GUARANTEED PRICE

Evening Star, Issue 23665, 27 August 1940, Page 10

GUARANTEED PRICE

PF.GZUCTiON COSTS SHOULD BE CONSIDERED [Pee United Press Association.l TE AROHA, August 27. The annual meeting of the Te ArohaThames Valley Dairy Company passed the following resolution:—-That the Hon. W. Nash be asked to take into consideration the farmers' increased production costs in determining the guaranteed price for the coming season. AUSTRALIAN STOCK EXCHANGES Press Association —By Telegraph—Copyright SYDNEY, August 26. Business on the Stock Exchange to-day was fair and prices' were firm. Morning Sales. —Commonwealth Bonds — 4 per cent., 1941, £lOl 8s 9d; 4 per cent., 1961, £IOB 13s 9d; Australian Consolidated Industries, £1 14s 3d; Colonial Sugar, £46 7s 6d. Afternoon Sales.—Bank of New South Wales, £25 12s; Wilcox, Mofflin, 7s 9d; Mount Lyell, £1 6s 9d; Woolworths (New Zealand), 10s 6d; Toohey's, £1 6s 9d; Henry Jones, £2 lis 3d; Huddart, Parker, £2 10s 3d; Oil Search, 4s; Millaquin Sugar, £2 Is 6d; Australian Consolidated Industries, £1 14s 6d; Bro.ken Hill South, £1 5s 3d; Taranaki Oil, 4s sd. MELBOURNE, August 26. Emperor, 9s 9d; National Bank (£lO paid), £ll 6s. REMITTANCES FROM AUSTRALIA MAXIMUM LOWERED TO NSN-STERLINC COUNTRIES

Tlio maximum amount of Australian currency which any person may remit overseas by money-order from the Commonwealth has been reduced from £5 a week to £5 n month in the case of non-sterling countries. The restriction is imposed under the National Security Control) Regulations. Remittances to Britain and other sterling countries are not affected. Until Italy's entry into the war, Italians resident in Australia regularly despatched large sums of money overseas by moneyorder. N.Z. DRUG DIVIDEND ANNOUNCED At a meeting of the Board of Directors of Kerapthorne, Prosser, and Co.’s New Zealand Drug Company Ltd. held yesterday an interim dividend of 3£ per cent, for the half-year ended July 31 was declared. This rate has remained unchanged for tt number of years.