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J. AND P. COATS.

WATERING CAPITAL. TO DECEIVE THE PUBLIC. By Telegraph—Press At^J.—Copyright. (Received Nov. 12, 9.20 a.m.) LONDON, Nov. 9. The directors of J. and P. Coates and Co. are seeking the shareholders’ authority to capitalise the 101 millions of reserves, ■ making tho total capital 20i millions. They point out that, tho scheme does not increase tho company’s earnings, but reduces the apparently high dividends which the public are adversely criticising.—Aus.-N.Z. Cable Assn.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TH19191112.2.28

Bibliographic details

Taranaki Herald, Volume LXVII, Issue 16590, 12 November 1919, Page 3

Word Count
74

J. AND P. COATS. Taranaki Herald, Volume LXVII, Issue 16590, 12 November 1919, Page 3

J. AND P. COATS. Taranaki Herald, Volume LXVII, Issue 16590, 12 November 1919, Page 3

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