BANK OF NEW SOUTH WALES.
HaLF-YEARLY MEETING. Received November 25, 10.15 a.m. SYDNEY, November 25. At the half-yearly meeting of the Bank of New South Wales the net profits were shown at £167,928. With £33,988 brought forward this made a total of £201,916. A dividend of 10 per cent, was declared, £40,000 was added to reserve and £36,916 carried forward. The chairman stated that during the year advances increased by £1,915,000 There had been a considerable demand for money for development purposes in New South Wales and Queensland. In New Zealand business was also very active. The drop in prices of Australian products had been arrested and the outlook was distincty more encouraging.
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https://paperspast.natlib.govt.nz/newspapers/WAG19081126.2.15.10
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Wairarapa Age, Volume XXXI, Issue 3054, 26 November 1908, Page 5
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113BANK OF NEW SOUTH WALES. Wairarapa Age, Volume XXXI, Issue 3054, 26 November 1908, Page 5
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