SYDNEY BANKS.
Received July 20, 11.30 p.m
Sydney, July 20»
At the half-yearly meeting of the City Bank the report showed the profits to be £6650, which, added to the balance of £1438 from last half, would provide a dividend of two and a half per centum, which was declared, and £1000 was added to the reserve, and £1500 was carried forward. 3
Tbe Commercial Banking Company of Sydney shows profits of £87,877, and a dividend of 10 per centum has been declared, £15,000 transferred to reserve andj£22,B77 carried forward. Both reports indicated increased business and improving outlook.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TC19060721.2.14.12
Bibliographic details
Colonist, Volume XLVIII, Issue 44685, 21 July 1906, Page 3
Word Count
98SYDNEY BANKS. Colonist, Volume XLVIII, Issue 44685, 21 July 1906, Page 3
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