LOAN AND MERCANTILE COMPANY
The New Zealand Loan and Mercantile Agency Co., Ltd., has Teoeived a■ cablegram from its' London office intimating that the company will hold its annual meeting in London on 19th instant. After bringing into account the balance of general revenue account, £96,134 Os lid, and making appropriations to general reserve account;' premises account, and dividend i. equalisation account, the amount available in revenue account for the year ended 30th June,. 1918, is £174,722 18s 2d. The directors -recommend a furtheT addition to dividend equalisation account, making the total of this «ooount £100,000, also contribution to staff" benevolent fund, payment of filial dividend of 2i per cent, on the preference stocky^ and ai final dividend of 3i per cent, 'plus 2 pet cent, bonus, making 8 per cent, for the year, on, the ordinary stock, both less English income tax, le»vin«_£24,los 12s 6d to '.be carried forward. The reserve fund now stands at' £550,000.' ■'
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https://paperspast.natlib.govt.nz/newspapers/EP19181210.2.114.3
Bibliographic details
Evening Post, Volume XCVI, Issue 140, 10 December 1918, Page 8
Word Count
157LOAN AND MERCANTILE COMPANY Evening Post, Volume XCVI, Issue 140, 10 December 1918, Page 8
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