Page 4 Advertisements Column 1

New Zealand Times, Volume LII, Issue 12250, 23 September 1925, Page 4

Gilt-Edged Investments The following loans issued by the Wellington City Council in debentures of £IOO each are now offered to the public. Hutt Road Construction Loan £50,000 £35,900 has already been raised, and the , balance of £14,100 is available to the public. The loan is for a period of 8 years and 81 months, repayable on 31st March, 1934. Interest at 5£ per cent, is payable* half' yearly on 31st March and 30th September. Milk Supply Loan £38,000 f This loan is for the very short period of 4 years and 6 months, and is repayable on Ist March, 1930. The nominal rate of interest is per cent., but as the £IOO debenture will be sold for £99,. this investment, including redemption, will, yield £5 11s Id per cent. Interest will be paid half'yearly on Ist March and Ist Septemfietv Attractive Features for Investors The loans and the Interest and Sinking Fund are secured on special rates. The Debentures are redeemable at par on the due dates. Interest commences immediately an investment is made. Investors within New Zealand will receive interest and repayment principal free of exchange. Trustees may invest in these Municipal Debentures. Civic Pride This is an opportunity to show a practical interest in your city. Have you confidence in the Wellington City Council’s progressive policy? How much healthier is the community since the municipal milk scheme was inaugurated? Have you not fine roadg|since the City Council set out on their paving scheme? Is not your Tramway Service something to be proud of? . What a boon is the universal 3d fare. Dunedin has raised all its loan money locally during the past twelve months. Wellington catn do the-same. There is no more attractive or convenient form of investment available. Further particulars may be obtained from, and applications should be made to, The City Treasurer, Town Hall, Wellington. R. TAIT, Acting Town Clerk.

\p EDMONDS BAKING POWDER,