6 APRIL 1934, Page 34

JOHN BARKER'S RESULTS.

Although the net profit of John Barker and Company for the past year of £: 87,315 compared with £424,291 in the previous year, the dcclin2 was partly due to lower interest from investments, the actual trading profits being only duo about £62,000, whereas the gross profits showed a decline of over £70,000. The net profit, however, it will be noted, was only down £36,000 owing to reductions effected in expenses, Moreover, the balance-sheet is again a strong one, the holding of Cash being just under £500,000.