GOVERNMENT LOANS.

Evening Post, Volume CXXXIV, Issue 64, 12 September 1942, Page 9

GOVERNMENT LOANS.

Business in the gilt-edged section was rather Quiet with the next war loan'pending and advance subscriptions to it being made. Approximate prices at this time last year and for last week, with highest prices reported this week, are as follows:—

interest is due on 3 per cent. (1946-48), on V/t per cent. (1957-60), 2Vi per cent. (1947), S per cent. (1952-55) on September 15, and on 4 per cent. (1949) on October 15. War Loan (1953) is free of interest until October 1, 1943, and then at 2^ per cent.

There were also sales of 4 per cent. Rural Bonds (1947) at £105; 4 5,4 per cent. Auckland Harbour Board (1951), £106, and (1953) £107. Auckland Gas (perpetual) debentures had business at £80 ss, and 4',i per cont. (1949-52) Auckland Gns £103 2k 6d. Late Wellington sales .vosterday included 1.000 Wellington Trust and Agency at 7? 6A.

Per cent. Year. 2Vi 1047 . 3 .... 1946-48 3 ]052-55 3Vi .... 1956-59 3Vi .... 1953-57 4 1949-52 4 .... 1955 War Loan, 195:5 Liberty Bonds Sept. 1941. £ 101% IO6V2 107 S7>i Last week. £ 98 ♦99% 99 % MOO 103 105% 107 91% *lt/9 This week. £ 98 100% 99 Vi 101*4 103 106*4 107 92 *lT/9 ♦Buyers.