DUOPHONE PROGRESS.
The recent circular of the Duophone and Unbreakable Record Company to its shareholders confirms the optimism already expressed by the directors and the eagerly awaited general meeting is promised "certainly before the end of this year," while the dividend due on the preference shares, including arrears, up to June 30th last will be paid on October 3ist, 1923. Concluding that the factory at Southall;lhough capable of producing about twenty million records per annum was too small, the directors have purchased yet another at New Malden, which shortly will have a yearly output capacity exceeding thirty million records ; the former factory being retained as an engineering works for the production of gramophone record manufacturing machinery. It is stated that orders for records from Duophone (Foreign) Ltd. and from allied companies in addition to those obtained through usual Uncle channels and at the Leipiig Fair are calculated to ensure constant and increasing work for the company for some years to come on profitable terms.. Reference is also made to extensions 'of a world-wide nature through the foreign subsidiary and alliances.
A.W.K.
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