6 JULY 1934, Page 36

AUSTRALIAN BANKING RESULTS.

The latest profit statement of the National Bank of Austra- lasia shows that the net profits amounted to £274,028 against £291,944 for the previous year. A further Dividend is announced, making 5 per cent. for the year, being the same as for the previous period. The balance-sheet is a good one showing an increase of over £2,500,000 in Deposits, while the moderate rise in Advances doubtless indicates an increase in commercial activities in Australia.