COMMERCIAL

Greymouth Evening Star, 17 July 1941, Page 10

COMMERCIAL

i STOCKS AND SHARES. . ’ 1 WELLINGTON, July 17. Sales reported: Ward and Co. (in liquidation) 7d, National Electric 19/10.. CHRISTCHURCH, July 17. . Sales: Bank of New Zealand 36/(2), Andersons (pref.) 17/-. Reported: Bank of New Zealand 36/-, New Zealand Newspapers (late yesterday) 29/5, Westport Coal (late yesterday) 22/9. COLES 1 DIVIDEND. WELLINGTON. July 17. . > The Stock Exchange has Seen ad- ! i vised by cablegram that G. J. Coles •[have declared a final dividend on ; ordinary shares of 10 per cent, for I the half-year ended June 30. MAORI GOLD, LIMITED. The seventh annual general meeting of shareholders of Maori Gold, Limited, was held in the Lyceum Hall, last evening. . Mr. J. Martin Bunt, chairman of directors, presided over an attendance of 15 shareholders. The annual report and balance-sheet were adopted on the motion of the chairman, who gave a brief review of the operations covered Sy the report. Several questions were asked by shareholders and satisfactorily answered by the directors, and the dredgemaster, Mr. D. Caithness. The retiring directors, Messrs. J. Martin Bunt and S. Burnett White, were reelected, no other nominations being received. Mr. Eric Souter was- reappointed auditor. A vote of confidence in the directors and of thanks ; and appreciation of their services was carried by acclamation, on the motion • of Mr. A. Mosley. A vote of thanks < to the dredgemaster and staff and to I the secretary was also carried by ac- 1 clamation, and the meeting concluded ; with a vote of thanks to the chair, - moved by Mr. A. A. Shannon. At a < subsequent meeting of directors, Mr. < Bunt was re-elected chairman. <