N.Z. LOAN AND MERCANTILE
23 p.c. Fall In Profit (N.Z. Press Assn.—Copyright) MELBOURNE, Sept. 20. New Zealand Loan and Mercantile Agency Company. Ltd., woolbrokers and stock and station agents (currently merging with Dalgety and Company. Ltd.) is maintaining its ordinary dividend at last year’s higher 14 per cent, rate, in spite of lower earnings in the year to June. Group earnings, before tax. fell from last year’s level of £916,594 to £702,531. a drop of 23.4 per cent.
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Bibliographic details
Press, Volume C, Issue 29624, 21 September 1961, Page 19
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78N.Z. LOAN AND MERCANTILE Press, Volume C, Issue 29624, 21 September 1961, Page 19
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