16 JUNE 1928, Page 30

BANK OF NEW ZEALAND RESULTS.

A good financial statement is again made by the Bank of New Zealand, the bumper profits of the previous year of 2863,000 being nearly sustained, while in addition to the usual dividend of 13i per cent., the previous year's bonus of 1 per cent, was repeated. Moreover, a further sum of 2124,175 is added to Reserve, raising that fund to 23,150,000, while the amount carried forward is 2582,525.

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