COMMERCIAL.
BANK OF NEW ZEALAND. Per Press Association. WELLINGTON, April 27. The Bank' of New Zealand has had another successful year. After transferring a substantial amount to the reserve fund, it is the intention of the Board to recommend to the shareholders at the Annual meeting in June that ni addition to a dividend at the rate of 10 per cent, per annum (o per cent, of which was paid aS an interim dividend in December last), n bonus at the rate of per cent, per annum be given.
Messrs Dalgety and Co. report under date London, April 26tli: —"The list ol arrivals for the third series of wool sales which are fixed to open on 4tli May is closed and all New Zealand wools have arrived in time. The new arivals have amounted to 378,000 bales, of which somo 213,000 bales have been forwarded direct to manufacturers at Home and abroad, leaving (with 18,000 bales carried forward from last series) 178,000 bales available for the sale." j
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Bibliographic details
Timaru Herald, Volume XIIC, Issue 13889, 28 April 1909, Page 6
Word Count
168COMMERCIAL. Timaru Herald, Volume XIIC, Issue 13889, 28 April 1909, Page 6
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