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The Bank of New South Wales

The half yearly report arid* state-/''; ment of accounts of the Bank of New •South Wales, which appears in "our ".'.; advertisement columns :to : day, .shows, that the net profits of the half year ,* amount to £118,984, making, -witU • undivided balance from previduß halt year, £8584, a total bf -fi1 2^568: ;Oht; 1 of this, a dividend and bdnus K aif fifar rate of 17J- per, cent iniium ar^rei; commended, addition of £10,000 is. made ; taVthjeM», reserve fund, raising it to £990,000^.^ and the balance, £8193, is carried for-' ward. The Melbourne! Argus^of the 3rd insfc lias the . following :-7~Th;e| Bank of New South T^ales enjoys the 1 distinction of being the fifth in -„ magnitude as a deposit bank of] the? r banks of the British," Empire,. preff cedence being taken only by. the j^aut,.- j of England, the" Nationaj(,Prpyinc|aL, l T ' of England, the. London and.'^^st^!^ minister and liloycls. Of \ Jh<a s , JffrgoV deposits of the Bank ot New fgotftfc .,**' Wales it is understood thajfc 'oyev.mae-C'J, tenths are purely colonial.! ,?// ' f^ , !"'

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18920519.2.13

Bibliographic details

Feilding Star, Volume XIII, Issue 138, 19 May 1892, Page 2

Word Count
177

The Bank of New South Wales Feilding Star, Volume XIII, Issue 138, 19 May 1892, Page 2

The Bank of New South Wales Feilding Star, Volume XIII, Issue 138, 19 May 1892, Page 2

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