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BANKS AND COMPANIES.

Press 4ssoqia(io;i-By Telogrnpli-CnpnisM. ■ LONDON". May 5. (Received May k, at 9.35 a.m.) The minimi report of the London Hank of Australia *1.-mvs a prolit of £116,524. oul of which interest on deposits nbrorlicd £91,335. and a preference dividend lit the rate of SJ. per cent. £14,184, leaving £10,804 to'cam- forward. The transferable deposits at .'Den.-niiw 31 amounted' to 51.912.0C0. other deposits £3,653X00, cash and iuvcstiiienl.! £1,739.000. .'isoounls and advances £4,527,000. ' Tlie repart. n{ the Trust Agency Company of Australasia announced a dividend of 10 per cent. Three thousand pound.; was transferred from the dividend reserve fund and £270 carried forward. (Received May 7, nt 0.11 a.m.) The North lirilis'h end New Zealand Investment Company have rcsulvid 1» li'pnd:ite, owing to the de-line in the rr.Uv ..f interest. "l'!ic ehiunswn aiitifipiites lb\t the cajiital will'be returned to shareliolik-rs with over 20 per cent, bonus.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19010507.2.41

Bibliographic details

Otago Daily Times, Issue 12036, 7 May 1901, Page 5

Word Count
146

BANKS AND COMPANIES. Otago Daily Times, Issue 12036, 7 May 1901, Page 5

BANKS AND COMPANIES. Otago Daily Times, Issue 12036, 7 May 1901, Page 5