2 JULY 1932, Page 34

AMALGAMATED DENTAL.

Another satisfactory industrial report is that of the Amal- gamated Dental Company, whose satisfactory character is emphasized, moreover, by the fact of the steadiness of profits over a period of years. For the fifth successive year the divi- dend on the Deferred capital is maintained at 5 per cent., tax free, and, notwithstanding unfavourable financial conditions, trading profits for the year rose by nearly £3,000 to 1221,875. A larger appropriation for taxation, however, slightly reduced the net profit to £155,406 as compared with £160,749. A sum of £15,000 is again placed to Reserve, and the slightly larger balance of £11,859 is carried forward.