BANK SHARES WORTH BUYING.
"A. and N.Z." SHAEES AT EAR,
Despite the average dividend of over 13 per cent, paid by the banks operating in both Australia and New Zealand, the- market price of these bank shares is so relatively high that they aro prohibitive to the average investor, because of the large premium that has to be paid and the fact that the whole of the purchase price has to be paid in cash right away. Therefore the opportunity to invest in shares at par in the Australian and New Zealand Banking Corporation, Ltd., will appeal to all discriminating investors. , Ample assurance as to the justification for a new bank is afforded by the great increase in trade, and the steadily advancing profits of the operating banks. The farming, industrial, and commercial sections of the community will welcome the entry of the A. and N.Z. Bank into the field. Shares are being offered to the public at par —an event unparalleled in the last forty years —and over 400,000 have already been taken vp —the bank having gone to allotment. A copy of the prospectus can be had, without obligation, on application to the Organising Brokers, Dominion Brokers, Ltd., Box 779, Wellington. — Advt. ' ,
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https://paperspast.natlib.govt.nz/newspapers/EP19301210.2.136
Bibliographic details
Evening Post, Volume CX, Issue 139, 10 December 1930, Page 14
Word Count
204BANK SHARES WORTH BUYING. Evening Post, Volume CX, Issue 139, 10 December 1930, Page 14
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