COMMERCIAL.
! NATIONAL BANK PROFIT. ' (Australian and N.Z. Cable Assn.) - LONDON, July 8. ■ The National Bank of' New Zealand ' shows a ■ profit for the year of £195 754 The directors allocate to the premises account '£20,000, investment depreciation reserve £BOOO, bonus to staff £BSOO. A dividend of 12 per cent, and a bonus of 1 per cent, is recommended. It is proposed to add £15,000 to the reserve fund and P4OOO 1o the pension fund, and to, cqrry forward £42,754. LONDON PRODUCE PRICES. Wheat.— Offerings are plentiful, but buyers are reserved. Chicago Jul> options 220, 210; September, 196, 191. Butter. —Maximum prices are unchanged. Danish is firm at 208s to 2125. . ! South American mutton 93d, lamb lid. Australian and New Zealand unchanged. ' GOOD NEWS FOR FARMERS. SHIPS FOR PRODUCE. CP** P' •fee Aqcnoinffnn WELLINGTON. Julv 9. Advice has been received bv th« Government that ten steamers will bp avn'lible for shipping New Zealand procure for September, and that six are already en the berth for July and A"gmt. . ' The POTrb : np.d carrying capacity or < vessels about a million and a | quarter carcases. I
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Bibliographic details
Timaru Herald, Volume CVI, Issue 16283, 10 July 1917, Page 7
Word Count
182COMMERCIAL. Timaru Herald, Volume CVI, Issue 16283, 10 July 1917, Page 7
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