ANGLO-COLONIAL NOTES.

New Zealand Herald, Volume XLIII, Issue 13170, 7 May 1906, Page 6

ANGLO-COLONIAL NOTES.

[FROM OUR OWN" correspondent.]

London, March 30. The directors of the New Zealand Shipping Company have declared an interim dividend for the half-year ended December 31, 1905, at the rate of 5 per cent, per annum. It is announced by the directors of the Consolidated Goldtields of iSew Zealand that a dividend of Is per share has been declared by the Progress Mines of New Zealand, Limited. The writer of the mercantile memos, in the Financial Times says:—"ln connection with the coining Now Zealand International Exhibition, to ho opened in November, the colony is expecting at least 2,000,000 (?) visitors." Tn answer to a question put by Sir Charles Dilke in the House of Commons, Mr. Winston Churchill (Under-Secretary for the Colonies) said that inula expended £814,329 on Iter military fortes: Australia, £659,431 on military and naval purposes; New Zealand, £235.211 the Cape of Good Hope, £229.786; and Natal. £341,016. To Imperial military and naval purposes, Canada contributed £22.600; Australia, £196,226; New Zealand, £40,742 the Cape of Good Hope, £50,000: and Natal, £iM,628. Yesterday the 72nd annual general meeting of the shareholders of the Bank of Australasia was held at the bank's offices, Threadneedle-street, Mr. W. A. McArthur, M.P., in the chair. In moving the adoption of the report,' the chairman gave a glowing account of the Bank's prosperity, and of the good business done in Australia and New Zealand. A dividend of 12 per cent, was declared, and sums of £30,000 and £11,000 were voted to the reserve fund and . bank premises' fund respectively, '#17,555 bejng carried forward.