Patons and Baldwin’s Year
High profit, though below the figures for the previous twelve months, was disclosed in the accounts of Batons and Baldwins. Ltd., Halifax, Yorkshire, who are also buyers of wool in tlie New Zealand sales. The company is associated with Patous and Baldwins vAustralasia). Melbourne, and manufactures woollens goods and hosiery yarns. _lt owns all the shares in the Australasian company and in Farida, Inc. The Halifax company, which operates the Clarkbridge mills, realised for its past trading year net profit of £330,301. or £7S.Jiless than for the preceding y caI ’ , r T? n t n p reserve has been transferred £io4>oU, raising the account to £675.000. Dividend on the ordinary shares is 10 Pp r cent., tax free. The sum brought in was £42,072, and £55 728 was carried forward. For the previous year ordintiry shareholders received dividend ot 10 pei cent, and bonus of J per cent. cnnital is £2,958.738. including £1,30.’.4*4 in cumulative preference 64 per cent, stock.
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Dominion, Volume 28, Issue 103, 25 January 1935, Page 14
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164Patons and Baldwin’s Year Dominion, Volume 28, Issue 103, 25 January 1935, Page 14
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