BANK OF N.S.W
REFERENTE To NEW ZEALAND'S Condition.
Sydney, lla.v 2(1. Tljo liajf-Vt'iuly rc]>ort of tlje Bank of New South Wales shows' a net profit of Clßtl,ooll. A dividend of 10 per eeiit. has been declared, and to0,0(K) added to the reserve fund, lire chairman <lpflared the general outlook to lie iavotlihle.
Tlie chairman, referring to Now Jiyahind, hiiid: "A jjood deal of attention has been directed of lute to the Pflniinion. As viewed fri.in the financial Side, there has undoubted!*- „ome tenileney to inllatiou, hut the situation had l.ceii faced, and our advices from that ei'iitr? lead us to the conclusion that the general policy of cave and economy*' is belli}; adopted in hoth public and private matters, which, if carried out, cannot .fail to restore the normal conditions,'
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https://paperspast.natlib.govt.nz/newspapers/TDN19090527.2.19.13
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Taranaki Daily News, Volume LII, Issue 102, 27 May 1909, Page 2
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130BANK OF N.S.W Taranaki Daily News, Volume LII, Issue 102, 27 May 1909, Page 2
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