NATIONAL BANK OF N.Z.
FINAL DIVIDEND FOR HALF YEAR. The general manager of the National Bank of New Zealand Ltd., an " nounces payment on July 22 of a final dividend for the half-year ended March 31, 1941, at the rate of 4 per cent per annum free of United Kingdom income tax. 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 cun ent 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 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, and in addition there are undivided profits carried forward of £115,849.
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Wairarapa Times-Age, 21 July 1941, Page 8
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155NATIONAL BANK OF N.Z. Wairarapa Times-Age, 21 July 1941, Page 8
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