The great J, and P. Coat-es cotton concern shows trading figures which are staggering in. their iinmenwty. A concern! which can' pay £900,000 a year in ordinary dividends, which .distributes some £BOO,OOO a year in prior charges, preference dividends, ami the like, and which appropriates close upon £900,000 to reserve, pension funds, etc., out of a solitary year's earnings, a/ind then carries forward £420,000, is not to he considered an, oidinary business concern. The capital of this great organisation, including debentures and the various clasf»es of shares amounts to £11,200,000. The reserve fiirid, fire indemnity funds, and oilier reserves, amount to substantially avev £3,000,000,
CABLE NEWS.
£b! KlißOlttlO THUBOSAPH. OOIPIBl&H.] PE P3FSB IBSOCIATiOS.
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Taranaki Daily News, Volume XLV, Issue 259, 17 December 1903, Page 2
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113Untitled Taranaki Daily News, Volume XLV, Issue 259, 17 December 1903, Page 2
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