When a company publishing as many well-known journals as the
Hulton Press finds itself in the position in which the Hulton Press is the matter is of some public interest. The best-known of the Hulton Press publications is Picture Post, which has gone steadily down the hill since two editors, first Mr. Hopkinson and then Mr. Castle, had differences of opinion with Mr. Edward Hulton, the chairman of the com- pany, and departed. The loss on Picture Post was largely responsible for a drop in the company's net profits after tax from £116,839 to £9,745. Of other publications Farmers' Weekly is understood to pay well, Eagle and Girl moderately and Lilliput probably not at all. Now Mr. Hulton has asked four directors, one of them the best business-man associated with the concern, to retire. They are apparently to be replaced. Those remaining are Mr. and Mrs. Hulton and Mr. Malcolm Messer, Editor of Farmers' Weekly. Mrs. Hulton was " Princess Nika Yourievitsch, daughter of Prince Serge Yourievitsch, the Russian diplomatist and sculptor, and Helene de Lipovatz, daughter of General de Lipovatz, Cetinje, Montenegro." (So Who's Who.) Mr. Hulton had previously been married to Kira Pay.lovna, daughter of General Paul Goudime-Levkovitsch, Imperial Russian Army. The reconstruction of the Hulton Board is drastic; well begun is—half done.
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