BANK OF AUSTRALIA
A PROFITABLE YEAH, Press Association—By Telegraph—Copyright LONDON, April 18. Tho report of tho Bank of Australia shows the profits for tho year to bo £124,647. A dividend of 7 per cent. wa« declared on tho preference shares and of 5 per cent, on tho ordinary shares; £40,000 was added to tho reserve, £2000 to tho provident fund, and £25,042 carried forward. April 19. (Received April 19, at 9.40 p.m.) The balance sheet shown transferable deposits amounting to £502,159; other deposits, £4,862.202; cash investments, £2,233,911; bills, £4,374,023.
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Bibliographic details
Otago Daily Times, Issue 15433, 20 April 1912, Page 10
Word Count
89BANK OF AUSTRALIA Otago Daily Times, Issue 15433, 20 April 1912, Page 10
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