REGINALD G. KAIN LTD.
Dividend, 5 Per Cent. The first accounts of Reginald Cr. Kain and Company, Limited, Wellington, wholesale textile manufacturers, show a net profit of £2128 for the six months ended January 31, after allowing for income tax, depreciation, and contingencies. The directors recommend a dividend at the rate of GJ per cent, per annum on preference shares aud 5 per cent, per annum on ordinary shares. This absorbs £1621 and £507 is carried forward, '[’ho company was incorporated in July. 1936, with a subscribed capital of £75.000. Mort’s Dock Dividend Higher Mort's 1 >uck and Engineering Co., Ltd., Sydney, recommends a payment of a dividend of 4 per cent, for the year ended June 30, payable in August. Last year 3 per cent, was paid ; none in 1935. Bulolo Gold Production Bulolo Gold Dredging. Ltd., has issued the following report:—For month of June the total gross production amounted to 13j876 ounces of bullion containing 9627 ounces of line gold from 780,000 cubic yards. Estimated working profit, 6243 ounces of tine gold. The above production is equivalent to £84,236/5/-, and weeing profit to £54,626/5/-, on the basis of £B/15/- (Australian) per fine ounce o£ gold
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Bibliographic details
Dominion, Volume 30, Issue 256, 26 July 1937, Page 14
Word Count
197REGINALD G. KAIN LTD. Dominion, Volume 30, Issue 256, 26 July 1937, Page 14
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