TEA MARKETS

Evening Post, Volume CXXVI, Issue 78, 29 September 1938, Page 12

TEA MARKETS

The Colombo tea market this week was fully firm for common sorts, according to private advices received in Wellington. Better teas were also in demand in spite of a falling-off in quality. The Calcutta market was fully firm for all grades. The quality of the offering, however, at the present time is not as good as usual for the time of the year. The London market was active and a little dearer. (By Telegraph—Press Association.) DUNEDIN, September 28. Mr. L. M. Wright has received the following cable report on the Colombo tea auction of September 27:— At yesterday's auction, good quality teas were in brisk demand and showed an increase of id to §d. Medium grades were barely steady at last week's rates, but common teas remained firm. A total of 2.250,0001b will be offered to buyers at next week's sale. DIVIDENDS DUE. Cox Bros. (Australia)—flnal A and B pref.. 7 per cent, per annum; ■ ord., 15 per cent, per annum .. Sept. 30 Felt and Textiles, Ltd., Sydney— half-yearly 5 per cent, at the rate of 10 per cent, per annum Sept. 30 Dunlop-Perdriau Rubber — final, pref., 5 per cent., ord. 3% per cent Sept. 30 Bank of Australasia—interim 3s 6d sterling per share.at the rate of 7 per cent, per annum Sept. 30 British Tobacco —quarterly 3 per cent. Sept. 30 Bricks and Mortar, Ltd., Sydney—interim quarterly at 8 per cent, per annum Sept. 30 Joseph/ Nathan and Co., Ltd. —halfyearly at 8 per cent, per annum, on preferred ord Oct. 1 Whittome, Stevenson, Auckland —7 per cent Oct. 3 Hume (Aust.) ripe, Ltd., Australia— final, ord. 4J/i per cent., making 7V_ per cent, per annum ; and new pref., 7'i per cent. per annum ■■ . ._. Oct. 3 Union Trustee "of Australia —interim, half-year, 4 per cenl Oct. 0 X.Z. Newspapers, Ltd.—interim halfyear, 8d per share Oct. 5 Myer Emporium, Melbourne—final '.', per cent, and bonus 3 per cent., making 9 per cent, per annum . Oct. 5 Colonial Gas —finals, half-yearly, 3 per cent.: 2nd pref., 3% per cent. : ord. 5 per cent Oct. 6 Yarra Falls, Melbourne—final 5 petcent., making 10 per cent, per annum Oct. 6 Howard Smith—quarterly prof, at 6 per cent, per annum Oct. 6 Milne and Choyce—final pref., 3 per cent.; B pref., 3% per cent.; ord. and deb., 2 1/™ per cent. .. Oct. 10 Amalgamated Wireless —flnal, halfyearly, 5 per cent., and bonus 2 per cent., making 12 per. cent, for the year Oct. 15 Burns, Philp (South-Seas),. Ltd.—interim half-yearly 7d per share .. Oct. 15 T. J. Richards, Ltd., Adelaide—flnal and ord., making 10 per cent, per annum Oct. 15 Woolworths, Ltd.,_ Sydney—half yearly, ord. 6 per cent Oct. 15 Woolworths (N.Z.), Ltd.—half-yearly pref. 4%' per, cent .....;.,.. Oct. 15 Wunderlich Ltd.—interim, half-year-ly. 3V_s per cent., ord. and pref. Oct. 10 N.Z. Guarantee Corporation, Ltd.— flnal. 2d per share .. Oct. 26 United Provisions—ord. 3 per cent.; pref. final 4 per cent Oct. 28 Drug Houses of Australia —3?l' per cent., 'making 6J& per cent.■-. per annum Oct. 31 Martha Gold" Mine—interim 9d (freo of tax) Nov. 1 Imperial Chemical Industries—ord. 3 per cent. -...-Nov. 1