NATIONAL BANK.
DIVIDEND OF 13 PER CENT. (By ABsoclation.) WELLBsGTOS, this day. The general manager of tne National Bank has teen advised by cable that the directors have declared a. dividend of 6 per cent for tHt& half-year, and a bonus bi one per cent on paid-up capital (£500,----fcOO), eguellinjj 13 per ceat for the year ending 31 March last. A sum of £20,000 ias been added to the reserve, making it half a millions £5000 -to the reserve for depreciation of investments, and £26,250 carried forward. The directors have further allocated £15,000 in reduction of the bank premises account, and £3000 to the officers' pension fund, and jrranted a ten per cfint bonus to the staff. The annual meeting trill be held in London on -lulv 2nd.
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Bibliographic details
Auckland Star, Volume XLIII, Issue 148, 21 June 1912, Page 6
Word Count
128NATIONAL BANK. Auckland Star, Volume XLIII, Issue 148, 21 June 1912, Page 6
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