Tappenden Ind. Div. Forecast
Tappenden Industries, Ltd, Auckland motor distributor, has maintained its interim dividend at 5) per cent, payable December 13, ex December 6.
Results to September show an increase in sales of 1.8 per cent on that for the same period last year and directors are confident of a steady total dividend of 12) per cent.
N.Z. Reserves
The net overseas assets of the New Zealand banking system rose so.Bm to $167.7m in the week to October 23, the Reserve Bank announced.
This time last year they were $106.2m.
Business Personal
Mr J. Clement has been appointed general manager for New Zealand of Coats Patons (N.Z.), Ltd, with the head office in Auckland. He was formerly assistant manager.
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Bibliographic details
Press, Volume CVIII, Issue 31832, 9 November 1968, Page 22
Word Count
120Tappenden Ind. Div. Forecast Press, Volume CVIII, Issue 31832, 9 November 1968, Page 22
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