* * * * IRON COMPANY'S GOOD RESULTS.
It is always satisfactory to be able to record one of the leading ironworks earning satisfactory profits, and the Stanton Ironworks must be placed among the few coal and iron com- panies which have given quite good results -during the period of post-War depression, Although there has been some . . (Continued on page vi.).
Financial Notes
(Contiriuecl from page 928.) - • variation in profits, 10 per cent. dividends have been paid throughout and, moreover, the dividend has been paid out of average earnings in excess of the 10 percent. - For the past year the net profit was £195,604 after charging depreciation. The Directors attribute the decline in profits for the year to economies in expenditure on public utility- services, while by reason of-the Quota the Company was notable to operate its coal mines to full capacity.
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