LOAN AND MERCANTILE.
- ■ • London, Nov. 26. Tho annual report of the New Zealand Loan and Mercantile Agenoy Company showa thac the earnings for the year were £195,193 and the debit balance £34,063. There had, it shows, been losses on stocks and bad debts. • The new business had produced profits, but it would be necessary to provide largely beyond the indication of last year before the book value of assets reach the approximate real value. It is mentioned that tho call had produced £574,583, and that tho revenue from produce was increasing.
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Bibliographic details
Poverty Bay Herald, Volume XXIII, Issue 7788, 27 November 1896, Page 2
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91LOAN AND MERCANTILE. Poverty Bay Herald, Volume XXIII, Issue 7788, 27 November 1896, Page 2
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