SOUTHERN EXCHANGES

Sun (Auckland), Volume III, Issue 633, 9 April 1929, Page 10

SOUTHERN EXCHANGES

YESTERDAY’S SALES Press Association Wellington.—New Zealand Government Bonds, per cent., 1939, £100; Bank of News Zealand, 625; New Zealand Breweries, 60s 9d. Christchurch. —Bank of Australasia, £l4 14s; Commercial Bank of Australia, _'.>s 9d (two parcels), 2»s lOd; National Bank of Australasia (£lO paid), £l9 13s (three parcels); Union Bank of Australia, £ls 10s; New Zealand Insurance, 47s (two parcels); Goldsbrough, Mort, 53s 9d; Staples* Brewery, 45s 2d (four parcels); Beath and Company (Is paid), Ss Gd (five parcels); Dunlop Rubber, 28s 5d (three parcels>; Mount Lyell, 43s 9d; Mahakipawa, Is 3d; Dalgety and Company, £ls I 's; Auckland Gas, 24s 4d; New Zealand Breweries, 61s; Electro. Zinc (pref.). 36s 9d. Dunedin. —Staples’ Brewery, 41s bd; Mount Lyell, 445. BURNS, PHILP, LTD. The annual report of Burns-Philp (South Sea) Co.. Ltd., states that the cross profits for the year 1928, including balance brought forward, totalled £188,119, and after expenses had been met _there vas a net balance available of £71.676. Jt is proposed to pay Is 6d dividend «£56.230), to place £IO.OOO to reserve, which will then total £70,000, and carry forward £5,426. The report adds that lower values for Island produce continued through the vear. but with improved facilities for yt ndlinsr earnings were not seriously affected. Merchandise sales were maintained, and inter-island shipping was fully employed. Net profits in recenr years have been.— £(1 272; 1925, £60,806; 1926, £56,725; 1027*. £69,661: 1928. £71.676. Last year s dividend wai is *d a sha ' v _