BRUCE WOOLLEN A decline of £141!) to £21.297 is shown in the net profit of the Bruce Woollen Manufacturing Co., Ltd., Otago, for the year ended September 19. The result was reached after making lull provision lor taxation and setting aside £23.380 for depreciation, against £23, in the previous year. Dividends are unchanged at 8 per cent, on ordinary shares (including the usual 2 per cent bonus! and 5 3-3 per cent, on prctcrenc. shares. Total dividend requirements are £lO.800 An unchanged amount ot £lO.OOO is add. ed to general reserve. Carry-forward Is £14,IS4. against £13.687 brought in. The directors state that in spite or the continu'd shortage ot start in some department, production was Increased by working overtime. The plant has been modernised rurther.
DELAYS ARE DANGEROUS Don’t coddle that cold—Baxterize It smartly. Baxters Lung Preserver with it’s unique quick-acting properties speedily breaks up the worst cough or cold, restoring you to health and vigour once more. Ask for “Baxters," New Zealand’s proved most popular remedy, at all chemists and stores. Baxters is sate for children. Baxters Ltd., 602 Colombo St., Christchurch. —Advt,
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Wanganui Chronicle, 7 November 1950, Page 2
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184Page 2 Advertisements Column 7 Wanganui Chronicle, 7 November 1950, Page 2
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