LOAN & MERCANTILE CO.
BALANCE-SHEET FOR YEAR. PAYMENT OF PREFERENCE dividend. (By Telegraph—Press Association—Copyright) (Received This Day, 11.30 a.m.) LONDON, December 10. The New Zealand Loan and Mercantile Agency Co’s balance-sheet shows a profit of £65,395, before providing for excess profits tax or national defence contributions. The directors recommend the payment of a preference dividend of five per cent for the year. The heavy taxation liability precludes the recommendation of payment of an ordinary dividend.
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Wairarapa Times-Age, 11 December 1942, Page 4
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74LOAN & MERCANTILE CO. Wairarapa Times-Age, 11 December 1942, Page 4
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