Bank of New Zealand
fPBE fTXITBD PBKM 488OCTATIOK.) Auckland. April 28. At the half yearly meeting of the }fcnlc of New Zealand a dividend of ffteea per peat, was declared and £30,000 earned forward. The Ckairfubn stated that the figures showed jmore active employmeut of the bank's Resources, a diminution of Government deposits, and some inorease in deposits. He alluded to the inevitably urge percentage of losses incidental to a time of wbrldswide deprifeooa owing to which, notwithstanding the increase «f earning power, the net nrofit .did not. admit in the jaliaitiiae of any*additiqii to the reserve fond. He : gave an emphatic contca/ipßtiq*la tii* aenfational reports ot \<m fcr Holt* defalcations and stated Ibat the tots cannot exceed f 10,000 to £15,000 and is reasonably <l]Hiff flit nUfmitnlj to prove much
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Bibliographic details
Feilding Star, Volume VII, Issue 137, 29 April 1886, Page 3
Word Count
131Bank of New Zealand Feilding Star, Volume VII, Issue 137, 29 April 1886, Page 3
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