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Thames Advertiser, Volume VII, Issue 1907, 1 December 1874, Page 3

The following should speak well for the salu-i brity of the climate of OtagoAt East Taieri last week the family o£ Mrs John Allen, sen.,* met under that'lady's roof.' The family com«. pricing children, grandchildren, and one great grandchild, to the number of seventy-two in all, sat down to dinner, and in the evening were met by their friends."

At a meeting «f the National Bank,, the balance-sheet' for the first year's' operations was presented. The business of the Bank of " Otago in the colony was taken over on July 1, 1873, and- the , balance-sheet embraces • tli9 result of only nine months working carried on at thirteen offices. Of other branches, six have been in operation for an average period of tea months, the remaining eleven for four : months. The latter have hitherto been only a source of expense. Notwithstanding these disidvatitages, the progress in general business has been coii< sideiaMe and, remunerative, and will for the heavy charges of the concern in course development. Tho gros3 profits,.'including ' £1,102 brought from last year, and after deducting, interest, and making provision ?for bad and- doubtless debts, amount to £45/568.' ; j From this the current charges, and a propor«. Ition of preliminary expenses hive to be dQ,\ s I duQteJ, leAvii'g £1,065 carrid forward..