LOAN AND MERCANTILE.
LAST YEAR'S PROFIT. I SHARP FALL RECORDED. ! (Received 1.50 p.m.) LONDON, December 1. Profits earned by the New Zealand Loan and Mercantile Agcncy for the year ended .June 30 totalled £82,365. The balancc from last year was .£39,762. Dividends in' 5 per cent on the preference and per cent on the ordinary shares ■ is being paid, and the balance to be carI rietl forward is £47,127. I Last year's net profits were £136,012, 1 i-ompared with £88.262 in 1935-36. A dividend on ordinary shares of 2V4 per. cent ! "us paid, in addition to the usual preference dividend.
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Bibliographic details
Auckland Star, Volume LXIX, Issue 285, 2 December 1938, Page 6
Word Count
100LOAN AND MERCANTILE. Auckland Star, Volume LXIX, Issue 285, 2 December 1938, Page 6
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