Page 6 Advertisements Column 1

Wanganui Chronicle, 27 May 1948, Page 6

COLONIAL MOTOK CO. The accounts of the Colonial Motor Company, Ltd., for the year ended February 29 disclose a net profit of £25,551 on a paid-up capital of £30(1.000. During tne holders received four interim dividends of per cent, each, and the directors now recoi mend the payment of a final dividend of per cent. Dividends received from subsidiai companies during the year amounted to £13,830. The balance to the credit of the prout and loss account after payment of interim dividends is £73.856. The company’s reserves arc listed at £181,357. Shares held in subsidiary companies amount to £325,492. The balancing total is £623,969.