COMMERCIAL
STOCKS AND SHARES (Per Press Association.) WELLINGTON, Dec. 10. Reported Sale: 55 per cent, inscribed stock 1933 £lOl/5/-. AUCKLAND, Dec. 10. Auckland Gas, 23/5, New Zealand Breweries 55/-, 56/-, 56/6. Reported: Commercial Bank, ord., 30/4. Bank Australasia £l4/14/-. WELLINGTON, December 10. Reported sales 4g per cent inscribed stock 1939 £99 TO/, New Zealand Brewery shares 57/, British Tobacco ord. 45/.
NATIONAL TOBACCO COMPANY The annual report of the NationalTobacco Company shows net profits amounting to £38,057, after deducting all charges and allowing the sum of £11,300 for income tax. The dividend proposed is 15 per* cent. •*; The capital of the company was increased last year by the issue of bonus shares and of shares at a premium. The total now issued is 112,161 ordinary £1 shares and 12,180 preference £1 shares. A sum of £17,755 was received in premium on shares. This has been placed to reserve. The directors recommend a dividend of 15 per cent, on ordinary shares, 8 per cent, on preference shares, a transfer to reserve of £22,245, so that the reserve account with the £17,755 received in premiums, will then stand at £40,000, and to carry to next year the balance of £4849.
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Greymouth Evening Star, 10 December 1928, Page 11
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198COMMERCIAL Greymouth Evening Star, 10 December 1928, Page 11
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