HOWARD SMITH'S POOR YEAR.
_ A■: profit .of. £18,801,. lower by.; £57,073 than Hhat"of: the previous'year, is shown by Howard: Smith, Ltd.,' for 1930. Preference dividend of 6 per. cent.' is paid, and requires • £.15,000. Ordinary : dividend is .passed^ The balance, £3750,- added to £68^772.bi'ought forward,-,makes; £72,573 to be carried forward. : The; fall in profit is due to the trade'; depression andVtp the collieries'; of Caledonian Collieries, Ltd., not. reopening .till 2nd June,. -after '■'15 months'"idleness. Last year the. ordinary dividend wlas;• 2%, per cent,, ahd: for-1928 it'was 7% per cent. -.'■'" :..:,.■ *':':
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Evening Post, Volume CXI, Issue 69, 23 March 1931, Page 12
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90HOWARD SMITH'S POOR YEAR. Evening Post, Volume CXI, Issue 69, 23 March 1931, Page 12
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