Page 3 Advertisements Column 2

Hokitika Guardian, 12 April 1930, Page 3

Available to Everyone . . . •it.v AT PAR The AUSTRALIAN and NEW ZEALAND BANKING CORPORATION LIMITED CAPITAL £5,000,000 ;AFE SOUND PROFITABLE Advantages of BANK SHARES Bank earnings re&pon i not only to money rates but also to the volume of loans. In practice, the earning power of a well-conducted bank is stable even in bad times, whilst it naturally increases during periods of prosperity-. \ Dividends rarely fluctuate to any great extent, for the studv of existing banks shows that the policy of providing for strong reserves, apart from helping tiie bank in its operations, assists in equalising the dividends paid upon the sha res. Most, if not all, of the banks operating in this country bine during the past seven or eight yeai-s offered to their shareholders the opportunity of acquiring further shares at prices substantially below the market price. The advantage to the shareholder is obvious He receives what he may treat either as an accretion of capital or as an extra dividend, in either case not subject to taxation. Marketable Security One of the cardinal qualities of desirable investment is that the security he readily marketable. Bank shaves are ah.ays in demand, and consequently, should a shareholder desire to sell, be would have no difficulty in realising his holding. Gone to Allotment Over 400,000 £1 Shares already applied for. From the small as well as from the large investor Steady Demand the demand for A. and N.Z. Bank Shares is Time; steadily increasing. It is realised that there is ample scope in this country for another Bank, and that consequently these Shares provide one b£ the safest, soundest, aiid most profitable investments avr liable to-day. Shareholders funds doubled m 10 yrs The Shareholders* Fund of the Banks transacting business in Australia and New Zealand have almost exactly DOUBLED IN THE LAST 10 YEARS, the increase being in round figures from 39 to 78 millions. To-day purchasers must necessarily pay considerable premiums to participate in these funds. Shares in the Australian and New Zealand Banking Corporation are now offered at par, and it may be years before such an opportunity occurs again. Consulting < : Accountants: W. E; G. REID, C.8.E., Public Accountant, Dunedin. d. L. ARGUS, Public Accountant, Wellington. 100 Bank Shares for £25 No fur that Paymont: for Six Months. A. and N.Z. Bank Shares are available NOW by paying 5/» per share on application, the balance in calls of 2/6 per share at intervals of net less than six months. Payment spread over three years. Early Application Advisable . Payment of Shares spread over three years. jMPtf*** jp*®* I** 1 ** sat** To /*r ' . • W. H. THOMPSON, c/o. Messrs Harley and Co., Greymouth. Please«send me without obligation a copy of the Prospectus of The Australian and New Zealand Banking Corporation, Ltd. Name - Address •••• ’ s-i ” • *• 1* Organising Brokers: Dominion Brokers, Ltd., Box 227, Christchurch. Offices also at Auckland, Wellington, Junedin, New Plymouth, Whangarei, and Napier.

FOR SMOKERS THROAT—PULMONAS. No doubt about it—smoking irritates many throats. But don’t stop smoking. Take Pulmonas occasionally. The soothing influence of these handy pastilles quickly banishes soreness and irritation. You see, Pulmonas release a healing vapour throughout the breathing system. Ward off coughs and prevent infection. Pulmonas, Is 6d and 2s P>d.—Advt.

A salad is not a salad without Shar* land’s Vinegar Get it at your grocers bottle or talk.—Advt.