BANK DIVIDENDS IN NEW ZEALAND .AVERAGE 14 P.C. ■: The average dividend paid by banks operating in both Australia and New Zealand is 11 per cent. In no case is it under 12 J per cent. Dividends rarely fluctuate to any great extent, for the policy of providing strong reserves, apart from helping the bank in its operations, assists in equalising the dividends paid upon its shares. The need for a new bank in New Zealand, to meet the enormously-increased volume of trade, has long been apparent, and shrewd investors will take full advantage of the opportunity to secure shares at par in The Australian and New Zealand Banking Corporation, Ltd., for such an opportunity- has not occurred for forty years^ The directors of the new bank are men of wide and successful business experience," whilst the general management will be in the hands of competent and experienced bankers. In view of the. sound nature of this investment, it is anticipated that the whole of the present issue of shares will be quickly talcen up. Intending investors, therefore, should secure a copy of the prospectus without delay. The organising brokers .are Dominion Brokers, Ltd., New Zealand House, ** 217, Lambton quay (next Union Bank), Wellington.— Advt.
__ SHIPPING. ROYAL PACKET . JNAVIGATxwJ CO. (X.P.M. LINE). JAVA AND SINGAPORE. . .Regular Monthly Cargo and Passenger Service, ivitli new fast 11,000-ton Steamera from Melbourne, .Sydney, and Brisbane to Macassar, Java Ports, Singapore, Penang. and Belawan Deli (Sumatra). Sailing from Sydney— NIEUW ZEELAND, AUGUST 22. Special arrangements for Overland Trips througU Java at moderate fares. Special Reduced THROUGH ; FARES from Australia to U.K..and CONTINENT by splendid luxurious first-class Dutch Mail Steamers, via JAVA. • Sew Zealand Agents: JOHNSTON & CO., LTD., Wellington. RUSSELL & SOMERS,-Auckland. ' '-.GETY & CO., LTD., aristchurch. Invercargill, rTimaru, and Dunedin. Head Office for Australasia: • ROYAL PACKET NAVIGATION CO., 255, George street. Sydney. SOUTH AFRICA AND ENGLAND. BLUNE FUNNEL AND WHITE STAR ABERDEEN JOINT SERVICE. •Nestor Sept. 9 •xUlysses Oct. 29 tDemosthenea Sept 28 tCeramic Oct. 29 *Carries Ist Class only. fCarries Ist and 3rd Classes. ' tCarries' "Cabin" Class (i.e., Superior 2nd Class) only. • xTravelling via Suez. '. . . . FARES FROM N.Z: South Africa. London. Single. Return. Single. Return. Ist ...... £74 10 £137 £104 £183 Cabin ... £!>0 10 £94 £75 £135 3rd £23 £42 £39 £71 Interchangeable Return Tickets. For full particulars, apply to.. MURRAY, ROBERTS, & CO., LIMITED. DALGETY & COMPANY. LiMTEBD. LEVIN & COMPANY, LIMITED,
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Evening Post, Volume CVIII, Issue 42, 17 August 1929, Page 12
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393Page 12 Advertisements Column 1 Evening Post, Volume CVIII, Issue 42, 17 August 1929, Page 12
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