Page 3 Advertisements Column 3

Hokitika Guardian, 1 May 1930, Page 3

Available to • • • / and banking Corporation : LIMITED i: : ' : CAPITAL IAFE SOUND £5,000,000 PROFITABLE. Advantages of BANK SHARES Bank earnings respond 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 titties, whilst, it naturally increases during periods of prosperity-. Dividends rarely fluctuate to any great extent, for the stud.v of existing banks shows that the policy of providing for strong reserves, apart from helping the bankin its operations, assists in equalis- . ing the. dividends paid upon the shares. •} ; -‘- Most, if not all, of the banks operating in this .country have during the past seven or eight years offered to their .shareholders,, the opportunity of acquiring furtherShares at prices substantially ~ below the. 'market price;' j The jf'd- : .vantage to the shareholder ; u(<" pbyious. He receives wliat he mn.vcw treat either as an accretion : ;of T: . 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 be readily marketable. Bank shares are ah. ays ■ in demand, and consequently, should a shareholder desire to soil, he wotdd bavk no' ; difficulty in realising . his holding. Gone to Allotment Over 400,000 £1 Shares already applied for. ' Steady Demand all the Time . From the small as yyel.l as from the large investor flic demands for A. and N*Z. Bank Shares is steadily increasing. It is realised that there is ample scope in tliis country for another Bank, and that consequently these Shares provide one of the safest, soundest, and most profitable investments available to-day. " . ' ■. _/"s «> Shareholders funds cjoubled in 10 yj-s Shareholders’ Fund of the Banks transacting business Ixl Australia and New Zealand have almost) exactly DOUBLEDkIN ■, THE LAjbT-. 10 YEARS, the increase being in round figures Froiii fcb 78 millions. To-day purchasers must, necessarily pay cbiisiderable premiums to participate in these funds. Shares in the Australian and New Zealand Banking Corporation are flow offered at par,' arid -it may he years before such an opportunity occurs again. Consulting Accountants: W. E. Ci REID, C.8.E., Public Accogntapt, Dunedin. J. L. ARCUS, Public ; Accountant, Wellington. So* for £25 No further Paym?nt3 for Six,- W|onthß. ran A. and N.Z. Bank Shares are availalde NOW by paying 5/* per share on application, the balance, in calls of 2/6 per share at intervals of not less than -six months. Payment spread over three years. • Early Application Advisable. To - : W. H. THOMPSON, c/o. Messrs Harley and Co./ Greyttiontli, Please send me without obligation a copy of the Prospectus of The Australian arid New Zealand Banking Corporation^ Ltd:. ; ' ;/ 'V ' : • - Name .'.Wf.k.,.., Address S-l, Payment of Shares spread over years. ' Organising Brokers : ■ Dominion Brokers, Ltd., Box 227, Christchurch. Offices also at Auckland, Wellington, Junedin, New Plymouth, Whangarei, and Napier. )A& n & v (Extract from The Dominion,’ Wrilington, March 5, 1930.) COMMERCIAL BANE OF AUSTRALIA •,' • . 1 NEW ISSUE OYERSUBSCRIBED , A cable message received yesterday by Mr l E. P.; Yaldvvyn, manager of the Commercial Bank of • Australia. . LtdJ, from the head office in klelhourne, states that the new issue of 300,000 ordinary shares has been largely oversubscribed. ' The shares, which are of 10/- each, are being issued at £l, or. a premium of, 100 per cent., to prepent. holders, both preference and- ordinary;! irt proportion to the numbers •t : pree€“ A " held by them Sales of ‘ •rights'-V’ tlie new issue have been a featured the sales bn the Stock Exchanges : of Dominion for some months, and it Understood that a fairly large proj tion of the new • shares will be- 1 tributed throughout New Zealurid.J For those share* investors ’ • por cent. premkn By applying now i yau can" Australian and Nhw Zealand Corporation £i Shares at TRULY A UNIQUE OPPORTUNE BANK SHAB.ES AS INYEST- • * MENTS-' • " v “ Bank stocks or shares' k4h£kl/ unrivalled in the field' 6f ’ investnneat.... Australia and New Zealand investors-' need not be told that for yeara -irivest-i ment iri bank shares'has been a-most, profitable channel, and their popularity:: is well justified There is ever a ready sale for bank shares' should it 'become necessary to convert thern' into cash; for shares which rest on money tat; trolled by competent bankers and poriei.iced business men have a and freedom from risk that i« not often found in commercial commodities, which, have to run the gauntlet of , sale. exposed to the whims of fnsbipn mid, the finding of a customer, before t-lkr can be turned into mnroy. .*•-• , :; 'i\ ' The existing banking corporations are all conducted nlong prudent • lines,:. Dividends have been limited, white strong reserves have, been steadily increased, and premises arid other.'aseetis. haye been written down rigidly,. The benefits of this policy are self-appareiffc|. arid are realised to-day by the. tions, and in particular by the shareholders, who are" ; enjoying in most instances - and increasing' dividends from their holdings,‘ ah increase in the value of their shares from 1 the continual additions to* reserves, and' a generous participation on a preferred basis in periodical capita 1 ,

‘There is no evil without a remedy*’

—Sannazafb,

And the' greatest remedy for cough's, colds, sore throats, bronchitis, and dill chest- and lung troubles is Baxter’s Lung Preserver.. Penetrating, Warmlhg soothing and pleasant to take. Famous in New Zealand for over sixty yejirs. “Baxter’s” is a splendid • tonic; too, bracing up the system and enabling you to resist colds more readily. Be sure you get Baxter’s Lung Preserver. All chemists and stores generous-sized bottle 2s 6d, large family size 4s 6d. bntchelor size Is 6d.

fluctuations of the current as perienced locally do not effect to fcjly great extent the All Electric Majeswd Radio set. A ballast tube overcoilfes this annoying condition and also protects the set against excessive vdltago and the : resultant, burning out.of transformers. Ring ’phpne 112 atid arrange for a demonstration. L. f S. Ross, Majestio agent c or Westland.— 10.