BANK MEETINGS.
«AN IMPROVING OUTLOOK. By Telegraph.—Press Association.—Copyright. (Received July 20, 11.23 p.m.) Sydney, July 20. %■ The half-yearly meeting of the City Bank was held .to-day. : The profits were stated at £6065, which is added to the balance of £1438 from last , half-year. A dividend' of 2g per centum was declared; and £1000 added to the reserve, and £1500 carried forward. , ( ... The Commercial Banking Company of Sydney held its meeting to-day. i Profits were reported at £87,877. A dividend of 10 per centum was declared, and £15,000 was transferred to reserve, and £22,877 was carried forward. t .-'■: ;.'..■;..•■ Both reports indicated increased business, and an improving outlook. -
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Bibliographic details
New Zealand Herald, Volume XLIII, Issue 13235, 21 July 1906, Page 5
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106BANK MEETINGS. New Zealand Herald, Volume XLIII, Issue 13235, 21 July 1906, Page 5
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