31 MARCH 1939, Page 60

ERICSSON TELEPHONE PROSPECTS

Mr. T. Kirkham, who presided at Wednesday's meeting of Ericsson Telephones in the absence of Sir Harold Wernher, had a highly encouraging account to offer the shareholders. In every year since 1933 the company has reported a growing volume of trade, and he saw every reason why that state of affairs should continue. The company now has a record (Continued on page 574)

FINANCIAL NOTES

(Continued from page 572) volume of orders on hand and splendid prospects of further large contracts. Mr. Kirkham also mentioned that the factory plant was eminently suitable to undertake other work of national importance should the need arise. For the progressive results achieved he gave much credit to the Post Office, and particularly to their foresight in instituting tit years ago a co- operative system between themselves and the chief makers of