10 MAY 1935, Page 61

Financial - Notes (Continued from page 818.)


The Chairman of Odhams Press was able at the recent Annual Meeting to present a good report and Balance Sheet to the shareholders. The profit for last year amounted to 1347,210 as compared with £332,464 for the previous year. The Directors are now paying a dividend for the year of 15 per cent, and the Chairman stated that apart from 1920, the year of the general strike, the profits of the Company had shown a steady and continuous expansion. The Chairman also said in the course of his Speech that the Company had acquired the sole rights for the British Isles in the patents of a new process of photogravure printing known as the Speedry Alco-Gravure method of colour printing, which enabled high- class multi-colour printing to be produced at newspaper speeds, a result which had never before been attainable.