BRUCE WOOLLEN
After provision of £ 12,000 for depreciation on buildings, plant and machinery, and £67,000 for taxation, the directors of the Bruce Woollen Manufacturing -Co., Ltd., report a net profit for the year efided September 19 of £18,909 (last year £23,534), and the amount in the profit and loss appropriation account £31,752. It is recommended that this amount be dealt with as fellows-—Dividend on cumulative preference shares, £2800' dividend of 6 per cent on ordinary shares, £6000- bonus of 2 per cent on ordinary shares, r2COO ; and transfer to reserve account, £11,000. leaving £9952 to be carried forward. Dividend and icnus are unchanged.
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Bibliographic details
Auckland Star, Volume LXXV, Issue 262, 4 November 1944, Page 3
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103BRUCE WOOLLEN Auckland Star, Volume LXXV, Issue 262, 4 November 1944, Page 3
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