M.S.D.-Speirs Set-back
M. S. D. Spelrs, Ltd, the Marton timber and hardware merchant, has reduced its dividend from 7| to 4 per cent after the profit fell 70.5 per cent in the year to March 31, directors say in a preliminary report. The latest profit is after providing $53,266 more for depreciation at $173,384 and $76,310 less for tax at $5690.
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Press, Volume CVIII, Issue 31740, 25 July 1968, Page 14
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61M.S.D.-Speirs Set-back Press, Volume CVIII, Issue 31740, 25 July 1968, Page 14
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