CAPITAL EXPENDITURE.
In a recent report in the “World’s Press News.” Mr E. T. Walker, chairman and managing-director of Wolsey. Limited. referred to the necessity of capital expenditure in ma rket development. “Three or four years ago,” said Mr Walker. ‘-the necessity for spending additional money on advertising Wolsey silk hose was realised. As a. result. Wolsey silk hose is now definitely established in the ma rket.' ’
Tlio l>oarcl, therefore. advocated a repetition of this policy, namely, to spend in addition to the normal advertising a further sum for the development of certain new departments, to spend in addition to the normal advertising a further sum for the development of certain new departments, to carry forward the increase, or part of it. in the bal-ance-sheet. and to charge the normal advertising allocation to revenue exactly as in the past.
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Bibliographic details
Pahiatua Herald, Volume XLIV, Issue 13540, 19 April 1937, Page 3
Word Count
139CAPITAL EXPENDITURE. Pahiatua Herald, Volume XLIV, Issue 13540, 19 April 1937, Page 3
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