COMMERCIAL
The directors of the Dominion Building Society have arranged for the second* ballot to be held on Thursday, January 28. The amount to bo balloted will be determined early next month. GORDON AND GOTCH, LTD. FJGTTT PER GENT. DIVIDEND. Gordon and Gotcb (Australasia), Ltd,, in its report for the, half-year ended SeptembeV JO, after providing £9,6.11 for taxation, shows a profit of £38,209, compared with £46,215 .for the previous half-year, and with £23,437 for the corresponding six months of 1924. With £516 brought forward, a sum of £38,726 is available. A dividend at the rate of 8 per cent, per annum on preference shares absorbs £4,000, and at the same rate ono on ordinary shares accounts for £16,000. A sum of £14,000 is transferred to reserve, and £4,000 is allocated to reserve for contingencies, leaving £726 to bo carried forward. The report states that the business continues to make satisfactory progress, notwithstanding that the seamen’s strike adversely affected trading. A tender has been received for the erection of a warehouse in Brisbane. A recent issue of 100,000 ordinary shares was fully subscribed, and at November 30 £87,416 was paid. A staff .assurance fund has been approved.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19251221.2.82
Bibliographic details
Evening Star, Issue 19128, 21 December 1925, Page 8
Word Count
197COMMERCIAL Evening Star, Issue 19128, 21 December 1925, Page 8
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in