BANK OF NEW SOUTH WALES.
DIVIDEND OF 10 PER CENT,
“SPARE AIONEY FREELY USED FOR INVESTMENT. ’ ’
United Press Association—Copyright (Received Nov. 26, 10.50 p.m.) SYDNEY, Nov. 26. At a meeting of the Bank of New South AVales shareholders, it was reported that the net profits for the Half-year totalled £142,966, which was to bo added to the £29,314 from the previous half-year. A dividend of ten per centum per annum was declared, £30,000 was added to the reserve fund, and £31,640 carried forward.
.The president said that the indications throughout the Bank’s business were that spare money was being more freely used for investment than had been the case for some years.
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Gisborne Times, Volume XXV, Issue 2048, 27 November 1907, Page 2
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112BANK OF NEW SOUTH WALES. Gisborne Times, Volume XXV, Issue 2048, 27 November 1907, Page 2
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