QUILL MORRIS (1936), LTD.

Dominion, Volume 33, Issue 118, 12 February 1940, Page 12

QUILL MORRIS (1936), LTD.

Increase Shown In Net Profit Dominion Special Service. CHRISTCHURCH, February 19. The accounts of Quill Morris (1J36), Ltd., for the year ended January 31, show a net profit, after making full provision for taxation, of £4323/10/-. This compares with £3235/12/7 in 1939, and £3242 in 1938. i The dividend recommendation is unchanged at 5 per cent., and after transfer of £3OOO to general reserve, which will then stand at £lO,OOO, the carry-forward is £599/10/-, compared with £641/6/10 last year, when only £2OOO was transferred to reserve. The directors’ report mentions that sales of wines and spirits and factory products constituted a further record.

GRAIN AND PRODUCE Canterbury Markets (By Telegraph—Press Association.) CHRISTCHURCH, February 10. There is little market activity in any line except for wheat, in the Canterbury grain, seed and produce markets. Wheat continues to come forward freely. A few dun oats, for which merchants’ quotations are unchanged at 4/3 to 4/9. have been offered, but not many samples of Gartons are reported. Nearly all cocksfoot so far submitted has been poor, and it looks _ as, though growers may have difficulty in disposing of lightweight seed this season. Merchants are still offering up to 5/6 and higher for best samples of Italian ryegrass and from 5/- to 5/6'for perennial, but many growers seem content to withhold supplies in the meantime. White clover is unchanged at 1/- to 1/6. The potato market remains inactive with merchants still offering £3/10/- per ton. Growers are disinclined to break £4. Sydney Stock Exchange By Telegraph—Press Assn—Copyright. SYDNEY, February 10. Sales on the Sydney Stock Exchange to-

Prices Of Metals ' By Telegraph—Press Assn.—Copyright. ! LONDON, February 9. Prices of metals are: — Tin, spot, buyers £238/10/-, sellers £239 a ton; forward, buyers £238/10/-, sellers £238/15/-. Copper, lead, and spelter are unchanged. Pig-iron is quoted at 111/- a ton (same). Antimony.—British. £lOO to £lO2 a ton (same) ; foreign. £BO to £B5, nominal (same). 'Molybdenite.—4s/- to 47/- a , unit, nominal (same). Wolfram. —Chinese, 50/- to (X)/- a unit nominal (same). British Stock Indices By Telegraph—Press Assn.—Copyright. LONDON, February 9. Today’s stock indices compiled by the “Financial Times,” with previous quotations, are (October 15, 1926, equals

Martha Operations The following information has been cabled to the London office of the Martha Gold Mining Co. (Waihi), Ltd.: No. 5 Level, Martiia Lode.—North branch ; Corner south winze. At 150 ft. in 800 ft. west crosscut, sunk 45ft. Assay value to thin depth is 17/- a ton. width of vein about 18in.

day included: — £ s. d. Commercial Banking Co. of Sydney 19 16 0 Tooheyo Ltd 1 S 6 Australian Gas, A 7 10 Associated News 0 16 3 Broken Hill Proprietary ... 2 9 0 Burns Philp 2 13 6 Felt and Textiles 1 19 3 Howard Smith 15 0

1000) :— Govt. Home IndusGold sec’s. Rails, trials. mines. Jan. 22 109.1 48.6 95.4 196.5 Feb. n 109.2 52 95.8 190.4 Feb. 8 108.1 54.1 96.3 190.7 Feb. 9 109.0 55.2 96.5 190.3