1 MARCH 1930, Page 53


At the recent meeting of Selfridge & Company, the Chairman, Mr. Gordon Selfridge, had an inspiring statement of profits to put before the shareholders. After setting out the satisfac- tory figures for the past year, Mr. Selfridge referred to the fact that the business in a few weeks' time would attain its majority, and during the whole of this period profits have shown most steady progress. For the first year they amounted to only £6,100, but for the year just closed the figure was no less than £481,812, while if the profits of all the Selfridge businesses, including those of the Provincial branches, were added together the total, the Chairman stated, would exceed £900,000.