COMMERCIAL

Evening Post, Volume CXXXI, Issue 116, 19 May 1941, Page 11

COMMERCIAL

STRICT-CONTROL

BRITISH WOOL INDUSTRY

LONDON, May 17.

The United Kingdom wool industry is now subject to direct measures for the concentration, and reduction of production despite the fact that the rationing of raw material supplies has been a severe implement of control since the outbreak of war. Numbers of factories are being closed under the "voluntary" plan. • >

A levy will be imposed on the surviving factories to compensate the closed firms for liabilities which cannot, be met .from other sources.

Sales to home -industries are now limited to 30 per, cent, of the prewar figure. ]','■: '■■-

The rayon industry has also been subjected to restrictions.—U.P.A.

DIVIDENDS DUE.

N.Z. Newspapers—final, 8d per share May 21 Northern Roller Mills —5 per cent. .. May 22 N.Z. Paper Mills —final, 4 per cent., at 7 per cent, per annum May 22 Kanleri Dredge—fifth, Is per share May 24 Dalgety—lnterim 3s (less tax) May 27 Tui Brewery—lnterim Gd ■ May 28 Bank N.S. Wales—quarterly. 6s May 28 Swan Brewery—pref. and ord. 6d and bonus Id. : '. May 28 National* Bank "~of Aust.—6 per cent. on £10 and £5 shares per annum May 28 Donaghy's Rope May 28 Broken Hill Pty.—half-yearly, 9tl May 28 Dental and Medical —5 per cent, ... May 29 Bank N.S.W.—quarterly, Cs May 20 Northern Roller Mills, 5 per cent. ~ May 2!) Westport Coal—interim 6d May 30 Martha Goldmine—final 9d May 30 Kauri Timber—interim 2y> per cent. May SO E.S. and A. Bank—half-yearly,. 3% per cent., less U.K. tax May 31 Taringamutu Timber—3^ p.c. ...... May 31 Henry Jones Co-op., 6d June 2 McKenzie's Department Stores—final, 5 per cent, or 10s per cent, per annum June G National Reliance Trust—4y 2 per cent. June 9 Loloma Mine, Is June 9 Associated News, Sydney—interim ord. and pref., 3 per cent June 11 Aust. Alloy steel—final, 314 per cent. or 7 per cent, per annum ... June 13 Mount Lyell—6d per share June 16 Broken Hill South—quarterly, 1b .. June 18 Bank N.Z.—final, 3 per cent June 20 Aust. Consol. Indust, —ord. iV 2 p.c, pref, 4% p.c. or 8 and 9 p.c. per annum respectively June 25 Imp. Chemicals (London) —final, 5 p.c. July 1