NATIONAL BANK
PAYMENT OF HALF-YEAR DIVIDEND. The general manager of the National Bank of New Zealand, Ltd., announces payment on July 16 of a final dividend for the half-year ended March 31. 1940, at the rate of 5 per cent per annum less United Kingdom income tax of 4s 11 Id in the £. The above 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 at date of dividend. An interim dividend at the rate of 3 per cent per annum, less United Kingdom income tax, was paid in January last. The Bank shows ils capital and reserves as under: —Subscribed capital. £G.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, and in addition there are undiv: ded profits carried forward of £115.303.
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Wairarapa Times-Age, 15 July 1940, Page 2
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156NATIONAL BANK Wairarapa Times-Age, 15 July 1940, Page 2
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