THIS CAPITALISM !
Montagu L. Meyer and Co., Ltd., the timber importers, made a gross profit in the last financial year of £243,747— dividend 50%.
For the year ended March 31, Great Universal Stores, Ltd., have declared a gross profit of £345,430 —dividend
You may have had difficulty last winter in getting coal and you may be having difficulty again . . . but profits seem to come pretty easily to some coal companies. The Staveley Coal and Iron Co., Ltd., made a gross profit for the year ended June 30 of £1,030,281. After paying debenture interest they were left with a net profit of £407,518, and have been able to declare a dividend of 8%, free of income tax. Manvers Main Collieries, Ltd., made a gross profit for the same period of £257,626—a dividend of 7%. (THE TRIBUNE LONDON.
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Grey River Argus, 8 January 1941, Page 8
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136THIS CAPITALISM ! Grey River Argus, 8 January 1941, Page 8
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