Loan and Mercantile Company.
O (Per Press Association) London, Nov. 26. The annual report of the New Zealand Loan and Mercantile Agency Company Bbows that the earnings for the year wern L 195.193, and the debit balance L 34.063. Thera had, it shows, been losses on stock and bad debts. Tbe new bnsiness had provided profits but it would be necessary to provide largely beyond the indication of last year before the book yalue of the assets reached the approximate real value. The report mentions that the call had produced L 574.553, and that the revenue from produce was increasing.
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Bibliographic details
Feilding Star, Volume XVIII, Issue 127, 27 November 1896, Page 2
Word Count
100Loan and Mercantile Company. Feilding Star, Volume XVIII, Issue 127, 27 November 1896, Page 2
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