BEST INVESTMENT !N. 40 .YEARS. BANK SHARES AT PAR. It is approximately forty years since Bank shares were offered at par in New Zealand. Recently a new issue of 500.900 Commercial Bank Shares at 100 per cent, premium was over-subscribed by present shareholders. All other bank shares are eagerly bought, when opportunity offers, at substantial premiums. There can be no doubt that there is room for a new bank. External trade has increased by close on £85,000,000, and there is only one bank more now than in 1893. It is not surprising, therefore, that The Australian and New Zealand Banking Corporation, Limited, hao been warmly welcomed by the public. The bank has already gone to allotment, and with success thus assured it has been decided to issue a-further number of shares to New Zealand investors. “A. and N.Z.” Bank Shares are offered at par, and payment is spread over three years. Copy of the Prospectus may be obtained from the Organising Brokers, Dominion Brokers,.. Ltd., who have offices at Auckland, . Wellington, Whangarei, Napier, Christchurch and Dunedin, or from Mr. R. McK. Morison, North, Taranaki representative joif.Dominion Brokers, Ltd.,, King’s. Budding, . New Plymouth,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19300610.2.109.1
Bibliographic details
Taranaki Daily News, 10 June 1930, Page 11
Word Count
192Page 11 Advertisements Column 1 Taranaki Daily News, 10 June 1930, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.