30 JULY 1937, Page 34

SCRIBSANS' PROFITS.

At the annual meeting of Scribbans and Corripany the Chairman, Mr. Philip Hill, explained that' the set-back in profits during 'the past year was entirely attributable to higher prices for commodities used, coupled -with increased labour costs. The obvious sotution, said Mr. .Hill,. is to make some slight increase in cost to • the consumer, but so far it has been

ibund impossible to obtain concerted action throughout th: (Continued.on page 2241-)

FINANCIAL NOTES

(Continued from page 222.)

trade. The Chairman emphasised that his remarks applied mainly to the business of Scribbans and that he was satisfied with the prospects of their subsidiaries.