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OPERATORS WANT MORE DETAILS OF NEW SCHEME

4th December 1942
Page 21
Page 21, 4th December 1942 — OPERATORS WANT MORE DETAILS OF NEW SCHEME
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.1-1 A WELL-ATTENDED meeting of

the C.M.U.A., North-Western Division (Eastern Sector) was held last Sunday, in Manchester, to discuss the new haulage scheme of the Ministry of, War Transport. Mr. H. Allen, chairman of the Division, was in the chair. Mr. Farnorth, divisional secretary, dealt with the cardinal points outlined in the Minister's Press statement, and his supplementary notes, after which Mr. E. F. Topham, a Manchester operator, addressed the meeting and described the new project as a monument of ambiguity.

After a number of questions had been answered, the meeting passed a resolution intimating that it was unable to express approval or otherwise of the proposals because, of lack of knowledge of essential details. The meeting. expressed dissatisfaction that the existing scheme was to be abandoned and that a new one had been announced without consulting representative organizations of the industry. It was added that " the meeting is not in a position to advise operators to enter into • agreements with the Minister either as ' controlled undertakings' or to hire their vehicles to the Minister until he publishes full and precise information, which he is urged to do at once."

THORNYCROFT TRADING RESULTS

THE report of John I. Thornycroft and Co., Ltd., for the year ended July 31, 1942, shows a profit of £130,895. Interim dividends absorbed £30,375, and the following final dividends are to be paid:-3 per cent, on the cumulative preference shares (£6,000), 5f per Cent. on the participating preferred ordinary shares (£13,125), and 8 per cent. (making 13 per cent. for the year) on the ordinary shares (£24,000). After £50,000 has been transferred to the reserve, £75,700 remains to be carried forward, compared with £68,304 brought in.

BROCKHOUSE HAS ANOTHER GOOD YEAR I N respect of the year ended Septem

ber 30, J. Brockhouse and Co., Ltd., made a net profit, after providing, in subsidiaries, taxation of £428,527, of £315,469. Dividends paid and to be paid take £73,150, and taxation reserve £225,000, whilst there is an allocation of £50,000 to post-war reserve, leaving £101,439 to be carried forward, against £134,120 brought in. The final dividend on the ordinary stock is 124 per cent., making 20 per cent. for the year.

ECONOMICAL SAND-BLASTING.

CLEANING up of small articles is the special, object of the Guyson Sandblast Cabinet, made by Guyson Industrial Products, Ltd., 423, Kirkstall Road, Leeds, 4. The cabinet is of sheet metal and has a central blast gun, parts for cleaning being manipulated in the abrasive stream from the nozzle. An inspection window gives a full view of the work during the operation. Corn plete equipment costs £42 10s. and for priority work we understand that speedy delivery can be given.

Tags

Organisations: Guyson Sandblast Cabinet
People: Farnorth, H. Allen
Locations: Manchester, Leeds