Page 8 Advertisements Column 1

Manawatu Standard, Volume LXI, Issue 206, 1 August 1941, Page 8

o MINS FROM P.O. Oi, if you’re in a Hurry. Rina 5353. NIELSEN’S DYERS AND DRY CLEANERS. OPP. PUBLIC TRUST, MAIN ST.

m ; - E 35» '♦♦♦*--• • • : rfc:^ ■ logit igigi As illustrated, these Revolving Clothes Driers take up very little room on your back Lawn, give you 150 feet of drying line —ample for an average sized Family—and what is more important gives those tired legs a rest.' You don't have to follow the line all over the backyard—you just stand on the one spot and the Clothes Drier comes round to you. 16ft in diameter, it can be erected so that the line is within easy reach when hanging out the Clothes. It is ball-bearing in its action which makes it revolve easily and catch any and every Breeze there is. iiweu SNG CLOTHES DRIER hanging out your weekly wash. It costs only —is easy to assemble, tidies up your Lawn and what is more makes your lYash Day a pleasure. © • WATSON BROS. LTD.

DOMINION OF NEW ZEALAND GOVERNMENT WAR LOAN Authorized 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. Issue of £S0 9 00& 9 @oo in either of the following forms: 2*2 per Cent. Stock repayable Ist August, 1946 First interest payment Ist February, 1942, on Fully-paid Allotments £l-5-0 per cent. Instalment Allotments £O-15-6 per cent. 3 per Cent. Stock repayable Ist August, 1951/54 First interest payment Ist February, 1942, on Fully-paid Allotments £l-10-0 per cent. Instalment Allotments £O-18-6 per cent. Interest payable, Ist February and Ist August raiCE ©F ISSUES £IO© PER ©EfCFo Payable as follows: (a) For Fully-paid Allotments full issue price is payable on application. (b) For Instalment Allotments: . £2O per cent, is payable on application. £3O percent, is payable Wednesday, Ist October, 1941. £3O per cent, is payable Monday, 3rd November, 1941. £2O per cent, is payable Monday, Ist December, 1941. £ 100 per cent. Lean opens Ist August, 1941: Closes 2nd September, 1941 The Minister of Finance reserves the right to close at an earlier date. The Reserve Bank of New Zealand has been authorized by the Minister of Finance to receive applications for the issue of £10,000,000 New Zealand Government Stock as above. PURPOSE OF LOAN. The proceeds of the issue will be paid into the War Expenses Account established under Parc 1 of the War Expenses Act, 1939. A TRUSTEE INVESTMENT. Trustees are authorized by the Trustee Act, 1908, to invest in New Zealand Government Stocks unless expressly forbidden by the instrument (if any) creating the trust. METHOD OF PAYMENT. Subscriptions may be paid in full at time of application or by instalments on the terms specified in this prospectus; Provided that by arrangement with the Reserve Bank a subscriber may pay in advance any or all of the instalments due in respect of an instalment allotment, and where any such advance payment is made and accepted at least fourteen days before due date of the instalment or instalments A DISCOUNT AT THE RATE OF £2 PER CENT. PER ANNUM WILL BE ALLOWED from the date of payment up to the due date of the instalment or instalments. Cheques in payment of deposits or instalments will be accepted free of inland exchange. Default in payment of any instalment at its proper date renders any sum previously paid liable to forfeiture and the relative allotment to cancellation. FORMS OF STOCK. New Zealand Government Stock will be issued in any of the following forms as applicants may direct on the form of application:—■ (a) Registered Stock transferable by memorandum of transfer; (b) Stock Certificates to bearer with coupons annexed; (c) Death-duty Stock. Registered Stock may be converted into Stock Certificates to bearer, and Stock Certificates may be converted into Registered Stock without payment of any fee. INTEREST PAYMENTS. Interest will be paid half-yearly on the Ist February and Ist August. The first payment will be made on the Ist February, 1942, at the following rates: — (a) On Fully-paid allotments of both loans, a full half-year’s interest. (b) On Instalment allotments on the 2i-per-ccnt. loan, 15s. 6d. per cent. (c) On Instalment allotments of the 3-pcr-cent. loan, 18s. 6d. per cent. Interest on Registered Stock, including Death-duty Stock, will be paid by means of interest warrants, which will be transmitted by post at the risk of the holder. The Reserve Bank of New Zealand will accept directions from stockholders for payment of their interest to any agent in the Dominion; existing instructions for the payment of interest will apply in respect of both loans. Interest on Stock Certificates to bearer excepting the interest due on Instalment Allotments on Ist February, 1942, will be paid by means of coupons annexed to the Certificates. The interest due Ist February, 1942, on Instalment Allotments of Stock Certificates will be paid by means of warrants which will be forwarded by post to the subscriber. REGISTRATION OF STOCK. Stock will be registered in the names of the subscribers, and Stock Certificates to bearer will be issued as soon as practicable after payment of the full amount of the subscription has been made. Stock Certificates to bearer may not be issued for amounts of less than £SO. On registration of stock, registration certificates will be issued to subscribers unless certificates of title evidencing ownership of the stock are required in which case application for such certificates should be made on the prescribed form. 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. TRANSFERS. Transfers of Government Stock otherwise than by way of gift are exempt from stamp duty. Death-duty Stock is not transferable as such from person, to person, but may be exchanged for ordinary stock, which is transferable. Stock Certificates (until the name of some person is inserted therein as the holder) are transferable by delivery. MINORS. .. Any minor of the age of ten years or upwards may be registered as the holder of stock and may execute transfers thereof. REPAYMENT. The 2J-per-cent. Stock of this issue WILL BE REPAID at par at the Reserve Bank of New Zealand on the Ist August, 1946. The 3-per-cent. Stock of this issue, if not previously redeemed, WILL BE REPAID at par on the Ist August, 1954, but the Minister of Finance reserves the right to repay at par at any time on or after the Ist August, 1951, on giving not less than three months’ notice in the New Zealand Gazette of his intention to repay. The ultimate repayment of the Public Debt of the Dominion is in the main provided for under the Repayment of the Public Debt Act, 1925, in pursuance of which New Zealand’s debt-reduction resources shall be applied in the purchase and redemption of New Zealand Government securities at or before maturity. APPLICATIONS. Applications accompanied by a remittance for the full issue price, or the required deposit of £2O per cent., may be lodged at the Reserve Bank of New Zealand, at any branch of any trading bank in the Dominion, at the District Treasury' Offices at Auckland, Christchurch, or Dunedin, or at any postal money-order office in New Zealand. Applications must be for an amount of £lO or multiples thereof. Commission at the rate of ss. per £IOO of Stock allotted will be allowed to bankers and registered sharebrokers on applications bearing their stamp. COPIES OF PROSPECTUS AND APPLICATION FORMS. These may be obtained from—The Reserve Bank of New Zealand, Wellington; the District Treasury Offices at Auckland, Christchurch, or Dunedin; any branch of any trading bank in New Zealand; any postal money-order office in New Zealand, or from members of any Stock Exchange in New Zealand. The list of applications is now open and will be closed on or before Tuesday, 2nd September, 1941. Subscribe Early - INVEST IN VICTORY An advertisement authorized by the Reserve Bank of New Zealand. Wellinjton, Ist Aujuit, 1941.