GOVERNMENT LOANS STEADY.

Evening Post, Volume CXXXVI, Issue 3, 3 July 1943, Page 6

GOVERNMENT LOANS STEADY.

(By Telegraph—Press ■ Association—Copyright.) LONDON, July 1. '. Tho market for Government loans is steady,, but business is.described as inactive. Prices, with those (juotcd last week, are ai follows: — . : ... ; ■ Juno. 24. July.-vi.. Consols, .S^-p.c 8014 80& Fund." Loan, 60-90 ... 113 ]/2 113 Vj War Loan, 4& p.c. .. 103% 103%' Cony. Loan, 61, S& p.c. 105% 105 3-14 Victory Bonds, 4 p.c. .. 113 7-16 113% NiZ., 49-53, .4% "p.c. .. 104% 104% N.Z., 1953, 3 p.c n\k 99Vj Consols at" June 17 were SO 1-16, AYs p.c. War Loan 103VJ, His p.c. N.Z. 104^2, and 3 p.c. N.Z. 99i/j. . LONDON. July 1. : New Guinea gold shares sold Is l^d. GOLD«BROUGH MORT'S YEAR. Goldbrough, Mort, and Co., Ltd., .Melbourne, showed net profit of £146,555 for the year to March 31, after providing £129,027." for taxation. Net profit for last year was £102,991 (taxation £117,932). Dividend, increased from 5 per cent, to 6 per. cent.; £167i869'is\ carried forward against £163,314 brought* in.' Gross trading profit was £959,954 (previous year £805,972).- Receipts into ..store. compared-as follows:—April 1, 1941-March 31, 1942, 391,000 bales; April 1, 1912-March 31, 1848. -387^,200 bales. Gross profits.showed a-considerable" improvement on last ■ year, ■ due principally ■to better seasonal conditions throughout the various States and to an increased ; stock turnover, but expenses and taxation had.'- continued to advance because of war conditions. NATIONAL RELIANCE TRUST. -National Reliance Investment Co,, IM., Melbourne, reports that net revenue for 'the,.year to March 31 was £9*360, against £10,054 last yqar. Dividend is unchanged at 394 per cent..' absorbing £9375. Market value of investment holdings at March- 31*. was £303,836, compared with £214,292 last year. After-allowing for reserves, percentage of net depreciation ■on cost is 3.4 per cent, against 26,S per cent, last year. The report says 'that".although the revenue of the company approximated that of the previous yoar, ■ company: dividend „ declarations had shown, a tendency to decrease. Share markets'in; which tlie company's .funds are invested maintained steady improvement'durhiß the year. Investments numbered-356, ,of which 63.8 per cent, are Australian and" New Zealand. S.M. Motors' Ltd.. .Wellington, has been registered as a private company. Capital:l £2500 into 2500 shares of £1 each. Subscribers:• Wellington—J. A. T. Stevens "1250,' J.; S. .McLeod 1250. Objects: Engineers and . incidciitalr'; ■' -- 'For failing to report for 'treatment of venei'eal disease, Albert' Ernest Chtttenden, 24, married, was fined '£5 -by Mr. ;J. L. Stout, ,S.M;V: in-; the Magistrate's Court. It was. stated that the defendant had defaulted .several times in,obtaining treatment, an,d tliai.t the chief aim -'of ..the Health/Department in bringing the caste :was tbThelp sUp-; press the: disease'and -;se? ;that-pex-sbns suffering from, "it attended':-the- clinics: established- for theVpurpose. ' v '~\^..',i-ki>