Page 3 Advertisements Column 4

Hastings Standard, Issue 183, 28 November 1896, Page 3

EW ZEALAND GOVERNMENT PER CENT. 10/25 DEBENTURE LOAN. ISSUE OF Part of £1,000,000 authorised to b£ raised under an Act of the General Assembly of New Zealand, and intituled " The Aid to Public Works and Land Settlement Act, 1896." Minimum Price of Issue, £IOO per Cent. The Colonial Treasurer invites Tenders for £500,000 New Zealand Government Three and one-half per cent. Debentures, representing £IOOO, £SOO, £2OO, and £IOO respectively, payable to Bearer. These Debentures are secured on the Public Revenue of the Colony. The Principal will be repaid at par not earlier than ten years nor later than twenty-five years from the 21st December, 1896, the Government reserving to itself the right of redemption (by conversion or otherwise) on the 15th February or 15th August, 1907, or in any year after the year 1907, upon giving six months' notice in the Government Gazette, and in at least four newspapers published in the Colony, of its intention to do so. Both Principal 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 15th 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 : 5 per cent, deposit on application; 45 per cent, on Monday, the 21st December, 1896, 25 percent, on Monday, the 18th January, 1897; 25 per cent, on Monday, the 15th February, 1897. Payments may be made in full at any time on or after the 21st December, 1896, and prior to the 15th February, 1897, at a discount at the rate of one pound ten shillings per centum per annum. Sealed tenders, addressed to the Secretary to the Treasury, Government' Buildings, Wellington, accompanied with the 5 per cent, deposit, will be received up to noon on Monday, 7th December, 1896, when they will be opened in the presence of a committee, consisting of the Colonial Treasurer, the Controller and AuditorGeneral, and Mr Henry Kember, F.1.A.N.Z., and allotment will forthwith be made. If cheques are lodged with a Tender they nmst 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 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 £IOO 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 rmount 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. In case 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 be liable to forfeiture. When no allotment is made, the deposit will be returned. The lirst instalment and all subsequent payments may be paid at any Branch of the Bank of New 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, 1896, to the 15th February, 1897), 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 be payable on the loth August, 1897. Tenders must be on printed forms, which may be obtained nt the Cashier's Office, Treasury, Wellington, or nt the Offices of the Bank of New Zealand at Auckland, Wellington, Christchureh, or Dunedin. Office of the Colonial Treasurer, Wellington, 18th Nov., 1896. Industrial 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. Traces Hall.—Different industries will be represented. Sale of Useful and Fancy Work. Refreshments daily. Palmistry, Phrenology, and Puzzles by Professionals. Music—lnstrumental and Vocal each evening. Lime Light Views. Christmas Tree. All kinds of Produce, Fancy Work, Literature, and useful articles are solicited. Applications for space should be made direct to the secretary. For full information apply to E. S GOLDSMITH, Hon. Sec. Mi«« Lee, Senior Pass Thin. Coll., Teacher of Piano and Violin. HAS Vacancies for Pupils. Term commences with first lesson. Permanent address: Eastdot-pxe-steket, (Back of Roman Catholic Church), Hastings.