LOAN AND MERCANTILE YEAR
NET PROFIT OF £176,098 (Australian and N.Z. Press Association) Reed. 9.5 a.m. LONDON, Thursday. The New Zealand Loan and Mercantile Agency Company, Ltd., made a net profit of £176,098 for the year, making divisible a sum of £223,696. £IO,OOO goes to the staff benevolent fund and £51,196 is carried forward. The net profit for 1927 was £138,991. after transferring £IO,OOO to the staff benevolent fund and writing £IO,OOO off ; 1 premises.
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Bibliographic details
Sun (Auckland), Volume II, Issue 519, 23 November 1928, Page 12
Word Count
75LOAN AND MERCANTILE YEAR Sun (Auckland), Volume II, Issue 519, 23 November 1928, Page 12
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