SOFTGOODS TRADE.
A COMMERCIAL SENSATION. LONDON. Aug. 8. A sensation hail been caused in the soft-goods trade, Rylands and Sons, Limited, announcing a loss of £1,263,315 for the half-year ending June, owing to an unprecedented fall in the values of their stock-in-trade and losses under heavy contracts, all of which have be<m cleared or provided for. The company is claiming from the Treasury, repayment of £1,200.945 excess profits duty, which will reduce the actual loss to £62,370. The directors propose to withdraw a quarter of a million from reserve and pay a five per cent, dividend.—A. «*.nd V .Z.U. -V*
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19210810.2.36
Bibliographic details
Gisborne Times, Volume LV, Issue 6153, 10 August 1921, Page 5
Word Count
100SOFTGOODS TRADE. Gisborne Times, Volume LV, Issue 6153, 10 August 1921, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in