LONDON BANK OF AUSTRALIA.
PAST YEAR'S OPERATIONS. By Telegraph,—Preen Association.—Copyright London, April 18. The London Bank of Australia's profits for the year were £124,647. A dividend of seven per cent, has been declared on the preference shares and five per cent, on ordinary shares. The sum of £40,000 has been added to tho reserve, £2000 to the provident fund, and £25,042 has been carried forward. The balance-sheet shows transferable deposits, '£802,159; other deposits, £4,862,202; cash investments, £2,233,911: bills, £4,374,023.
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New Zealand Herald, Volume XLIX, Issue 14972, 20 April 1912, Page 5
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79LONDON BANK OF AUSTRALIA. New Zealand Herald, Volume XLIX, Issue 14972, 20 April 1912, Page 5
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