xxxiv Agnculturai Gazette of N.S.W, [Nov. 2, 1920. 



i^!f^ 



PROSPECTUS 



OF 



New South Wales Government Loan of £3,000,000. 



RATE OF INTEREST, 51/2 PER CENT. PER ANNUM. 



PRICE OF ISSUE: PAR. (Payable in Instalments). 



Interest Payable 1st June and 1st December. 



A Full Six Months' Interest will be Payable 1st June, 1921. 



Principal Repayable at Par, in Sydney, 1st December, 1930. 



List of Applications closes Monday, 3rd January, 1921. 



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

 £3,000,000, bearing interest at the rate of 5% per cent, per ^nnum, and having 

 a 'currency of 10 years from 1st December, 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 be applied towards 

 the completion of the North Coast Railway, the Railways from Dubbo to 

 Werris Creek, Glenreagh to Dorrigo, and Canowindra to Eugowra, Hydro- 

 Electric Schemes for South-west Eiverina and North Coast, and other Public 

 Works and Services. 



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

 The Treasury, Sydney. 



The principal is payable in instalments, as follows, viz.: — 



£25 per cent, on Wednesday, 1st December, 1920; 

 £25 per cent, on Monday, 3rd January, 1921; 

 £25 per cent, on Tuesday, 1st February, 1921; 

 £25 per cent, on Tuesday, 1st March, 1921; 



and wjll be accepted free of exchange. 



Applications made, after 1st December, 1920, must be accompanied by 

 interest at 5% per cent, per annum, from that date to date of lodgment of 

 the first instalment of £25 per cent. Any second, third, or final instalment 

 not paid on its respccitve due date must also have interest to date of payment 

 added. 



The loan may be subscribed for either in the form of Bonds or Funded 

 Stock at the option of the subscriber. 



Bonds or Stock may be purchased in multiples of £10. 



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 Bonds will be payable in Sydney. 



Forms of application for the loan 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. 



Deposits and instalments will be accepted at the Treasury, Sydney, 

 or at any of the Branches of the Banks named. 



Applications for the loan may be forwarded through members of recog- 

 nised Stock Exchanges. 



JOHN T. LANG, 

 The Treasury, Colonial Treasurer. 



Sydney, Ist October, 1920. 



