Page 34 Advertisements Column 2

Otago Witness, Issue 3214, 20 October 1915, Page 34

AUVtRTISEMiiNrt. -\T£W ZEALAND GOVERNMENT £4- 10s PER CENT. DEBENTURES. Issue of per cons. Bearer Debentures, under the aut.ionty ot “The Finance Act, 19J.5,” and pursuant to “The New Zealand Loans Act, I'aOS,” as amended by “ The New Zealand Doans Amendment Act, 19x5,” to provide moneys for local expenditure DURING THE WAR. PRICE OF ISSUE FIXED AT £IOO , PER CENT. The Government of New Zealand desires to place beiore tire publio of the Dominion this Prospectus, showing the terms and con ditions under which moneys may be invested on the security of the Public Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. In view of the financial strain at present imposed on the Imperial Treasury in providing moneys for carrying on the war, the Government of this country confidently asks ail New Zealanders who can, afford to do so to assist the Empire by investing freely in these Debentures and tiius in a measure relieve the Mother Country of the burden of having to .provide the capital required for local purposes in New Zealand, Forms of application may be obtained from any Postal Money-order Office or from the Treasury. Apphcat.ons may be lodged at any Postal Money-order Office, at the Treasury, Vv ellington, or at any bank or _ registered snarebroker’s office in the Dominion. Applications may be made for £5 or any multiple of £5, and for a currency of five, 10, 15, 20, or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Moneyorder Office may lodge amounts by cheque or in cash. If cheques are forwarded, exchange must be added where payable. In cases where application is posted direct to Wellington, the lodgments must be first paid in to the “ Public Account ” at any branch of the Bank of New Zealand, and the bank receipt must in such case be forwarded to Wellington, with the appheaAoplications for sums not exceeding £SOOO must be accompanied by the total subscription or bank receipt for the amount; ana applications for sums in excess of £SOOO must be accompanied by a dej of Id per cent., balance payable on allotment Allotments will be made by the Controller and Auditor-general. In the case of default in payment of the balance, the deposit previously paid will be liable to forfeiture. If no allotment is made, the deposit will be returned. Interim receipts will be issued on lodgment, and will be subsequently exchanged for Debentures. ' . ... The Debentures will be issued with interest Coupons attached. Interest will be payable half-yearly on presentation of coupons at a Postal Moneyorder Office, or at the Bank of New Zca land, or at. the Treasury. Interest will be computed from the 15th October, 1915, and will bo free of income tax . An annual Sinking Fund is established to provide for the redemption of the Deben tures. The Debentures will be issued in demonP nations of £5, £25, £SO, £IOO, £IOOO, or in such higher denominations as may be agreed upon with the Treasury, and will be made payable to bearer. Deben tures will be repayable at par at the Treasury, Wellington, or at any office of the Bank of New Zealand in the Dominion on their due date. Banks and registered sharebrokers will be allowed a commission of 5s per £IOO on allotments made in respect of applications received from them direct, and which bear their stamp, and are forwarded to the Treasury or to the Post Offices under cover of the form provided. Covering forms are obtainable from the Post Offices. Oommis sion will be paid after allotment, and will not be allowed on conversions or on transfer of moneys now on deposit with the Post Office Savings Bank The Debentures are Government Securities, in which Trustees are authorised to invest Trust Funds. APPLICATIONS will CLOSE at the Treasury on 6th NOVEMBER, 1915; but iho Government reserves the right to close at a prior date or to extend the period at its option. In case of over-subscription, the Government reserves the right to decline any application, m whole or in part, as it may determine. Interest will not be paid in respect of any amounts forwarded with applications which are declined. , CONVERSIONS. Holders of Government Debentures issued under_ the .Now Zealand Loans Act, and maturing on or before the Ist December, 1916, will have the option of converting into per cent. 1915 Debentures at par if application is made to the Treasury on or before the 50th NOVEMBER, 1915. The interest under the new Debenture will take effect after the coupon for the then current half-year under the old Debenture has been paid. POST OFFICE . SAVINGS BANK DEPOSITS. Persons who now have money deposited in the Post Office Savings Bank may purchase 4-g per cent. Debentures by means of transfer. They must apply on or before the 6th NOVEMBER. 1915, to the Postmaster in charge at any Postal Money-order Office within the district in which their account is open, in order that the requisite transfer may be made. Interest at 4£ per cent, under the now Debentures will date from tho_ 15th October, 1915. The forms of application and transfer may be obtained at the Post Offices. 200 BUFFERING WOMEN, avoid operations *5 by using Orange Blossom ” ; month’s treatment, 5s. —Mrs Hawkins, George street Dunedin. 29iyS 'PRAY YOUR POTATOES, TREES, AND SHRUBS FRUIT With “GIRAFFE” BRAND OF LIME SULPHUR. If you wish to harvest a record crop of Potatoes, free from blight, then Spray with “Giraffe” Brand of Lime Sulphur. Use the Superb, the C.M.P., The Conqueror, or the Deeming Spray Pump, the best and cheapest Pumps on the market. REILLY, GILT-, & CO., Produce Merchants and Commission Agents, Moray place, Dunedin.