NATIONAL BANK.
RESULTS OF YEAR'S BUSINESS
b* TELEGRAPH—VttKSR ASSOCIATION
WELLINGTON, June 21. The general manager of the National Bank has been advised by cable that the directors have declared a dividend of 6 per cent, for the half year and a bonus of 1 per cent, on the paid-up capital (£50,000). equalling 13 per cent, for the year ending March 31 last. A sum of £20,000 has been added to the reserve, maldng it half a million; £5000 to reserve for depreciation of investments; and £26,250 has been carried forward. The directors have further allocated £15,000 in reduction of the bank premises account and £3000 to officers 1 pension fund; and have granted a 10 per cent, bonus to the staff.
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https://paperspast.natlib.govt.nz/newspapers/HNS19120621.2.61
Bibliographic details
Hawera & Normanby Star, Volume LXXI, Issue LXVIII, 21 June 1912, Page 7
Word Count
121NATIONAL BANK. Hawera & Normanby Star, Volume LXXI, Issue LXVIII, 21 June 1912, Page 7
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