BANK SHARES WORTH BUYING

Auckland Star, Volume LXI, Issue 74, 28 March 1930, Page 4

BANK SHARES WORTH BUYING

"A. artd N,Z." Shw«s At P»r.

I Despite the average percentage dividend: of 14 per cent paid by the .bariM.'Optfat* &in P lu e tral§ and Kew Zealand a the market price for thoee btpk ihwes mi i>o Ihe fact that" the whole of the price' has to .be paid in cash "ght^^ v*y. Therefore the opportumty to ; iWSfcg. shares at par in the Australian and New Zealand Banking Corporation, ™J appeal to all discriminating, mv«W' Ample assurance ae to justification !for a new bank is afforded by the great increase in trade, and the steadily advancing profits of the operating banks. The farming, industrial and commercial sectione of the community will welcome the entry of the "A. and N.Z." Bank into- the field. Two million eharee are being offered to the public at par—an event unparalleled in the last forty years—and 400,000 of these have already been taken up, the bank having gone to allotment. All , shareholders will receive minimum interest at the rate of 2% per cent per annum on the payment* they have made. A copy of the prospectus can be had on application to the organising brokers, Dominion Brokers, Ltd., mn-m, Dil worth Buildings, Auckland! Offlow' at Whangarei, Wellington, New J'JymouLh, Napier, ' Christchurch and Pwnedin,—(Ad.)