Page 34 Advertisements Column 2

Otago Witness, Issue 3215, 27 October 1915, Page 34

ILATu ADVERTISEMENTS. TkTEW ZEALAND GOVERNMENT J.N £4- 10s PER CENT. DEBENTURES. Issue of per cent. Bearer Debentures, under the authority of “ The I l l nance Act 1915,” and pursuant to “The New Zealand Loans Act, 1908,” as amended by “ The New Zealand Loans Amendment Act, 1915,” to provide moneys for local expenditure DURING THE \V AR. PRICE OF ISSUE FIXED AT £IOO PER CENT. The Government of New Zealand desires tc place before the public 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 piesent 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 thus in a measure relieve the Mother Country of the burden of having to provide the capital required for local purposes in Now Zealand. Forms of application may bo obtained from any Postal Money-order’ Office or from the Treasury. , _ , , Applications may be lodged at any lostal Money-order Office, at the Treasury, \\ el* lington, or at any bank or registered sharebroker’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 bo 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 appneation. Applications for sums not exceeding £SOOO must bo accompanied by the total subscription or bank receipt for the amount; and applications for sums in excess of £SOOO must be accompanied by a deposit of 10 per cent., balance payable on allotment. Allotments will bo made by the Controller and Auditor-general. In the case of default in payment or the balanje, 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 Now Zea land, or at the Treasury. Interest will be computed from the 15th October, 1915, and will be 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 demomnations 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. Debentures 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. Commission 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 Cth NOVEMBER, 1915; but ■I ho 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, in 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 tho Ist December, 1916, will have the option of converting into 4-i per cent. J 915 Debentures at par if application is made to the Treasury on or before tho 30th NOVEMBER, 1915. Tho interest under the now Debenture will take effect after the coupon for tho then current half-year under the old Debenture has been paid. POST OFFICE SAVINGS BANK DEPOSITS. Persons who now have money deposited in tho Post Office Savings Bank may purchase 4g 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 per cent, under the new Debentures will date from the 15th October, 1915. The forms of application and transfer may be obtained at the Post Offices. TO TRUSTEES. Trustees desiring to invest Trust Moneys in tho 4g per cent. Government Debentures Loan may make special arrangements with tho Treasury in regard to the time and method of lodging the deposit or purchase money for the Debentures. PPLICATIONS for”CADETSHIPS are invited from Candidates who have been successful in passing tho Public Service Entrance Examination or the Public Service Senior Examination. Appointments will bo subjected to the conditions of the Public Service Act. Applications will not be entertained from single youths eligible for military service. Further particulars may be obtained on application to tho Secretary, Public Service Commissioner. 27° SUFFERING WOMEN, avoid operations by using ‘‘Orange Blossom”; month’s treatment, ss.—Mrs Hawkins, George street. Dunedin. 29jy