THE BANK OF NEW SOUTH WALES.
.(Received 10.15 a.m.) SYDNEY, Wednesday. At the half-yearly meeting of the Bank of New South Wales the net profits show £167,928, -with £33,988 brought forward, making a total of £201,916 A dividend of 10 i*er cent, was declared, and £40,000 was added to the reserve, and £36,916 carried forward. The Chairman stated that during the year had increased £1,915,000. There had been a reasonable demand ior money for development purposesin New South Wales and Queensland^ In New Zealand business was also very, active. The drop in the prices of Australian products had been arrested, and the outlook was distinctly more encouraging.
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Nelson Evening Mail, Volume XLII, Issue XLII, 25 November 1908, Page 3
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107THE BANK OF NEW SOUTH WALES. Nelson Evening Mail, Volume XLII, Issue XLII, 25 November 1908, Page 3
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