Page 11 Advertisements Column 2

Ashburton Guardian, Volume 50, Issue 155, 12 April 1930, Page 11

* Available to Everyone .. . SHARES AT PAR The AUSTRALIAN and NEW ZEALAND , BANKING CORPORATION LIMITED CAPITAL £5,000,000 SAFE SOUND PROFITABLE Advantages of BANK SHARES Bank earnings respond not only to money rates but also to the volume of loans. In practice, the earning power of a well-conducted bank is stable even in bad times, whilst it naturally increases during periods of prosperity. Dividends rarely fluctuate to any great extent, for the study of existing banks shows that the policy of providing for strong reserves,’ apart from helping; the bank in its operations, assists in equalising the dividends paid upon the shares. Most, if not all, of the banks operating in this country have during the past seven or eight years offered to their shareholders the opportunity of acquiring further shares at prices substantially below the market price. The advantage to the shareholder is obvious. He receives what he may treat either as an accretion of capital or as an extra dividend, in either case not subject to taxation. Marketable Security One of the cardinal qualities of desirable investment is that the security be readily marketable. Bank shares are always in demand, and consequently, should a shareholder desire to sell, he would have no difficulty 'in realising his holding. Gone to Allotment Over 400,000 £1 Shares already applied for. From the small as well as from the large investor Steady Demand the demand for A. and N.Z. Bank Shares is all the Time. steadily increasing. It is realised that there is ample scope in this country for another Bank, and that consequently these Shares provide one of the safest, soundest, and most profitable investments available to-day. Shareholders funds doubled in 10 yrs. The Shareholders’ Fund of the Banks transacting business in Australia and New Zealand have almost exactly DOUBLED IN THE LAST 10 YEARS, the increase being in round figures from 39 to 78 millions. To-day purchasers must necessarily pay considerable premiums to participate in these funds. Shares in the Australian and New Zealand Banking Corporation are now offered at par, and it may be years before such aa opportunity occurs again. Consulting Accountants: W. E. C.’ REID, C.8.E., Public Accountant, Dunedin. j. L. ARCUS, Public Accountant, Wellington. 100 Bank Shares for £25 No further payments for Six Months. A. and N.Z. Bank Shares are available NOW by paying 5/- per share on application, the balance in calls of 2/6 per share at intervals of not less than six months. Payment spread over three years. Early Application Advisable . Accredited Representatives : A. A. PYMAN, , D E. Li. DAVIES, A. H. MOXLEY. _ VOS’** To The Org-anisino- Brokers, DOMINION BROKERS, LTD., Box 227, Christchurch. Please send me without obligation a copy of the Prospectus of The Australian and New Zealand Banking Corporation, Ltd. Name ~ \ Address \ Organising Brokers: Dominion Brokers, Ltd., Box 227, Christchurch. . Offices also at Auckland, Wellington, Dunedin, New Plymouth, Whangarei, and Napier. '

Order Your Easter Suit Right Away! YOU have just time to secure your “Crown” Hand-tailored Suit if you call and select your pattern to-day. A- BIC RANGE of the very latest materials, and the exclusive “Crown” handtailoring service are at your command. Tailoring Company (N.Z.) LTD., Tancrad Street, Ashburton. (Murray and Co.’s Furnishing Premises, nearly opposite Arcade). Warehouse at Christchurch.