MORRIS, HEDSTROM, LTD.
The net profit of Morris, Hedstrom Ltd Fiji, was £86,910 for the year «de4 March 31 an increase of £207. The usual preference dividend of 6 P e £ C "W JL quires £13,152 and the unchanged orhe" Vv sWarper°s War per° requiring £26 020 is to be met from th | ft^ la^p stands at £40,000. The directors report that the balance of £13,980 after paymen of the bonus will be transferred to another re in rV his address to the annual meeting, the chairman. Sir Maynard Hedstrom^ stated that Prospects for the current year were reasonably good. Copra prices w liiroiv in continue to be sstisfsctory, witn a possibility of an increase to something fike parity with British Government prices for Ceylon copra Sugar crops this yeai would be light, but prospects for next year were good.
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Bibliographic details
Otago Daily Times, Issue 26197, 6 July 1946, Page 3
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140MORRIS, HEDSTROM, LTD. Otago Daily Times, Issue 26197, 6 July 1946, Page 3
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