— There is not much evidence of economy among tho ladies of the Old Country afforded by the_ balance sheets of wholesale drapery firms in London. As compared with 1913 one firm made £63,000 la.st year, as against £25.292, and another firm increased its profits by £24.C00, excess profits tax liaving been provided for in both inFtancos. Another firm made nearly three and a-half times the profits of 1913, and another quadrupled theirs; still another increased its profits five times, and another made six times the 1913 profit. A Manchester manufacturing and wholesale house shows an increase of just on £200,000. and a London firm converts a loss of £6*oo in Wl3 into a. jeeofit of £11,156.
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Otago Daily Times, Issue 17215, 18 January 1918, Page 6
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116Untitled Otago Daily Times, Issue 17215, 18 January 1918, Page 6
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