NEW ZEALAND AND RIVER PLATE COMPANY.
(from ovn own cobkbspondest.) LONDON, i>eceinber 19. In the thirtieth annual report of the New Zealand and River plate Land Mortgage Company, it is shown that th© net profit for tbrf"'year ended October 31st last, exclusive of the amount brought forward from the preceding year, amounts to £64,914,. and compares with £54,812 for tne year ended October 31st, 1912—being an increase of £10,102. By the addition of £5179 brought forward from the preceding year, the balance to the credit profit and. lo*» account amounts to £70.093Out of this sura an interim dividend of 5 per cent, for the half-year ended April 30th, 1913, was paid, amounting to £17,500, leaving a sum of £52,593, which the directors recommend should be applies as follows:-—To paymentof a dividend of 5 per cent, (making, witn the interim dividend of 5 per cent., a' total distribution of £35,000, being 10
per cent, for the year), £17,500; to reserve, £25,000 (making the reserve £435,000; to be carried forward, £J 0,093.
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Press, Volume L, Issue 14886, 28 January 1914, Page 11
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170NEW ZEALAND AND RIVER PLATE COMPANY. Press, Volume L, Issue 14886, 28 January 1914, Page 11
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