JOSEPH NATHAN AND CO.'S YEAR

Evening Post, Volume CXIII, Issue 81, 6 April 1932, Page 12

JOSEPH NATHAN AND CO.'S YEAR

Messes; "Nathan and Co.'s report 'states that the^net'profit declined from £68,066 in 1929-30 to £52,311 in 1930-31, and no "dividend- is to. be paid, on the ordinary shares . (against 10 per cent.); The company's jtrading was. maintained, and has contiiiuect "^6 develop on a broader basis ~o£ *■etinliribdities and proprietary articles; but, with world trading conditions in a state of chaos and-restriction, it was not possible; to. 'earn the' same profit. - The company's losses in the New Zealand earthquake have, been provided for out of the profits for the year, and were, fortunately, less than anticipated. As the company's capital in New Zealand and Australia is principally., in fixed assets,: which form part of'tjie permanent organisation of the business, the directors do not consider it necessary to make provision. for the nominal ■ /unrealised exchange depreciation on such capital. The t6tal liquid capital employed in New Zealand and Australia is normal', and will, continue to be occupied in those countries, but £20,000 would cover the nominal exchange' depreciation on the liquid capital. ' . DALGETY AND CO. (Received 6th April, 10 a.m.) , ' LONDON, ■ sth April. ■Dalgety and. Co.: shares, £6 10s; Dalg'ety and Co.* ' i per cent/Debenture Stocky £62 10s'." ;:' ■ ' "■' '-:~ ■"■•■.■ . '"■ '-"i P. AND O. DEFERRED SHARES. (Received 6th April, 11.10 a.m.) ■ LONDON, sth" April. " Peninsular and Oriental deferred shares, 18s 9d. ' ' " . ."■.-. JAVA EXCHANGE. ' '(Received 6th April, 11 a.m.) BATAVIA,-sth April.' Sterling exchange 9.31 guilders to £1. AUSTRALIAN STOCKS IN NEW YORK. ' ■ • ;. NEW- YORK, 4th April. ' Closiiig prices of Australian 100 dollar bonds are as under, those dated 9th March also.:being shown:— '■ ' . • 28th Mar. 4th April - "-•:•■• Dola. Dols. Commonwealth, 5 ■ p.c.j.1955 58% 59% Commonwealth, 5 p.c., 1957......... 59 60 Commonwealth, 4% p.c, 1950 '54 55 N.5.W.,;--'5 : p.c, '■ ' . . - • 1957 .:........■. .53% 84 '. ■ N.S.'W., 5 p.c, ■ . .1958 ...;'..'..:.. •-, — . 53% ." Queensland, 7 p.c, , • ■ 1941 ...;;:..... -l. : uvz , Queensland, 0 p.c. 1947 — 61% . AMERICAN PRICE OF TIN. NEW YORK, 4th April. Standard tin is quoted at 18.80 cents Per Ib, „,