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LEADING ACCESSORY MAKER HAS GOOD YEAR

1st January 1943, Page 26
1st January 1943
Page 26
Page 26, 1st January 1943 — LEADING ACCESSORY MAKER HAS GOOD YEAR
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Which of the following most accurately describes the problem?

I N the year ended August 1 last, "S. Smith and Sons (Motor Accessories), Ltd., made a trading profit Of £597,539 compared with £561,836 in the previous year, the net profit coming out

at £172,218 (contrasted with £171,485), this figure being arrived at after deducting £94,405 for depreciation, £7,572 for provision for war damage contributions, and £322,844 for taxation. The dividends are maintained at 17+ per cent, on the preferred ordinary shares, and 37+ per cent. on the deferred ordinary shares. After deducting certain other items, the amount to be carried forward is £52,183.

BID TO KEEP SHIELDS FERRY OPEN

DROPOSALS have been submitted

to the Tyne Improvement Commission by Tynemouth and South Shields Corporations for keeping open the North-South Shields direct ferry, which the Commission intends closing for financial reasons. Suggestions inctude raising tolls and an application to the Ministry of Transport for agrant towards running costs.

The corporations suggest that the vehichlar service on the Market Place ferry should cease each day at 7 p.m. and, that only a passenger service should be operated for the rest of the day.

COMPETITION FOR A WOMEN WAR WORKERS HAT

LAST week, at Devonshire House, LaPiccadilly, London, W., was held the final stage of .a competition organized by the directors of Rootes Securities, Ltd. The idea was to design an acceptable type of hat for women workers to prevent their hair becoming-entangled in machinery.

The company is responsible for the management of 30 factories in different partg of the country, and it organized competitions at 10 of these, eligible for entry by any employee, male or female. The entrants from each factorywere

judged by a small committee of that factory and cash prizes awarded for first and second places. All 20 hats were then -forwarded to Devonshire House for the judging. The entrant of the prize-winning model was awarded £50. • MINISTRY UPHOLDS BUS DECISION OF COMMISSIONER

THE decision of the Northern Regional Transport Commissioner, Sir John Maxwell, to allow buses entering Newcastle-on-Tyne to pick up passengers on the Great North Road has been upheld by the Ministry of War Transport. The Commissioner's decision was challenged by Newcastle-. on-Tyne City Council.

POSTER CAMPAIGN TO REDUCE TRAVEL

OPERATORS all over the country are being invited to provide sites, either inside or outside vehicles, for special posters prepared by the Ministry of Information on behalf of the M. of W.T., and Ministry of Labour, appealing to the public to reduce to a minimum the demand on travelling fatilities. They can also be displayed on sites at various halts, and will be supplied without charge on application to the Public Relations Division of the Ministry of War Transport, Berkeley .Square House,* Berkeley Square, London, W.1, which must know, without delay, how many will be required so that they can be printed.


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