half-year's interest will be paid on the 30th November, 1939, on fully-paid will be paid off at par at the Reserve Bank of New Zealand on the 31st May, 1958; allotments of both Loans. . . but the Minister of" Finance reserves the right to repay at par at any time on or after A first payment of £ i-io-6d. per cent, on instalment allotments will be made onthe the 31st May, 1954, on giving three months' notice, in the New Zealand Gazette, of 30th November, 1939. his intention to repay. * . ~.,,,.,,. •-.. , ,• , , - ~. Interest on Registered Stock will be paid free or inland exchange by means 01 interest If the market selling price of the £4 per .cent. Loan, warrants, which will be transmitted by post at the risk of the stockholder. The 1954/1958, falls below the price of issue, namely £96 per Reserve Bank of New Zealand will accept directions from stockholders for payment iZ Z. „ iii u« mj« „ ~n n u\ „«,„ «ii «o .««, :.«4 of interest to any agent in the Dominion ; existing instructions for the payment of cent., sums will be made available annually, as required, interest in the o * inion on New 2caland Government Stock will obta£ L respect up to a total of 5 per cent, of the amount of the Loan o f these Loans. outstanding at the end of the previous financial year, for Interest on Stock Certificates to bearer will be paid free of inland exchange by means the purchase for cancellation of SUCh Stock on Offer below of coupons annexed to the Certificates. Interest coupons may be presented at the that mice. / Reserve Bank of New Zealand, Wellington; at any branch of the Bank of New " Zealand in the Dominion; or at any Postal Money-order Office in New Zealand. If not previously redeemed, the £4 per cent. Loan, 1948, will be paid off at pa* at cvruAurc f-kKi DEMiTTAMrcc • ' r,, the Reserve Bank of New Zealand on the 30th November, 1948. fcACHANGt ON KfcMll I AIM Cfc&. Cheques in payment of allotment* will be accepted free of inland exchange. N ■ ! Stock of the £4 per cent. Loan, 1948, which has bee* in AiiTiiriPiMn triictec imvrctmekit r the beneficial ownership of a holder for a period of at least AN AU t TH?,RI^ ED T*US, T T EE ' VES™EN^ 1 , mstee* T 7 , 1 -T. ~i . _ A j * _,« »* _.__. invest in either of the above-mentioned Loans under the powers or the Trustees Act:six months prior to death, will be accepted at par at. any 8j unless expfessly fot bidden in the instrument (if any) creating the frost! time before maturity in payment of death duties in respect of that person's estate. APPLICATIONS. Applications, on the prescribed form, will be received at the. Reserve Bank of New Zealand, Wellington; at any branch of the Bank of New The ultimate repayment of the Public Debt of the Dominion is, in the main, pro- Zealand in the Dominion, or at any Postal Money-order Office in New Zealand. vldcd for under the Repayment of the Public Debt Act, 1925, in pursuance of which Applications must be for sums of £10 or for a multiple thereof. ■ ■■~■-:■ ' ,;- New Zealand's Debt reduction resources shall, be appJicd in the purchase and Applications for Fully-paid Allotments of the £4 per cent.Xoan, 19547x958^ must be" redemption of New Zealand Government securities at or before maturity. ■ For this accompanied by a remittance of £96 per cent, of the nominal amount applied for, and purpose there is issued annually out of the Consolidated Fund a sum equal to $ per applications for Fully-paid Allotments of the £4 per cent. Loan, 1948, by a remittance cent, of the Debt affected, and to this is added a sum equal to interest at 3* per cent. of r ccnt _ of fl> e nominal amount applied for. . ' which adequate sinking fund provisions are specifically provided, and ; also the portion be to the applicant on allotment. of New Zealand's War Debt funded with the Imperial Government, having been Applications for Instalment Allotments must1 be accompanied by a deposit of £10 excluded from the Debt Repayment Scheme. per cent, of the nominal amount applied for. • ' : . If partial allotment is made, the balance of the deposit paid on application will be SECURITIES. On surrender of fully-paid Allotment Letters on or after the applied towards the payment of the instalment due on the 30th June, 1939; any 4th August, 1939, New Zealand Government Stock will be issued in cither of the surplus remaining after making that payment will be refunded to the applicant on following forms as applicants may direct: — allotment. Registered Stock will be convertible into Stock Certificates to bearer, and Stock Commission at the rate of ss. per £100 stock will be allowed to bankers and Certificates will be convertible into Registered Stock, without payment of any fee. registered sharebrokers on allotments made" in respect of applications bearing theut . stamp. TRANSFERS. The Register of Stock will be kept at the Reserve Bank of New , ■-. ■ , Zealand Wellington, where transfers will be registered without payment of any fee. COPIES OF THIS PROSPECTUS and forms of application may ISck cJrtific^ - the holder) be obtained at the Reserve Hank of New Zealandf Wellington* arc transferable by delivery. , at any branch of any Bank m the Dominion; at any Postal Money* __,__,_,_._.__ -._ _,_., c ' ._„ ._.. ... ~ - order Office in New Zealand; or from members of any Stock CERTIFICATES OF TITLE. Certificates of Title evidencing ownership of Exchange in the Dominion. the stock to which they relate will be issued, without payment of any fee, to holders Jixcnange in me nonunion. Loa^ 8i9 4 T d St°Ck dth" thC P" CCnt> L°'n ' 1?54/1958> OI thC l4t P" CCnt> AnadverSise^tauthorisedbjtheß^rveßankofNewZe.land, Wellington^tbMaj^^ THE LIST OF APPLICATIONS WILL BE CLOSED ON OR BEFORE 31st MAY, 1939

