GENERAL TELEGRAMS.
THE LOAN & MERCANTILE. By Telegraph—Press Association. Wellington, Last Night. The New Zealand Loan & Mercantile Agency Company, Ltd., will hold its annual meeting in London on the 12th inst. After writing off bad debts and customary replacements, also a special sum of £20,000 off the premises, and providing a further £SOOO towards the staff benevolent fund and carrying an additional £IIO,OOO to reserve, making a total reserve of £720,000, the directors recommend a dividend of V/ s per cent, on paid-up capital, and an extra 2% per tout, interest on third debentures, making on the latter a total of 7 per cent, for the year.
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Taranaki Daily News, Volume LV, Issue 169, 4 December 1912, Page 5
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106GENERAL TELEGRAMS. Taranaki Daily News, Volume LV, Issue 169, 4 December 1912, Page 5
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