A SUCCESSFUL COMPANY.
(Per Press Association. DUNEDIN, August 15. The annual report of the directors of the Standard Fire and Marine Insurance Company of New Zealand states that the income for the year ended June 30th, 1921, amounted to £202,982, and the expenditure to £175,899, leaving a balance of £27,082, to which has been added the balance carried forward from last year, amounting to £6583, making £33,665. From this an interim dividend was paid in March last amounting to £7500, leaving an available balance of £26,165, which the directors have dealt with in the following manner: to appropriation for depreciation of securities, £10,000; guarantee and provident fund, £2OOO. They recommend that the balance be appropriated as follows: pay a dividend for the halfyear ended June 30th, 1921 at the rate of Is 6d per share (£7500) and carry forward to next year £6665.
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https://paperspast.natlib.govt.nz/newspapers/WC19210816.2.35
Bibliographic details
Wanganui Chronicle, Volume LXXVI, Issue 18257, 16 August 1921, Page 6
Word Count
143A SUCCESSFUL COMPANY. Wanganui Chronicle, Volume LXXVI, Issue 18257, 16 August 1921, Page 6
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