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THE BANK OF NEW ZEALAND.

Hanaome Dividend,

[by telegraph.]

Auckland, Oct. 22,

The Bank of New Zealand’s half-yearly meeting was held to-day. The report states the net profits to 30th Sept,, after full appropriations for all debts, bad or doubtful, and the usual reduction for bank premises and furniture, to be L 76,152 ; balance from the halfyear ending the 31st of March; 1880, L 22,185— making a total available for division of L 98,337. The following appropriation was recommended—dividend of 10 per cent, per annum, L 50,000;

bonus, ss. per share, equal to 5 per cent, per annum, L 25,000 ; balance carried to profit and loss, new account, L 23,337 — L 98,337. _____________

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18801022.2.10

Bibliographic details

THE BANK OF NEW ZEALAND., Ashburton Guardian, Volume 2, Issue 173, 22 October 1880

Word Count
112

THE BANK OF NEW ZEALAND. Ashburton Guardian, Volume 2, Issue 173, 22 October 1880

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