—Bank Stocks or Shares Stand Unrivalled in the Field of Investment Market Prices of Bank Shares considerably above Par Value —YOU CAN NOW BUY BANK SHARES at RAR! The AUSTRALIAN and NEW ZEALAND BANKING CORPORATION LIMITED ALLOTMENT NOW ASSURED Capital: £s,®®®,®®® DIVIDED into 5,000,000 shades of £1 each, ROOM FOR NEW BANK : of which 2,000,000 shares of £1 each are being Ample assurance as to the opportunity there exists offered for sale overseas. I,OOU,UUU shares or for a n ew Bank is furnished by the appended compari£l each are being reserved for future issue. sons of the steadily increasing Net Profits of ail the 2 000,000 Shares of £1 each are now offered Banks transacting business in Australia and (or) New to the Public for subscription in New Zealand “ and Australia, to be paid as follows: 2/- per n- -j j r» - a i- z.- j ah s. * Capital and Net Dividends Share. Being Application and Allotment Reserve Funds Profits Distributed Money, payable on Application. Balance in 1912 .. .. £31,606,875 £2,954,914 £1,713,453 Calls of 2/6 per Share at intervals of not less 1916 .. £38,642,428 £3,003,255 £2,152;948 than six months——that is, payment of shares is spread over at least three years. 1928 .. ... £78,316,887 £6,404,418 £5,213,456 FMRFC'TORS • The liet P r °fits for 1928 of the six banks operating . in BOTH NEW ZEALAND AND AUSTRALIA amount H. M. MARLER, Auckland. to the very large aggregate of £3,964,668, made up as Managing Director, H. M. Marler, Ltd., Director, follows: — i ?i Renown Collieries, Ltd. Bank of New South Wales .. .. £1,184,943 T. J. NEVIN, Auckland. Bank of Australasia .. ... .. 654,059 Proprietor, Murray Shoe Manufacturing Co.; Bank of New Zealand 841,878 Managing Director, Stanley Faulkner, Ltd. Commercial Bank 355,019 ’ T F SHANLY Auckland National Bank .. ~ 289,803 TXT, •; T AT ’1 “T nA Union Bank of Australia .. •>.. 638,966 Late Proprietor, J. F. Shanly and Co., Merchants. ’ A. G. NEILL, Dunedin. £3,964,668 Barrister-at-Law; Director, Dunedin Wool and Skin Co., Ltd.; Director, Howell Piano Action, Ltd.; ct T a anp its a Director, A.M.D.G. Corporation, Ltd.: Director Bell-' onAKLO A 1 aAK J hill Investment, Limited. Shares in the Australian and New Zealand BankLLEWELLYN E. WILLIAMS, A.R.1.8.A., M.I.S.E. ing Corporation are now offered at par., and it may (London). be years before such an opportunity occurs again. Architect and Structural Engineer, Wellington; Chair- . „ , . ~ man of Directors of the Provident Land and Invest- , . Ban k stocks or shares stand unrivalled in the field meat Corporation, Ltd. of investment. A. C. WILLIS, Sydney. Shareholders enjoy in most instances regular and Late Manager London Bank of Australia, Ltd.; Syd- increasing dividends from tl\cir holdings, an increase ney, and E. S. and A. Bank, Sydney; Director Com- in the value of their shares from the continual ad- ' monwealth Underwriters, Ltd. ditions to reserves, and. a generous participation on a Solicitors: . preferred basis in periodical issues of new Capital. MELVILLE, FERNER AND BROUN, Auckland. n j a because of these facts that bank shares, conSecretaries: sidered as safe and secure as Government stocks, have THOMPSON AND RODGER, Public Accountants, come to be regarded as preferable to Government stocks Auckland. which lack those additional sources of profit attachable to bank shares. OBJECTS: The objects of the Corporation generally are set NO FREE SHARES : out in the Memorandum of Association. Primarily, the aim is: to transact general banking business, including No shares whatever are offered to vendors, procurrent and fixed deposits, bills of exchange, letters of moters, directors or anyone else except for cash, and credit, drafts, etc., etc.; to endeavour by the pursuing 110 cash payments out of the capital of the Corporaof up-to-date methods and ideas in banking, to bring tion are being made to any person whatsoever, the bank into dose and friendly touch with all classes of business, and to extend such banking and credit HOW TO APPLY FOR SHARES * facilities as will be commensurate with safety and adequate remuneration to the Shareholders. The Bank . Applications for-shares, together with the sum of will open branches in the main centres of New Zea- FIVE SHILLINGS per share, being application and land and Australia, and in country and urban centres, allotment money payable on application, will bo rewbere sufficient inducement is offered. ceived by the CORPORATION’S BROKERS — THE DOMINION BROKERS, LTD., AT THEIR HEAD EXPANSION OF COMMERCE : OFFICE, 605-606, Dilworth Buildings, Queen Street, ~ , ' A A ' Auckland: or at Branch Offices: Wellington, Napier, The rapid development throughout Australia and W h ang arei, New Plymouth. South Island Brokers: New Zealand oi primary and secondary industries, and Amalgamated Securities, Ltd., Christchurch, Timaru, commercial houses associated therewith, has led to an Greymouth Dunedin. ever-increasing demand for more money to enable these “ ’ activities to be strengthened and expanded. Applications will be dealt with in order of receipt, The total Trade of New Zealand has increased and in view of the sound nature of the investment, it almost sevenfold during the last 35 years, but the num- is anticipated that the whole of the present issue will ber of Banks to handle this enormously increased busi- be quickly taken up. Investors should, send in their ness has been increased by only one. applications early. 1 200,000 Shares Already Applied For I To The Organising Brokers, I & \ THE DOMINION BROKERS, LTD Local Branch Office 605-606, DILWORTH BLDGS., AUCKLAND. I Please post me a copy of the PROSPECTUS of the Australian Amalgamated lit ana j au j j^ e . w Zealand Banking Corporation, Ltd. I Securities and Post , Limited, Coupon for 1 Namo ■’ • ~*“«* ’ Commercial i i Chambers Copy of |- Address j Greymouth. Prospectus | |
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Greymouth Evening Star, 28 September 1929, Page 5
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921Page 5 Advertisements Column 5 Greymouth Evening Star, 28 September 1929, Page 5
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