12 MAY 1933, Page 30

A GOOD INDUSTRIAL REPORT.

The report of the Ever Ready Company shows that the profits for the last financial year amounted to £348,473, being an increase of about £11,000 compared with the previous year. The figures are the more satisfactory inasmuch as the report states that the sales increased by 24 per cent. Out of the net profit 187,913 is placed to reserves after charging £15,903 for depreciation before arriving at net profits, and the total reserves now stand at £725,000 as compared with a paid' up capital of 1857,610. The dividend is maintained at the fine rate of 35 per cent. for the year. Cash and Government securities stand in the balance-sheet at over £300,000, being an increase of over £100,000 compared with the previous year.