Page 23 Advertisements Column 1

New Zealand Illustrated Sporting & Dramatic Review, Issue 1456, 21 March 1918, Page 23

WAR fff| LOAN. PROSPECTUS OF DOMINION OF NEW ZEALAND Issue of £9,500,000 41 per Cent. War Loan (FREE OF NEW ZEALAND INCOME TAX.) PRICE OF ISSUE: PAR. TERM OF LOAN: 20 YEARS. The Snbscription-list will lie closed on MONDAY, Bth APRIL, 1918. rpHE Loan is authorised to be raised under the War Purposes Loan Act, LODGMENTS.— Forms of application may be obtained and lodgX 1917, and pursuant to the New Zealand Loans Act, 1908, as amended ments made at any Postal Money Order Office, or at any branch of any by the New Zealand Loans Amendment Act, 1915, and both capital and Bank, or at the Treasury, Wellington. interest will be charged upon the consolidated revenue of the Dominion. Lodgments will be made as follows;— The Loan c ivill be utilized by the Dominion for <war Fuiiy-paid Allotments—purposes only, and will take the form either on application .. .. 100 per cent, of Inscribed Stock or Bearer-bonds, at the option of the subscriber. % p- -nt. ( (= - (i j“nt) June, 1918; £200,000 of the Loan will be reserved for individual persons who desire 25 per cent, (fourth instalment), Monday, 2nd September, 1918. to invest in securities which will be available for payment of New Zealand Death Duties. Applications for this class of security must be specially Instalments may be prepaid, but such prepayments will not entitle marked. These securities will not be transferable, but may be exchanged the subscriber to any additional interest. at the Treasury for other available securities, if so desired. case O f default in the payment of any instalment at its due date, The issue is an investment authorised by the Trustee Act, and Trustees instalments previously paid will be liable to forfeiture. may invest therein. Provisional receipts will be issued for all payments, and in the case Applications will not be accepted for less than £lOO, but small invest- of Investments in Bonds these receipts will be exchangeable for Bonds to ors may subscribe sums of £l. up to £5OO, for a period of five or ten Bearer as soon as the latter can be prepared., years, at any Postal Money Order Offibe. J In the case of Stock Investments, Inscription Certificates will be posted The Bonds will be issued in denominations of £lOO, £5OO, and £lOOO, to investors when the amounts are fully paid up. or such higher denominations as may be arranged, and will be payable to , ... ~ „ , , ui suvii a The stock be inscri bed m accordance with the New Zealand bearer. k Inscribed Stock Act, 1917 (read in conjunction with the New Zealand Loans Stock will not be issued for any amount under £lOO, and any amount Act, 1908), and the inscription books of the Loan will be kept at the applied for in excess of £lOO must be a multiple of £lO. Dominion Treasury, at Wellington, where all transfers of stock will be The Loan will be repaid at par at the Treasury, Wellington, or at any made. Transfer forms may be obtained at the Treasury. branch of the Bank of. New Zealand in the Dominion on 15th November, 1938. Holders of War Bonds in the £16,000,000 Loan, issued under Section 35 T , , i a i -iK+v, ivr.,,, of the Finance Act, 1916, will have the right to convert into Inscribed Stock, Interest on Bonds and Stock will be paid half-yearly, on 15th May and ... Un, -ioqq 1 k+i Mn a hnr y > with currency to 15th November, 1938, at any time between Bth April, ibtn in vemo r. 1918, and Ist March, 1920, on application in writing to the Dominion The first interest will be paid on 15th November, 1918, and will Treasury, Wellington. amount to £2 14s. 6d. per cent, on fully-paid allotments (221 days), and Arrangements have been made under which the Banks have agreed £1 15s. lid. per cent, on instalment allotments. to a n ow advances at a reasonable rate of interest to clients who desire Interest on tully-paid allotments and on the first instalment of instal- • nveB ‘ lr ' the '- oa “ »“t who have not the ready money to enable them ment allotments will date from Sth April, 1918. to do 30 wlth,n the tlme Arrangements will be made for New Zealand War Loan Securities to Interest on second, third and_ fourth instalments of instalment allot- quoted on the London Stock Exchange as soon after the War as the ments will date from the respective dates of payment shown herein. British Chancellor of the Exchequer agrees. Interest on Inscribed Stock will be paid by Dividend Warrant, which REGISTERED SHAREBROKERS will be allowed a commission of ss. will be transmitted by post. i per £ioo on allotments made in respect of applications for this issue Interest on Bonds will be paid on production of Coupon. bearing their stamp and forwarded to the Treasury through any bank or Postal Money Order Office under cover of memorandum signed by the Both Warrants and Coupons will be payable, free of exchange, at the sharebroker. No commission will be allowed in respect of applications Treasury, Wellington, or at any Postal Money Order Office, or at any on forms which have not been printed by the Government Printer, or on branch of the Bank of New Zealand in the Dominion, or in ■ London or applications not forwarded as aforesaid, or on applications for Post Office Australia as may be arranged. Certificates or Stock. POST OFFICE WAR LOAN CERTIFICATES AND POST OFFICE 5 PER CENT. WAR LOAN INSCRIBED STOCK. To enable persons of moderate means to subscribe to the Loan, appli- Post Office War Loan Stock will be inscribed for £lOO or multiple of cations will be received at any Postal Money Order Office for Post Office f 1 bu * not exceeding £5OO. No person may purchase this Stock whose total subscription to the War Loans has reached £5OO. Interest will be War Loan Certificates or Post Office 5 per cent. War Loan Inscribed paid by warrant at the rate of 5 per cent., and will be subject to Income Stock at the option of the subscriber. Tax, and the term will be ten years. , „ Full particulars regarding the Post Office War Loan Certificates and War Loan Certificates are repayable, with interest compounded, free post Office War Loan Inscribed Stock are obtainable at any Postal Money of Income Tax, at the end of five or ten years. Order Office. COMPULSORY SUBSCRIPTIONSThe attention of the public is specially drawn to Section 40 of the F.nance Act, 1917, which provides machinery for the compulsory levy of subscriptions to the War Loan. It is confidently anticipated that the full amount of 9J millions will be voluntarily subscribed, but should there be any deficiency it will be necessary to raise the amount of such deficiency by compulsory levy in in accordance with the Act. APPLICATIONS will close on MONDAY, BTH APRIL, 1918, but the Mimster of Finance reserves the right, to close at a prior date or to extend the period. Treasury, Wellington, N.Z., JOSEPH GEORGE WARD, 16th March, 1918. . Minister of Finance.