RECORD PROFITS
FARMERS’ TRADING COMPANY USUAL DIVIDENDS RECOMMENDED (By Teierfrranh.—Press Association) AUCKLAND, Wednesday The annual accounts of the Farmers’ Trading Company for the year ended March 31. show record net profits of £115.319 compared with the previous best year of £104.236. The usual dividends of 5 3-5 per cent, for preference and 7 per cent, for ordinary shares are recommended. A new item in the balance-sheet is stocks reserve at £SOOO. The reserve against sundry debtors
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Waikato Times, Volume 122, Issue 20502, 19 May 1938, Page 3
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76RECORD PROFITS Waikato Times, Volume 122, Issue 20502, 19 May 1938, Page 3
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