THE BUSINESS MAN AND HIS BANK

Hokitika Guardian, 12 July 1930, Page 4

THE BUSINESS MAN AND HIS BANK

' PROFITABLE PARTNERSHIP. Every business man has a bank as his silent partner. Neither can succeed without the other. The partnership earn be made profitable to both if it is based .upon mutual confidence • a?id a clear understanding of each other’s point of view. With the remarkable progress and expansion of industry and commerce in this country during recent, years, three has been an evergrowing demand for additional banking facilities. ("The Australian and New Zealand Banking "CJorpdration, Ltd. (the A. and N.Z. Bank), which has already gone to allotment, will participate enthusiastically aiul with tremendous forward impetus in the prosperity of. New Zealand. The directors consider that there is every possibility of the 'bank . commencing operations in the four centres this year. Shares in the “A and N.Z.” are available at par—the first time for forty years that it has bgen possible to secure bank shares without the payment of substantial premiums / A. and N.Z. Bank shares Assess the two main principals which -jinderlie sound investment. They are (a) the' security of the principal, and ..(b) the certainty of ,income,, Another cardinal ‘ quality associated with, tlie “A. and N.Z.V’ is, tlie marketability of the shares. , Copies of the prospectus are obtainable from the Organising-Brok-ers, Dominion Brokers, Ltd., 81 Cathedral Square (P.O. Box 227), Christchurch. j