COMPANY AFFAIRS.

Auckland Star, Volume LXVIII, Issue 291, 8 December 1937, Page 4

COMPANY AFFAIRS.

ORIENT STEAM RESULTS. PROFITS £3.-. 1.011 FOR YEAR. (Received 9.:: on.m.) LONDON. December 7. The operatintr profit. togolher with th• • invi st men t inc-oni" or the Orient Steam 1 Navigation (ompaiiy for t lie \car just : ended .mounted to £351,011. In addition a surplus of £9450 was realise 1 on the sale of invcstm-'iits. 'I'lie directors pi opi>s<> to transfer £175.(MU from ri.-i .1! : reserve. Depreciation will t <k" £211.921. 1 and sooiial cxpcndit ore £ Khi.olo. leavi:i" c 129.925. together with L' 40.401 brought' forward, available for dwtrilnit inn. It is ri-comnHMidcd that an ordinary dividend ' of 5 per rent he paid. requiring £ 134.301. J Tliis leaves a balance of £30,082 to lie' carried forward. COLONIAL SUGAR COMPANY. The flirectors of the Colonial Sugar Refining Company, Limited, have declared that, subject to endorsement by the Com-' missioner. the proportions of the divi-I (lends paid during the year ended June I 30. 1937. which will be liable to Federal income tax are 50.9 per cent for resident shareholders and 43.1 per cent for nonresidents. WOOLWORTHS (VIC.), LTD. 00l wort lis !\ atonal. Limited, earned a net profit of £10.426 ior tho yea r ended September .10. after deducting all work ina expenses and providing for deprer-ia t ion and taxation. against £15.37(i in the previous year. The directors recommend a dividend of 10 per cent for the year on the ordinary share capital. absorbing £0000. and 7 per cent on preference shares, requiring £5000. NEW BROKEN HILL SHARES. Tile Stock I'A hniiire of Melbourne lias advised the New Zealand Stock Fxehan-.. Association that it has decided to alhnv the new Broken Hi!! I'roprietarv shares to be quoted on the basis that the buyer cannot, enforce delivery • prior to .T.anuary <>. Ihe company hopes to be in a position to issue provisional certificates before the Christmas vacation. SUEZ CANAL DIVIDEND. (Received 9.3(1 a.m.) LONDON. December 7. The Suez Canal int-rim dividend is 263.03 francs, making a total dividend of 300 francs. REGISTRATIONS. The following private companies have been registered in Auckland: — B and S Land-boats. Limited, caravan trailer manufacturers. Capital. £2000 in £1 shares. Subscribers: L. 11. Squire and *T. R. Raird, 1000 shares each. Sel Person. Limited, motor evelo dealers. Capital. £1000 in £1 shares. Subscribers: S. A. Person, 999 shares; His. L. Person. 1. Hill Haydon and Company. Limited, general merchants and warehousemen. ! Capital. £525 in £1 shares. Subscribers: I A. If. Clmrton. A. Haydon and .Mrs. D. i M. Fastley. 175 shares each. i Starrett Construction Company. Ltd..: builders and contractors. Capital. £300 i in £1 shares. Subscribers: W. R. Bud"e. \ 200 shares: IT. M. farm titers, 100. •T. Kelsey. T.imitcd. designers and manufacturers of casements, windows, shop ami office fittinirs. joiners, ironfoumlers and engineers. Capital. £1000. in fi sharps Subscribers : J. Kelsey and Ethel .May Kelsey, .->OO shares each.