6 JULY 1929, Page 39

TEA PROFITS.

In view of the big jump in trading profits of the International Tea Company's Stores, it is scarcely surprising that the directors should have decided to make a further issue of capital. For the past financial year the trading profit was 1675,919 as compared with only £579,553 for the previous year. The net available profit, after debiting all charges, including 150,000 for depreciation, is 1546,636. The directors are now adding 1150,000 to the Reserve and are paying a final dividend of 16 per cent., making 30 per cent. for the year, with a carry forward of £131,750. A similar sum was placed to the Reserve a year ago while the dividend for the year was 25 per cent