COMPANY AFFAIRS

Wanganui Chronicle, Volume 83, Issue 255, 28 October 1939, Page 3

COMPANY AFFAIRS

PRESTIGE PREFERENCE DIVIDEND Prestige (New Zealand) Limited has advised the Stock Exchange Association that the pieference dividend ol 3 per cent, for the six months ended ' September 30, will be paid on November 1. GREY RIVER DREDGE RETURN Grey River Dredging Co., Ltd., reports a return of 214 ounces from 94,083 cubic yards worked in 131 ] I hours during the period ended October « AIHI LN VE-jTMENTS I VVaihi Ince -tments anti Exploration. , Ltd., has advised the Stock Exchange ■ I Association that the share register will i be closed from October 31 to Novem- , ber 16. both days inclusive BY< KOFT’S INTERIM DIVIDEND i ; bycrotts, Ltd., Auckland, ha\e ad- . vised the Stock Exchange Association that the directors have declared an interim dividend of 1 per cent., payable . on November 16. Transfer books will be closed from November 6 to 16, both dates inclusive. The dividend is at. an ; unchanged rale of 8 per cent, per an- , nu m. DKI (. HOUSES OF AUSTRALIA The profit of Drug Houses of Australia. ltd., for the year ended June 30 last, was £161.145, compared with £159.390 the year before, and £174,520 in 1936-37. Profit is struck after i providing £2OOO for taxation. A finai ’ dividend of 3o per cent, is declared, I making an unchanged total for the I year of 6i per cent. Payment of the :■ dividends requires £158.595. leaving ! £7209 to be carried forward, comiSpared with £4569 brought into the accounts. ! The consolidated balance-sheet ol I Drug Houses and its subsidiary com- ; panics shows liabilities at £698,191. :! against which there are current assets i of £1,858,778. Aggregate net profit for 'the year ended June 30 of Diug ’ Houses and its subsidiaries was £186.- | 005. compared with £208,718 in 1937- ■ 'rhe directors arc taking steps tu i carry into effect the plan by which the parent company will resume piei Terence shares in Felton Grimwade.