The British Electric Traction Co., Ltd., announces that the revenue
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for the year ended March 31 last amounted to £400,017, the net profit (subject to audit) being £245,122, as against £254,314 a year earlier. A participating dividend of 2 per cent. is to be paid on the 6 per cent. preference stock, again making the full dividend of 8 per cent, for the year, and the deferred ordinary stockholders are to receive 5 per cent, in cash (of which 21, per cent. has already been paid), and a
bonus of 10 per cent, in fully paid 11 deferred ordinary shares.
After these distributions are made there is a balance of £21,135, which is to be added to the undivided profits account, bringing it up to £1,209,279.
A Light. Van Show.
The special exhibition of light commercial vehicles staged by Godfreya, Ltd., 366, Euston Road, London, N.W.1, this week, is proving a great success. There are on show all types of Jovvett, B.S.A. and Fleet vehicles, including the new large-capacity Jewett vent, which was announced in The Commercial Motor last week. The show 'continues until 6 p.m. to-morrow (Saturday).
Scottish Tyro FactOry Visited.
Between 40 and 50 members of the Glasgow City Business Club, representative of many business interests in Glasgow and district, recently visited the factory of the India Tyre and Rubber Co. (Great Britain), Ltd„ at Inchinnen, arid displayed much interest in the various processes which go to the making of a modern giant tyre.
Over 2,000 Tecalemitequipped Service Stations.
There are now over 2,000 service stations and garages throughout the country using Tecalemit equipment. At any of these depots a vehicle can be adjusted, cleaned, lubricated, etc., in the minimum amount of time. Lubrication is effected under high pressure, the used grease being driven out at the same time' as the new lubricant is forced into the parts. The equipment referred to is made by Tecalemit, Ltd., Great West Road, Brentford, Middlesex.
Buyers' Guide Amendments.
Readers should make the following corrections to the Buyers' Guide of Goodscarrying Chassis published last week :— Stevens, 5-cwt. 3-wheeler, price £88; Singer 12-cwt. and 15-cwt. vans, Chassis prices respectively, £156 and £185 (the figures given were for the complete van) ; Leyland Cubs, KSX2, KDSX1, SKDX1, 31-ton pay-load figures do not include body weight.