LOAN AND MERCANTILE.
Per Press Association. —Copyright. London, November 25. After paying debenture interest and adding £58,000 to tlio reserve, the New Zealand Loan and Mercantile Agency Company's report shows a credit balance of £05(53. A dividend of 5 per cent lias been declared, and £lB3 carried forward. The directors report that a number of properties realised above the valuation of 1807. It is proposed to transfer £IOO,OOO of the surplus to _ the capital reserve account. The directors announce that the trustees agree to a continuance of tlio Now Zealand Laud Association as a separate company.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 9011, 26 November 1907, Page 2
Word Count
96LOAN AND MERCANTILE. Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 9011, 26 November 1907, Page 2
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