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EW ZEALAND GOVERNMENT £B* PER CENT. 10/25 DEBENTURE LOAN. ISSUE OF £500,000 Part of £1,000,000 authorised to be raised under an Act of the General Assembly of New Zealand, and intituled " The Aid to Public »Works and Land Settlement Act, 1890." Minimum Price ok Issue, £IOO per Cent. The Colonial Treasurer invites Tenders for £'-000,000 New Zealand Government Three and one-half per cent. I 'ebentures, representing £IOOO, .£">00, £2OO, and £IOO respectively, payable to Jiearer. These Debentures are secured on the Public Revenue of the Colony. The I'rmcipal will be repaid at par not earlier than ten years nor later than twenty-five years from the '2lst December, iK9O, the Government- reserving to itself the right of redemption (by conversion or otherwise) on the 1-ltli February or 15th August. 1907, or in any year after the year 1907. upon giving six mouths' notice in the Government. Gazette, and in at least four newspapers published in the Colony, of its intention to do so. Doth I'rineipal and Interest will be made payable at the Treasury, Wellington. New Zealand. Dividends, represented by Coupons attached to the Debentures, will be payable at the Treasury, Wellington, on the l ull February and on the 15th August in each year during the currency of the Loan. The issue price will be at the rate of £IOO in money for every .£IOO expressed in Debentures (below which no tender will be accepted), payable as follows : —. "> per cent, deposit on application ; 45 per cent, on .Monday, the 21st December, LS'.IG. 2"> percent, on Mondav, the 18th .January, 1897 ; 25 per cent, on Monday, the 15th February, 1897.

Payments may b<; made in full at any tin 10 on or after the '2lst December, 1896, initl prior to die loth February, 1.897, at a discount at the rate of one pound ten shillings per centum per annum. Sea ltd addressed to the Secretary to the Treasury. (liiveriiineiit .Buildings, Wellington. accompanied with tile o per cut. deposit, will lie recrhed up to neon on .Monday, 7th 1 tcccmber, 1896, wlien they will be opened in t'te presence of a committee, consisting of the Colonial Treasurer, the Controller and Anditor(ieiieral, ami Mr Henry Kember, I'. [.A.X.Z., and allotment, will forthwith lie made. If cheques are lodged with a Tender they must be drawn upon a bank in 'Wellington, anil lie marked by such bank as "good" for fourteen days. Cheques issued by a bank need not be so marked. Tenders may be for the whole or any part of the Loan, and must state what amount of money will be given for every X'loo of the Debentures tendered for. Tenders must be for even hundreds of pounds sterling, and at prices which are multiples of sixpence. Tenders at different prices must be on separate forms. The nominal amount of Debentures tendered for must be written on the outside of the tender. Should the tenders received exceed in the aggregate the amount required, a pro rata distribution will be made, hi ease of partial allotment, the balance of the deposit will be applied towards the first instalment. In case of default in the payment of any instalment at its proper date, the deposit and instalments previously paid will lie liable to forfeiture. When no allotment is made, the deposit will be returned. The first instalment and all subsequent payments may be paid at any I'.nmch of the Dank of Xew Zealand within the Colony, to the credit of the Public Account or at the Treasury, "Wellington, not later than the several dates previously mentioned. Scrip Certificates (with Coupon attached for the payment of interest for the broken period from the 21st December, 1.896, to the 15th February. 18071. will be issued, to be exchanged for the Debenture-bonds with Interest coupons attached. The first six months' interest, calculated upon the nominal amount of the Debenture, will he payable on the 15th August, 1897. Tenders must be on printed forms, which may be obtained at the Cashier's Office, Treasury, Wellington, or at the Offices of the Dank of New Zealand at Auckland, Wellington, Cliristchurch, or Dunedin. Office of the Colonial Treasurer, Wellington, 18th Nov., 1896.

laifliiMtrial Exhibition. PRINCESS THEATRE, HASTINGS. THURSDAY, FRIDAY, and SATURDAY, December 17th, 18th, and 19th. Cooking Competition—Certificates awarded. Museum, Art Gallery, Curiosities, Relics, Maori Curios, Literary Relics. Trades Hall.—Different industries will be represented. Sale of Useful and Fancy Work. Refreshments daily. Palmistry, Phrenology, and Puzzles by Professionals. Music—lnstrumental and Voc-al each evening. Lime Light Views. Christmas Tree. All kinds of Produce, Fancy Work, Literature, and useful articles are solicited. Applications for space should bo made direct to the secretary. For full information apply to E. S. GOLDSMITH, Hon. Sec. .Hiss Let 1 , Senior Pass Thin. Coll., Teacher of Piano and Violin. HAS Vacancies for Pupils. Term commences with first lesson. Permanent address: Eastbourne-street, (Back of Roman Catholic Church), Hastings.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAST18961126.2.23.3

Bibliographic details

Hastings Standard, Issue 181, 26 November 1896, Page 4

Word Count
809

Page 4 Advertisements Column 3 Hastings Standard, Issue 181, 26 November 1896, Page 4

Page 4 Advertisements Column 3 Hastings Standard, Issue 181, 26 November 1896, Page 4

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