NATIONAL BANK OF N.Z.
DIVIDEND PAYABLE TOMORROW. The general manager of the National Bank of New Zealand Ltd., announces payment on January 9 of an interim dividend of 14 per cent less United Kingdom income tax at the rate of 4s aid in the £ in respect’of the year ending March 31, 1940. The dividend will be payable in New Zealand at any branch of the National Bank of New Zealand, Ltd., at the rate of exchange for demand drafts on London current on January 9. 1940. . The bank shows its capital and reserves as under: — Subscribed capital £6,000,000 Paid-up capital £2.000.000 Reserve Fund (invested in Government securities) £1.000.000 Currency Reserve (invested in Government securities) £500,000 Reserve liability of shareholders £6,000,000 £9,500,000 In addition there are undivided profits carried forward of £114.131. In the balance sheet, liquid assets stand at £5,339,000 which are equivalent to 36.52 per cent or 7s 3d in the £ of total liabilities to the public and for every £1 of its own funds the bank is holding £4 —lid of the public’s money.
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https://paperspast.natlib.govt.nz/newspapers/WAITA19400108.2.69.3
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Wairarapa Times-Age, 8 January 1940, Page 7
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176NATIONAL BANK OF N.Z. Wairarapa Times-Age, 8 January 1940, Page 7
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