GOVERNMENT STOCKS

Evening Post, Volume CXXXI, Issue 10, 13 January 1941, Page 10

GOVERNMENT STOCKS

LONDON MARKET RISING

(By Telegraph—Press Association—Copyrleht) LONDON, January 9. Quotations of British and Dominion Government loans compare with those cabled last week as follows:— Jan. 2. Jan. 9. £ fi Consols, 2%, Jan.-Apl.-July-Oct. 77 77^ Funding Loan, 4, 60-90, May-Nov. 113% 114 War Loan, 3%, June-Dec. 103% 103% Conversion, 3%. Apl.-Oct. 103% 104 Victory Bonds, 4, Mar.Sept. 112% 112^4 N.Z.. 4%. '48-58, Mar.-Spt. 104% 105% N.Z.. 3, '45, Apl.-Oct. .. 98% 98% GEAR MEAT YEAR "COMPLICATED TAXATION"

The directors of the Gear Meat Co., Ltd., report for the year ended November 30 that, including the amount brought (forward and after providing for income, social security, and national security taxes, there is a balance available of £20,538, which it is recommended be dealt with as follows: —In payment of dividend of 9(3'a share, less interim dividend of 3d paid in June, £11,500; to. carry forward, £9038. The balance available, last year, after providing for taxation, was £15,398. Profit on sales (less taxation) last year was £28,393; for 1940 it was • £40,767. Owing to' the complicated , nature of taxation the; directors decided to postpone the annual general meeting till January 21 so-that expert advice would be obtained before presenting the report and balance-sheet to shareholders. The retiring directors, Messrs. D. H. S. Riddiford and J. M; Dale, offer themselves for re-election.