Bank of New South Wales
United Press Association —Per Electee Telegraph—Copyright. Received 10.55 p.m., November 21st. SYDNEY, November 21.
The half-yearly meeting of the Bank of New South Wales shows the net profit to be £120,463, which with the balance from the last half-year, left £125,743 for distribution. A dividend at the rate of 10 per cent, was declared; and £26,743 was carried forward. The chairman in his speech referred to the heavy fall in the prices of wool, though, he added, there was a growing impression that an upward tendency was to be expected. The gold output of the colonies was well up to the standard.
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Bibliographic details
South Canterbury Times, Issue 2949, 22 November 1900, Page 2
Word Count
107Bank of New South Wales South Canterbury Times, Issue 2949, 22 November 1900, Page 2
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