I A profit of £27,421 for the year ended July 31 is shown by Buckley and Nunn. Ltd., the long-established drapery establishment, Melbourne, compared with £31,653 in the previous year, and £32,606 in 1936-37. Ordin y dividend is at an unchanged rate of 4 per cent., requiring £12,962, and the 7 per cent, preference dividend requires £10,500. The directors report that sales showed a substantial increase in the year, but expenses | were heavier, chiefly in regard to • wages, salaries, rent, and depreciation. I
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Evening Post, Volume CXXVIII, Issue 64, 13 September 1939, Page 12
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83Untitled Evening Post, Volume CXXVIII, Issue 64, 13 September 1939, Page 12
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