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Public Notices. NEW ZEALAND GOVERNMENT £4 10., PER CENT. 'DEBENTURES. lame of 4J- per cent.” Rearer Debentures, under the authority- of the Finance Act, 1915, and pursuant to the Nqw Zealand Loans Act, 1908, us amended by the New Zealand. Loans Amendment Act, 1915, to provide money, for. local expenditure DURING Thh WAR. PRICE OF ISSUE FIXED. AT. =£loo PER CENT. , Government of New Zealand de sires to place before the public o, the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the security of the Public Revenues of New Zealand to provide. the funds necessary for loca. pu.poses during the present waf. In ryew of the hnancial strain al present imposed on the Imperial Treasury in pr.wdiug moneys for carrying on tin •war, the Government of this country con fidently asks all New Zealanders who can afford* to do so to assist the Empire by investing freely in these Debentures, aho thus in a measure 'relieve' the ‘ Mother Country of the Lurden_of having to provide tiie capital required for local pur poses in New Zealand. .Forms of application may be obtained from any Postal Money Order Office ci from the Treasury. Applications may be lodged at air, Posai Money Order Office, at thi Treasury, ’ Wellington, or at any Bant or registered Sharebroker’s office in the Dominion. App.icatious ‘ may be made for £5 or any multiple of .£5, and for a currency of 5, 10, 15, 20, or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Money Order Office may lodge amount, by cheque or in cash. v 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 bo forwarded to Wellington with tlu application. ' Applications for sums not exceeding •£50(10 must be accompanied by the total subscription or Bank receipt for tlu amount, and applications for sums ir excess of £SOOO must be accompanied by a deposit of 10 per 1 cent., balance payable on allotment. Allotments will* be mad: by the Controller and ■ Auditor-General. In tlx? 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 lodg meat, and will be subsequently exchanged for Debentures. The Debentures wjJJ be issued with in forest coupons’ attached 1 . Intere.t will be- payable half-yearly ..on presenlalien of coupons at a Postal Money Order Office, or at the Bank of New' Zea land, or at the Treasury. Interest will be computed from the 15th October, 1915, and will be free o. income tux. An annual Sinking Fund is established to provide for the redemption of the Debentures. The Debentures will be issued in de nominations of £5, £25, £SO, £IOO, £SOO, £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 Shareholders will be allowed a commission of 5s per XIOO on allotments made*in respect of applications received from them direct, and which bear their stamp, and are forward ed to the Treasury or to the Post Office, under cover of the form provided. Cover ing forms are obtainable from the Post Offices. Commission will be paid after allotment, and will not be .allowed on conversions or oh 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 the Government reserves the right to close at prior date or to' extend the period at its option. In case of over-subscription, the Government reserves the riglit 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 New Zealand Loads Act and maturing on or before the Ist December, 1916, 'will have the option of converting into 4J j«jr cent. 1915 Debentures at par, if application is made tp the Treasury on or before the 30th 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. Persona who now hjve money - deposited in the Post Office Savings Bank may purchase 4J 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 41- per cent, under the new Debentures will date from the 13th October, 1915. The forms of application and transfer may be obtained at tire Post Offices. NEW ZEALAND GOVERNMENT RAILWAYS. VACANCIES FOE CLEANERS.. Applications for position as Engine Cleaners will be received by the Locomotive Foreman at Wanganui and. •New Plymouth. I Fifth Standard Certificate necessary, and applicants must be 17 or 18 years of age., . Wages to commence, 5s 6d per day. WANTED Known Navy Prints, 4sd; ** Hair Nets, Is C dozen; wide Ribbons, \6d; Girls’ Navy Skirts, 3» lid; great value in Embroideries. At tlie Now House Drapery, Sale. ..

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https://paperspast.natlib.govt.nz/newspapers/WH19151025.2.2.4

Bibliographic details

Wanganui Herald, Volume L, Issue 14744, 25 October 1915, Page 1

Word Count
956

Page 1 Advertisements Column 4 Wanganui Herald, Volume L, Issue 14744, 25 October 1915, Page 1

Page 1 Advertisements Column 4 Wanganui Herald, Volume L, Issue 14744, 25 October 1915, Page 1