COMMERCIAL.
NEW SOUTH WALES LOAN
“ACUTE CONGESTION.”
[By Electric Telegraph—Copyright] [United Press Association. { (Received 10.30 a m.) London, January 7.
The Daily Mail says there was a poor response to the New South Wales loan, which indicates that acute congestion still exists. Of the new issue hi the market, of five issues aggregating eleven million during the past month, the public only subscribed £->~ 640,000. THE UNION BANK. (Received 10.13 a.in.) London, January (.
The Union Bank has declared a dividend of ten per cent, per annum, with a bonus of two per cent for the half year,‘making a total rate of 14 per cent, for the year. The Bank appropriated £IB,OOO to meet interest on instalments of new shares, added £30,000 to reserve, and carried forward £44,000.
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https://paperspast.natlib.govt.nz/newspapers/STEP19140108.2.53
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Stratford Evening Post, Volume XXXVIII, Issue 7, 8 January 1914, Page 6
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126COMMERCIAL. Stratford Evening Post, Volume XXXVIII, Issue 7, 8 January 1914, Page 6
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