BANK OF COMMERCE.
HALF-YEARLY MEETING. By Cable—T*r?»» Association—Copyright Received 30', 10 p.m. Sydney, January 30. At the half-yearly, meeting of the Australian Bank of Commerce the report showed that after paying interest on inscribed deposits there remained a balance of £16,222. A dividend at the rate of 2Vi per cent, per .annum was declared, absorbing £14,850. The balance, £lslO, was carried'forward. The chairman stated that during the half year the bank redeemed notes of its issue to the value of £50,475. The balance remaining was a negligible quantity. The profits of the banking business were considerably in excess of the previous half year, but there had been a, falling-off in returns from station properties. All the New South Wales station properties had been realised at satisfactory prices.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19120131.2.39
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LIV, Issue 182, 31 January 1912, Page 5
Word count
Tapeke kupu
127BANK OF COMMERCE. Taranaki Daily News, Volume LIV, Issue 182, 31 January 1912, 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