Page 12 Advertisements Column 1

Evening Post, Volume CX, Issue 42, 18 August 1930, Page 12

BANK SHARES STEADY. j A SAFE, PROMTABI/E INVESTMENT. To illustrate the stability of bank shares in an uncertain market, it is necessary only' to quote the Bank of Australasia, which, for the year ended j 31st March, 1930, paid its usual dividend of 14 per cent. The net profit for the year amounted to the colossal sum, of £677,183 7s 2d. ' j For shares in any of the operating banks a high premium must, of course, be paid, but shares in the new bank (the Australian and New Zealand Banking Corporation, Ltd.) are offered to investors at par. Such an opportunity has not occurred for forty years, and investors are according the New Bank most enthusiastic support, the subscription total reaching 400,000 £1 shares some time ago, with the result that the bank has gone to allotment, and is expected, to be in active operation this year. In such a promising venture shares eaunot always remain at par. Investors are advised to act at once in, order ! to secure without the payment of a premium. . Apply now for a copy °f !no prospectus to the organising brokers, Dominion Brokers. Ltd., 68, Dixon street, "Wellington. This will placu yon under |no obligation.—Advl.