COLONIAL SUGAR CO.

Evening Post, Volume CXXV, Issue 115, 18 May 1938, Page 14

COLONIAL SUGAR CO.

INCREASE IN NET PROFIT

i ■ ■' ■ (By, Telegraph—Press Assn.—Copyright.) SYDNEY, May 17. The' Colonial Sugar Refining Company's report for the half-year ended March 31, 1938, announces a dividend of 15s a share for the half-year, equal to 7£ per cent, per annum. This is at an unchanged rate. It will absorb 750 The transfer, of £100,000 to reserve account will raise that item to £950,000 and the carry forward will be increased by £12,141 to £434,974. The output of sugar from the company's Australian mills'was a record. The Fiji crops were ligbter but, nevertheless, satisfactory. The continued dry weather in North Queensland will, it is stated, adversely affect this year s cane harvest. ~, The shareholders' meeting will toe held on May 25.

DREDGING SHARES IN LONDON. (By Telegraph—Press Assn.—Copyright.) (Received May 18, 11.15 a.m.) LONDON, May 17. Share Quotations. —. Clutha River, buyers Is 7Jd, sellers Is lOJd; Molyneux River, buyers Is, sellers Is 3d. (By Telegraph—Press Assn.—Copyright.) (Received May 18, 11.30 a.m.) LONDON, May ,17. Sales of mining shares include:— New Guinea, Is. ' OKARITO GOLD RETURN.

W. A. Mitson and Co., secretaries of the Okarito Five-mile Beach Gold Dredging Co* Ltd., report a wash-up of 240z 16dwt» for'l29 hours* dredging. PRICE OF SILVER. (British Official Wireless.) RUGBY, May 16. Price of Silver.—lß2d per oz; forward, 18 7-16 d per oz. BRITISH WAR LOAN. (British Official Wireless.) (Received May 18, 11.20 a.m.) RUGBY, May 17. The British War Loan, 3J per .cent., is quoted at £101 Is 3d. DOMINION FERTILISER. A net profit of £2r,127 was earned by the Dominion Fertiliser Company, Limited, Dunedih, for the year ended M*rch'-31, against £16,339 in the-pre-vious year. The amount brought m was £1028, and £22,155 is available. A sum of £6000 has been applied to extinguish the establishment account. The increased dividend of 6 per cent, recommended requires. £14,434, leaving £1721 to be carried forward. DIVIDENDS DUE. Alloy Steel—final 3% per cent. May 18 Donaghys Bopo and Twine—final, Is per share May 18 N.Z. Paper Mills—final, 4 per cent., making 7 per cent, per annum . May 19 Tauplrl Coal—ls per share ... May 19 Burns, Phllp—final, ord.. Is per share; con. 3d per share May 19 Dalgety and Co.—interim 3s per share, or 6 per cent, per annum, less British income tax Slay 20 Traders' Finance Corporation —Interim ord. 2% per cent, t half-yearly pref. at 5 3-5 per cent, per annum • May 21 Tul Brewery—interim 5 per cent. . May 21 Argo Gold—ld per share (No. 13) .. May 23 Dunedin Brewery—final, 4 per cent., making 7Va per cent, per annum May 24 P. and 0. Deferred—interim, 2% per cent. • May 24 I Bank N of New South Wales—quarterly at 6 per cent, per annum . May 26 Equitable Building and Investmentfinal 2 per cent., making 4 4-5 per cent, per annum May 26 North Wairarapa Permanent BulldinE and Investment —final at 6 per cent., making 5% per cent, for the year May 26 Wostport Coal—lnterim Cd per share . May 27 Clifford, Love, Sydney—interim quarterly at 10 per cent, per anj num May 27 Loloma (PUD Gold Mines —Is per share ' May 27 Farmers' Trading Co., Auckland— finals A and B prof., 5 3-5 per cent, per annum, C pref. 5 per cent, per annum May 31 Union Steam Ship, pref.—interim, 2% per cent , May 31 Tarlngamutu Timber—2% per cent, June 1 Imperial Chemicals Ltd.—final 5% per cent., making 8% per cent, per annum Juno 1 Henry Jones Co-op.—interim, 6d ( per share June 1 Broken Hill Pty.—half-yearly. Is 3d and on new shares 2>4d per share, Australian currency ... June 1 Swan Brewery, Western Australia— ord. 6d and bonus 3d per share; aud pref June 1 National Reliance Invest. Trust, Melbourne—6 per cent June 0 Dominion Fertiliser Co.—6 per cent. per annum June 7 McKcnzle's Department Stores— at 18 per cent, per annum Juno 7 Placer Development—6o cents (Canadian) and Bulolo Gold Dredge. 1.50 dollars (Canadian) Juno 10 Bank of N.Z.---final Is per share, or 10 per cent, per annum < .. Juno 10 Wilson's Cement —final <1 Viel per share or 7',4 per cent, per annum .. Juno 15 Broken Hill South—lnterim, !)d per slmru, in Mrlliiiurnn ...*»... Juno 15 Mount I.yclt—lnterim. Gtl per sliare . "thine 20 Australian Glass —pref.. 4 i-i per cent., ord. -1 per cent., plus 5 per cent. Juno 22 Morris, Hedstrum—3 per cent., milking t$ per cent, per annum, plus bonus Vk per cent. ........... June 30