WAR LOAN ' v New Zealand Government 4 1 per cent, far Bonds. (Free of New Z®& lncome-tax.) Issue of 000,000. „ ~ <• kt T H LS^r.«' .< »*, The Loan Is by Act of Parliament made a charge on the consolidated revenue of the Dominion. \y ar Benda will be issued on the following terms: # Price of issue - - * Par. Rate of interest - - - - 41 per cent., free of income-tax. , Term of Loan - - - - 14 years or 25 years. -i V..'. '■ M 0 Bond will be issued for less than £SO, but small investors may subscribe sums of £1 up to £SO at the Post Office. , . . ... h ld haif-vearly at the Treasury, Wellington, or at any branch of the Bank of New Zealand, or in London or Austra a interest will be paid half-yearly a, at ™ a J , £” ar * nged| „* Is | March a nd Ist September in each year. The first Coupon representing interest accrued upon the various instalments, from the date upon which they severally become payable, up to 28th February, 1917. will be paid on The first Coupon, representing Ist March, 1917. Interest on the deposit will date from the Ist September, 191 b. Lodgment*.—Forms of application may be obtained a °d lodgments made at any Postal Money-order Office, at any Bank, or at the Treasury Offices, Wellington. Instalments may be prepaid if desired, but the prepayment of any instalment will not entitle the subscriber to interest, in respect of the first Coupon, m addition to that provided above. Lodgments will be made as follows: 25 per cent, deposit to accompany application ; 25 per cent., 2nd October, 1916: 25 per cent., Ist December, 1916; ' 25 per cent., Ist February, 1917. The Minister of Finance reserves the right to accept the whole or any part of amount applied for, or to decline any application. Should the total applied for exceed the amount of £8.000,C00, the Minister of Finance reserves the right to accept such excess or any part thereof. The Controller and Auditor-General will make the Sotment. if such is necessary. In case of acceptance of part only of amount applied for. the surplus of the amount paid as deposit will be appropriated towards the payment of subsequent instalments. Interest will not be paid in respect of amounts which are not accepted. In case of default in payment of any instalment at its due date, the deposit and instalments previously paid will be liable to forfeiture. Interim receipts will be issued for lodgments and must be retained and presented in exchange for War Bonds when ready for issue. Bonds oavable to Bearer, with Coupons attached, will be issued after the full subscription has been paid, in denominations of £SO; £IOO, £SOO, £I,OOO, or such higher denominations as may be arranged, and will be repayable at par in New Zealand at date of maturity. The Bonds are Government securities in which trustees are authorised to invest trust funds. An annual sinking fund Is provided for the repayment of the Loan. Applications will close .on 2!st August. 1916, but the Minister of Finance reserves the right to close at a prior date, or^ t °^ t ®" d WARD> Minister of Finance. Treasury, Wellington, N.Z., sth August. 1916.
er m ea When you consider that tea is pro babiy served in your home over a thousand times a year, it is surely worth while having only the best and most delicious brand— Amber Tips—it makes more cups to the pound, yet costs no more than inferior brands. Ask for the 2/- blend. EVERYBODY’S FAVORITE THE LAST In Smart, Comfortable Footwear for Ladies of Discriminating Taste Coloured-Top Boots, -fresh from England & America. Stitt m The Finest Selection ever shewn In Christchurch . . Patent Boots, black cloth or suede tops 18/6 20/- 26/6 35/Patent Boots, brown cloth or suede tops 25/- 26/6 28/6 Patent Boots, fawn cloth tops 20/- 23/6 25/- 23/6 Patent Boots, grey cloth or suede tops 20/- 25/- 28/6 35/Os Blood Colour Willow Derby Boots ... ... 27/6 COMPARE OUR PRICES WITH OTHER STORES THE EARLY SHOPPER GETS THE BEST SELECTION SHOE/STS. 117 CASHEL STREET (next Ballantynes).-
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Bibliographic details
Lyttelton Times, Volume CXVII, Issue 17250, 18 August 1916, Page 3
Word Count
675Page 3 Advertisements Column 1 Lyttelton Times, Volume CXVII, Issue 17250, 18 August 1916, Page 3
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