V v Financing New Zealand’s Overseas Trade The trading banks, of New Zealand provide the financial machinery for almost the whole of New Zealand’s export and import trade. For goods valued at 100 British pounds a Bank pays the New Zealand producer 1 24 New Zealand pounds. The British pounds received by the Bank are available for sale to importers who require them to pay-for imports from Britain. The New Zealand importer pays 124£ New Zealand pounds for 100 British pounds. Thus, on a telegraphic transfer basis, the Bank’s gross profit on the buying and selling transaction is 10/- in New Zealand currency, against which must be charged salaries and office expenses. This is one of the many services rendered to producers, merchants and the community generally by the New Zealand trading banks., - Inserted by the Associated Banks of New Zealand. BEDROOM FURNITURE for the spare room ! IRWIN’ Bedroom Set Comprising RIMU BED WIRE MATTRESS KAPOK MATTRESS PILLOW & BEDSIDE RUG NO DEPOSIT AND PER week Take this opportunity to outfit that spare room with this Special Combination Offer, The Rimu Bedstead is neatly designed and soundly built. The Wire Mattress, Kapok Mattress, Pillow and Reversible Wool Rug are all gobd quality and are guaranteed to give satisfaction. 3ft, Size — NO DEPOSIT and /£> Weekly for 84 Weeks. 4ft. 6in. Size (includes 2 Pillows) NO DEPOSIT and 1/3 Weekly for 114 Weeks. Inspect Our Up-to-Date Stocks of Bedroom Suites , Rugs, etc . Everything for a Better Home FARMERS’ Furniture Branch WHANG ARE! win/ msT/r/to VERICHROME gets the picture where ordinary films fail. And no other film is the same as Veri chrome. Sold where you see the KODAK sign. r Accept naming out h siO i 3to& I ff m *^ ar y e^°j t>^oxw ‘ t^ Accept nothing but the j , „.niliar yellow box t V3 * I the checkered stripe.
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Northern Advocate, 19 October 1935, Page 11
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306Page 11 Advertisements Column 1 Northern Advocate, 19 October 1935, Page 11
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