BANK OF NEW SOUTH WALES
A PROSPEROUS POSITION. By Cable.—Press Association.—Copyright. •Received 26, 10.5 p.m. Sydney, May 20. At the annual meeting of the Bank of New South Wales, the profits were shown to be £204,373 to which had to be added £57,342 from last year. A dividend at the rate of 10 per cent, was declared, and the sum of £53,265 was placed to the reserve and £62,113 carried forward. The new capital paid up amounted to £186,940, making a capital of £2,913,820. The chairman stated that the deposits, especially fixed deposits, were still on the increase owing to the general prosperity, and there was an accumulation of money awaiting investment. Bills discounted and loans and advances should increase by £2,400,000. These would be well spread throughout Australia and New Zealand.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19110527.2.37
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LIII, Issue 312, 27 May 1911, Page 5
Word count
Tapeke kupu
132BANK OF NEW SOUTH WALES Taranaki Daily News, Volume LIII, Issue 312, 27 May 1911, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in