Page 14 Advertisements Column 1

Evening Post, Volume CIX, Issue 88, 14 April 1930, Page 14

NEW BANK'S SUCCESS ASSURED. STILL TIME TO BUY. "A. AND N.Z." SHAKES'AT PAB. The new bank —The Australian and New Zealand Banking Corporation, Ltd.—has already gone to 'allotment, 400,000 shares-at £.1 each having.been taken up; and further shares are available to New Zealand investors at par. This is an outstandingly good opportunity to make a safe, sound, and profitable investment in an enterprise which will be of distinct benefit to the country. Australian and-New Zealand trade has increased enormously during the last forty years, and banking returns bear evidence that the banks have benefited by thjs increase. The six banks operating to-day are averaging over 13 per cent, yearly dividend, and have built up substantial reserves —in three,cases the reserves actually exceeding the paid-up capital. It is an accepted fact that the new bank has ample scope and a bright future. Intruding investors are urged to make,, t application without delay. "A. and N.Z." shares are being issued at par. Payment is spread over throe years, and shareholders will receive interest at 2.\ per cent, per annum on the payments they have made. Interest at the rate of 5 per cent, per annum will be allowed on all payments other than application and allotment money' made before their due dates. Write or call to-day for copy of prospectus. Organising brokers, Dominion Brokers, Ltd., New Zealand House, .217, Lambton quay, Wellington; offices also at Whangarei, Auckland, New Plymouth, Napier, Christchurch, and Dunedin. — Advt. .