The New Zealand banking system is based on the British system which has proved its worth through the years and especially during the recent depression. The banks have over 500 branches and agencies throughout the Dominion ready to provide necessary banking facilities to all sections of the community. This system has enabled New Zealand to weather the world depression better than many other countries, and throughout the depression depositors in the New Zealand trading banks have never had a moment of worry about the safety of their money. To-day the banks have the confidence of the people to such an extent that they hold deposits to the value of £61,000,000. The banks are well equipped to meet the reasonable financial requirements of firms and individuals in any part of the Dominion. The share, holdings of the banks are widely spread throughout the community. , The average return to shareholders on their funds employed fell from 6-52% in 1929 to 3-38% in 1933. Banki of Net
Have you found on the nrovis it difficult to decide ans of your will? If so, call and have a discussion with our Trust Officers, who have had a long experience in the! Administration of Estates, and obtain the benefit of their advice. liTSimaaiiHiiitiMMMft Company, Limited (Established over 51 Years Ago) DUNEDIN, CHRISTCHURCH, TIMARU, OAMARU, INVERCARGILL. ALFRED IBBOTSON, General Manager. makes you inefficient Office workers should guard against eyestrain by wearing carefully prescribed spectacles—especially if they work in artificial light. Consult the CO., LTD. Queen's Building:, 61 Princes St., I>nnedin, C.I. A. H. FAIKMAID, Consulting Optician. \""" lIIIDIIIIIDIIIIIIIIBIIII^ TRENGTH 'J'HE ability to "nurse" an estate until an opportunity for satisfactory realisation arises is a factor of primary importance in selecting a trustee. In very many estates the financial strength of the Public Trust Office has thus safeguarded the beneficiaries from distress. Consult the Public Trustee, Wellington, or his local representative.
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Otago Daily Times, Issue 22718, 2 November 1935, Page 8
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313Page 8 Advertisements Column 4 Otago Daily Times, Issue 22718, 2 November 1935, Page 8
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