Page 16 Advertisements Column 1

Auckland Star, Volume LXVI, Issue 245, 16 October 1935, Page 16

Financing New Zealand's Overseas Trade The trading banks of New Zealand provide the financial machinery for almost the whole of New Zealand's export and import trade. For goods valued at 100 British pounds a Bank pays the New Zealand producer 124 New Zealand pounds. The British pounds received by the Bank are available for sale to importers who require them to pay for imports from Britain. The New Zealand importer pays 124 a New Zealand pounds for 100 British pounds. Thus, on a telegraphic transfer basis, the Bank's gross profit on the buying and selling transaction is 10/- in New Zealand currency, against which must be charged salaries and office expenses. This is one of the many services rendered to producers, merchants and the community generally by the New Zealand trading banks. —Inserted by the Associated Banks of N«ui Zealand. 2 8 BRIDGE between NORTH and SOUTH ISLANDS ** Can you digest that? We could not understand any man seriously suggesting a bridge across the stormy perils of Cook Strait. No more could we understand any man who ventures to take his dinner without a touch of Mustard. Mustard takes away the perils of indigestion by removing the heavy, fatty richness of your food. it's nicer with —Colman's Mustard j/ • ;. .* 1 fv t: ■ $ : ■ ? -v- v.- •'...■ . ? A c lipoid" Auckland Star" "™ r J connect# with all deNEW TELEPHONE NUMBER IS G2ST& W, Tom's M V •' - - Hi ' ' »' "■ ' ' P.m. on Saturday*.