Bank of New Zealand
Half Yearly Meeting
By Telegraph.—PreH Association, Wellington, this day,
At the Bank ofjJNow Zealand meeting the chairman said tp.at proceeding! wero more or lesa of n forward nature, Tho figures for tho past half-year jvero quite satisfactory, as showing continued improvement, andovorythmgnadboeurunnmgsuioothly. The bank had satisfactorily disposed of a few of tho old assets taken under the heading of the Bank of New Zealand Estate Company's assets, in liquidation, and since dosing the books on 31st March last this account had bcon roducod by 1111,000, the balance at September standing at £82,000. In 1897 this item stood at £580,065, Fiyo thousand forfeited shares had been disposed of by tender at £5 Bs, yielding £IOOO for addition to tho reserve fund. In conseqticnco of tho satisfactory result, tenders had boon invited for three thousand more.
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Waihi Daily Telegraph, Volume IV, Issue 1166, 9 December 1904, Page 3
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138Bank of New Zealand Waihi Daily Telegraph, Volume IV, Issue 1166, 9 December 1904, Page 3
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