xxviii Agricultural Gazette of N.S.W. [June'2, 1920. 



PROSPECTUS 



OF 



New South Wales Government Loan of £2,000,000. 



Rate of Interest 5| per cent, per annum. 



PRICE OF ISSUE: PAR. 



Interest Payable, 1st June and 1st December. First Payment of Interest, 

 1st December, 1920. Principal Repayable at Par. in Sydney, 1st June, 

 1925. List of Applications Closes, Wednesday, 30th June, 1920. 



The Government of New South Wales offers for subscription a loan of 

 £2,000,000, bearing interest at the rate of 5|% per annum and having a 

 currency of 5 years from 1st June, 1920, a guarantee being given that the 

 interest will be free of both New South Wales and Federal Income Taxes. 



The loan is being raised under the authority of the Act of Parliament 

 No. 27 of 1919, and is for the purpose of providing funds to enable the Govern- 

 ment to make advances, approximating £2,000,000, to necessitous farmers 

 who are suffering from the effects of the prevailing disastrous drought, and 

 also for providing funds for the completion of the wheat silos scheme. 



Applications for the loan should be addressed to the Colonial Treasurer, 

 The Treasury, Sydney. 



The principal, which must be lodged in full with the application, will be 

 accepted free of exchange, and the loan may be subscribed for either in the 

 form of Funded Stock or Debentures, at the option of the subscriber. 



Subscribers for Funded Stock may have the interest on their Stock 

 remitted to their Bank accounts in the country or outside the State free of 

 exchange, but the interest on the Debentures will be payable in Sydney. 



Forms of application for the Stock or Debentures may be obtained from 

 the Registrar of Stock, The Treasury, Sydney ; from the Branches of the 

 Government Savings Bank of New South Wales throughout the State, and 

 also at all Branches in the State of the Bank of New South Wales and the 

 Commercial Banking Company of Sydney, Limited. 



Applications for the Loan may be forwarded through members of 

 recognised Stock Exchanges. 



Interest on the Stock will accrue from the date of purchase, but, as a 

 coupon for a full six months' interest will be attached to the Debentures, 

 accrued interest, at 5|% per annum, from 1st June to date of purchase, 

 must be added to any applications for Debentures lodged after that date. 



Stock may be purchased in multiples of .£10 and Debeittures in multiples 

 of £100. 



Purchase money lodged prior to Ist June, 1920, will be held on deposit at 

 ij^y peran.ium up to that date. 



The Treasury, Sydney, JOHN T. LANG, 



Sth May, 1920. Colonial Treaaurer. 



