COMMERCIAL
N.Z. LOAN & MERCANTILE Decreased trading profit of £388,328, compared with £438,882 last year, i: reported by the New Zealand Loan and Mercantile Agency, Limited. .The fall is mainly due to a smaller income from the livestock business, lower wool prices, and increased expenses, beyond the control of the company. Interest on first and second debentures and dividends on preference and ordinary shares remain the same. Settlements of taxation questions, both in the United Kingdom and the Dominions, resulted in freeing considerable sums to meet possible claims
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https://paperspast.natlib.govt.nz/newspapers/GISH19391229.2.159
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Gisborne Herald, Volume LXVI, Issue 20132, 29 December 1939, Page 12
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87COMMERCIAL Gisborne Herald, Volume LXVI, Issue 20132, 29 December 1939, Page 12
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