N.Z.L and M.A. Company.
.1 — 0' i ' (Per Prews Association.) London, December 18. The annual Teport of the New Zealand Loan and Mercantile Agency Company shows the isross earnings for the yea* to be i-254,514, and the debit' balance £28,893. The auditors suggest that further large provision be made for deficits in respect ofj properties and loans. The report states that the 1 debt doe includes 15 months' interest on the prior lien of " A " debentures, and if only the year's interest had been taken into account; it -would 'have left a credit of .£3203. The call had 'already produced, over £500,000. Business was well-main-tained. The sum of 4340,956 had been deducted from the bookyalue of the assets to meet actual and contingent losses andiurtber large ;doficjta would be dealt with in thefntutk , r , . < ' * t
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Bibliographic details
Feilding Star, Volume XVII, Issue 142, 14 December 1895, Page 2
Word Count
135N.Z.L and M.A. Company. Feilding Star, Volume XVII, Issue 142, 14 December 1895, Page 2
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