QUOTES

Press, Volume CVI, Issue 31206, 2 November 1966, Page 21

QUOTES

Taranaki Brew. Result Up (N.Z. Press Association* WELLINGTON, October 31. Taranaki Brewery, Ltd, New Plymouth, earned a net profit of £51,955 in the year ended August 31, according to a pre-audit statement. This represents a rise of £10,265, or 24.6 per cent, over the net result of £41,690 the year before, which was a peak for the company. An unchanged 9 per cent ordinary dividend is recommended, ex dividend on November 14. Planet To Drill Gold Field Soon (N.Z. Press Assn.—Copyright) SYDNEY, Oct. 31. The Planet Oil Company announced today that arrangements were being made to drill the first hole on the Ballarat East gold field at Black Hill on the northern end of the field. Drilling is expected to start in December. A target depth of 1500 feet is planned, with a possible extension to 5000 feet. Pye Electronics.—The directors of Pye Electronics, Ltd, Auckland, have declared an interim dividend of 4 per cent to September 30, payable on November 30. Ex dividend November 21.

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