BANK OF NEW ZEALAND.
(PER PBESS ASSOCIATION London, February 25. At a meeting of Bank of New Zealand shareholders, the Hon S. C. Glynn said that a profit had been realised sufficient to pay a dividend of 6 per cent., bub it had been thought better to carry the whole amount forward to next year. It had been decided not to appoint a permanent local board in Auckland. Most distinct signs of public confidence had been shown in the Bank, especially by the increase of deposits. Auckland, February 26. The local Directors of the Bank of New Zealand have received the following telegram from London to-day respecting the meeting of sharelialders : —“ Meeting of shareholders to-day, very satisfactory. Directors’ policy unanimously^approved.' 1 Sydney, February 26. Mr Holmes, the newly - appointed General Manager of the Bank of New Zealand, is a passenger by the Wairarapa. '
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Bibliographic details
New Zealand Mail, Issue 992, 6 March 1891, Page 29
Word Count
143BANK OF NEW ZEALAND. New Zealand Mail, Issue 992, 6 March 1891, Page 29
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