COMMERCIAL

Gisborne Herald, Volume LXVIII, Issue 20621, 24 November 1941, Page 7

COMMERCIAL

NEW PRODUCE MARKET GISBORNE ENTERPRISE Gisborne Markets, Limited, opened their sales organisation yesterday, when there was a large attendance of buyers to operate on supplies of produce and vegetables which came not only from local sources but also from Auckland and Napier. The company reports that there was a keen demand at auction, and the following prices were realised:—Rhubarb, Is to Is 3d per dozen bundles; turnips, Is to Is 6d; carrots, Is 7d; spinnach. Is 3d to Is sd; beetroot, Is 5d to Is 7d; spring onions, Is 5d ; leeks, 3s 2d to Is 6d; radish, Is 2d to Is 4d; lettuce, 3s to 5s per case of 3doz.; peas, 2s to 2s <Sd per peck (71b.) ; asparagus. Is to 3 s Id per bundle; tomatoes, Is 3d to Is 8d per lb.; new potatoes, to 3£d per lb.

SHARES IN AUSTRALIA (Elec. Tel. Copyright—United Press Assn.) SYDNEY, Nov. 20. No defined trend in prices was noticeable in to-day’s investment market, and business was sluggish. Sales included:—Bank New South Wales, £24 17s; Colonial Sugar, £46; Associated News, 11s 3d: Millnquin Sugar, 38s 9d; Fairymead Sugar, 31s 3d; David Jones, 33s 9d; Carpenter, 38s 6d; Broken Hill Pty., 37s 4d; ditto (con.), 20s lOd; Kuala Kampar, 38s 7d. Melbourne business included:—Commercial Bank Australia, 13s 3d; British Tobacco, 42s Od; Hume Pipe, 15s sd: G. J. Coles, 565; Dunlop Rubber, 245; Australian Paper Mfrs. (pref.), 26s Gd; Emperor, 9s 4ds Loloma, 22s 3d.

WOOLWORTHS (N.Z.) LTD.

Wanl'vnrtha (N.Z.), Limited, ml vise that the directors arc recmmneiulinv: to pay in December si dividend of !) per cent, mnkiitK 14 per cent for Use year. Net profit for the year ended October 1, after providing £212,250 for taxation, amounts to £94,612.

EarninKS compare with £99,070 in the previous year and £116,,506 in 1939, when taxation absorbed £IBB,OOO and £150,U00 respectively. The dividend on ordinary shares at 14 iter cent is unchanged, while in addition 9 per. cent 1s paid on preference shares.