BANK OF NEW SOUTH WALES
HALF YEARLY REPORT.
THE DOMINION OUTLOOK
United Press Association —Copyright
SYDNEY, May 26. The half-yearly report of the Bank of New iSouth Wales shows a net profit of £186,000. A dividend of 10 per centum Avas declared, and £50,000 added to the reserve. The chairman declared that the general outlook was favorable. The Chairman, referring to- New Zeaw" land, said: “A good deal of attention fhad been directed of late to the Dominion, as viewed from the. financial side. There was undoubtedly some tendency to inflation, but the situation has been faced, and our advices from that centre lead to the conclusion that a general policy of care and ecenomy is being adopted both in public and private matters, which, if carried out, cannot fail to restore' the normal conditions.
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Gisborne Times, Volume XXVII, Issue 2512, 27 May 1909, Page 5
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135BANK OF NEW SOUTH WALES Gisborne Times, Volume XXVII, Issue 2512, 27 May 1909, Page 5
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