21 MARCH 1931, Page 46

MAZAWATTEE.

The Annual Report of the Mazawattee Tea Company is a good one, the profit for the year amounting to £57,875 against 156,574 for the previous year. A further £5,000 is placed to the Reserve and the Ordinary shareholders again obtain 15 per cent. by way of dividend, while the carry forward is increased from £51,388 to £59,369. The balance sheet shows a good liquid position with Cash standing at £25,197 against £9,513 a year ago.