COMPANY NEWS

Press, Volume LXXII, Issue 21903, 2 October 1936, Page 13

COMPANY NEWS

WAIKARI LIME At the first annual meeting, of the Waikari Lime Company, Ltd., the directors reported that there is a considerable and growing interest in the use of agricultural lime, and that the company had had a strenuous time supplying the 'demand. At the same time, alterations and additions were made to the plant to increase the butput, and it was expected that they would enable the company to give prompt delivery of all orders. Mr H. M. Carr, chairman of directors, presided. The balance-sheet showed a net profit of £398 4s 3d, which was allocated as follows: Reserve for taxation £26, write off preliminary expenses £364 16s, balance carried forward £5 Bs. Mr J.R. Cullen, a Darfield shareholder, reported that he had recently visited the works, and expressed satisfaction with the progress that had been made during this, the first year of the company's existence. His remarks were endorsed by other shareholders. Mr Cullen also stated that he was pleased with the quality and extent of the company's lime deposit. Mr J. W. Earl, of Waikari, was elected a director to fill the vacancy on the board, and Messrs Nicholls, North, and Nicholls were re-elected auditors. NORTH BROKEN HILL (PRKSa ABBOCUTIOM TXZAOBAX.) WELLINGTON. October 1. Cabled advice has been received by the Stock Exchange Association of New Zealand that the audit of accounts of North Broken ■ Hill, Ltd., for the year ended June 30, has been completed. It shows that the net profit of the company, after providing for depreciation, taxation, and royalties, amounted to £636.940. [Net profit last year was £390,684.3

FOREIGN EXCHANGES

Cuomo o mou, vnuzxssJ RUGBY Par. ; September 30. ' 'Sept.29. Sept:3|L ’ Paris, £r. to 1 12451 New York, . doL to 1 4.866 455| 454J 1 ' Montreal. i 4543 : ' dol. to £1 4.86S 4551 Brussels, . ; s belgas to £1 35 2957 , 2950 . Geneva, 215l| 1 fr. to £1 25.2215 21.46 , Amsterdam, i fl.to £1 12.107 856 858 - Milan, lire i 1 to £1 92.46 ■mm- • t i Berlin, reichgg‘ r marken to £1 29.43 12.60 Oslo, kr. to £1 18.159 1950 Stockholm, . % ’ kr. to £1 18.159 1559} 1&39|. - Vienna, schgs. ■ | to £1 34585 283 m ; Prague, kr. to £1 16455 119J. = m Helsingfors, 223 marks to £1 19353 223 Madrid, pesetas to £1 255215 " 55 i - Lisbon, esculift 1«1S dos. to £1 mo 110i Athens, drach to £1 375 548 5*7} Bucharest, lei to £1 843.6 — Belgrade, - 'dinars 255215 ' _ * " _ * Rio de Janeiro, pence to , mUreis 4599 4J 4* Buenos Aires, pence to dol. 51 ' — Montevideo, pence to dol. 51 Bombay, pence to rupee 19 I8i m Shanghai. pence to doL • . > 14 Hong Kong, . pence to yen • , 1429-32 1*29-32 Yokohama, pence to yen • 141-64 141-94 Batavia, ' '.7/:* : -;. K : guilders 12.107 —- Warsaw, par zlotys to £1 4356 • "Determined by price of silver.