Bank of N. S. W.
By Electric Telegraph— Copyright. Per United Press Association. SYDNEY, Nov; 25. At the half-yearly meeting of the Bank of N.S. Wales the net profits were reported to bo £120,435. A dividend ot 10 per cent, was declared, and .U20.000 added to the reserve, which now amounts to £1,370,000.. The President referred to the increased prices of products aud the improved outlook for pastoralists and agriculturists throughtout Lho Commonwealth, The present prospects were that there would be a moderately good harvest ; business, otherwise, however, did not show much sign ot improvement. Dull trade was generally complained of and business was very quiet. The report was adopted. Sir Norman MacLaurir was re-elected, and Mr H. M. Faithful was elected a director in place of Mi Mackellar, resigned.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19041126.2.68
Bibliographic details
Southland Times, Issue 19471, 26 November 1904, Page 4
Word Count
130Bank of N. S. W. Southland Times, Issue 19471, 26 November 1904, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in