BANK OF AUSTRALASIA
INCREASED NET PROFIT Accounts of the Bank of Australasia show a net profit* of £300,962 for the year ended October 15, compared with £273,857 the previous year. A dividend of 8 per cent, (interim 3s 61 sterling a share, less British income tax of 4s 9d in the £; final 4s 6d sterling a share, less British income tax of 3s 2?d in the £) requires £289,899. The general reserve remains at £2,475,400 and the currency reserve at £200,000. With £182,266 brought forward, there is carried forward £193,329.
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Bibliographic details
Wanganui Chronicle, Volume 80, Issue 58, 10 March 1937, Page 11
Word Count
89BANK OF AUSTRALASIA Wanganui Chronicle, Volume 80, Issue 58, 10 March 1937, Page 11
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