COMMERCIAL

Greymouth Evening Star, 2 November 1939, Page 14

COMMERCIAL

BRITISH TREASURY RETURNS. [BRITISH OFFICIAL WIRELESS.] RUGBY, November 1. The latest Treasury returns show that total ordinary revenue to October 29 was .£402,880,564, compared with £377,957,190 at the corresponding dale last year. Total ordinary expenditure to date this year amounts to £637,001,640, against. £559,945,437 last year. TIN QUOTAS. RUGBY, November 1. The International Tin Committee fixed to-day the quota for the fourth quarter of 1939. at 100 per cent, of standard tonnages. The quota for the first quarter of 1940 shall not be fixed at a rate less than 60 per cent, of standard tonnage. WESTPORT COAL. DUNEDIN, November 1. The directors of the Westport Coal Company recommend payment of a final dividend for the year of 6d a share payable on November 20, making a total distribution of 1/- a share, or 10 per cent, (unchanged) for the year. WOOLWORTH DIVIDEND. WELLINGTON, November 2. The directors of Woolworths (New Zealand) announce 1 that the net profit for the year ended October 2, subject to completing the audit, and after making provision for income tax of £168,500, amounts to £116,766. The directors recommend a final dividend of 11 per cent, on ordinary shares, making 16 per cent, for the year. The dividends will be payable on February 15. STOCKS AND SHARES CHRISTCHURCH, November 2. Sales: Government 54 per cent. Stock 1940-43 £99, N.Z. Refrig. (10/paid) 9/-, Auckland Gas 15/3, Dunlop Perdriau 21/-. Sales, reported: Government 4 per cent. Stock 1949-52 £9B/5/-, Bank of New South Wales (C.D.) £3O, Bank of New Zealand (D. Mortgage) 27/9, Farmers Co-op. Auct. (B. Pref.) 18/6, Dunlop Perdriau (late sale yesterday) 21/-, Taranaki Oilfields 5/6, Woolworths (Sydney ord late sale yesterday) 25/2. WELLINGTON, November 2. Sales: Four per cent. Stock 1958 £97 17/6. Mac Duffs Ltd. pref 7/4. Reported: Bank of New South Wales £39 17/6, Bank of New Zealand 40/-, National Insurance 17/9, Oamaru Woollen 15/3, New Zealand Breweries 36/4, Broken Hill 79/6, British Tobacco 52/1, Dunlop Rubber 21/-, Electrolytic Zinc Ordinary 62/-, Mount Lyell 32/6. GREY RIVER. The Grey River return for the period ended October 31 was 29510 z. for 77,436 cubic yards, dredged in 105 hours. MOLYNEUX. The Molyneux return for the period ended October 27 was 2170 z.