BRADFORD COTTON.
Net profit of Bradford Cotton Mills, Ltd., was £117,316 for the year endeu June 30, or £16,799 more than for the previous year. Ordinary dividend of 10 per cent, (unchanged) absorbs £78,664. Preference distribution, 6 per cent., takes £9186, and dividend on employees’ shares, 10 per cent., £1228. Transfer to general reserve i s £17.000 (last year £12,000), £5OOO is again placed to special reserve, and £5OOO Is allocated to the staff provident fund. Carry-forward is increased from £lO,071 to £11,309.
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Bibliographic details
Wanganui Chronicle, 2 October 1947, Page 6
Word Count
83BRADFORD COTTON. Wanganui Chronicle, 2 October 1947, Page 6
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