BANK OF NEW ZEALAND.
PROFITS FOR YEAR. (by TELEGRAPH—PRESS ASSOCIATION. - ) WELLINGTON, June 13. Ihe Bank of New Zealand balancesheet to. March 31, 1024, shows a profit of £757,000 for the year. It will he remembered that the capital was increased dnrinor the year by £1.200,000, and the ‘profits incresed accordingly. The chief items, as compared with those of 1023, are:— 1924. 1923. £ £
4 per cent, guaranteed stock 529,988 529,988 Government shares 1,500,000 1,125,000 Ordinary shares 3, (XX),000 2,250,000 Net profits 735,831 553,683 Balance from previous year 421,957 430,818 For distribution 1,265,367 759,457 Transfer to reserve 496,546 150,000 Carry forward ... 506,513 421.957
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https://paperspast.natlib.govt.nz/newspapers/HAWST19240614.2.46
Bibliographic details
Hawera Star, Volume XLVIII, 14 June 1924, Page 7
Word Count
101BANK OF NEW ZEALAND. Hawera Star, Volume XLVIII, 14 June 1924, Page 7
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