COX BROS. AND GEORGES

Press, Volume XCIX, Issue 29330, 8 October 1960, Page 11

COX BROS. AND GEORGES

(N.Z. Press Association—Copyright) MELBOURNE, October 7. Cox Brothers (Australia), Ltd., will proceed with its take-over offer of Georges Holdings-in spite of the latest circular, the chairman of Cox Brothers (Sir Frank Richardson) said last night. “We will answer the circular. We will again communicate with Georges ordinary shareholders direct,” he said. Fabers One-for-3.—The issue by Fabers Furnishing Company, Ltd., of two-for-three ordinary £1 shares at a premium of 2s 6d each will be based on holdings on October 11. Applications will close on November 30. Shareholders entitled td two-thirds of a share will receive one share, those entitled to one-third of a share will receive none. New shares will rank for dividend from October I.—(P.A.) f). Jones, Ltd.—Consolidated net profit of David Jones, Ltd., Sydney, rose to £161,989, or 11.2 per cent., to £1,598,492 for the year elided July 31.—(N.Z.P.A.) Myers S.A.—Myer (S.A.), Ltd., final, half-year. 6 p.c. (year 12; unchanged), payable October 28. Henry Berry Finals.—Final, halfyear, ord.,. 5 p.c. (year 8; last year 10); pref.. 2} p.c., payable October 31. Books, October 15. Watties Canneries J. Wattie Canneries, Ltd., recommended dividend 10 per cent, both on old and new shares. New shares rank for fiveeighths of annual dividend payable November 23, ex div. November 11. (P.A.) Taniwha Products.—Final dividend 6d per share, or 2J per cent., payable December 8, making a total dividend for year ended September 30 Is, or 5 per cent. —(PA.) Petrous Tile Company, Ltd.—Recommended dividend 8 per cent., payable November 15, ex div. November 2.—(PA.) Australian Consolidated Industries. —Directors have declared. dividends of 4J per cent, on preference shares for the half-year ending September 30.—N.Z.PA.) Royd Brothers and Kirk (Southland), Ltd.—The company will hold an extraordinary general meeting on October 27 to pass resolutions permitting of a one-for-one scrip issue ex general reserve account. Subject to the passing of such resolutions the directors will recommend in ordinary dividend of 5 per cent, for the year on the increased capital. payable October 27.—(PA.) Cheese Price Up.—The maximum retail prices for Cheddar cheese fixed by order gazetted last night are: Loaf-size cheese, 2s 2Jd per lb; all other cheeses 2s Old per lb. This represents Id increase on the previous maximum prices —(PA.)