Page 6 Advertisements Column 1

New Zealand Herald, Volume LXVI, Issue 20366, 21 September 1929, Page 6

Jfr.V.r,-. .. 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 PARI The AUSTRALIAN and NEW ZEALAND LIMITED ALLOTMENT NOW ASSURED Capital - - - £ 5,000,000 DIVIDED into 5,000,000 shares of £l each, i of which 2,000,000 shares of £l each are /being offered for sale overseas; 1,000,000 shares of £ 1 each are being reserved for future issue; 2,000,000 shares of £l each are now offered to the Public for subscription in f' New Zealand and Australia, to be paid as follows: 5/- per share, being Application and Allotment Money, payable on Application. Balance in Calls of 2/6 per Share at intervals of not less than six months—that is, , payment of shares is spread over at least three years. DIRECTORS: H. M. MARLER, Auckland. Managing-Director, H. M. Marler, Ltd.; Director# ! Renown Collieries, Ltd. T. J. NEVIN, Auckland. Proprietor, Murray Shoe Manufacturing Co. J Managing-Director, Stanley Faulkner, Ltd. J. F. SHANLY, Auckland. t Late Proprietor, J. F. Shanly & Co., tMerchants. A. G. NEILL. Dunedin. Barrister-at-Law; Director, Dunedin Wool and Skjn Co., Ltd.; Director, Howell Piano Action, Ltd.; Director, A.M.D.G. Corporation, Ltd.; Director, Bellhill Investment, Limited. LLEWELLYN E. WILLIAMS, A.R.1.8.A., M.I.S.E. (London). Architect and Structural Engineer, Wellington; Chairt man of Directors of the Provident Land and Invest" ment Corporation, Ltd. A. C. WILLIS, Sydney. Late Manager, London Bank of Australia, Ltd., Sydney, and E.S. and A. Bank, Sydney; Director, Commonwealth Underwriters, Ltd. 1 Solicitors: MELVILLE, FERNER & BROUN. Auckland. Secretaries: THOMPSON & RODGER, Public Accountants, Auckland. OBJECTS: The objects of the Corporation generally are set. f out in the Memorandum of Association. Primarily. the aim is: to transact general banking business, including current and fixed deposits, bills of exchange, letters of credit, drafts, etc., etc.; to endeavour by the pursuing of up-to-date methods and ideas in banking to bring the bank into close and friendly touch with all classes of business, and extend such ■I, banking and credit facilities as will be commensurate with safety and adequate'remuneration to the Shareholders. The Bank will open branches in the main centres of New Zealand and Australia, and in country and urban centres where sufficient inducement is / offered. f* EXPANSION OF COMMERCE: The rapid development throughout Australia and New Zealand of primary and secondary industries, and commercial houses associated therewith, has led • to an ever-increasing demand for more money to enable these activities to be strengthened'and expanded. The total trade of New Zealand has increased almost sevenfold during the last 35 years, but the number of Banks to handle this enormously increased business has been increased by only one. £5,000,000 ROOM FOR NEW BANK; • Ample assurance as to the opportunity there exists fov a new Bank is furnished by the appended comparisons of the steadily-increasing Net Profits of all the Banks transacting business in Australia and (or) New Zealand from 1912 to the present day, the Capital and Reserve Funds, and the total Dividends distributed: — Capital and Reserve Funds. £31,606,875 £38,642,428 £45,317,390 £60,669,785 £78,316,887 Net Profits. £2,954,914 £3,003,255 £4,159,922 £5,546,236 £6,404,418 Dividends Distributed. £1,713,453 £2,152,948 £2,662,656 £3,793,989 £5,213,456 The net profits for 1928 of the six banks operating . in BOTH NEW ZEALAND AND amount to the very large aggregate of £3,964,668, made up as follows: Bank of New South Wales .. £1,184,943 Bank of Australasia ... t. •> 654,059 Bank of New Zealand .. 841,878 Commercial Bank i—i i.-.i 355,019 National Bank .. i.i* 289,803 Union Bank of Australia . 638,966 £3,964,668 SHARES AT PAR: Shares in the Australian and New Zealand Banking Corporation are now offered at par, and it may be years before such an opportunity occurs again. Bank stocks or shares stand unrivalled in the field of investment. Shareholders enjoy in most instances regular and increasing dividends from their holdings, an increase in the value of their shares from the continual additions to reserves, and a generous participation on a preferred basis in periodical issues of new Capital. It is because of these facta that bank shares, considered as safe and secure as Government stocks, have come to be regarded as preferable to Government stocks, which lack those additional sources of profit attachable to bank shares. NO FREE SHARES: No shares whatever are offered to vendors, promoters, directors, or anyone else, except for cash, and no cash payments out of the capital of the Corporation are being made to any person whatsoever. » HOW TO APPLY FOR SHARES: Applications for shares, together with the sum of FIVE SHILLINGS per share, being application and allotment money payable on application," will be received by the CORPORATION'S BROKERS, THE DOMINION BROKERS. LTD., AT THEIR HEAD OFFICE, 605-606, Dilworth Buildings, Queen Street, Auckland; or at Branch Offices: Wellington, Napier, Whangarei, New Plymouth. Soulth Island Brokers: Amalgamated Securities, Ltd., Christchurch, Timaru, Greymouth, Dunedin. Applications will be dealt with in order of receipt, and, in view of the sound nature of the investment, it is anticipated that the whole of the present issue will be quickly taken up. Investors should send in their applications early. 200,000 Shares Already Applied For FILL 1 IN AND POST COUPON FOR COPY OF. .■( PROSPECTUS. ' / To The Organising Brokers, THE DOMINION BROKERS, LTD., 605-606, DILWORTH BLDGS., AUCKLAND. Please post me a copy of the PROSPECTUS of the Australian and New Zealand Banking Corporation, Ltd. Address >-. :rrj

