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AN ESTIMATE.

AJ.! -lUXliUiliUi APPBOXIMAT_S ESTIMATE OP ADDITIONAL BARKING POWER OP THE BANK UNDEE THE AMENDED PBOPOBALB SUBMITTED. Value of inscription business in London per annum, -814,000 ; £1,000,000 "A" stock, now earning 8 per cent, if invested in the general business of the bank, calculated to earn 4| percent, .£1 6,000; net profits of another bank, £45,000. s»y -830,000; 3£ per cent on £1,850,000, now earning nothing, £64,750; savini* in administration, £15,000 j total, £138,750. There will he a farther addition earned on the amount paid up from tho fhtrehold-ars, which will increase as the calls are paid. In addition to this there will be a saving to the Estates Company of li per cent per annum en £1,500,000. W. Watson, President.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18950829.2.28

Bibliographic details

Star (Christchurch), Issue 5349, 29 August 1895, Page 3

Word Count
122

AN ESTIMATE. Star (Christchurch), Issue 5349, 29 August 1895, Page 3

AN ESTIMATE. Star (Christchurch), Issue 5349, 29 August 1895, Page 3