Late Commercial CHRISTCHURCH GAS COMPANY

Dominion, Volume 32, Issue 104, 26 January 1939, Page 13

Late Commercial CHRISTCHURCH GAS COMPANY

Dominion Special Service. . CHRISTCHURCH, January 25. _ A net profit of £24,845, against £27,785 in the previous year, is shown in the accounts of the Christchurch Gas, Coal and Coke Co., Ltd., for the year ended December 31, 1038. The dividend, as announced earlier, is maintained at 7 per cent., and requires £25,250. Taxation provision has been increased by £5352, and the carry forward is £4738, against £8420 brought in. The balance-ebeet shows tin increase of £22.000 iu investments and a reduction of £ll.OOO in bank deposits. CHRISTCHURCH STOCK EXCHANGE By Telegraph—Press Association. CHRISTCHURCH, January 25. Sales on ’Change: New Zealand Breweries, 4'l/. (2) ; Australian Glass, £5/8/-, £5/7/0; Dunlop Rubber, 21/-, 20/11, 20/10; Electrolytic Zinc (pref. cunt, div.), 50/-; New Zealand Government 4J per cent, stock (1055). £B7/10/-; Woolworths (Syd., ord.), 21/10 (3) Mount Morgan, 10/2; Maori Gully, Old.; Colonial Sugar, £47/10/-; New Zealand Farmers’ Co-op. (4-J per cent, stock, 1955), £B7/10/-. Sales reported: New Zealand Government 4 per cent, inscribed (1946), £9B 15/-; New Zealand Government 4 per cent. Bonds (1949), late sale yesterday, £99; New Zealand Government 4 per cent. Bonds (1955), late sale yesterday, £99; Commercial Bank of Australia (entn. div.), 16/-; Commercial! Bank of Sydney (cum. div.), £2l (2) ; National Bank of Australia (£5 paid), £6/17/-; Colonial Sugar, £47/10/-;. G. J. Coles (cum. div.), 81/6; National Electric, late sale yesterday, 13/10 (2). Unlisted sales reported: Blackball Creek, late sale yesterday. 1/01.