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NEW COMPANIES.

TWO THIS WEEK. The following new private companies have been registered at Auckland this week, making the total to date for.the year, 191: — Hardie Bros., Ltd.,. merchants and .forwarding agents,! Whangarei.;, £0000. Shareholders, Edward Joseph Hardie, 4500; James Hardie, 4500. Regent Clothing Co., Ltd., clothing manufacturers and general warehousemen; capital, £7500. Shareholders, Arthur James Shackell, 3500; Eliza Shackell, 2000; Arthur James Shackell, junr., 500; Adelaide F. Shackell, 500: William E. Williams, 500; Ernest Stansfield, 500.

COMPANY REPORTS.

DALGETY AND CO.. Messrs. Daigety and Co., Ltd., have received cabled advice from their head office, London, that the annual general, meeting will be held on the 12th inst. The board will recommend a final dividend of 3/ per share, making, with the interim dividend, 10 per cent for the year ending June 30, 1920, also a bonus of 7/ per share payable on November 17. Writing down expenses are £75,000, increasing Staff Provident Fund £25,000, and leaving £236,300 to be carried forward. Results Tor the last three years compare as Tollow: — * June Juire June 30, 30, 30, 1923. 1924. 1925. Netprodt 254,162 323,988 361,249 Brought rorward 101,901 116,063 170,051 Available 356,063 440,051 531,300 PreL div., 5 p.c. 25,000 25,000 25,000 Ord. div., 15 p.c. 150,000 — — Ord. div., 17 p.c. — 170,000 170,000 Off premises ... 50,000 50,000 75,000 To staff fund .. 15,000 25,000 25,000 Forward 116,063 170,051 236,300 ABRAHAM AND "WILLIAMS, LTD. Tbe directors of Abraham and Williams, Ltd., report for the year ended September 30, a net prollt, after providing ror land tax and income tax, or £21,451 16/, to which £8243 2/11 brought rorward rrom last year Is added, making a total of £29,694 18/11. o;ut or this sum the haltyear's dividend on preference shares amounting to £2460 12/ was paid on October 1, and the directors recommend that a dividend or 2" per cent for the hair-year be paid on the ordinary shares, which, with 2* per cent paid in' April last, makes the dividend 5 per cent Tor the year, leaving £14,207 14/11 to be carried rorward. Messrs R. S. Abraham, w. d. Hunt, J. T. Martin, and O. Monrad, retiring directors offer themselves for re-election. NEW ZEALAND PAPER MILLS. The directors of the New Zealand Paper Mills authorise the payment or an Interim dividend of 3i per cent ror the nair year. WESTPORT COAL COMPANY. The directors of the Westport Coal Company, Limited,. recommend a dividend ot 1/3 per share, making 10 per cent for the year. They "also propose to distribute <*<"• per share from the insurance,account,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19251106.2.12

Bibliographic details

Auckland Star, Volume LVI, Issue 263, 6 November 1925, Page 4

Word Count
420

NEW COMPANIES. Auckland Star, Volume LVI, Issue 263, 6 November 1925, Page 4

NEW COMPANIES. Auckland Star, Volume LVI, Issue 263, 6 November 1925, Page 4