BUSINESSES FOR SALE. fAPARTMENT House, city; 23000; email JtX deposit, balance 5; y.o„ o years; suitable bachelor flats.-—Flata, 753, Herald. B" ILLIARD Room, 3 tables, and Tobacconist; dwelling; prosperous suburb; going concern; snip.—Billiards, 460, Herald. ."13ILLIARD Saloon, 3 tables, accessories; Jj freehold; good business; Rotorua line; tables as new; cash or terms £3so.—Address at Herald. BILLIARD SALOON, East Coast Town. i 5 good tables, all accessories: lease syrs; tent £3; ingoing £700: terms half cash,. WENZL SCfeOLLUM. 109, Street. IS /~IHEMIST'S Business, established 20 years; prico £100; stock and fittings at .-valuation.— Koy-Stratton. H.M. Arcade. fIONFECTIONERY, Orange Drink, V> Marblo Bar, Soda fountain, etc., wellestablished business; large turoovor; big profits. Feasibilities unlimited.. Secure this business for the summer. Prxco less than valuation.—Kay-Btratton. H.M. Arcado. /10NFECT10NEHY. Mixed,. good position; ■ V-* 3 rooms, rrnt 255; prico £65; great offer.—Biploy, Hellaby'e Bldgs. COUNTRY Store, P.O. conducted on premises, and dwelling;, turnover £IGOO month; good profits; no price-cutting.—Bur-rett, Shortland St. _ DAIRY, Confectionery, beautifully fitted; well stocked; splendid stand; ' select locality; modern rooms: exceptional; £Bo. Rip'iey, Co., Hellaby's Bldgs., Opp. G.P.O. V* opposition; main highway. Freehold property; £I6OO. Stock and plant approx. £3OOO. Turnover £21,000. Good terms. No risk, no worry. BAKERY.— An excellent business. Guaranteed very old-established. Delightful seaside town. Bro«vd, small goods, etc. Owner retiring. Full particulars hero. Cash price £I4OO. CONFECTIONERY.— Manufacturing Business, well established and well conducted, Big not profit certified. Price £3OOO. Cash and proporty proposition considered. fDILLIARD SALOON AND HAIRDRESS.O INO PARLOUR, ,Taranaki: 4 tables. Hnlennm business 5 gooa lease. Prico £750. fRESTAURANT AND CONFECTIONERY. 4!V —An old-established and up-io-dato JJuslnws. Most- interesting town; £SO weekly turnover. Price lor stock, plant, lilting*, furniture, etc., £BGO. /IBNfcRAL oiIOCERY STORE, busy V* country town. Stock, etc.. appro*. £OOO. Freehold property, £7OO. Turnover, JKIOO monthly. f\ ROOERY. CONFECTIONERY. DAIRY. Vfl" —Suburban business, school trade. Nico , premises. Shop and Dwelling. Low rent. Jprico £BS. a. ML BKYDB!r- ---; i , BRUNSWICK BUILDINGS, „ 17i, QUEEN STREET. Vmbtf »1 Real Estate Institute)