Page 13 Advertisements Column 3

Taranaki Daily News, 12 June 1930, Page 13

ADDITIONAL BANKING - FACILITIES- & N.Z.” BANK WARMLY WELCOMED. Forty years ago, our external trade amounted to £15,500,000 per annum, and there were five 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 been increased only by one. The need for a new bank has been apparent for years, and investors "welcomed the opportunity to take up shares at par in The Australian and New Zealand Banking Corporation, Ltd. With 400,000 shares already subscribed and having gone to allotment it is confidently expected that the new bank will commence operations during this year. This is sure evidence of the investors’ confidence. Bank -Shares are safe, sound and profitable. The dividend of the six banks operating- in Australia and New Zealand averages over 13 per cent., whilst each of them has built up huge reserves. Do not neglect this opportunity to invest in "A. & N.Z.” Bank Shares at par. Payment of Shares is spread over three years. , i.. • 1 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 of Dominion Brokers, Ltd., King’s Building, New Plymouth. 3.