M.K. MANUFACTURERS

Evening Post, Volume CXXVI, Issue 45, 22 August 1938, Page 12

M.K. MANUFACTURERS

The directors of M.K. Manufacturers, Limited, Auckland, have declared an interim dividend of 6 per cent, for the half-year ended June 30, payable tod!y ,-~ TJlis compares with an interim of 10 per cent, and a final of 8 per cent, last year. In a circular to shareholders the directors state that owing to ill health Mr. H. Koning recently tendered his resignation as managing director and Mrs. Koning had also resigned from the .board, and they no longer have any interests in the company. Mr. W. J. Spring has been appointed to the board. It is stated that the company is showing, continued progress, and arrangements are being made for the erection of a large up-to-date factory, which will be leased on a satisfactory long-term basis. This should considerately reduce costs of production by the improved lay-out. The directors add . that they consider it wise to adopt a conservative policy regarding interim dividend.

Sawtell and Webber, Ltd., Upper Hutt, has been registered as a private company. Capital, £550, into 550 shares of £1 each. Subscribers: Upper Hutt —H. G. Sawtell 275, W. Webber 275. Objects: Radio and electrical importers, manufacturers of and dealers in radio, electrical goods, and incidental.

James Stedman Henderson's Sweets, Ltd., Sydney, has declared a dividend of 4 per cent, on ordinary capital for the year ended June 30. .

DIVIDENDS DUE. Cash Orders Amalg.— quarterly, Z% per cent., making 15 per cent, per annum • Aug. 22 Pitt, Son, and Badgery—final halfyearly, 5 per cent., making 10 per cent, per annum Aug. 24 Melbourne Steamship—final pref. 3 per cent. ord. 3V£ per cent., making 7 per cent, per annum Aug. 24 Bank of New South Wales—quarterly 6s per share Aug. 25 Dennys Lascelles—5 per cent. ... Aug. 26 Winchcombe, Carson, Sydney—final half-yearly. 3^ per cent., making 7y 2 per cent, per annum Aug. 30 Associated Newspapers, Ltd. —Interim ord. and pref., 2 per cent. ... Aug. 30 Neon Electric Signs, Sydney—final half-yearly 7 per cent., making 12 per cent, per annum .... Aug. 31 Keystone Investments—interim at 4 per cent, per annum Aug. 31 Edments, Ltd.. Melbourne—final 5 per cent., making 10 per cent, per annum Aug. 31 Austin Distributors, Australia —final, 1xh per cent., making 15 per cent, per annum Aug. 31 Loloma Gold Mine—Is Aug. 31 Silverton Tramway—final, half-year-ly, 10 per cent., making 20 per cent, per annum Aug. 31 Carlton and United Breweries Ltd.— half-yearly, 7% per cent., making 12i/£ per cent, for the year Aug. 31 Meggitt, Ltd.—final half-year, ord. 1st and 2nd prefs. each 5 per cent., making 10 per cent, per annum Aug. 31 Berlei, Ltd., Sydney—final, half-year-ly, ord. 5 per cent.; pref. 4 per cent, making 10 per cent., and 8 per cent, per annum, respectively , Sept. 1 Elder Smith, Adelaide—final, 3^ per cent., making 7 per cent, per annum Sept. 1 Standard Insurance—final. Is 3d per share Sept. 5 Waitahu Dredge—2d (3 1-3 per cent.) Sept. 9 Huddart, Parker—interim, pref. 3 per cent., ord. 6 per cent Sept. 15 Apex Investment, Masterton —halfyearly at 5 per cent, per annum Sept. 15 Broken Hill South—quarterly, 6d per share Sept. 15 Electrolytic Zinc—half-yearly, 9 per cent, or .15 per cent, per annum on both ord. and pref Sept. 16 North Broken Hill-^-qiiarterly, 6d per share Sept. 28