NEW ZEALAND INSURANCE COMPANY.
* » By Telegraph.—Press Association. r Auckland, January 8. 3 The New Zealand Insurance Company’s » annual balance-sheet to the 30th Noveml her, 1897, baa been circulated. The net c revenue is ,£302,475 18s 7d, as near as I possible what it was last year, but heavy t losses, including the Melbourne disaster, on the'eve of closing the books reduced the 3 profit considerably. Still, after paying an a interim dividend of 2s 6d per share in July last, there is a credit balance of .£12,733 19s 2d, from which the directors recommend the payment of a further dividend of 2s per share, absorbing •610,000, leaving .£2733 19s 2d to be carried forward to the new account. B ~
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Bibliographic details
New Zealand Times, Volume LXVII, Issue 3328, 10 January 1898, Page 4
Word Count
119NEW ZEALAND INSURANCE COMPANY. New Zealand Times, Volume LXVII, Issue 3328, 10 January 1898, Page 4
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