AUSTRALIAN ITEMS
Claude Neon Industries. Ltd.. Sydney. will delcr ps.vnient of the interim dividend this year. Dr.rvtojs Mate that as a res-ilt of lighting rrstric'iCTsr, and cessation of manufacture of s gns. the us*!.*. 1 dividend was not declared. As lar as po e . c :ble thn company's plant in various States is b*lny used for defence purposes. and every economy is being effected to meet changed condit ions. Lustre (N.Z.), Ltd.. and Silktex. Ltd.. operated at a satisfactory profit for the year, according to Lustre Hosiery. Ltd.. Sydney, but a small subsidiary engineering company operated at. a loss of £250. The report adds that the prospects of industry control. profit limitation and other restrictions make the outlook for any type of manufacturing industry obscure.
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Auckland Star, Volume LXXIII, Issue 123, 27 May 1942, Page 3
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125AUSTRALIAN ITEMS Auckland Star, Volume LXXIII, Issue 123, 27 May 1942, Page 3
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