THE BUSINESS MAN AND HIS BANK.

Timaru Herald, Volume CXXV, Issue 18624, 21 July 1930, Page 13

THE BUSINESS MAN AND HIS BANK.

PROFITABLE PARTNERSHIP. j Every business man has a bank as j his silent partner. Neither can sue- i ceed without the other. The partner- i ship can be made profitable to both if. it is based upon mutual confidence | and a clear understanding of each J other’s point of view. With the remarkable progress and expansion of industry and commerce in this country during recent years, there has been an overgrowing demand for additional banking facilities. The Australian and New Zealand Banking Corporation. Ltd. (the A. and N.Z. Bank), which has already gone to allotment, will participate enthusiastically and with tremendous forward impetus in the prosperity of New Zealand. The directors consider that there is every possibility of the bank commencing operations in the four centres this year. Shares in the “A. and N.Z.” are available at par—the first time for forty years that it has been possible to secure bank shares without the payment of substantial premiums. A. and N.Z. Bank shares possess the two main principals which underlie sound investment. They are (a) the security of the principal, and (b) the certainty of income. Another cardinal quality associated with the “A. and N.Z.’s” is the marketability of the shares. Copies of the prospectus are obtainable from the Organising Brokers. Dominion Brokers, Ltd.. 81 Cathedral Square (P.O. Box 227), Christchurch. ..