Page 14 Advertisements Column 1

Evening Post, Volume CX, Issue 86, 8 October 1930, Page 14

■HIGH DIVIDENDS. FBOM BANK SHABES. Latest balance-sheet figures showbank shares in a most favourable light, the dividend being in every case of a highly remunerative nature. To quote only three instances: Bank of New Zealand,-14 1-3 p.e. Commercial Bank of Australasia, 15 p.c. Bank of Australasia, 14 p.i:. It may be pointed out that these are the usual dividends paid by the abovementioned banks, and are in no way exceptional. High dividends —with safety—explain the overwhelming popularity of bank shares with investors, and account for the high market price asked for shares in the operating banks. But there is no necessity to pay a heavy premium for bank shares. Share's in the Australian and New Zealand Banking Corporation Ltd. are still available at par. For the first time in forty years, investors have the- opportunity of acquiring bank shares without paying a premium, and on particularly easy terms of payment. The new bank has gone to allotment, the minimum of 400,000 £1 shares being reached some months ago, and with the enthusiastic, support since accorded by the public, the "A. and N.Z." Bank is expected to be in active operation this year. .Shares cannot always remain at par, and investors are advised to apply at once for a copy of the prospectus. This can be had, without any obligation, from the Organising Brokers, Dominion Brokers, Ltd., Box 779, Wellington,—Advt,