COMPANY AFFAIRS
N.Z. REFRIGERATING Net profit of the New Zealand Refrigerating Co., Ltd.. Christchurch, for the year ended October 31, was £69.855, against £71.737 the previous year. Dividend of per cent, takes £47.723 and £20.000 is transferred to the general reserve, which then stands at £170.000. Carry forward is £50,246, against £48,114 brought in. The previous year there was no transfer to general reserve, but £25,000 was placed to rebuilding reserve. DIVIDENDS CHRISTCHURCH, Last Night (UA) —The directors of the ChristchurcH Gas, Coal and Coke Co. today declared a final dividend of 3 per cent., making a total of 5 per cent, for the year (unchanged.. Transfer books will be closed .rom February 14 to February 28, inclusive. Elder Smith Ltd.: Interim dividend of 4 p.c., payable March 1, 1950, ex dividend February 17, 1950. Southland Frozen Meat: Finai dividend of Is per share, payaoie March 1, 1950, ex dividend February 17, 1950.
National .Mortgage and Agency Co. of N.Z. Ltd.: Final 2i p.c. plus bonus of p.c.. making 7J p.c. for the year (unchanged'; ex March 8. Annual meeting in London March
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Bibliographic details
Wanganui Chronicle, 1 February 1950, Page 3
Word Count
183COMPANY AFFAIRS Wanganui Chronicle, 1 February 1950, Page 3
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