26 JUNE 1926, Page 32

ODBLAMS PRESS.

At the recent Annual Meeting of Odharns Press, the chairman, Lt.-Col. W. Grant Morden, was able to announce a very satisfactory result of the year's working. The net profit was £118;000 compared with £103,000 in the previous year and with only £71,000 in 1922. After referring in optimistic terms to past results and to futu re probabilities under normal conditions, the chairman referred to the necessity for acting cautiously in view of the effect of the coal stoppage, and in recommending a dividend of 6 per cent. he said that the directors had originally contemplated a much large distri- bution, but were acting with a view to all possible contingencies.

A. W. K.