Page 7 Advertisements Column 2

New Zealand Herald, Volume LXVII, Issue 20536, 10 April 1930, Page 7

ADDITIONAL BANKING FACILITIES, "A. AND N.Z." BANK WARMLY WELCOMED. Forty years ago our estornal trado amounted to £ 15,500,000 per annum, and there were fivo banks operating .in the country. To-day our external trade totals over £ 100,000,000, but the number of banks to handle this enormously increased business has beon increased only by one. The need < for a new bank has been apparent for years, and investors welcomed tho oppor- • tunity to take up shares at par in Tha Australian and New Zealand Banking Cor>. poration, Ltd., 400,000 being quickly sub* scribed, with the result that tho now bank has now cone to allotment. Bank shares are safe, sound and profit* able. The dividend of tho six bankß oper-> a ting in Australia and New Zealand averages over 13 per cont., whilst each of then* has built up huge reserves. Do not neglect this opportunity to invest in "A, and N.Z." Bank Shares at par. Payment of shares is spread over threb years, and shareholders will receive minimum interest at the rate of 21 per cent, per annum on the payments they have mado. Interest at the rate of 6 per cent* per annum will be allowed on all payments other than application and allotment mono®" made before their due dates. A of the Prospectus can be had on application to the organising brokers. Do-' minion Brokers. Lid., 005-000, Dilworth Buildings, corner Queen aud Streets. Auckland. Offices also at ngarei* Napier; N>w. Pljnwnihjj' OtoistofaurthiWaadf^uoedu^