✨ Financial and Administrative Notices
Nov. 16.] THE NEW ZEALAND GAZETTE. 2757
Table of Factors.
| Period from Date of Conversion to Maturity Date of Existing Securities. | Factor. | Period from Date of Conversion to Maturity Date of Existing Securities. | Factor. |
|---|---|---|---|
| Years. | Years. | ||
| ½ | 0·488998 | 19½ | 12·891438 |
| 1 | 0·967235 | 20 | 13·096761 |
| 1½ | 1·434948 | 20½ | 13·297566 |
| 2 | 1·892370 | 21 | 13·493952 |
| 2½ | 2·339726 | 21½ | 13·686017 |
| 3 | 2·777238 | 22 | 13·873855 |
| 3½ | 3·205123 | 22½ | 14·057560 |
| 4 | 3·623592 | 23 | 14·237222 |
| 4½ | 4·032853 | 23½ | 14·412931 |
| 5 | 4·433108 | 24 | 14·584774 |
| 5½ | 4·824556 | 24½ | 14·752835 |
| 6 | 5·207389 | 25 | 14·917198 |
| 6½ | 5·581799 | 25½ | 15·077944 |
| 7 | 5·947970 | 26 | 15·235153 |
| 7½ | 6·306083 | 26½ | 15·388903 |
| 8 | 6·656316 | 27 | 15·539270 |
| 8½ | 6·998842 | 27½ | 15·686327 |
| 9 | 7·333831 | 28 | 15·830149 |
| 9½ | 7·661448 | 28½ | 15·970806 |
| 10 | 7·981856 | 29 | 16·108367 |
| 10½ | 8·295214 | 29½ | 16·242902 |
| 11 | 8·601676 | 30 | 16·374476 |
| 11½ | 8·901395 | 30½ | 16·503155 |
| 12 | 9·194518 | 31 | 16·629003 |
| 12½ | 9·481191 | 31½ | 16·752081 |
| 13 | 9·761556 | 32 | 16·872451 |
| 13½ | 10·035752 | 32½ | 16·990172 |
| 14 | 10·303914 | 33 | 17·105303 |
| 14½ | 10·566175 | 33½ | 17·217900 |
| 15 | 10·822665 | 34 | 17·328020 |
| 15½ | 11·073511 | 34½ | 17·435716 |
| 16 | 11·318837 | 35 | 17·541042 |
| 16½ | 11·558765 | 35½ | 17·644051 |
| 17 | 11·793413 | 36 | 17·744793 |
| 17½ | 12·022898 | 36½ | 17·843319 |
| 18 | 12·247333 | 37 | 17·939676 |
| 18½ | 12·466829 | 37½ | 18·033913 |
| 19 | 12·681496 |
Example of Working.
Conversion as from 15th December, 1933, of 6 per cent. securities for £100, maturing 14th January, 1947, into 4¼ per cent. securities.
Interest rate on existing securities (as reduced by Part I of the Act) is 4⅜ per cent. per annum.
One year’s interest on £100 at existing rate (4⅜ per cent.) is .. .. £ 4·8
One year’s interest on £100 at new rate (4¼ per cent.) is .. .. 4·25
————
Difference is .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. £0·55
Period from date of conversion (15th December, 1933) to existing maturity date (14th January, 1947) is 13 years 30 days, counted as 13 years.
Factor for 13 years is 9·761556.
£0·55 multiplied by 9·761556 is £5·3688558, or £5 7s. 4d., which is the premium for £100 of the existing securities.
The premiums on other amounts of existing securities of the same class can be computed in the same way, or alternatively, by ascertaining 5·3688558 per cent. of the amount of the principal in each case.
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/100.)
Declaring Roads at Opaki to be County Roads.
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of November, 1933.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
IN pursuance and exercise of the powers vested in him by the Public Works Act, 1928, and of all other powers in anywise enabling him in this behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby order and declare that the roads at Opaki, on the Wellington-Napier Railway, and described in the Schedule hereto, shall, on and after the date of this Order in Council, become county roads.
SCHEDULE.
ALL that road at Opaki, in the Masterton County, containing an area of 3 acres 2 roods 8 perches, more or less, adjoining or passing through Railway Reserve and Section 20, Opaki Registration District, Block IX, Kopuaranga Survey District:
Also all that road containing an area of 2 acres 0 roods 37 perches, more or less, adjoining or passing through Railway Reserve and Section 11, Opaki Registration District, Block XIII, Kopuaranga Survey District. (S.O. 2864.)
In the Wellington Land District; as the same are more particularly delineated on plan marked L.O. 2747, deposited in the office of the Government Railways Board at Wellington, and thereon coloured yellow.
F. D. THOMSON,
Clerk of the Executive Council.
(I.O. 14788.)
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VUW Te Waharoa —
NZ Gazette 1933, No 76
NZLII —
NZ Gazette 1933, No 76
✨ LLM interpretation of page content
💰
Computation of Premiums
(continued from previous page)
💰 Finance & RevenuePremium computation, Loan conversion, Local Authorities Interest Reduction and Loans Conversion Act 1932–33
- F. D. Thomson, Clerk of the Executive Council
🏗️ Declaring Roads at Opaki to be County Roads
🏗️ Infrastructure & Public Works13 November 1933
Roads, County roads, Opaki, Wellington-Napier Railway, Public Works Act 1928
- BLEDISLOE, Governor-General
- F. D. Thomson, Clerk of the Executive Council