LATE COMMERCIAL

Sun (Auckland), Volume II, Issue 416, 26 July 1928, Page 15

LATE COMMERCIAL

SOUTHERN EXCHANGES TO-DAY’S SALES Prcsa Association. Christchucch.—On ’Change: Bank of Australasia. £l4 16s 6d; Standard Insurance 60s 6d. Dunedin.— Sales Reported: Bank of Australasia, £l4 17s 6d: Dalgety, £l4 15s. SYDNEY FLOUR PRICE (United P.A. — By Telegraph — Copyright) SYDNEY, Wednesday. The wholesale price of flour has been reduced by 10s to £l3 a ton. butter and cheese Aleiehants report receipt of London cables as follow: Leona i'd and Son, Ltd., from their iooley Street principal, A. C. Rowson: butter market quiet and prices are easier at 182 s to 1845.” y- Paviour-Smit*i, from his London Principals, the Anglo-Continental ProtUceL^ 0 -* Ltd., under date July 24: “Marfirm. Butter, 184 s; cheese, 110 s.” Joseph Nathan and Co. Ltd., from their prinicpals, TrengrOuse and •*Olßll, Ltd.: “Butter lS4s; cheese, 110 s; oth markets easier.”' WARD AND CO., LTD. profit for the year of £11.316 is \ V -i? se< * in the annual balance sheet of a Lo., Ltd., for the year ended A final dividend for the cenr' J # ar ls a share, making 20 per th- i- the year, is recommended by directors. fo P‘ e c °mpany is virtually an investment liauirt ny A and Practically all the assets are . A mple provision is made for depreciation of assets. havl . Profits over the past five years e been shown as follow: 1925 1926 1927 192 S Xer £ £ £ £ Dividf,^ ftt * 12.665 13,920 9,282 11.316 p.c.