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gliiiiElllllSiiliillllM . —Bank Stocks or Shares Stand Unrivalled in the Field of Investment i. Market Prices of Bank Shares considerably above Par Value 3. • ' —YOU CAN NOW BUY * BANK SHARES at PAR! The AUSTRALIAN and NEW ZEALAND , BANKING CORPORATION s LIMITED 1 ALLOTMENT NOW ASSURED \ Capital - £5,000,000 ' D'V'OED into 5 000,000 shares of £1 each, ROOM FOR NEW BANK •, Vr or which 2,000,000 shares of £1 each are being at offered for sale/overseas. 1,000,000 shares, of for * a? I°a u °PP ortunit >; < here pi i *' . i r r • new Bank is furnished by the appended cornpan- / each ar | bein g reserved for future Issue. sons of the Steadily increasing Net Profits of all the 2,000,000 Shares of £1 each are now offered Banks transacting bufcineM in Australia and (or) New 2 to the Public for subscription in New Zealand Zealand from 1912 to the present day, the Capital and Australia, to be paid as follows: 5/- and Remve Funds, and th« total distributed: per Share, being Application and Allotment Capuaiand Net Dividends • Money Payable on Application; Balance in 1912 ... TOSjf .2.MM14 £ I?7?3°«f Calls of 2/6 per Share at intervals of not less 1916 .. £38,642,428 £3,003,255 £2,152,948 than six months — that is, payment of shares 1920 £45,317,390 £4,159,922 £2,662,656 ; " spread —* leas < ,w 1928 :: S The nfet profit# for 1928 of the six banks operating UIKILI/1 UKo: in BOTH NEW ZEALAND AND AUSTRALIA amount H. M. MARLER, Auckland. to the very large aggregate of £3,964,668, made up Managing Director, H. M„ Marler, Ltd,, Director, as follows:— Renown Collieries, Ltd. Bank of New South Walts .. £1,184,943 T. J. NEVIN, Auckland. Bank of Australasia . ... .. .• 654,059 Proprietor, Murray Shoe Manufacturing Co.; Bank of New Zealand ... 841,878 Managing Director, Stanley Faulkner, Ltd. Commercial Bank .. .. >.. 355,019 I P sh&ni v a II j National Bank . . .. ■ -... i.-.< 289,803 J. r. aHANLI, Auckland. n . D , £ . t ' , 2a ' o ,, i Late Proprietor, J. F. Shanly and Co., Merchants. UlUOn Bank ° f Austral ' a — 638 ' 966 A. G. NEILL, Dunedin. £3 954 555 Barrieter-at-Law; Director, Dunedin Wool and Skin ' ' Co., Ltd.; Director, Howell Piano Action, Ltd.; Director, A.M.D.G. Corporation, Ltd.; Director Bell- «**.»* ■- hill Investment, Limited. SHARES AT PAR T LLEWELLYN E. WILLIAMS, A.R.1.8.A., M.I.S.E. Shades in the Australian and New Zealand Banking Architect and Structural°EnginVer. Wellington; Chair- "Y™ * P "' ™= „ fTV .. £ n -i 1 ''o lul ' < - nd,r years betore such an opportunity occurs again. man ot Directors of the Provident Land and Invest- D , , , , . , ment Corporation, Ltd Bank stocks or shares stand unrivalled in the A. C. WILLIS, Sydney. fidd ° f invesll » ent - _ Late Manager London Bank of Australia, Ltd.; Syd- Shareholders enjoy in most instances regular and ney, and E. S. and A. Bank, Sydney; Director Com- increasing dividends from their holdings, an increase monwealth Underwriters, Ltd. • 3n the value of their shares from the continual addiSolicitor ■ tions to reserves, and a generous participation on a MELVILLE, FERNER AND* BROUN, Auckland. Preferred basis in periodical issues of new Capital. Secretaries: I' i* because of these facts that bank shares, conTHOMPSON AND RODGER, Public Accountants sidered as safe and secure as Government stocks, have Auckland. ' come to be regarded as preferable to Government stocks, which lack those additional sources of profit OBJECTS attachable to bank shares. The objects of the Corporation generally are set out in the Memorandum of Association. Primarily, NO FREE SHARES * the aim is: to transact general banking business, including current and fixed deposits, bills of exchange, s kareß whatever are offered to vendors, proletters of credit, drafts, etc., etc.; to endeavour by moters, directors or anyone else except for cash, and ! the pursuing of up-to-date methods and ideas in 110 Payments out of the capital of the Corpora- , banking, to bring the bank into close and friendly t ' on are made to any person whatsoever. touch with all classes of business, and to extend such banking and credit facilities as will be commensu "ate HOW TO APPLY FOR SHARES: ew Zealand and Australia, and in country Applications for shares, together with the sum of offered W ' lere sufficie nt inducement is FIVE SHILLINGS per share, being application and allotment money payable on application, will be received bv the CORPORATION'S BROKERS—THE EXPANSION OF COMMERCE : 352 M 7 e development throughout Australia and Auckland: or at Branch Offices: Wellington, Napier, ew eaJand of primary and secondary industries, and Whangarei, New Plymouth. South Island Brokers: commercial houses associated therewith, has led to an Amalgamated Securities, Ltd., Christchurch, T'.maru, ever-increasing demand for more money to enable Greymouth, Dunedin. The total Trad^ 6 n.f tr N n ° t^7 ne f expan d e d- Applications will be dealt with in order of receipt, almost sevenfold during tta last* 35 increased and in view of the sound nature of the investment, it number of Banks fo years, but the is anticipated that the whole of the present issue will business has increased by * ke ? "** one - applications early. 200,000 Shares Already Applied For i?ilj r^^le Organising Brokers, tin in ana ; the dominion brokers, ltd., I T) Ijl ! 605-606 DILWORTH BUILDINGS, AUCKLAND. ! OSt Coupon j N „v' lw i SC ', PoSt me 3 c °py or the PROSPECTUS of the Australian ! dnu IXevv Zealand Banking- Corporation, Lttl. for Copy of j Kame : i Prospectus j Address ; s J

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https://paperspast.natlib.govt.nz/newspapers/AS19290921.2.19.2

Bibliographic details

Auckland Star, Volume LX, Issue 224, 21 September 1929, Page 4

Word Count
871

Page 4 Advertisements Column 2 Auckland Star, Volume LX, Issue 224, 21 September 1929, Page 4

Page 4 Advertisements Column 2 Auckland Star, Volume LX, Issue 224, 21 September 1929, Page 4

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