Commercial
Profits Announced
The directors of the British Tobacco Company (Australia), Ltd., have advised the Stock Exchange that they recommend a final dividend of two per cent for the year ended October 31, and are paying an interim quarterly dividend of two per cent in respect of the current financial year, which commenced on November 1. The final payment proposed brings the distribution for the last financial year to 10 per cent, an unchanged rate. A net profit of £245,294, compared with £280,593 in the previous year, js shown in the accounts of the English, Scottish and Australian Bank, Ltd!, for the year ended June 30. The dividend rate is unchanged at 7 per cent. The following information has been cabled to the London office of the Martha Goldmining Company (Waihi), Ltd., for the period ended November 19: Crushed, 14,611 tons for a result of 3466 ounces fine gold and 31,962 ounces fine silver. The crushing time was 19 days.
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https://paperspast.natlib.govt.nz/newspapers/NA19391202.2.54
Bibliographic details
Northern Advocate, 2 December 1939, Page 6
Word Count
160Commercial Northern Advocate, 2 December 1939, Page 6
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