THE NATIONAL BANK.
WELLINGTON, Jtme 23. Th* general manager of the National Bank of New Zealand has received a cable message from th« London Board advising the declaration, of a dividend of 5 per cent, foi th« half- j year, and a bonus to the- shareholders of 2 peT j cent, on "the paid-up capital, equalling 12 per cent, in all for the year to 31st March last A sum of £20,000 has been added to the reserve fund, making it £250,000. and £9167 is carried forward. The directors have allotted £10.000 in reduction of bank premise 3, aiid £3500 to the officers', pension fund, and granted a bonus to the staff. The annual meeting is to be held- in London on July 3.
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Bibliographic details
Otago Witness, Issue 2728, 27 June 1906, Page 36
Word Count
124THE NATIONAL BANK. Otago Witness, Issue 2728, 27 June 1906, Page 36
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