COTTON MAKERS' HUGE PROFITS
INVESTIGATION AS TO THE CAUSE OF THE HIGH PRICES. 3 (Rec- November 10, 1.30 a.m.) London, November G. The year's profit of J. P. Coatts and Co.. cotton manufacturers, was .£3,899,388. After payment of excess profits tax, oroinarv snares receive;! a dividend of 40 per cent, and a sum of ' ,£2,299,288 was carried forward, making the reserve funds ,£11,000,000. Tt is untferstobd that ordinary shareholders are ttlso receiving 100 wr cent, share bonus. Pound'shares are worth .£lO. It is noteworthy that .the Consumers' Council is investigating the cause of reel cotton costing 7Jd.— Aus.-N.Z. Cabb Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19191110.2.26
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 13, Issue 39, 10 November 1919, Page 5
Word count
Tapeke kupu
100COTTON MAKERS' HUGE PROFITS Dominion, Volume 13, Issue 39, 10 November 1919, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in