12 MARCH 1932, Page 46

A Emu Raconn.

Fur seven years now in succession the Directors of the London and Thames Haven Oil Wharves have been able to declare a dividend for the year of 10 per cent., together with a bonus of 5 per cent. free of tax. This is an excellent record, and, moreover, it has not been disturbed by the financial depression of the past year. During the year the Directors received £487,500 as premium on the Ordinary Shares issued during the year. This sum has been -added to the Reserve, which, after writing £182,500 to Depreciation Funds, stands at £1,300,000. The profit on trading for the year, including interest on investments and the balance brought in, was £372,863, as compared with £340,000 for the previous year.

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