THE FINEST RANGE IN TOWN m *w m • 1 — === TABLE TENNIS Wh©©Plllg I WUIPMENT COUCn/ \S}jM /'"Tv'v Rubber and Sandpaper Bata , A\> by SLAZENGER, Tortured lungs are quickly V^^H d\\i SPALDING, soothed and healed by LANE'S /^U a WISDEN, —Nature's own FOOD-MEDI- ( J J^BL Nets and Posts» and RE-BUILDER! Lane's \\\\l W "VILLA" Balls. is full of SUNSHINE VITA- \\\V IV IfIS „ ~ ~ \ MINSi It nourishes and \\\T \\ l«fe nnvo^^r' miTTTrr. W STRENGTHENS the racked and \\\ u\ U f? BRISCOE MILLS worn-out little bodies. \Yj J^jC^Lf^" "Wellington's Leading Sport. House." IIVvU Price 2/9 and 4/9 at all «*»•»»!• \\ r" r=*"' Corner HUNTER and VICTORIA STS. J%%Wv and stores. VI ; .■ i i ' ** ■ i* RELICENSING I I _Qp_ Brass® is so quick! SJ^BS^s^ ■ MOTOR VEHICLES I t^ c'^ o' t^ Jh|i|l _, , -. —.. - ~ - sparkling shine of £mKmwßßnx\M? m On and after Thursday, Ist. June. p BamiMMßtiN!/ i all motor-vehicles must be equipped p your brassware. A fl^|9M\ i with 1939—40 number plates. J shine that lasts and IBH^^Wm^ p There are approximately 320,000 4 goes ou lasting. | vehicles to be licensed. •fiJLft^P^^ - •.-.. ■ gj. J BY% A ff A THE QUALITY 1 AVOID THE CONGESTION p dRAjjU metal p%ish j I^fl PI jfcV 1^ I Reckltts Product. Made in New Zealand. 8 1 mmmmmmmmmmmmmmmM

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https://paperspast.natlib.govt.nz/newspapers/EP19390515.2.156.3

Bibliographic details

Evening Post, Volume CXXVII, Issue 112, 15 May 1939, Page 13

Word Count
1,459

Page 13 Advertisements Column 3 Evening Post, Volume CXXVII, Issue 112, 15 May 1939, Page 13

Page 13 Advertisements Column 3 Evening Post, Volume CXXVII, Issue 112, 15 May 1939, Page 13