[Lombard Street: A Description of the Money Market by Walter Bagehot]@TWC D-Link book
Lombard Street: A Description of the Money Market

CHAPTER XIII
25/35

11d.; and after providing for a dividend at the rate of 6 L.
10s.

per cent, the rest will stand at 3,035,838 L..

18s.11d.

The court of directors, therefore, propose that a half-yearly dividend of interest and profits, to the amount of 6 L.10s.per cent, without deduction on account of income tax, shall be made on the 10th of October next.

That is the proposal I have now to lay before the general court; but as important events have occurred since we last met, I think it right I should briefly advert to them upon this occasion.


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