COMMERCIAL

Evening Star, Issue 19724, 26 November 1927, Page 22

COMMERCIAL

N.Z. LOAN’ AND MERCANTILE COMPANY. JPek United Pnuss Association.] WELLINGTON, November 25. Tlio balance-sheet of the New Zealand Loan and Mercantile Agency Company, to be presented at the annual meeting in London on. December 8, shows that after paying taxes amounting to £50,421, writing off premises the sum of £IO,OOO, and making provision for bad and doubtful debts and debenture stock' interest, a balance remains of £148 ; 991. The sum of £lO,000 is appropriated to the staff benevolent fund, and the interim dividends, with tho dividends now proposed, will absorb £l-16,G50. Including tho amount brought forward, £45,280, there will ho £47,597 to be carried forward. The dividends proposed are a final dividend on the preference stock of 21- per cent, and on ordinary stock a final dividend of 4] per cent., both less 2s in tho £ iu respect of English income tax. NEW COMPANY. Tiie ‘Mercantile Gazette’ reports, the registration of the following company:— Electric and Plumbing Supplies, Ltd. llegistored November 1.0, 1927. Capital, £IO,OOO, into 10.000 shares of £1 each. Subscribers; If. Iv. Wilkinson, Adam Paterson, A. A. Fairbairn, J. C Christie, C. W. Rattray, William Davidson, and Alexander M'Hutchon, one share each. Objects: To carry_on the business of electricians, mechanical engineers, and’ manufacturers, workers, and dealers in electricity.