"Trade Conditions Improving"
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WEbelieve that in general trading conditions are slowly improving," states Mr. James Wild, chairman of Fodens, Ltd., in his annual report.
"Competition for business in all parts of the world has grown considerably during the year, and we have spared no effort to maintain our sales position," he adds. "Many buyers overseas are asking for extended credit terms similar to those being offered by manufacturers in the United States and Germany.
"It appears, however, that the facilities at the disposal of our foreign competitors are at times more favourable than those available to manufacturers in this country."
He explains how every £1 earned by the company was spent. A sum of 12s lid. went towards materials and services, 5s. 61d. on wages and salaries, 10d. was absorbed by taxation, 81d. was expended upon the servicing of building plant and equipment, and 31d. was retained in the business, leaving -31d. for net dividends.
"RUSSIAN VEHICLES MAY CROSS CHANNEL"
A FORECAST that Russian com
mercial vehicles may one day cross the English Channel on the TilburyAntwerp ferry was made in Antwerp last week by Mr. John Bustard, director and general manager of the Transport Ferry Service.
Addressing representatives of the British, Belgian and Dutch road haulage industry, and members of the Belgian Ministry of Communications and the Customs' and Port Authority, he said that a service of ferries specially designed and operated for road transport had a vital part to play in the "Free Trade With Europe" campaign.
"In the past three or four months, the volume of commercial traffic using the Tilbury-Antwerp service has roughly doubled itself each month," he said. "I anticipate that in order to meet this rapidly accelerating demand we shall be putting a second•ship into service in the latter part of the year."
An outside broadcast television van from the Marconi Wireless and Telegraph Co., Ltd., used the service on the first stage of a 900-mile journey to Jugoslavia, last week. After leaving the "Empire Celtic" at Antwerp, the van carried on to the Zagreb trade fair, where it will be exhibited before making a four-month tour of the country.
PILOT CABS FOR ALBIONS
ALL Albion vehicles either 7 ft. 6 in. or 8 ft. wide can now be obtained with cabs made by Pilot Works, Ltd., Bolton, which afford good visibility through wrap-round windscreen panels. The framework of the cabs is of timber and the exterior panelling in aluminium. The roof is made of tongued and grooved boards. Inside the lower part of the cab is lined with panels covered with canvas, and the woodwork is varnished.